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The University Of North Carolina Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562180508 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is The University Of North Carolina Foundation Inc?

The University of North Carolina Foundation Inc, located in Raleigh, North Carolina, serves as a supportive entity for the 17-campus University of North Carolina system. Its primary aim is to raise and invest funds benefiting the university, as well as conduct or contract research to enhance the institution's capacity to serve the state's citizens more effectively. The foundation's activities are multifaceted, encompassing aiding, supporting, and promoting various educational, scientific, scholarly, professional, artistic, and creative endeavors within the university. This includes enhancing the quality of supporting staff, services, and facilities, supporting research, scholarly, artistic, and creative work, and promoting public service activities. Furthermore, the foundation manages and invests property for the benefit of the University of North Carolina.


Is The University Of North Carolina Foundation Inc legitimate?

The University Of North Carolina Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University Of North Carolina Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of The University Of North Carolina Foundation Inc?
Who is the CEO of The University Of North Carolina Foundation Inc?
What is the revenue of The University Of North Carolina Foundation Inc?
Who are the executives of The University Of North Carolina Foundation Inc and what are their salaries?
Where can I find the form 990 for The University Of North Carolina Foundation Inc?

Mission Statement of The University Of North Carolina Foundation Inc

The University of North Carolina Foundation Inc plays a crucial role in supporting the mission of the 17-campus University of North Carolina system. Its primary objective is threefold. Firstly, it aims to enhance the quality of supporting staff, services, and facilities within the university by aiding, supporting, and promoting teaching, research, and service. Secondly, it seeks to boost the scholarly, artistic, and creative work of the university, including research, by providing the necessary resources. Lastly, it supports public service activities undertaken by the university, benefiting its faculty, staff, and students.

In addition to these objectives, The University of North Carolina Foundation Inc also manages property of all kinds, aiming to generate benefits for the university. It invests, reinvestes, sells, transfers, exchanges, and administers this property as required. Furthermore, it performs any actions deemed necessary or expedient for the benefit of the university, its programs, and its community. In essence, The University of North Carolina Foundation Inc acts as a catalyst, providing resources and enabling conditions that enable the University of North Carolina system to thrive and achieve its goals.

Impact

This information is meant to be a general summary of The University Of North Carolina Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The University of North Carolina Foundation Inc plays a crucial role in supporting the mission of the 17-campus University of North Carolina system. By raising and investing funds for the benefit of the university system, conducting or contracting research to improve services for the state's citizens, and enhancing the quality of educational, scientific, scholarly, and artistic endeavors, the foundation positively impacts the university's teaching, research, and service efforts. Its activities include supporting research, scholarly work, artistic endeavors, public service activities, and the enhancement of university facilities, staff, and services. Through its various initiatives, the foundation contributes to the overall advancement and excellence of the University of North Carolina.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $151,948
  • Program Service Revenue: $0
  • Gross Receipts: $736,089

    • Assets and Liabilities:
  • Total Assets: $7,712,999
  • Total Liabilities: $3,382,841
  • Net Assets: $4,330,158
  • Organization Details

    Founding Year

    1999

    Principal Officer

    Jennifer Haygood

    Main Address

    223 S WEST STREET SUITE 1700, RALEIGH, NC, 27603

    NTEE Category

    Code: B99 - Education

    If you are a representative of The University Of North Carolina Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.