The Educational Foundation Inc

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

EIN: 566058412 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

Overview

What is The Educational Foundation Inc?

The Educational Foundation Inc, also known as Rams Club, is a nonprofit organization based at Chapel Hill, North Carolina. They have recently completed the construction of a new soccer and lacrosse stadium complex and undergone renovations for Eddie Smith Fieldhouse, featuring track resurfacing. The organization continues to address remaining costs associated with their recently finished projects. Rams Club also extends financial support to the University of North Carolina at Chapel Hill by contributing to the operating budgets of 28 sports and aiding in debt servicing for athletic facility renovations.


Official website here: www.ramsclub.com

Is The Educational Foundation Inc legitimate?

The Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Educational 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: $1,410,061
Professional Fundraising Fees: $26,446
Other Salaries and Wages: $3,067,140

For more financial information, click here


Official website here: www.ramsclub.com

What is the mission statement of The Educational Foundation Inc?

The Educational Foundation Inc has been active in supporting various athletic initiatives. One of their recent accomplishments includes the construction of a new soccer and lacrosse stadium complex. In addition, they have carried out renovations for the Eddie Smith Fieldhouse, which included the re-surfacing of the track. The Foundation continues to address trailing costs on recently completed projects. Beyond these projects, they have contributed financially to the operating budgets of 28 sports at the University of North Carolina at Chapel Hill. Furthermore, they have supported debt service for previous renovations of athletic facilities.


Official website here: www.ramsclub.com

Who is the CEO of The Educational Foundation Inc?

John Montgomery is the Executive Director of The Educational Foundation Inc.


Official website here: www.ramsclub.com

What is the revenue of The Educational Foundation Inc?

The Educational Foundation Inc's revenue in 2022 was $82,405,052.


Official website here: www.ramsclub.com

Who are the executives of The Educational Foundation Inc and what are their salaries?

The average compensation at The Educational Foundation Inc during 2022 was $91,371. There are 49 employees and 200 volunteers at The Educational Foundation Inc.

Here are 35 key members and their salaries:

    John Montgomery (Executive Director)
  • Compensation: $509,113
  • Related: $0
  • Other: $45,276

    • Ken Mack (Sr Assoc Exec Dir Lead Gifts)
  • Compensation: $252,385
  • Related: $0
  • Other: $33,196

    • Tim Smith (Deputy Director)
  • Compensation: $225,445
  • Related: $0
  • Other: $26,979

    • Diane Aldridge (Cfo & General Counsel)
  • Compensation: $212,074
  • Related: $0
  • Other: $26,361

    • Matt Terrell (Chief Strategy & Comms Officer)
  • Compensation: $179,857
  • Related: $0
  • Other: $25,293

    • Seth Reeves (Chief Revenue Officer)
  • Compensation: $179,866
  • Related: $0
  • Other: $21,871

    • Eric Montross (Senior Director Of Principal Gifts)
  • Compensation: $170,553
  • Related: $0
  • Other: $12,677

    • Gary Burns (Senior Director Of Major Gifts)
  • Compensation: $156,616
  • Related: $0
  • Other: $25,374

    • Emily Stevens (Major Gifts Director)
  • Compensation: $154,021
  • Related: $0
  • Other: $21,055

    • Emily Coble (Senior Director Of Finance)
  • Compensation: $105,718
  • Related: $0
  • Other: $20,789

    • Alge Crumpler (Executive Board Mbr.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Curtis Mcclatchey (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Rothwell (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Sigman (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vaughn Moore (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Duckett (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Biese (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Golson (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Caldwell (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Hardison (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iv Culp (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Kennedy (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Boliek (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Meekins (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Routh (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Munroe Cobey (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Chewning (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Williams (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lowry Caudill (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Brenner (Executive Board Mbr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Williams (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Lloyd (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Vetter (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Milt Petty (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mann (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ramsclub.com

    Where can I find the form 990 for The Educational Foundation Inc?

    The The Educational Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ramsclub.com

    Learn more at the official website: www.ramsclub.com

    Mission Statement of The Educational Foundation Inc

    The Educational Foundation Inc, a dedicated nonprofit organization, has been instrumental in supporting various educational and athletic initiatives. With a focus on construction and renovation projects, the foundation has recently completed the building of a new soccer and lacrosse stadium complex. Beyond this achievement, they have also taken on the responsibility of addressing trailing costs from recently finished projects, including the re-surfacing of the track at Eddie Smith Fieldhouse.

    In addition to their construction projects, The Educational Foundation Inc has shown commitment to educational institutions, most notably the University of North Carolina at Chapel Hill. Through their financial assistance, they have contributed significantly to the operating budgets of 28 sports at the university. Moreover, they have taken on the debt service for previous renovations of athletic facilities, further demonstrating their unwavering support for the educational community.

    Impact

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




    Thursday, August 15, 2024

    The Educational Foundation Inc, also known as The Rams Club, has made a significant impact by completing construction projects such as a new soccer and lacrosse stadium complex, renovations for the Eddie Smith Fieldhouse, and a track complex. Additionally, the foundation has provided essential financial assistance to the University of North Carolina at Chapel Hill, supporting operating budgets for 28 sports and contributing to debt service for previous athletic facility renovations. These efforts have furthered educational opportunities and sports sustainability in the community.





    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: $4,507,841
  • Program Service Revenue: $0
  • Gross Receipts: $84,173,831

    • Assets and Liabilities:
  • Total Assets: $210,237,588
  • Total Liabilities: $115,023,392
  • Net Assets: $95,214,196
  • Organization Details

    Founding Year

    1938

    Principal Officer

    John Montgomery

    Main Address

    450 SKIPPER BOWLES DRIVE, CHAPEL HILL, NC, 27599

    NTEE Category

    Code: B11 - Education

    If you are a representative of The Educational 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.