Civic Intelligence

Unc Law Foundation Inc. Van Hecke- Wettach CD3380

990 • Fiscal year 2014 • EIN 56-0934173

Jul 01, 2013 to Jun 30, 2014 • Filed on May 13, 2015

Organization ProfileN/A
160 Ridge Rd27599-3380

(919) 445-0187

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • NTEE B • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • NTEE B • $25M-$50M nonprofits • Source year 2014

Net Margin

91st percentile

52%

Higher net margin than 91% of similar nonprofits.

2014 filings • NTEE B • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

75th percentile

$375,458

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2014 filings • NTEE B • $25M-$50M nonprofits • Source year 2014

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

2014 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-6.7%

Faster revenue growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2011 to 2014

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$47,559,870

Up $5,320,570 (+13%) from 2013

Net Assets

Up

$47,559,870

Up $5,320,570 (+13%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin91st percentile

Revenue

$3,511,388

No earlier filing loaded for comparison.

Expenses

Down

$1,691,722

Down $599,825 (-26%) from 2013

Net Income

$1,819,666

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $34,467,144Liabilities 2011: $209Net Assets 2011: $34,466,9352011Assets 2012: $38,078,152Liabilities 2012: $209Net Assets 2012: $38,077,9432012Assets 2013: $42,239,300Liabilities 2013: $0Net Assets 2013: $42,239,3002013Assets 2014: $47,559,870Liabilities 2014: $0Net Assets 2014: $47,559,8702014Assets 2015: $51,427,958Liabilities 2015: $0Net Assets 2015: $51,427,9582015Assets 2016: $48,753,718Liabilities 2016: $0Net Assets 2016: $48,753,7182016Assets 2017: $54,057,747Liabilities 2017: $0Net Assets 2017: $54,057,7472017Assets 2018: $62,250,634Liabilities 2018: $3,298Net Assets 2018: $62,247,3362018Assets 2019: $67,976,386Liabilities 2019: $3,651Net Assets 2019: $67,972,7352019Assets 2020: $68,977,645Liabilities 2020: $0Net Assets 2020: $68,977,6452020Assets 2021: $96,363,557Liabilities 2021: $0Net Assets 2021: $96,363,5572021Assets 2022: $100,707,113Liabilities 2022: $0Net Assets 2022: $100,707,1132022Assets 2023: $97,851,761Liabilities 2023: $2,588Net Assets 2023: $97,849,1732023Assets 2024: $104,979,768Liabilities 2024: $2,264Net Assets 2024: $104,977,5042024

Highlighted filing

2014

Assets$47,559,870
Liabilities$0
Net Assets$47,559,870
Open 2014 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $4,325,593Expenses 2011: $1,415,104Net Income 2011: $2,910,4892011Expenses 2012: $1,486,0392012Expenses 2013: $2,291,5472013Revenue 2014: $3,511,388Expenses 2014: $1,691,722Net Income 2014: $1,819,6662014Revenue 2015: $5,064,531Expenses 2015: $2,674,521Net Income 2015: $2,390,0102015Revenue 2016: $4,169,249Expenses 2016: $3,383,959Net Income 2016: $785,2902016Revenue 2017: $5,834,370Expenses 2017: $4,333,638Net Income 2017: $1,500,7322017Revenue 2018: $7,694,265Expenses 2018: $4,609,401Net Income 2018: $3,084,8642018Revenue 2019: $5,730,059Expenses 2019: $3,506,118Net Income 2019: $2,223,9412019Revenue 2020: $3,003,930Expenses 2020: $2,703,334Net Income 2020: $300,5962020Revenue 2021: $7,068,726Expenses 2021: $2,722,415Net Income 2021: $4,346,3112021Revenue 2022: $5,495,644Expenses 2022: $3,926,009Net Income 2022: $1,569,6352022Revenue 2023: $3,940,883Expenses 2023: $5,909,657Net Income 2023: -$1,968,7742023Revenue 2024: $3,059,172Expenses 2024: $5,622,422Net Income 2024: -$2,563,2502024

Highlighted filing

2014

Revenue$3,511,388
Expenses$1,691,722
Net Income$1,819,666
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 13, 2015
Return Version
2013v4.0
Gross Receipts
$3,525,124
Mission and Program Overview

Mission

To provide support, foster, and encourage the study and teaching of law at the law school of the university of north carolina at chapel hill.

To provide support, foster, and encourage the study and teaching law at the law school of the university of north carolina at chapel hill.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$35,989,154$41,347,769▲ $5,358,615
Savings and Temporary Cash Investments$6,248,562$6,194,694▼ $53,868
Accounts Receivable$1,584$17,407▲ $15,823
Total Assets$42,239,300$47,559,870▲ $5,320,570
Liabilities
Accounts Payable and Accrued Expenses-$0-
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$19,291,234$23,743,232▲ $4,451,998
Permanently Rstr Net Assets$20,415,696$20,931,955▲ $516,259
Unrestricted Net Assets$2,532,370$2,884,683▲ $352,313
Total Net Assets Fund Balance$42,239,300$47,559,870▲ $5,320,570
Total Liabilities and Net Assets / Fund Balance$42,239,300$47,559,870▲ $5,320,570

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$41,347,769--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$36,245,541$516,126▲ $5,499,651$795,591$41,465,727
2012$32,500,503$1,821,000▲ $3,660,622$1,736,584$36,245,541
2011$29,334,111$3,553,529▲ $463,351$850,488$32,500,503
2010$24,589,499$1,794,154▲ $3,637,586$687,128$29,334,111
2009$22,254,128$535,719▲ $1,306,901$-492,751$24,589,499
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Patricia HennesseyAssistant TreasurerPT$131,907$131,907
T Brandon WrightAssistant SecretaryPT$109,472$109,472

Board Members and Trustees

NameTitle
Ann CoxBoard of Directors
Charles PhillipsBoard of Directors
Edwin Jasper Walker JrBoard of Directors
Elizabeth Leight QuickBoard of Directors
Harriett Jean SmallsBoard of Directors
JOHN PETER O'HALEBoard of Directors
Joel Johnson HugheyBoard of Directors
Lynne Fuller-andrewsBoard of Directors
Merrill Mccall MasonBoard of Directors
Michael H GodwinBoard of Directors
Tracy CalderBoard of Directors
John Charles BogerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,475,072
Program Service Revenue
$0
Investment Income
$2,011,118
Other Revenue
$25,198
All Other Contributions
$1,438,887
Change in Net Assets
$1,819,666

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$85,798Fair Market Value
Total Noncash Contributions8$85,798-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,511,388
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,514,640
Total Revenue per Audited Statements
$7,026,028
Total Revenue per Form 990
$3,511,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,691,722
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$239,668--$239,668
All Other Expenses$117,022--$117,022
Fees for Services Accounting-$28,850-$28,850
Total Functional Expenses$1,662,872$28,850$0$1,691,722

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,705,458
Expenses per Audited Statements$1,691,722
Total Expenses per Form 990$1,691,722
Expenses Not Reported on Form 990$13,736
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,736
Fundraising Gross Income$3,553
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$39,738$3,553$2,166$1,387
Total Events$39,738$3,553$13,736$-10,183
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Dean of unc school of law appoints members to the board of the foundation.”

Form 990, Part VI, Section B, Line 11

“The 990 is reviewed by selected members of the audit committee who make a report to the board of directors.”

Form 990, Part VI, Section B, Line 12C

“Board members are provided a copy of the policy and annually sign an attestation letter of their adherence to the policy.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are avaiable upon request.”

Filing and Contact Details

Filer

EIN
56-0934173
Phone
9194450187

Signing Officer

Name
John Boger
Title
Secretary/treasurer
Phone
9194450187
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Boger
Formed
1969
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Preparer
Tamela L Gainey
Phone
3362724551
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

“Accounting method used is modified cash basis, consistent with prior year.”

Financial Statement Notes

PART V, LINE 4:

“The foundation endownment funds consist of approximately 200 individual funds established for investment purposes, with the earnings to be utilized to provide support for the programs of the law school at unc chapel hill.”

PART X, LINE 2:

“Management evaluated the foundation's tax positions and concluded that the foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with provisions of the income taxes topic of the financial accounting standards board (fasb) accounting standards codification (fasb asc). With few exceptions, the foundation is no longer subject to income tax examinations by the u.s federal, state or local tax authorities for years before 2011.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 13,736.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 13,736.”

Raw XML AppendixShowing 400 of 560 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-10183
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03500904
IRS990/NoncashContributionsAmt097649
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIPS
IRS990/OtherExpensesGrp/Desc1OPERATIONS AND EXTERNAL
IRS990/OtherExpensesGrp/Desc2ALUMNI EVENTS
IRS990/OtherExpensesGrp/Desc3FACULTY AND STUDENT PRO
IRS990/OtherExpensesGrp/ProgramServicesAmt0708044
IRS990/OtherExpensesGrp/ProgramServicesAmt1305766
IRS990/OtherExpensesGrp/ProgramServicesAmt2292372
IRS990/OtherExpensesGrp/ProgramServicesAmt3239668
IRS990/OtherExpensesGrp/TotalAmt0708044
IRS990/OtherExpensesGrp/TotalAmt1305766
IRS990/OtherExpensesGrp/TotalAmt2292372
IRS990/OtherExpensesGrp/TotalAmt3239668
IRS990/OtherRevenueMiscGrp/BusinessCd0611310
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt035381
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035381
IRS990/OtherRevenueTotalAmt035381
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt020415696
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt020931955
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN BOGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02738564
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01837259
IRS990/PYOtherExpensesAmt02291547
IRS990/PYOtherRevenueAmt029591
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02313867
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02291547
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04605414
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt01819666
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt035381
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06248562
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06194694
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01475072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02738565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04545840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02638563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01443152
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012841192
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09854
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016737
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt031274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt049654
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0127628
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt035381
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt037324
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt067793
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0197384
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0639521
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0977403
IRS990ScheduleA/PublicSupportCY170Pct00.61260
IRS990ScheduleA/PublicSupportPY170Pct00.58480
IRS990ScheduleA/PublicSupportTotal170Amt08543136
IRS990ScheduleA/SubstantialContributorsTotAmt04298056
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01475072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02738565
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04545840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02638563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01443152
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012841192
IRS990ScheduleA/TotalSupportAmt013946223
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt036245541
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0516126
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt041465727
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt05499651
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0795591
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt032500503
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01821000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt036245541
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03660622
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt01736584
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt029334111
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt03553529
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt032500503
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0463351
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0850488
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt024589499
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01794154
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt029334111
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03637586
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0687128
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt022254128
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0535719
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt024589499
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01306901
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0-492751
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt013736
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01691722
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03500904
IRS990ScheduleD/OtherExpensesIncludedAmt013736
IRS990ScheduleD/OtherRevenueAmt013736
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt041347769
IRS990ScheduleD/OtherSecuritiesGrp/Desc0UNC INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.50480
IRS990ScheduleD/RevenueNotReportedAmt03514640
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03511388
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ENDOWNMENT FUNDS CONSIST OF APPROXIMATELY 200 INDIVIDUAL FUNDS ESTABLISHED FOR INVESTMENT PURPOSES, WITH THE EARNINGS TO BE UTILIZED TO PROVIDE SUPPORT FOR THE PROGRAMS OF THE LAW SCHOOL AT UNC CHAPEL HILL.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (FASB ASC). WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 13,736.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSES 13,736.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.49520
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt041347769
IRS990ScheduleD/TotalExpensesPerForm990Amt01691722
IRS990ScheduleD/TotalRevenuePerForm990Amt03511388
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07026028
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01705458
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt036185
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt036185
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013736
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02120
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039738
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039738
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt03553
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt03553
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-10183
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01350
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01350
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02166
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02166
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08100
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08100
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,559,870
Liabilities
$0
Net assets
$47,559,870
Revenue
$3,511,388
Expenses
$1,691,722
Net income
$1,819,666
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$105$0.00$105$3.06$5.62$2.56
2023Detailed filing. Detailed filing data is available for this year.$97.9$0.00$97.8$3.94$5.91$1.97
2022Detailed filing. Detailed filing data is available for this year.$101$0.00$101$5.50$3.93$1.57
2021Detailed filing. Detailed filing data is available for this year.$96.4$0.00$96.4$7.07$2.72$4.35
2020Detailed filing. Detailed filing data is available for this year.$69.0$0.00$69.0$3.00$2.70$0.30
2019Detailed filing. Detailed filing data is available for this year.$68.0$0.00$68.0$5.73$3.51$2.22
2018Detailed filing. Detailed filing data is available for this year.$62.3$0.00$62.2$7.69$4.61$3.08
2017Detailed filing. Detailed filing data is available for this year.$54.1$0.00$54.1$5.83$4.33$1.50
2016Detailed filing. Detailed filing data is available for this year.$48.8$0.00$48.8$4.17$3.38$0.79
2015Detailed filing. Detailed filing data is available for this year.$51.4$0.00$51.4$5.06$2.67$2.39
2014Detailed filing. Detailed filing data is available for this year.$47.6$0.00$47.6$3.51$1.69$1.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.2$0.00$42.2$2.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.1$0.00$38.1$1.49
2011Summary only. Only limited summary data is available for this year.$34.5$0.00$34.5$4.33$1.42$2.91