Civic Intelligence

Unc Law Foundation Inc. Van Hecke- Wettach CD3380

990 • Fiscal year 2019 • EIN 56-0934173

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 10, 2020

Organization ProfileN/A
Attnjen Clark160 Ridge Road Cb 3380Chapel Hill, NC 27599-3380

(919) 445-0187

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

Higher debt load relative to assets than 4% of similar nonprofits.

2019 filings • NTEE B • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

2019 filings • NTEE B • $50M-$100M nonprofits • Source year 2019

Net Margin

94th percentile

39%

Higher net margin than 94% of similar nonprofits.

2019 filings • NTEE B • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

75th percentile

$448,248

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2019 filings • NTEE B • $50M-$100M nonprofits • Source year 2019

Asset Growth

74th percentile

9.2%

Faster asset growth than 74% of similar nonprofits.

2019 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

2019 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$67,976,386

Up $5,725,752 (+9.2%) from 2018

Net Assets

Up

$67,972,735

Up $5,725,399 (+9.2%) from 2018

Liabilities

Up

$3,651

Up $353 (+11%) from 2018

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin94th percentile

Revenue

Down

$5,730,059

Down $1,964,206 (-26%) from 2018

Expenses

Down

$3,506,118

Down $1,103,283 (-24%) from 2018

Net Income

Down

$2,223,941

Down $860,923 (-28%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth74th 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

2019

Assets$67,976,386
Liabilities$3,651
Net Assets$67,972,735
Open 2019 Filing

Operations Trend

Revenue Growth10th 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

2019

Revenue$5,730,059
Expenses$3,506,118
Net Income$2,223,941
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 10, 2020
Return Version
2018v3.1
Gross Receipts
$5,740,519
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$51,164,086$55,438,037▲ $4,273,951
Savings and Temporary Cash Investments$7,400,870$8,674,700▲ $1,273,830
Pledges and Grants Receivable$3,570,093$3,756,284▲ $186,191
Cash and Non-Interest-Bearing Accounts$33,786$34,956▲ $1,170
Total Assets$62,250,634$67,976,386▲ $5,725,752
Other Assets Total$81,799$72,409▼ $9,390
Liabilities
Accounts Payable and Accrued Expenses$3,298$3,651▲ $353
Total Liabilities$3,298$3,651▲ $353
Net Assets / Fund Balance
Temporarily Rstr Net Assets$31,345,641$33,402,074▲ $2,056,433
Permanently Rstr Net Assets$25,744,928$27,552,125▲ $1,807,197
Unrestricted Net Assets$5,156,767$7,018,536▲ $1,861,769
Total Net Assets Fund Balance$62,247,336$67,972,735▲ $5,725,399
Total Liabilities and Net Assets / Fund Balance$62,250,634$67,976,386▲ $5,725,752

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$55,438,037--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$53,937,473$1,137,608▲ $3,573,935$2,028,995$56,620,021
2017$45,450,779$6,136,644▲ $5,053,756$2,703,706$53,937,473
2016$41,811,793$1,201,945▲ $5,061,026$2,216,802$45,450,779
2015$44,377,971$409,827▼ $1,276,885$1,699,120$41,811,793
2014$41,465,727$1,367,470▲ $3,626,865$2,082,091$44,377,971
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Martin Hal BrinkleyEX: OFFICIO: DEAN AND SECRETARY/TREASURER-$448,248$448,248
Jennifer ClarkAssistant Dean for Finance and Assistant TreasurerPT$135,850$135,850

Board Members and Trustees

NameTitle
M Ann CoxPresident and Chairman
Tracy Schaefer CalderVice President
Deirdre GordonAssistant Secretary
Martin Hal BrinkleyEX: OFFICIO: DEAN AND SECRETARY/TREA
Adam Patrick TarletonMember
Angie Marie XenakisMember
H Chalk Broughton JrMember
Joel Johnson HugheyMember
Lynne Fuller-andrewsMember
Mary Gill CampbellMember
Michael Hannibal GodwinMember
Richard Lee FarleyMember
William Bill Guin ScogginMember
William Joe Austin JrMember
William Joseph Austin JrMember
Revenue and Support

Revenue Composition

Contributions and Grants
$5,572,776
Program Service Revenue
$0
Investment Income
$154,639
Other Revenue
$2,644
All Other Contributions
$5,496,371
Change in Net Assets
$2,223,941

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded17$211,524Fair Market Value
Total Noncash Contributions17$211,524-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,740,519
Revenue Not Reported on Financial Statements
$-10,460
Revenue Not Reported on Form 990
$4,331,959
Other Revenue Adjustments
$-10,460
Total Revenue per Audited Statements
$10,072,478
Total Revenue per Form 990
$5,730,059
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,057,639
Other Expenses$448,479
Total Fundraising Expense$308,545
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,057,639--$3,057,639
Occupancy-$24,267$154,900$179,167
Conferences and Meetings--$110,362$110,362
Fees for Services Other-$101,157-$101,157
Office Expenses--$34,117$34,117
Insurance-$12,146-$12,146
Travel--$9,166$9,166
Other Expenses-$2,364-$2,364
Total Functional Expenses$3,057,639$139,934$308,545$3,506,118

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,347,079
Expenses per Audited Statements$3,506,118
Total Expenses per Form 990$3,506,118
Expenses Not Reported on Form 990$840,961
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of North Carolina at Chapel Hill-501 (c)(3)Support for the Unc Law School.$3,057,639
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,460
Fundraising Gross Income$4,311
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$80,716$4,311$2,519$1,792
Total Events$80,716$4,311$10,459$-6,148
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
No
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 11B

“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 conflict of interest policy and annually sign an attestation letter of their adherence to the policy.”

Form 990, Part VI, Section B, Line 15

“The foundation does not compensate any employees, all are employees of the university of north carolina at chapel hill.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request for the same period of disclosure as set forth in section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Unc Law Foundation Inc
EIN
56-0934173
Phone
9194450187
Address
ATTNJEN CLARK160 RIDGE ROAD CB 3380, CHAPEL HILL, NC 27599-3380

Signing Officer

Name
Martin H Brinkley
Title
Dean and Secretary/treasurer
Phone
9194450187
Signed
2020-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martin H Brinkley
Formed
1969
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Blackman & Sloop Cpas Pa
Address
1414 RALEIGH RD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Robin Mcduffie
Phone
9199428700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Bad debt expense -67,620.”

Part XII Line 2C

“Per the agreement with unc chapel hill, the audit committee receives the report from the independent auditor.”

Financial Statement Notes

PART V, LINE 4:

“The foundation endowment funds consist of approximately 230 individuals funds established for general and educational purposes. Net assets associated with endowment funds are classified and reported based on existence or absence of donor imposed restrictions.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Fundraising expenses netted with fundraising revenue -10,460.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Bad debt expense 67,620. Fundraising expenses netted with fundraising revenue 10,459.”

Raw XML AppendixShowing 400 of 623 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/Form990PartVIISectionAGrp/TitleTxt0MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT AND CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13EX: OFFICIO: DEAN AND SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASSISTANT DEAN FOR FINANCE AND ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASSISTANT SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt076405
IRS990/FundraisingDirectExpensesAmt010460
IRS990/FundraisingGrossIncomeAmt04311
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt03057639
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03057639
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03057639
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05740519
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012146
IRS990/InsuranceGrp/TotalAmt012146
IRS990/InvestmentIncomeGrp/ExclusionAmt0154639
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0154639
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt051164086
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt055438037
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE SUPPORT, FOSTER, AND ENCOURAGE THE STUDY AND TEACHING OF LAW AT THE LAW SCHOOL OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt062247336
IRS990/NetAssetsOrFundBalancesEOYAmt067972735
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-6149
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-6149
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03569078
IRS990/NoncashContributionsAmt0211524
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0154900
IRS990/OccupancyGrp/ManagementAndGeneralAmt024267
IRS990/OccupancyGrp/TotalAmt0179167
IRS990/OfficeExpensesGrp/FundraisingAmt034117
IRS990/OfficeExpensesGrp/TotalAmt034117
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt081799
IRS990/OtherAssetsTotalGrp/EOYAmt072409
IRS990/OtherChangesInNetAssetsAmt0-67620
IRS990/OtherExpensesGrp/Desc0MISC EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02364
IRS990/OtherExpensesGrp/TotalAmt02364
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt08793
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08793
IRS990/OtherRevenueTotalAmt08793
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt025744928
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt027552125
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03570093
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03756284
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARTIN H BRINKLEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07532526
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04159495
IRS990/PYInvestmentIncomeAmt0168349
IRS990/PYOtherExpensesAmt0449906
IRS990/PYOtherRevenueAmt0-6610
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03084864
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04609401
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07694265
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02223941
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07400870
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08674700
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2014 AMOUNT: $ 129,299. 2017 AMOUNT: $ 7,293. 2018 AMOUNT: $ 8,793.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05572776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07532526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03162986
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01596983
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02571869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020437140
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0154639
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt092194
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt024900
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08586
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0545
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0280864
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08793
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07293
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0129299
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0145385
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79640
IRS990ScheduleA/PublicSupportPY170Pct00.84530
IRS990ScheduleA/PublicSupportTotal170Amt016614977
IRS990ScheduleA/SubstantialContributorsTotAmt03822163
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05572776
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07532526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03162986
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01596983
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02571869
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt020437140
IRS990ScheduleA/TotalSupportAmt020863389
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/BoardDesignatedBalanceEOYPct00.02800
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt053937473
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01137608
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt056620021
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03573935
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02028995
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt045450779
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt06136644
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt053937473
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05053756
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt02703706
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0407183
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt041811793
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01201945
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt045450779
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05061026
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt02216802
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt044377971
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0409827
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt041811793
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1276885
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01699120
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt041465727
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01367470
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt044377971
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03626865
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt02082091
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0762882
IRS990ScheduleD/DonatedServicesUseFcltsAmt0762882
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt0840961
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03506118
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03569077
IRS990ScheduleD/OtherExpensesIncludedAmt078079
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-10460
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt055438037
IRS990ScheduleD/OtherSecuritiesGrp/Desc0UNC INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.45800
IRS990ScheduleD/RevenueNotReportedAmt04331959
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-10460
IRS990ScheduleD/RevenueSubtotalAmt05740519
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 230 INDIVIDUALS FUNDS ESTABLISHED FOR GENERAL AND EDUCATIONAL PURPOSES. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE -10,460.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BAD DEBT EXPENSE 67,620. FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE 10,459.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.51400
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt055438037
IRS990ScheduleD/TotalExpensesPerForm990Amt03506118
IRS990ScheduleD/TotalRevenuePerForm990Amt05730059
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010072478
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04347079
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt076405
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt076405
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010459
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt025
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt025
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt080716

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$67,976,386
Liabilities
$3,651
Net assets
$67,972,735
Revenue
$5,730,059
Expenses
$3,506,118
Net income
$2,223,941
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