2022-05-06T14:09:31-05:00 2021-06-30 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 510 CHARLOTTE NC 282034489 990 2020-07-01 562180508 THE UNIVERSITY OF NORTH CAROLINA FOUNDATION INC UNIV 9199624243 PO BOX 2688 CHAPEL HILL NC 275152688 JENNIFER HAYGOOD DIRECTOR 9199623992 2022-05-04 true JENNIFER HAYGOOD 999009999 MEGAN RUSHFORD CPA P01317611 7044993893 2022-05-06 2020 2022-09-23 18:48:47Z JENNIFER HAYGOOD PO BOX 2688 CHAPEL HILL NC 275152688 2591553 false X X 1999 NC SUPPORT THE MISSION OF THE 17-CAMPUS UNIVERSITY OF NORTH CAROLINA SYSTEM. 10 10 0 0 12394 2460029 0 2669 129262 2262 15063 2591553 10000 182692 0 0 0 0 63697 529110 73697 711802 -58634 1879751 4839857 9403611 4410586 3850980 429271 5552631 X A. TO AID, SUPPORT, AND PROMOTE TEACHING, RESEARCH, AND SERVICE IN THE VARIOUS EDUCATIONAL, SCIENTIFIC, SCHOLARLY, PROFESSIONAL, ARTISTIC, AND CREATIVE ENDEAVORS OF THE UNIVERSITY OF NORTH CAROLINA THROUGH MEANS SUCH AS THE ENHANCEMENT OF THE QUALITY OF SUPPORTING STAFF, SERVICES AND FACILITIES OF THE UNIVESITY; THE SUPPORT OF RESEARH, SCHOLARLY, ARTISTIC, AND CREATIVE WORK OF THE UNIVERSITY; AND THE SUPPORT OF PUBLIC SERVICE ACTIVITIES OF THE UNIVERSITY. B. TO SOLICIT, ACQUIRE, RECEIVE, HOLD, INVEST, REINVEST, SELL, TRANSFER, EXCHANGE, ADMINISTER, AND MANAGE PROPERTY OF ALL KIND FOR THE BENEFIT OF THE UNIVERSITY OF NORTH CAROLINA. C. TO DO ANY AND ALL ACTS AND THINGS THAT MAY BE DEEMED DESIRABLE OR EXPEDIENT FOR THE BENEFIT OF THE UNIVERSITY OF NORTH CAROLINA, ITS PROGRAMS, AND ITS FACULTY, STAFF AND STUDENTS. false false 607115 182692 RAISE AND INVEST MONIES FOR THE BENEFIT OF THE UNIVERSITY SYSTEM AND CONDUCT OR CONTRACT FOR RESEARCH ON WAYS FOR THE UNIVERSITY SYSTEM TO BETTER SERVE THE STATE'S CITIZENS. 607115 true true false false false true false false false false false false false false true false true false false false false false false false false false false true false true false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true false false false NC X QUITA LOFLIN 9199624243 PO BOX 2688 CHAPEL HILL NC 275152688 KIM VAN NOORT DIRECTOR 1.00 X 0 337442 7160 ANDREW P KELLY DIRECTOR 1.00 X 0 275010 6761 PETER HANS DIRECTOR 1.00 X 0 166290 2776 JENNIFER HAYGOOD DIRECTOR 1.00 X 0 116419 2901 NORMA HOUSTON DIRECTOR 1.00 X 0 112986 3118 SCOTT BART GOODSON DIRECTOR 1.00 X 0 0 0 JAMES L HOLMES JR EX OFFICIO D X 0 0 0 DAVID M POWERS EX OFFICIO D X 0 0 0 RANDALL C RAMSEY CHAIRMAN 1.00 X X 0 0 0 ANDREW T TRIPP DIRECTOR 1.00 X 0 0 0 1008147 22716 false true false 2460029 2460029 129262 129262 OTHER SUPPORTING REVENUE 2250 2250 PCARD REBATE 12 12 2262 2591553 2262 129262 182692 182692 7497 7497 11260 11260 23472 23472 10006 10006 SPLIT-INT AGREEMENT PAYME 424423 424423 INVESTMENT EXPENSES 41687 41687 EMPLOYEE ON LOAN PAYMENTS 10765 10765 711802 607115 104687 0 589391 2358544 832 4250466 7044235 4839857 9403611 33373 1424 4377213 3849556 4410586 3850980 X 108625 2186258 320646 3366373 429271 5552631 4839857 9403611 X 1879751 1241694 2001915 X false true X true false X X 1 UNC 17 CAMPUS SYSTEM 566172047 6 true 182692 0 1 182692 0 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 460029 7103361 false false ANNUITIES & LIFE INCOME PAYABLE- LLC 3849544 UNEARNED INTEREST 12 3849556 5835162 1241694 2001915 3243609 2591553 2591553 711802 711802 711802 SCHEDULE D, PAGE 4, PART XI, LINE 2D GASB 84 FIDUCIARY IMPLEMENTATION 2,001,915 SCHEDULE D, PAGE 4, PART XIII FOR THE FISCAL YEAR ENDED JUNE 30, 2021, THE FOUNDATION IMPLEMENTED THE FOLLOWING PRONOUNCEMENTS ISSUED BY THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB): GASB STATEMENT NO. 84, FIDUCIARY ACTIVITIES GASB STATEMENT NO. 97, CERTAIN COMPONENT UNIT CRITERIA, AND ACCOUNTING AND FINANCIAL REPORTING FOR INTERNAL REVENUE CODE SECTION 457 DEFERRED COMPENSATION PLANS GASB STATEMENT NO. 84 IMPROVES GUIDANCE REGARDING THE IDENTIFICATION OF FIDUCIARY ACTIVITIES FOR ACCOUNTING AND FINANCIAL REPORTING PURPOSES AND HOW THOSE ACTIVITIES SHOULD BE REPORTED. THIS STATEMENT ESTABLISHES CRITERIA FOR IDENTIFYING FIDUCIARY ACTIVITIES OF ALL STATE AND LOCAL GOVERNMENTS. THE FOCUS OF THE CRITERIA GENERALLY IS ON (1) WHETHER A GOVERNMENT IS CONTROLLING THE ASSETS OF THE FIDUCIARY ACTIVITY, AND (2) THE BENEFICIARIES WITH WHOM A FIDUCIARY RELATIONSHIP EXISTS. SEPARATE CRITERIA ARE INCLUDED TO IDENTIFY FIDUCIARY COMPONENT UNITS AND POSTEMPLOYMENT BENEFIT ARRANGEMENTS THAT ARE FIDUCIARY ACTIVITIES. GOVERNMENTS WITH ACTIVITIES MEETING THE CRITERIA SHOULD PRESENT A STATEMENT OF FIDUCIARY NET POSITION AND A STATEMENT OF CHANGES IN FIDUCIARY NET POSITION. AN EXCEPTION TO THAT REQUIREMENT IS PROVIDED FOR A BUSINESS-TYPE ACTIVITY THAT NORMALLY EXPECTS TO HOLD CUSTODIAL ASSETS FOR 90-DAYS OR LESS.GASB STATEMENT NO. 97S PRIMARY OBJECTIVES ARE TO (1) INCREASE CONSISTENCY AND COMPARABILITY RELATED TO THE REPORTING OF FIDUCIARY COMPONENT UNITS IN CIRCUMSTANCES IN WHICH A POTENTIAL COMPONENT UNIT DOES NOT HAVE A GOVERNING BOARD AND THE PRIMARY GOVERNMENT PERFORMS THE DUTIES THAT A GOVERNING BOARD TYPICALLY WOULD PERFORM; (2) MITIGATE COSTS ASSOCIATED WITH THE REPORTING OF CERTAIN DEFINED CONTRIBUTION PENSION PLANS, DEFINED CONTRIBUTION OTHER POSTEMPLOYMENT BENEFIT (OPEB) PLANS, AND EMPLOYEE BENEFIT PLANS OTHER THAN PENSION PLANS OR OPEB PLANS (OTHER EMPLOYEE BENEFIT PLANS)AS FIDUCIARY COMPONENT UNITS IN FIDUCIARY FUND FINANCIAL STATEMENTS; AND (3) ENHANCE THE RELEVANCE, CONSISTENCY, AND COMPARABILITY OF THE ACCOUNTING AND FINANCIAL REPORTING FOR INTERNAL REVENUE CODE (IRC) SECTION 457 DEFERRED COMPENSATION PLANS (SECTION 457 PLANS) THAT MEET THE DEFINITION OF A PENSION PLAN AND FOR BENEFITS PROVIDED THROUGH THOSE PLANS. false UNIVERSITY OF NORTH CAROLINA 17 CAMPUS SYSTEM 910 RALEIGH ROAD CHAPEL HILL NC 27514 CHAPEL HILL NC 27514 566172047 GOV 182692 FUNDING FOR STUDENT 1 SCHEDULE I, PAGE 4, PART IV FUNDING FOR STUDENT SUCCESS INNOVATION LAB. false false false false false false false false false KIM VAN NOORT DIRECTOR 336152 1290 7160 344602 ANDREW P KELLY DIRECTOR 275010 6761 281771 PETER HANS DIRECTOR 166290 2776 169066 FORM 990 - ORGANIZATION'S MISSION A. TO AID, SUPPORT, AND PROMOTE TEACHING, RESEARCH, AND SERVICE IN THE VARIOUS EDUCATIONAL, SCIENTIFIC, SCHOLARLY, PROFESSIONAL, ARTISTIC, AND CREATIVE ENDEAVORS OF THE UNIVERSITY OF NORTH CAROLINA THROUGH MEANS SUCH AS THE ENHANCEMENT OF THE QUALITY OF SUPPORTING STAFF, SERVICES AND FACILITIES OF THE UNIVESITY; THE SUPPORT OF RESEARH, SCHOLARLY, ARTISTIC, AND CREATIVE WORK OF THE UNIVERSITY; AND THE SUPPORT OF PUBLIC SERVICE ACTIVITIES OF THE UNIVERSITY. B. TO SOLICIT, ACQUIRE, RECEIVE, HOLD, INVEST, REINVEST, SELL, TRANSFER, EXCHANGE, ADMINISTER, AND MANAGE PROPERTY OF ALL KIND FOR THE BENEFIT OF THE UNIVERSITY OF NORTH CAROLINA. C. TO DO ANY AND ALL ACTS AND THINGS THAT MAY BE DEEMED DESIRABLE OR EXPEDIENT FOR THE BENEFIT OF THE UNIVERSITY OF NORTH CAROLINA, ITS PROGRAMS, AND ITS FACULTY, STAFF AND STUDENTS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C UNC FOUNDATION ESTABLISHES AND MAINTAINS CONFLICT OF INTEREST POLICIES PERTAINING TO ITS RELATIONSHIP WITH UNC, MEMBERS OF THE GOVERNING BOARD AND PERSONS DOING BUINESS WITH UNC FOUNDATION. FORM 990, PAGE 6, PART VI, LINE 19 ORGANIZATION DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 GASB 84 FIDUCIARY IMPLEMENTATION 2,001,915 NC GIFT PLANNING LLC PO BOX 2688 CHAPEL HILL NC 27515 FUNDRAISIN NC 588874 7215917 UNC FDN THE UNIVERSITY OF NORTH CAROLINA 910 RALEIGH ROAD CHAPEL HILL NC 27514 566172047 EDUCATION NC 115 6 N/A false false true false false false false false false false false false false false false true false false false false UNIVERSITY OF NORTH CAROLINA 17 CAMPUS SYSTEM B 182692 COST SCHEDULE R THE UNIVERISTY OF NORTH CAROLINA FOUNDATION, INC. IS A DIRECT CONTROLLING ENTITY OF NC GIFT PLANNING, LLC.