UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION (EIN 56-1150509)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-04-01
- IRS object ID
- 201610929349300536
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-04-01T16:40:12-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 561304727 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLACKMAN & SLOOP CPAS PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1414 RALEIGH RD SUITE 300 | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27517 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561150509 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF NC AT CHAPEL HILL | BusinessNameLine1Txt |
| Business Name Line2 | ARTS & SCIENCES FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 9199620108 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 EAST FRANKLIN STREET | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27514 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TAMMY MCHALE | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9199620108 | PhoneNum |
| Signature | 2016-04-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBIN MCDUFFIE | PreparerPersonNm |
| PTIN | P00361629 | PTIN |
| Phone | 9199428700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KAREN GIL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 EAST FRANKLIN STREET | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27514 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $41,821,224 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | COLLEGE.UNC.EDU/FOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1975 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THE ARTS AND SCIENCES FOUNDATION, INC. ENHANCES THE COLLEGE OF ARTS AND SCIENCES AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL BY RAISING PRIVATE SUPPORT FOR FACULTY AND STUDENTS IN THE COLLEGE'S SIXTY ACADEMIC DEPARTMENTS, CURRICULA AND PROGRAMS THAT PROMOTE TEACHING, RESEARCH AND PUBLIC SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $14,726,987 | PYContributionsGrantsAmt |
| CY Contributions Grants | $27,606,792 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,678,513 | PYInvestmentIncomeAmt |
| CY Investment Income | $14,015,432 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,304 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $26,406,804 | PYTotalRevenueAmt |
| CY Total Revenue | $41,622,224 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $9,932,748 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,547,844 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,473,768 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,281,294 | PYOtherExpensesAmt |
| CY Other Expenses | $3,712,616 | CYOtherExpensesAmt |
| PY Total Expenses | $13,214,042 | PYTotalExpensesAmt |
| CY Total Expenses | $13,260,460 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,192,762 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $28,361,764 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $222,307,317 | TotalAssetsBOYAmt |
| Total Assets EOY | $256,738,480 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $135,838 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,217,984 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $222,171,479 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $254,520,496 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ARTS AND SCIENCES FOUNDATION, INC. ENHANCES THE COLLEGE OF ARTS AND SCIENCES AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL BY RAISING PRIVATE SUPPORT FOR FACULTY AND STUDENTS IN THE COLLEGE'S SIXTY ACADEMIC DEPARTMENTS, CURRICULA, AND PROGRAMS THAT PROMOTE TEACHING, RESEARCH, AND PUBLIC SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,644,010 | ExpenseAmt |
| Grant | $9,547,844 | GrantAmt |
| Desc | THE ARTS AND SCIENCES FOUNDATION, INC. PROVIDES GRANTS TO THE COLLEGE OF ARTS AND SCIENCES AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOR FACULTY AND STUDENTS THAT INCLUDE, BUT ARE NOT LIMITED TO, MERIT- AND NEED-BASED SCHOLARSHIPS, FELLOWSHIPS, STUDY ABROAD AWARDS FOR STUDENTS, AND PROFESSORSHIPS AND FACULTY EXCELLENCE FUNDS. | Desc |
| Total Program Service Expenses | $9,644,010 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARRY JOHNSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9199620552 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 EAST FRANKLIN STREET | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27514 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| VICKI UNDERWOOOD CRAVER | ||||||||
| CHAIR | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KAREN GIL | ||||||||
| PRESIDENT | 1.50 | Yes (X) | Yes (X) | $0 | $289,786 | $42,624 | 38.50 | |
| JONATHAN HARTLYN | ||||||||
| VICE PRESIDENT | 0.30 | Yes (X) | Yes (X) | $0 | $290,052 | $42,105 | 39.70 | |
| TAMMY J MCHALE | ||||||||
| TREASURER | 4.00 | Yes (X) | Yes (X) | $0 | $218,115 | $32,481 | 36.00 | |
| AMY BARRY | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| R DUKE BUCHAN III | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| SUNNY HARVEY BURROWS | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| COURTNEY MILLER CAVATONI | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| MARK P CLEIN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| G MUNROE COBEY | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| LUKE FICHTHORN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| HANK HAMILTON | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| HEAVENLY JOHNSON | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| M STEVEN LANGMAN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| WENDELL A MCCAIN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| AURELIA STAFFORD MONK | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| EDWIN AVERYT POSTON | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| CATHERINE CRAIG ROLLINS | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| TREADY ARTHUR SMITH | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| KAREN L STEVENSON | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS M UHLMAN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| ELIJAH WHITE JR | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| J SPENCER WHITMAN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| CECIL WILLIAM WOOTEN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT J PARKER JR 102014 | ||||||||
| SECRETARY/EXECUTIVE DIRECTOR | 40.00 | Yes (X) | Yes (X) | $0 | $55,212 | $8,129 | ||
| EILEEN BRUMBACK | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS CALDECOT CHUBB III | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| J HENRY FROELICH III | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| COSBY WILEY GEORGE | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| JOHN C GLOVER | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| MARREE SHORE TOWNSEND | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| R ALEXANDER RANKIN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| DAVID ROUTH | ||||||||
| EX-OFFICIO | 0.30 | Yes (X) | $0 | $0 | $0 | 39.70 | ||
| SHONTEL GRUMHAUS | ||||||||
| SR DIRECTOR OF DEVELOPMENT | 40.00 | $0 | $185,328 | $28,702 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,038,493 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $154,041 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNC MANAGEMENT COMPANY INC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 ENVIRON WAY | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27517 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INVESTMENT MANAGEMENT | ServicesDesc |
| Compensation | $701,417 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $27,606,792 | AllOtherContributionsAmt |
| Noncash Contributions | $3,345,082 | NoncashContributionsAmt |
| Total Contributions | $27,606,792 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,688,725 | TotalRevenueColumnAmt |
| Exclusion | $1,688,725 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,385,596 | SecuritiesAmt |
| Other | $140,111 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $199,000 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,385,596 | SecuritiesAmt |
| Other | -$58,889 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,326,707 | TotalRevenueColumnAmt |
| Exclusion | $12,326,707 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,622,224 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $14,015,432 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,547,844 | TotalAmt |
| Program Services | $9,547,844 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $701,417 | TotalAmt |
| Management And General | $701,417 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,520 | TotalAmt |
| Management And General | $43,605 | ManagementAndGeneralAmt |
| Fundraising | $60,915 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,282 | TotalAmt |
| Management And General | $50,943 | ManagementAndGeneralAmt |
| Fundraising | $183,339 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,915 | TotalAmt |
| Fundraising | $182,915 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,668 | TotalAmt |
| Fundraising | $77,668 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,223 | TotalAmt |
| Management And General | $7,223 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,166 | TotalAmt |
| Program Services | $96,166 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| STAFF-RELATED EXPENSES | $1,943,959 | $276,938 | $1,667,021 |
| FUNDRAISING ASSESSMENT | $301,910 | $301,910 | |
| MISCELLANEOUS | $62,556 | $62,556 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,260,460 | TotalAmt |
| Program Services | $9,644,010 | ProgramServicesAmt |
| Management And General | $1,142,682 | ManagementAndGeneralAmt |
| Fundraising | $2,473,768 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,214,700 | BOYAmt |
| EOY | $27,713,845 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,518,807 | BOYAmt |
| EOY | $20,507,960 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387,043 | BOYAmt |
| EOY | $422,290 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,139,324 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,511,502 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,897,008 | BOYAmt |
| EOY | $4,627,822 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,259,559 | BOYAmt |
| EOY | $201,332,663 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,030,200 | BOYAmt |
| EOY | $2,133,900 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,307,317 | BOYAmt |
| EOY | $256,738,480 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,838 | BOYAmt |
| EOY | $217,984 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,000,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,838 | BOYAmt |
| EOY | $2,217,984 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,887,551 | BOYAmt |
| EOY | $41,002,514 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,482,787 | BOYAmt |
| EOY | $106,627,994 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,801,141 | BOYAmt |
| EOY | $106,889,988 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,171,479 | BOYAmt |
| EOY | $254,520,496 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,307,317 | BOYAmt |
| EOY | $256,738,480 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $28,361,764 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,986,064 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,189 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,669,589 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,872,185 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,825,611 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,726,987 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $27,606,792 | CurrentTaxYearAmt |
| Total | $77,701,164 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $82,675 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $82,675 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $82,675 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $82,675 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $82,675 | CurrentTaxYearAmt |
| Total | $413,375 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,752,264 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,954,860 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,908,286 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,809,662 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $27,689,467 | CurrentTaxYearAmt |
| Total | $78,114,539 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,979,434 | SubstantialContributorsTotAmt |
| Public Support Total170 | $71,135,105 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,870,048 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,864,033 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,904,198 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,696,149 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,688,725 | CurrentTaxYearAmt |
| Total | $9,023,153 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,103 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,813 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,203 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,304 | CurrentTaxYearMinus1YearAmt |
| Total | $38,423 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $87,176,115 | TotalSupportAmt |
| Public Support CY170 | 0.81600 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79740 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $194,610,750 | BeginningYearBalanceAmt |
| Contributions | $5,785,838 | ContributionsAmt |
| Investment Earnings Or Losses | $17,584,601 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,889,820 | OtherExpendituresAmt |
| End Year Balance | $211,091,369 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $169,387,819 | BeginningYearBalanceAmt |
| Contributions | $5,283,622 | ContributionsAmt |
| Investment Earnings Or Losses | $25,983,906 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,044,597 | OtherExpendituresAmt |
| End Year Balance | $194,610,750 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $153,003,293 | BeginningYearBalanceAmt |
| Contributions | $3,549,545 | ContributionsAmt |
| Investment Earnings Or Losses | $18,127,113 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,292,132 | OtherExpendituresAmt |
| End Year Balance | $169,387,819 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $149,537,614 | BeginningYearBalanceAmt |
| Contributions | $5,320,536 | ContributionsAmt |
| Investment Earnings Or Losses | $2,233,892 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,088,749 | OtherExpendituresAmt |
| End Year Balance | $153,003,293 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $122,850,398 | BeginningYearBalanceAmt |
| Contributions | $13,122,781 | ContributionsAmt |
| Investment Earnings Or Losses | $18,734,414 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,169,979 | OtherExpendituresAmt |
| End Year Balance | $149,537,614 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.18390 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.45970 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.35640 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,826,981 | InvestmentCostOrOtherBasisAmt |
| Book Value | $1,826,981 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,750,483 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $949,642 | DepreciationAmt |
| Book Value | $2,800,841 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $561,860 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $561,860 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,627,822 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNCIF INVESTMENT POOL | Desc |
| Book Value | $201,332,663 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $201,332,663 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $46,899,392 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,986,064 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $82,675 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $1,208,429 | OtherRevenueAmt |
| Revenue Not Reported | $5,277,168 | RevenueNotReportedAmt |
| Revenue Subtotal | $41,622,224 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $41,622,224 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,550,375 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $82,675 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $1,207,240 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,289,915 | ExpensesNotReportedAmt |
| Expenses Subtotal | $13,260,460 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $13,260,460 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENTS WERE ESTABLISHED FOR A VARIETY OF PURPOSES, WITH THE MAIN PURPOSE OF PROMOTING AND SUPPORTING THE COLLEGE OF ARTS AND SCIENCES AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. |
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM INCOME TAX AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION REPORTS INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX POSITIONS AS MISCELLANEOUS EXPENSE UNDER MANAGEMENT AND GENERAL EXPENSES. MANAGEMENT EVALUATED TAX POSITIONS FOR ITS TAX RETURNS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS, AND BELIEVES THERE IS NO INCOME TAX AFFECT ON THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | DEVELOPMENT ASSESSMENT FEE RETURNED 905,729. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 302,700. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DEVELOPMENT ASSESSMENT FEE RETURNED 905,729. BAD DEBT EXPENSE 301,511. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | THE FOUNDATION OWNS A LEASEHOLD INTEREST IN A BUILDING OPERATED BY CAROLINA TRUST LTD | TypeOfActivitiesConductedTxt |
| Specific Services Provided | OWNERSHIP OF LEASEHOLD INTEREST | SpecificServicesProvidedTxt |
| Region Total Expenditures | $2,800,840 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $2,800,840 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $2,800,840 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNC COLLEGE OF ARTS & SCIENCES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | AT CHAPEL HILL | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27514 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 566001393 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $9,547,844 | CashGrantAmt |
| Purpose Of Grant | SUPPORT FOR UNC SCHOOL OF ARTS & SCIENCE | PurposeOfGrantTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | OFFICERS AT THE ARTS AND SCIENCES FOUNDATION AND THE RELATED COLLEGE OF ARTS AND SCIENCES ARE IN CHARGE OF APPROVING AND MAINTAINING SUPPORTING DOCUMENTATION OF GRANT REQUESTS AND DISBURSEMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KAREN GIL | ||||||||||||||
| PRESIDENT | $0 | $289,786 | $0 | $0 | $0 | $0 | $0 | $37,247 | $0 | $5,377 | $0 | $332,410 | $0 | $0 |
| JONATHAN HARTLYN | ||||||||||||||
| VICE PRESIDENT | $0 | $290,052 | $0 | $0 | $0 | $0 | $0 | $36,728 | $0 | $5,377 | $0 | $332,157 | $0 | $0 |
| TAMMY J MCHALE | ||||||||||||||
| TREASURER | $0 | $218,115 | $0 | $0 | $0 | $0 | $0 | $27,104 | $0 | $5,377 | $0 | $250,596 | $0 | $0 |
| SHONTEL GRUMHAUS | ||||||||||||||
| SR DIRECTOR OF DEVELOPMENT | $0 | $185,328 | $0 | $0 | $0 | $0 | $0 | $23,325 | $0 | $5,377 | $0 | $214,030 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Miscellaneous SecuritiesMiscellaneousGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 218 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,134,727 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SECURITIES SELLING PRICE | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $199,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,905 | NoncashContributionsRptF990Amt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | CAMERA | 1 | $2,250 | FMV |
| Yes (X) | VIOLINS | 1 | $1,200 | |
| Yes (X) | GOLD PLATED COFFEE SET | 1 | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE TREASURER REVIEWS FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION RELIES ON SELF-REPORTING. ANY CONFLICTS OF INTEREST ARE DISCLOSED AT BI-ANNUAL MEETINGS IN THE FALL AND SPRING. |
| FORM 990, PART VI, SECTION B, LINE 15 | FORM 990, PART VI, SECTION B, LINE 15: FOUNDATION EMPLOYEES ARE CONTRACTED FROM THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. THEIR COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE PAY AND EMPLOYEE BENEFIT PRACTICES OF THE NORTH CAROLINA STATE GOVERNMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 302,700. BAD DEBT EXPENSE -301,511. |
| FORM 990, PART XII, LINE 2C, OVERSIGHT OF THE AUDIT: | THE FOUNDATION'S AUDIT & FINANCE COMMITTEE HAS OVERSIGHT FOR THE AUDIT OF THE FINANCIAL STATEMENTS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF NC COLLEGE OF ARTS & SCIENCES | |||||||||||
| CAMPUS BOX 3100 | CHAPEL HILL | NC | 275993100 | 566001393 | UNIVERSITY | NC | 501(C)(3) | 170(B)(1)(A)(VI) | STATE OF NORTH CAROLINA | 0 | |
| CAROLINA TRUST LIMITED | |||||||||||
| CAMPUS BOX 3100 | CHAPEL HILL | NC | 275993100 | PROMOTING THE EDUCATION OF STUDENTS AND FACULTY OF UNC | 0 | UK | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| UNIVERSITY OF NC COLLEGE OF ARTS & SCIENCES | ||
| B | $9,547,844 | ACTUAL PAYMENTS TO SCHOOL |
| UNIVERSITY OF NC COLLEGE OF ARTS & SCIENCES | ||
| M | $1,027,639 | ACTUAL FEES PAID TO UNIVERSITY |
| UNIVERSITY OF NC COLLEGE OF ARTS & SCIENCES | ||
| N | $82,675 | DONATED FACILITIES FROM UNIVERSIT |
| UNIVERSITY OF NC COLLEGE OF ARTS & SCIENCES | ||
| O | $1,943,959 | SALARY REIMBURSED TO UNIVERSITY |
| UNIVERSITY OF NC COLLEGE OF ARTS & SCIENCES | ||
| C | $2,766,635 | ACTUAL PAYMENTS FROM UNIVERSITY |
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