NC STATE INVESTMENT FUND INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NC STATE INVESTMENT FUND INC (EIN 31-1607634)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2025-12-09
- IRS object ID
- 202513439349300111
- Schema version
- 2024v5.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-12-09T07:23:18-06:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 593204548 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES MOORE & CO PL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5931 NW 1ST PL | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 326072063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311607634 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC STATE INVESTMENT FUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NCST | BusinessNameControlTxt |
| Phone | 9195137149 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU BOX 7207 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 276957207 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANA R HARRIS | PersonNm |
| Person Title | ASST TREASURER | PersonTitleTxt |
| Phone | 9195137149 | PhoneNum |
| Signature | 2025-12-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEN KURDZIEL | PreparerPersonNm |
| PTIN | P00060407 | PTIN |
| Phone | 3523781331 | PhoneNum |
| Preparation | 2025-12-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANA R HARRIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU BOX 7207 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 276957207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,257,204,393 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://INVESTMENTS.OFA.NCSU.EDU/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION SUPPORTS NORTH CAROLINA STATE UNIVERSITY BY OPERATING AN INVESTMENT FUND. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | -$544,584 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $53,113,817 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $192,799,843 | CYProgramServiceRevenueAmt |
| PY Investment Income | $94,695,927 | PYInvestmentIncomeAmt |
| CY Investment Income | $111,533,185 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $147,809,744 | PYTotalRevenueAmt |
| CY Total Revenue | $304,333,028 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $73,600,336 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | 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 | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,867,017 | PYOtherExpensesAmt |
| CY Other Expenses | $95,312,089 | CYOtherExpensesAmt |
| PY Total Expenses | $81,467,353 | PYTotalExpensesAmt |
| CY Total Expenses | $95,312,089 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $66,342,391 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $209,020,939 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,177,135,434 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,510,907,202 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $712,745 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $752,173 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,176,422,689 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,510,155,029 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE ORGANIZATION SUPPORTS NORTH CAROLINA STATE UNIVERSITY BY OPERATING AN INVESTMENT FUND. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $84,876,048 | ExpenseAmt |
| Revenue | $192,799,843 | RevenueAmt |
| Desc | THE ORGANIZATION INVESTS FUNDS OF THE NORTH CAROLINA STATE UNIVERSITY ENDOWMENT FUND AND OTHER UNIVERSITY-RELATED ENTITIES. | Desc |
| Total Program Service Expenses | $84,876,048 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | 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 |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | 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 | 0 | 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 With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | 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 |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | 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 | Yes (1) | 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 |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIN DELEHANTY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9195137149 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU BOX 7207 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 276957207 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| W RANDOLPH WOODSON | |||||||
| CHANCELLOR | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $1,082,490 | $94,414 |
| BRIAN SISCHO | |||||||
| VICE CHANCELLOR | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $894,059 | $56,706 |
| CHARLES MAIMONE | |||||||
| TREASURER | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $426,300 | $112,636 |
| DANA HARRIS | |||||||
| ASSISTANT TREASURER | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $290,290 | $79,282 |
| ERIN DELEHANTY | |||||||
| SECRETARY | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $193,638 | $55,581 |
| FRANK BUCKLESS | |||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $417,933 | $63,062 | |
| DERICK CLOSE | |||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MIKE LAWRENCE | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| HANS WARREN | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTINE HOLMES | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PAULA WOODALL | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ANDREA DUHON | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BILL TRENT | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BLAS ARROYO | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| WES COVELL | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHARLES COLLINS | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH COOLEY | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| NANCY WEBSTER | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,304,710 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $461,681 | 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 SERVICES | ServicesDesc |
| Compensation | $2,894,279 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTICIPANT ADDITIONS | Desc |
| Business | 523000 | BusinessCd |
| Total Revenue Column | $192,799,843 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $192,799,843 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $192,799,843 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,131,865 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$544,584 | UnrelatedBusinessRevenueAmt |
| Exclusion | $30,676,449 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,034,272,685 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $952,871,365 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $81,401,320 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $81,401,320 | TotalRevenueColumnAmt |
| Exclusion | $81,401,320 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $304,333,028 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $192,799,843 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$544,584 | UnrelatedBusinessRevenueAmt |
| Exclusion | $112,077,769 | ExclusionAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,088,664 | TotalAmt |
| Management And General | $2,088,664 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,347,377 | TotalAmt |
| Management And General | $8,347,377 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTICIPANT WITHDRAWALS | Desc |
| Total | $84,876,048 | TotalAmt |
| Program Services | $84,876,048 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,312,089 | TotalAmt |
| Program Services | $84,876,048 | ProgramServicesAmt |
| Management And General | $10,436,041 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,185,235 | BOYAmt |
| EOY | $23,841,456 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $608,721,837 | BOYAmt |
| EOY | $791,475,923 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,512,228,362 | BOYAmt |
| EOY | $1,695,589,823 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,177,135,434 | BOYAmt |
| EOY | $2,510,907,202 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $712,745 | BOYAmt |
| EOY | $752,173 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $712,745 | BOYAmt |
| EOY | $752,173 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,176,422,689 | BOYAmt |
| EOY | $2,510,155,029 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,176,422,689 | BOYAmt |
| EOY | $2,510,155,029 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,177,135,434 | BOYAmt |
| EOY | $2,510,907,202 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $209,020,939 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $124,711,401 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 10 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (10 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| ENDOWMENT FUND OF NC STATE UNIVERSITY | ||||
| 566000756 | 2 | Yes (1) | $0 | $26,139,300 |
| NCSU FOUNDATION INC | ||||
| 566049503 | 5 | Yes (1) | $0 | $26,542,914 |
| NC STATE ENGINEERING FOUNDATION | ||||
| 566046987 | 5 | Yes (1) | $0 | $6,931,975 |
| NORTH CAROLINA AGRICULTURAL FOUNDATION | ||||
| 566049304 | 5 | Yes (1) | $0 | $7,756,046 |
| NORTH CAROLINA VETERINARY MEDICAL | ||||
| 581344473 | 5 | Yes (1) | $0 | $3,781,956 |
| NC STATE ALUMNI ASSOCIATION INC | ||||
| 566035544 | 5 | Yes (1) | $0 | $3,087,180 |
| NC STATE NATURAL RESOURCES FOUNDATION | ||||
| 560653350 | 5 | Yes (1) | $0 | $2,377,540 |
| NCSU COLLEGE OF SCIENCES FOUNDATION | ||||
| 581524289 | 5 | Yes (1) | $0 | $1,641,155 |
| NC STATE UNIVERSITY STUDENT AID ASSOCIATION | ||||
| 560650623 | 5 | Yes (1) | $0 | $2,373,479 |
| NC STATE TEXTILE FOUNDATION INC | ||||
| 566045324 | 5 | Yes (1) | $0 | $4,244,503 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 10 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $84,876,048 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART I, LINE 12G, COLUMN VI: | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT OF OTHER SUPPORT FOR EACH SUPPORTED ORGANIZATION LISTED INCLUDES PARTICIPANT WITHDRAWALS FROM THE FUND EACH FISCAL YEAR BASED ON SPENDING NEEDS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $97,098,336 | F |
| UNC INVESTMENT FUND | $1,410,257,779 | F |
| PRIVATE ASSETS | $134,583,824 | F |
| U.S. AGENCIES | $9,051,916 | F |
| CORPORATE BONDS | $44,597,968 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,695,589,823 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $429,044,429 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $124,711,401 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $124,711,401 | RevenueNotReportedAmt |
| Revenue Subtotal | $304,333,028 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $304,333,028 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $95,312,089 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $95,312,089 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $95,312,089 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FUND IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE FUND IS NOT A PRIVATE FOUNDATION BECAUSE IT IS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE SECTION 509(A)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE NOT SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FUND, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS PRIOR TO 2021. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENT ACTIVITIES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | INVESTMENT ACTIVITIES | SpecificServicesProvidedTxt |
| Region Total Expenditures | $3,765,453 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $3,765,453 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $3,765,453 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
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 (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W RANDOLPH WOODSON | ||||||||||||||
| CHANCELLOR | $0 | $744,021 | $0 | $335,000 | $0 | $3,469 | $0 | $86,319 | $0 | $8,095 | $0 | $1,176,904 | $0 | $0 |
| BRIAN SISCHO | ||||||||||||||
| VICE CHANCELLOR | $0 | $514,193 | $0 | $376,649 | $0 | $3,217 | $0 | $48,611 | $0 | $8,095 | $0 | $950,765 | $0 | $0 |
| CHARLES MAIMONE | ||||||||||||||
| TREASURER | $0 | $426,300 | $0 | $0 | $0 | $0 | $0 | $104,541 | $0 | $8,095 | $0 | $538,936 | $0 | $0 |
| FRANK BUCKLESS | ||||||||||||||
| DIRECTOR | $0 | $391,950 | $0 | $0 | $0 | $25,983 | $0 | $54,967 | $0 | $8,095 | $0 | $480,995 | $0 | $0 |
| DANA HARRIS | ||||||||||||||
| ASSISTANT TREASURER | $0 | $290,290 | $0 | $0 | $0 | $0 | $0 | $71,187 | $0 | $8,095 | $0 | $369,572 | $0 | $0 |
| ERIN DELEHANTY | ||||||||||||||
| SECRETARY | $0 | $193,638 | $0 | $0 | $0 | $0 | $0 | $47,486 | $0 | $8,095 | $0 | $249,219 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE BOARD OF DIRECTORS AND OFFICERS OF NC STATE INVESTMENT FUND, INC. THAT DO RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 115(1) ORGANIZATION RELATED TO NC STATE INVESTMENT FUND, INC. NC STATE UNIVERSITY SETS THE COMPENSATION OF THESE EMPLOYEES BY ACQUIRING COMPARABILITY DATA WHICH IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | SUBJECT TO ARTICLE VIII OF THE BYLAWS, THE INVESTMENT POLICY STATEMENT (DESCRIBED IN ARTICLE VIII, SECTION 1) AND RESOLUTIONS DULY ADOPTED BY THE MEMBERS BOARD AND CONTINUING IN EFFECT, THE INVESTMENT COMMITTEE SHALL HAVE THE AUTHORITY AND RESPONSIBILITY TO DETERMINE, ON BEHALF OF THE FUND, ASSET ALLOCATION POLICIES, ASSET CLASSES AND THEIR RANGES AND INVESTMENT TARGETS WITHIN SUCH RANGES; APPROVE INVESTMENT MANAGER SELECTIONS; MONITOR ADHERENCE TO THE INVESTMENT POLICY STATEMENT AND REPORT ON SUCH ADHERENCE TO THE MEMBERS BOARD; AND RECOMMEND TO THE MEMBERS BOARD CHANGES IN THE INVESTMENT POLICY STATEMENT. THE AUTHORITY OF THE INVESTMENT COMMITTEE IS DERIVED FROM AND IS NO BROADER THAN THE AUTHORITY EXPRESSLY DELEGATED THERETO BY THESE BYLAWS AND THE MEMBERS BOARD. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION UPDATED ITS BYLAWS AS OF 10-31-2024 TO CHANGE THE TERMINOLOGY USED FOR ITS GOVERNING BODY AND ITS MEMBERS. SPECIFICALLY, ALL REFERENCES TO THE "BOARD OF DIRECTORS" WERE CHANGED TO "INVESTMENT COMMITTEE, AND ALL REFERENCES TO "DIRECTOR" WERE CHANGED TO "COMMITTEE MEMBER." |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS BOARD SHALL COMPRISE THE FOLLOWING (AND EACH INDIVIDUAL APPOINTED TO OR SERVING IN AN EX OFFICIO CAPACITY ON THE MEMBERS BOARD SHALL HEREIN BE REFERRED TO AS A "MEMBER"): A. EX OFFICIO MEMBERS (EACH, AN "EX OFFICIO MEMBER"): - FIVE (5) INDIVIDUALS HOLDING THE FOLLOWING OFFICES AT NORTH CAROLINA STATE UNIVERSITY (THE "UNIVERSITY"): CHANCELLOR, VICE CHANCELLOR FOR FINANCE AND ADMINISTRATION, VICE CHANCELLOR FOR UNIVERSITY ADVANCEMENT, ASSISTANT TREASURER, AND SECRETARY, OR SUCH OTHERTITLE HEREAFTER GIVEN BY THE UNIVERSITY TO THE OFFICE CONSTITUTING SUBSTANTIALLY THE SAME DUTIES AND RESPONSIBILITIES, RESPECTIVELY (COLLECTIVELY, THE "UNIVERSITY MEMBERS"); - TWO (2) INDIVIDUALS ELECTED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY FROM THE MEMBERSHIP OF THE BOARD OF TRUSTEES OF THE ENDOWMENT FUND OF THE UNIVERSITY (TOGETHER, THE "ENDOWMENT BOARD MEMBERS"); - ONE (1) INDIVIDUAL ELECTED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY FROM THE MEMBERSHIP OF THE BOARD OF TRUSTEES OF THE UNIVERSITY (THE "BOARD OF TRUSTEES MEMBER"); AND - TWO (2) INDIVIDUALS APPOINTED BY THE CHANCELLOR OF THE UNIVERSITY AT HIS/HER DISCRETION (TOGETHER, THE "CHANCELLOR MEMBERS"). B. EACH ASSOCIATED ENTITY OF THE UNIVERSITY THAT PARTICIPATES IN THE NC STATE INVESTMENT FUND, INC. (THE "FUND") VIA EXECUTION OF A PARTICIPANT AGREEMENT IN FORM SATISFACTORY TO THE CORPORATION (A "PARTICIPANT") SHALL APPOINT A REPRESENTATIVE TO SERVE ON THE MEMBERS BOARD (EACH, A "PARTICIPANT MEMBER"). |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT FORM 990 IS DISTRIBUTED TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD REQUIRES EACH BOARD MEMBER, OFFICER AND AGENTS ACTING ON BEHALF OF THE INVESTMENT FUND (1) TO REVIEW THE FUND'S BYLAWS AND POLICIES INCLUDING THE POLICY WITH REGARD TO CONFLICT OF INTEREST; (2) TO DISCLOSE ON AN ONGOING BASIS THROUGHOUT THEIR TENURE ANY POSSIBLE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING THE FUND; AND (3) TO ACKNOWLEDGE BY THEIR SIGNATURE THAT THEY ARE IN FULL ACCORD AND WILL ABIDE BY BOTH THE LETTER AND SPIRIT OF THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS AND OFFICERS OF NC STATE INVESTMENT FUND, INC. THAT DO RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 115(1) ORGANIZATION RELATED TO NC STATE INVESTMENT FUND, INC. NC STATE UNIVERSITY SETS THE COMPENSATION OF THESE EMPLOYEES BY ACQUIRING COMPARABILITY DATA WHICH IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE FORM 990 IS AVAILABLE ON THE WEBSITE: HTTPS://INVESTMENTS.OFA.NCSU.EDU/FUNDS-OVERVIEW/LONG-TERM-INVESTMENT-POOL/. THE FORM 1023 (WHICH WAS FILED PRIOR TO JULY 15,1987) IS NOT PUBLICLY AVAILABLE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE: HTTPS://INVESTMENTS.OFA.NCSU.EDU/FUNDS-OVERVIEW/LONG-TERM-INVESTMENT-POOL/. OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| NC STATE ENGINEERING FOUNDATION | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | SUPPORT THE COLLEGE OF ENGINEERING AT NCSU | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| NC STATE NATURAL RESOURCES FOUNDATION INC | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | SUPPORTS THE COLLEGE OF NATURAL RESOURCES AT NCSU | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| NC STATE UNVERSITY ALUMNI ASSOCIATION | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | PROMOTES ALUMNI AFFAIRS & AWARENESS OF NCSU IN THE COMMUNITY | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| NC STATE UNVERSITY COLLEGE OF SCIENCES FOUNDATION INC | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | SUPPORT THE COLLEGE OF SCIENCES AT NCSU | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| NC STATE UNVERSITY PARTNERSHIP CORPORATION | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | SUPPORT ORGANIZATION OF NCSU | NC | 501(C)(3) | LINE 12A, I | N/A | 0 |
| NC STATE UNVERSITY STUDENT AID ASSOCIATION | |||||||||
| NCSU BOX 37100 | RALEIGH | NC | 27627 | SUPPORTS ATHLETIC PROGRAMS AT NCSU | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| NORTH CAROLINA STATE UNIVERSITY | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | EDUCATION | NC | 115(1) | N/A | N/A | 0 |
| NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | SUPPORTS THE VARIOUS COLLEGES WITHIN THE UNIVERSITY | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| NORTH CAROLINA TEXTILE FOUNDATION | |||||||||
| NCSU BOX 8301 | RALEIGH | NC | 27695 | AIDS EDUCATION & RESEARCH IN THE COLLEGE OF TEXTILES OF NCSU | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| NORTH CAROLINA VETERINARY MEDICAL FOUNDATION | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | PROVIDES FINANCIAL SUPPORT IN THE FIELD OF VETERINARY MEDICINE AT NCSU | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| THE NORTH CAROLINA AGRICULTURAL FOUNDATION | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | SUPPORTS THE COLLEGE OF AGRICULTURE AND LIFE SCIENCES AT NCSU | NC | 501(C)(3) | LINE 5 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | 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 | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| ENDOWMENT FUND OF NC STATE UNIVERSITY | ||
| S | $23,906,952 | FMV |
| ENDOWMENT FUND OF NC STATE UNIVERSITY | ||
| R | $26,139,300 | FMV |
Comments