2026-03-03T11:53:54-06:00 2025-06-30 261678195 BURLESON & EARLEY PA 902 Sand Hill Road Asheville NC 28806 990 2024-07-01 237073829 The University of North Carolina at Asheville Foundation Inc UNIV 8282516716 One University Heights Asheville NC 28804 Mary Hall Treasurer 8282516716 2026-03-03 1 1 Robin G Earley CPA P01220854 8282512846 2026-03-03 2024 2025-03-06 01:10:19Z Mary Hall One University Heights Asheville NC 28804 12199035 0 X www.unca.edu X 1965 NC To secure, manage and distribute private support to enhance the growth and development of the University of North Carolina at Asheville. 17 17 0 0 0 0 3903070 7310868 0 0 2980763 1365641 433453 758201 7317286 9434710 8237463 4615278 0 0 0 0 0 0 465544 3166914 2771243 11404377 7386521 -4087091 2048189 61142434 67155424 4758766 4998912 56383668 62156512 The mission of the UNC Asheville Foundation, Inc. is to secure, manage, and distribute private support to enhance the growth and development of UNC Asheville. 0 0 6640555 4615278 2098600 The Foundation exists to provide support to the University of North Carolina at Asheville, a state owned four year University. In this capacity, the Foundation receives funds that are spent on behalf of the Unversity such as scholarships, faculty grants and awards, purchase of equipment and internal expense for printing, supplies, etc. 6640555 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 63 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X X X Mary Hall 8282325109 One University Heights Asheville NC 28804 X Keith Black Director 1.00 X 0 0 0 Kenya Edwards Director 1.00 X 0 0 0 Cynthia Eller Director 1.00 X 0 0 0 Maryann Jones Director 1.00 X 0 0 0 Frank Moretz Director 1.00 X 0 0 0 Anthony Thomas Director 1.00 X 0 0 0 Al Davis Director 1.00 X 0 0 0 Ellen Carr Director 1.00 X 0 0 0 Mike Tracy Director 1.00 X 0 0 0 Tom Steele Director 1.00 X 0 0 0 Greg Burnette Vice Chair 1.00 X X 0 0 0 Darlene Davis Board Chair 1.00 X X 0 0 0 Patrick Blalock Director 1.00 X 0 0 0 Patrick Foo Director 1.00 X 0 0 0 Michael Raymond Director 1.00 X 0 0 0 Becky Sanft Director 1.00 X 0 0 0 Carter Webb Director 1.00 X 0 0 0 0 0 0 0 0 0 0 ServPro 336 Old Shoals Road Arden NC 28704 Disaster mitigation 284417 David E Looper & Company 320 15th Street SE Hickory NC 28602 Facility Construction 239917 RW Jones Agency 15200 Santa Fe Trail Dr Ste 200 Lenexa KS 662191457 Public Relations Services 220000 The Omni Grove Park Inn 290 Macon Ave Asheville NC 28804 Event Space and Hotel Rental 120643 4 7310868 57200 7310868 336952 336952 269757 169779 99978 99978 99978 3623235 1962806 631740 1660429 -631740 1028689 1028689 25242 0 25242 25242 Flood Insurance Proceeds 531120 500000 500000 Miscellaneous income 900003 132981 132981 632981 9434710 2098600 0 25242 X 4615278 4615278 45544 17209 28335 33550 33550 82500 82500 197259 197259 765048 547761 7812 209475 16810 16810 157804 112852 10 44942 226317 226317 76808 76808 38702 36111 2591 Flood Damage Assessment 287917 287917 Subscriptions 273857 164018 10685 99154 Equipment, noncapitaliz 199391 184831 14560 Supplies 130518 78812 180 51526 239218 193331 45887 7386521 6640555 280422 465544 4168687 6666420 1946787 1904448 1998052 1965655 163354 166018 3200018 1297473 2286795 1902545 5539144 5860112 44027981 47735437 1011634 954789 61142434 67155424 364285 376368 3348342 3304375 1046139 1318169 4758766 4998912 X 2211693 1923680 54171975 60232832 56383668 62156512 61142434 67155424 2048189 3724655 0 X X 0 1 X 1 0 X 6396494 5864851 7365238 4323889 7744001 31694473 6396494 5864851 7365238 4323889 7744001 31694473 3894682 27799791 356343 315266 424809 486287 606709 2189414 26966 17634 216082 65311 132981 458974 34342861 0.80950 0.84280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 82500 82500 0 Part II-B, Line 1: Retained the services of a professional lobbyist to represent the entity with the North Carolina General Assembly and with other agencies and bodies in connection with funding, budgetary considerations, appropriations, state legislative policy and/or other legislative matters affecting the entity. 49156497 1548086 5201104 2732064 2044 53171579 47222052 340852 5375530 3780629 1308 49156497 49113095 773555 143684 2435696 372586 47222052 48749566 1866274 1648733 3149877 1601 49113095 35694425 846520 14226660 2018039 48749566 0.02160 0.52610 0.45230 1 0 719730 719730 1260395 704820 555575 711908 580653 131255 12000 12000 0 495985 495985 1902545 Interest in UNC Investment Fund LLC 47735437 F 47735437 Present Value of Annuities Payable 385755 Construction contracts payable 207306 Operating Lease Liability 446548 Unearned Revenue 267649 Construction Retainage Payable 10911 1318169 X 13696758 3724655 433133 169779 4327567 9369191 197259 -131740 65519 9434710 7504256 433133 169779 602912 6901344 197259 287918 485177 7386521 Part V, Line 4: The income from the investments and trust is expendable for scholarship or general University support, while the principal is permanently restricted. Part X, Line 2: The Foundation believes that it has appropriate support for any tax positions taken and as such, does not have any uncertian tax positions that are material to the financial statements. Part XI, Line 2d - Other Adjustments: Rental property expenses 169,779. Part XI, Line 4b - Other Adjustments: Flood Insurance proceeds 500,000. Impairment of Long-Lived Asset -631,740. Part XII, Line 2d - Other Adjustments: Depreciation on rental properties 169,779. Rounding Part XII, Line 4b - Other Adjustments: Flood Damage Assessment 287,917. Rounding 1. X X X X X X X 1 NC AK CA CO MA MD ME MI MN NH NJ NY OH OR SC WA Special events 25242 25242 25242 25242 25242 0 University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 0 59970 Cost Equipment To provide equipment to the University. University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 580700 0 To provide assistance to the University for Private grants University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 2229982 0 To provide general assistance to the University University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 1744626 0 To provide assistance to university for scholarships X Insect Collection 1 15444 Cost X Apparel 1 11990 Cost X Meals 1 7000 Cost X Space Rental 1 6000 Cost X Books 1 4250 Cost X Misc Supplies 1 3500 Cost X Drinks 1 2736 Cost X Fitness Equipment 1 2401 Cost X Music Speakers 1 2000 Cost X Lithograph 1 800 Cost X Music Books 1 350 cost X Piano 1 300 Cost X Fridge 1 200 Cost X Hotel Stay 1 146 Cost X Tee Signs 1 82 Cost 0 1 0 Form 990, Part VI, Section A, line 1a The Executive Committee shall meet on call by the Chair of the Board and shall have power to act for the Board in the interim between Board meetings and all such actions taken by the Executive Committee shall be reported to the Board at its next regular or special meeting. The Audit Committee shall provide oversight for all aspects of the Foundation's finances, including but not limited to monitoring the performance of the budget, reviewing the actions of the Treasurer and designees, and appointing an external auditor on an annual basis. Form 990, Part VI, Section A, line 3 The Foundation does not currently have employees. All persons providing service to the Foundation are employees of the University of North Carolina at Asheville. The value of these services is recorded as a noncash contribution. Form 990, Part VI, Section B, line 11b Form 990 is provided first to the audit committee for review. The 990 is then provided to the full Board of Directors for their review prior to a scheduled board meeting, at which any required discussions will occur and the form will be approved for filing. Form 990, Part VI, Section B, line 12c The Board of Directors overview potential conflicts of interest during regular board meetings. If conflicts are found to exist, they are resolved by the board at that time. Form 990, Part VI, Section C, line 18 Form 990 is available for public inspection on the Internal Revenue Service website. Form 990, Part VI, Section C, line 19 The entities organizational documents and documentation of exempt status are maintained at the location of the entity. They are open and available to public inspection upon request. Form 990, Part IX, line 11g Other services: Program service expenses 78,386. Management and general expenses 5,111. Fundraising expenses 51,594. Total expenses 135,091. Contract services: Program service expenses 469,375. Management and general expenses 2,701. Fundraising expenses 157,881. Total expenses 629,957. Part XII, Line 2c This process had not changed from prior years. UNC Asheville Baseball Stadium LLC One University Heights Asheville NC 28804 463901116 Expansion of existing baseball stadium of UNC Asheville NC 111987 623122 University of North Carolina at Asheville Foundation Inc UNC Asheville Real Estate LLC One University Heights Asheville NC 28804 464431330 Real estate management and acquisition NC 515 378349 University of North Carolina at Asheville Foundation Inc UNC Asheville Makerspace LLC One University Heights Asheville NC 28804 811589683 Operating lease of commercial building NC 95698 634462 University of North Carolina at Asheville Foundation Inc UNC Asheville Riverside Property LLC One University Heights Asheville NC 28804 820735906 Operating lease of building NC 271873 1388108 University of North Carolina at Asheville Foundation Inc