2026-05-13T10:34:00-05:00 2025-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2024-07-01 472298734 QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT QUEE 7049734500 220 N TRYON ST CHARLOTTE NC 28202 NATALIE WOLF VP, DIRECTOR OF INVESTMENTS 7049734500 2026-05-12 1 1 MELANIE MCPEAK P01346034 7043771678 2024 2025-03-06 01:10:19Z NATALIE WOLF 220 N TRYON ST CHARLOTTE NC 28202 1144299 0 X N/A X 2014 NC THE ENDOWMENT WILL PERFORM THE ENDOWMENT FUNCTIONS AND CARRY OUT THE PURPOSES OF QUEENS UNIVERSITY OF CHARLOTTE AND FOUNDATION FOR THE CAROLINAS WITH RESPECT TO THE QUEENS UNIVERSITY OF CHARLOTTE. 10 10 0 10 -116284 0 2496550 1260583 0 0 -128079 -116284 0 0 2368471 1144299 8239512 18730563 0 0 0 0 0 0 50417 680025 719219 8919537 19449782 -6551066 -18305483 166265915 169408099 0 57020 166265915 169351079 THE ENDOWMENT WILL PERFORM THE ENDOWMENT FUNCTIONS AND CARRY OUT THE PURPOSES OF QUEENS UNIVERSITY OF CHARLOTTE AND FOUNDATION FOR THE CAROLINAS WITH RESPECT TO THE QUEENS UNIVERSITY OF CHARLOTTE. 0 0 19058814 18730563 DISTRIBUTE GRANTS TO SUPPORT QUEENS UNIVERSITY SCHOLARSHIP PROGRAM. 19058814 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NC X ELIZABETH STERLING 7049734500 220 NORTH TRYON ST CHARLOTTE NC 28202 L WATTS HAMRICK III CHAIR 0.50 0.00 X X 0 0 0 DONNA DEAN DIRECTOR 0.50 0.00 X 0 0 0 ROB ENGEL DIRECTOR 0.50 0.00 X 0 0 0 SAAD EHTISHAM DIRECTOR 0.50 0.00 X 0 0 0 HOOPER HARDISON DIRECTOR 0.50 0.00 X 0 0 0 ERIC MCCARTHY CFA DIRECTOR 0.50 0.00 X 0 0 0 SUSAN MCCONNELL DIRECTOR 0.50 0.00 X 0 0 0 MANUEL REY DIRECTOR 0.50 0.00 X 0 0 0 MARCIA TILLOTSON DIRECTOR 0.50 0.00 X 0 0 0 MARGI VAGELL DIRECTOR 0.50 0.00 X 0 0 0 DANIEL LUGO PRESIDENT (THRU 6/30/25) 0.50 60.00 X 0 613840 135640 ALYSSA FEDERICO SENIOR VP, FINANCE 0.50 50.00 X 0 228615 45920 MATTHEW A PACKEY ASST SECRETARY 0.50 40.00 X 0 287647 28240 0 1130102 209800 0 0 1 0 FOUNDATION FOR THE CAROLINAS 220 N TRYON STREET CHARLOTTE NC 28202 ADMINISTRATION 498199 1 1260583 1260583 -116284 -116284 1144299 0 -116284 0 18730563 18730563 203708 92972 96456 14280 515511 235279 244095 36137 19449782 19058814 340551 50417 166265915 169408099 166265915 169408099 0 57020 0 57020 X 166265915 169351079 166265915 169351079 166265915 169408099 -18305483 21390647 0 X 0 1 X 0 0 X X X 2 QUEENS UNIVERSITY OF CHARLOTTE 560530003 2 1 18730563 0 FOUNDATION FOR THE CAROLINAS 566047886 7 1 0 0 2 18730563 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 166265915 1260583 21070655 18730563 515511 169351079 154502680 2496550 17987282 8239512 481085 166265915 153989404 3466168 10794483 13263486 483889 154502680 185539015 1592210 -20159746 12422001 560074 153989404 140098942 1157789 47573430 2826772 464374 185539015 0.61650 0.38350 0.00000 0 0 0 DIVERSIFIED LONG-TERM GROWTH 3619827 F ACTIVE LONG-TERM GROWTH 1637040 F QUEENS ENDOWMENT POOL 161561068 F CUSTOM POOL 2590164 F 169408099 X PART V, LINE 4: SPENDABLE INCOME FROM ENDOWED FUNDS IS USED ANNUALLY TO PROVIDE SUPPORT TO QUEENS UNIVERSITY. INCOME CAN BE DESIGNATED FOR SPECIFIC PROGRAMS OR PROJECTS, OR CAN BE USED FOR GENERAL SUPPORT. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE FOUNDATION AND ITS SUPPORTING ORGANIZATIONS ARE EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE IRC. IN ACCORDANCE WITH IRC REGULATIONS, THE FOUNDATION IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE FOUNDATION. THE FOUNDATION ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE FOUNDATION BELIEVES THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS EVALUATED ALL ITS TAX POSITIONS AND DETERMINED IT HAD NO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2024 OR 2023. 1 QUEENS UNIVERSITY OF CHARLOTTE 19000 SELWYN AVENUE CHARLOTTE NC 28274 560530003 501(C)(3) 18730563 0 CHARITABLE GIFT 1 0 PART I, LINE 2: GRANTS ARE MADE TO ITS SUPPORTED ORGANIZATION, QUEENS UNIVERSITY OF CHARLOTTE. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF FUNDS. 0 0 0 0 0 0 0 0 0 DANIEL LUGO PRESIDENT (THRU 6/30/25) 0 585334 0 0 0 28506 0 17250 0 118390 0 749480 0 0 MATTHEW A PACKEY ASST SECRETARY 0 285493 0 0 0 2154 0 14500 0 13740 0 315887 0 0 ALYSSA FEDERICO SENIOR VP, FINANCE 0 227580 0 0 0 1035 0 41004 0 4916 0 274535 0 0 FORM 990, PART VI, SECTION A, LINE 7A QUCE BOARD MEMBERS ARE APPOINTED BY ITS SUPPORTED ORGANIZATIONS. THE BOARD INCLUDES ONE COMMUNITY DIRECTOR APPOINTED BY FOUNDATION FOR THE CAROLINAS, AND NO LESS THAN TWO AND NO MORE THAN ELEVEN APPOINTED BY QUEENS UNIVERSITY OF CHARLOTTE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FINAL FORM 990 WAS DISTRIBUTED TO EACH VOTING MEMBER OF THE BOARD PRIOR TO FILING. THE RETURN WAS AVAILABLE FOR DISCUSSION AT THE BOARD MEETING CLOSEST TO THE FILING DATE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALLY COMPLETE A CONFLICT OF INTEREST FORM IN COMPLIANCE WITH THE QUEENS UNIVERSITY OF CHARLOTTE'S (SUPPORTED ORGANIZATION) ETHICS POLICY. STAFF COLLECTS AND MAINTAINS THE FORMS ANNUALLY AND MONITORS THE PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE ENDOWMENT DOES NOT HAVE ANY EMPLOYEES AND THEREFORE DOES NOT HAVE A FORMAL POLICY FOR DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ENDOWMENT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. QUEENS UNIVERSITY OF CHARLOTTE 1900 SELWYN AVENUE CHARLOTTE NC 28274 560530003 EDUCATION NC 501(C)(3) LINE 2 N/A 0 FOUNDATION FOR THE CAROLINAS 220 NORTH TRYON STREET CHARLOTTE NC 28202 566047886 GRANTMAKING NC 501(C)(3) LINE 7 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0