Nonprofit · EIN 56-1150509
UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION
Also known as AKA FFN 58760149
Tax-exempt · CHAPEL HILL, NC 27514
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $28,147,593 | $29,165,669 | -$1,018,076 | $631,036,374 | $1,509,651 | $629,526,723 |
| June 30, 2024 | 990 | $27,382,638 | $24,073,461 | $3,309,177 | $578,177,700 | $1,678,318 | $576,499,382 |
| June 30, 2023 | 990 | $33,883,776 | $23,022,534 | $10,861,242 | $523,242,073 | $1,859,830 | $521,382,243 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $27,261,034
- Program service revenue
- $0
- Investment income
- $886,559
- Net gain from sales of assets
- $85,164
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $27,943,414
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $110,389
- Travel
- $150,827
- Depreciation
- $208,084
- Program services (functional)
- $28,039,580
- Management and general (functional)
- $299,111
- Fundraising (functional)
- $826,978
Balance sheet and other
- Total assets, start of year
- $578,177,700
- Total assets, end of year
- $631,036,374
- Total liabilities, end of year
- $1,509,651
- Net assets, end of year
- $629,526,723
- Land, buildings and equipment
- $5,236,794
- Net assets without donor restrictions
- $112,842,148
- Net assets with donor restrictions
- $516,684,575
- Gross receipts
- $30,106,429
- Employees
- 0
- Volunteers
- 31
- Year formed
- 1975
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE H C COLLINS | EXECUTIVE DIRECTOR & SECRE Trustee or director, Officer | 40 | $0 |
| JIM WHITE | PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| ASHLEY E REID | CHAIR Trustee or director, Officer | 0.3 | $0 |
| ALEXANDER D MCLEAN | VICE CHAIR Trustee or director, Officer | 0.3 | $0 |
| JACOB BACHARACH | TREASURER Trustee or director, Officer | 0.3 | $0 |
| DOUGLAS B BIGGS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| VIRGINIA CARDENAS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| THOMAS CALDECOT CHUBB III | BOARD MEMBER Trustee or director | 0.3 | $0 |
| TOURE S CLAIBORNE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DOROTHEA J CLARK | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ROSE CRAWFORD | BOARD MEMBER Trustee or director | 0.3 | $0 |
| EVE SMITH DAVIS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LOUISE TOWNSEND DUCKETT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ROBERT L EDWARDS JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ELIZABETH ENGLEHARDT | BOARD MEMBER Trustee or director | 0.3 | $0 |
22 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW M GUEST | BOARD MEMBER Trustee or director | 0.3 | $0 |
| RITA R HANES | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LISA GODDARD HUFFINES | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LORRIE DAVIS HUSCHLE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DANIEL J KELLY | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DAVID M KNOTT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LEE L LOUGHRAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| CHARLES H MERCER JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MOLLY GWYN MONK | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PAMELA D PARKER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BLAKE L PIKE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOHN T POWELL | BOARD MEMBER Trustee or director | 0.3 | $0 |
| WILLIAM M RAGLAND JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JENNIFER SAUL RICH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| GRACE M SCHOTT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BIMAL R SHAH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JASON K SHROFF | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JAMES LEE SIGMAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| KENNETH G SMITH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| STERLING A SPAINHOUR JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| THOMAS E STORY III | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JAMES LEON TANNER | BOARD MEMBER Trustee or director | 0.3 | $0 |
990 for the year ended June 30, 2024: 37 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE H C COLLINS | EXECUTIVE DIRECTOR & SECRE Trustee or director, Officer | 40 | $0 |
| JIM WHITE | PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| ELIZABETH ENGLEHARDT | VICE PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| ELIZABETH BAKANIC | TREASURER Trustee or director, Officer | 0.3 | $0 |
| THOMAS CALDECOT CHUBB III | CHAIR Trustee or director, Officer | 0.3 | $0 |
| ASHLEY E REID | VICE CHAIR Trustee or director, Officer | 0.3 | $0 |
| WILLIAM T HOBBS II | PAST CHAIR Trustee or director | 0.3 | $0 |
| DOUGLAS B BIGGS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| TOURE S CLAIBORNE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DOROTHEA J CLARK | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ROSE CRAWFORD | BOARD MEMBER Trustee or director | 0.3 | $0 |
| EVE SMITH DAVIS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOSEPH W DORN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LOUISE TOWNSEND DUCKETT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ROBERT L EDWARDS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| RITA R HANES | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LISA GODDARD HUFFINES | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LORRIE DAVIS HUSCHLE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DANIEL J KELLY | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DAVID M KNOTT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LEON O LIVINGSTON | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ALEXANDER D MCLEAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MOLLY GWYN MONK | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PAMELA D PARKER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BLAKE L PIKE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOHN T POWELL | BOARD MEMBER Trustee or director | 0.3 | $0 |
| WILLIAM M RAGLAND JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JENNIFER SAUL RICH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| GRACE M SCHOTT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BIMAL R SHAH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JASON K SHROFF | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JAMES LEE SIGMAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| KENNETH G SMITH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| STERLING A SPAINHOUR JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| THOMAS E STORY III | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JAMES LEON TANNER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ALEXANDER N YONG | BOARD MEMBER Trustee or director | 0.3 | $0 |
990 for the year ended June 30, 2023: 38 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL ANDREASEN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DOUGLAS B BIGGS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| TOURE S CLAIBORNE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DOROTHEA J CLARK | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ROSE CRAWFORD | BOARD MEMBER Trustee or director | 0.3 | $0 |
| WILLIAM R CUMPSTON | BOARD MEMBER Trustee or director | 0.3 | $0 |
| EVE SMITH DAVIS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOSEPH W DORN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ROBERT L EDWARDS JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| RITA R HANES | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LISA GODDARD HUFFINES | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LORRIE DAVIS HUSCHLE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DANIEL J KELLY | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DAVID M KNOTT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LEON O LIVINGSTON | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ALEXANDER D MCLEAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MOLLY GWYN MONK | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOHN T MOORE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PAMELA D PARKER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BLAKE L PIKE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOHN T POWELL | BOARD MEMBER Trustee or director | 0.3 | $0 |
| WILLIAM M RAGLAND JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JENNIFER SAUL RICH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| GRACE M SCHOTT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JASON K SHROFF | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JAMES LEE SIGMAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| KENNETH G SMITH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| STERLING A SPAINHOUR JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| THOMAS E STORY III | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JAMES LEON TANNER JR | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ALEXANDER N YONG | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ANNE H C COLLINS | EXECUTIVE DIRECTOR & SECRE Trustee or director, Officer | 40 | $0 |
| JIM WHITE | PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| ELIZABETH ENGLEHARDT | VICE PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| ELIZABETH BAKANIC | TREASURER Trustee or director, Officer | 0.3 | $0 |
| THOMAS CALDECOT CHUBB III | CHAIR Trustee or director, Officer | 0.3 | $0 |
| ASHLEY E REID | VICE CHAIR Trustee or director, Officer | 0.3 | $0 |
| WILLIAM T HOBBS II | PAST CHAIR Trustee or director, Officer | 0.3 | $0 |
Address and contacts
- Address (IRS master file)
- 523 E FRANKLIN ST, CHAPEL HILL, NC 27514-3710
- Principal officer (990 for 2024)
- ANNE CRAIGHILL COLLINS, 523 EAST FRANKLIN STREET, CHAPEL HILL, NC 27514
- Signed the 990
- ANNE CRAIGHILL COLLINS, EXECUTIVE DIRECTOR
- Phone
- (919) 962-0552
- Website
- COLLEGE.UNC.EDU/FOUNDATION
- Return prepared by
- BLACKMAN & SLOOP ADVISORS INC
Mission
THE ARTS AND SCIENCES FOUNDATION CONTINUES TO RAISE FUNDS FOR THE COLLEGE OF ARTS & SCIENCES FACULTY, STUDENTS, FACILITIES AND PROGRAMS, ENSURING THAT THE NATION'S FIRST PUBLIC UNIVERSITY MAINTAINS AND ENHANCES ITS COMPETITIVE ADVANTAGE WELL INTO THE 21ST CENTURY. AS THE LARGEST UNIT ON CAMPUS, THE COLLEGE IS MADE UP OF FOUR DIVISIONS - FINE ARTS & HUMANITIES, NATURAL SCIENCES & MATHEMATICS, SOCIAL SCIENCES & GLOBAL PROGRAMS, AND UNDERGRADUATE EDUCATION - WHICH ALL RECEIVE FUNDRAISING SUPPORT FROM THE ARTS & SCIENCES FOUNDATION.
Program accomplishments
- 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.Expenses $28,039,580 · grants $27,943,414
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1150509
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1976
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B114)
- Assets (IRS master file)
- $631,036,374
- Income (IRS master file)
- $30,106,429
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $28,147,593 | $29,165,669 | $631,036,374 | XML |
| 990 | June 2024 | $27,382,638 | $24,073,461 | $578,177,700 | XML |
| 990 | June 2023 | $33,883,776 | $23,022,534 | $523,242,073 | XML |
| 990 | June 2022 | $33,231,064 | $17,054,011 | $518,992,807 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1150509).
Questions about UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION
- What is the EIN of UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION?
- The employer identification number (EIN) of UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION is 56-1150509.
- Is UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION?
- The 990 for the year ended June 30, 2025 names ANNE CRAIGHILL COLLINS.
- Who are the officers and directors of UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 37 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $28,147,593, expenses of $29,165,669 and total assets of $631,036,374 at year end.
Other nonprofits in CHAPEL HILL
- UNC HEALTH FOUNDATION INC EIN 56-6057494 · last filed 990 for 2025
- KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION EIN 56-0771850 · last filed 990 for 2025
- PROJECT KITTY HAWK INC EIN 87-3871908 · last filed 990 for 2025
- EDUCATION FOUNDATION SCHOLARSHIP ENDOWMENT TRUST EIN 56-6094839 · last filed 990 for 2025
- UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC EIN 59-1711424 · last filed 990 for 2025
- MOREHEAD CAIN FOUNDATION EIN 56-0599225 · last filed 990-PF for 2025
- GENERAL ALUMNI ASSOC EIN 56-6000469 · last filed 990 for 2025
- SCHOOL OF GOVERNMENT SERVICES EIN 85-0992406 · last filed 990 for 2025