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Nonprofit · EIN 56-6034739

UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION

Also known as CAROLINA INC

Tax-exempt · CHAPEL HILL, NC 27599

Financials

$3.5M$3.7M2022$958K$2.7M2023$1.7M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,745,922$1,811,371-$65,449$54,466,980$449$54,466,531
June 30, 2024990$957,719$2,747,929-$1,790,210$50,181,949$29,809$50,152,140
June 30, 2023990$3,474,790$3,659,931-$185,141$47,529,641$4,448$47,525,193
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,580,895
Program service revenue
$0
Investment income
$165,027
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,672,378
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$39,027
Program services (functional)
$1,672,378
Management and general (functional)
$42,057
Fundraising (functional)
$96,936

Balance sheet and other

Total assets, start of year
$50,181,949
Total assets, end of year
$54,466,980
Total liabilities, end of year
$449
Net assets, end of year
$54,466,531
Net assets without donor restrictions
$7,793,801
Net assets with donor restrictions
$46,672,730
Gross receipts
$1,745,922
Employees
0
Volunteers
21
Year formed
1949
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.

NameTitleHours / weekCompensation
DONNA CURTIS MCCLATCHEYPRESIDENT
Trustee or director, Officer
1$0
CATHERINE RHEUL BECKERVICE PRESIDENT
Trustee or director, Officer
1$0
RAUL REISSECRETARY
Trustee or director, Officer
18$0
MARK HARDENTREASURER
Trustee or director, Officer
1$0
LEE BURROWSDEVELOPMENT CO-CHAIR
Trustee or director, Officer
1$0
GREG JOHNSONIMMEDIATE PAST PRESIDENT
Trustee or director
1$0
TJ ABRAMSBOARD MEMBER
Trustee or director
1$0
WHITNEY COHENBOARD MEMBER
Trustee or director
1$0
DAVID CRABTREEBOARD MEMBER
Trustee or director
1$0
LATOYA EVANSBOARD MEMBER
Trustee or director
1$0
ELIZA GAINESBOARD MEMBER
Trustee or director
1$0
JOHN HOODBOARD MEMBER
Trustee or director
1$0
JULIA HUANGBOARD MEMBER
Trustee or director
1$0
ALAN MARKSBOARD MEMBER
Trustee or director
1$0
FABIANA RAMIREZBOARD MEMBER
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
EDWIN RASBERRYBOARD MEMBER
Trustee or director
1$0
ROCHELLE RILEYBOARD MEMBER
Trustee or director
1$0
LINDA RIZKBOARD MEMBER
Trustee or director
1$0
DWIGHT SCOTTBOARD MEMBER
Trustee or director
1$0
KRISTY THOMPSONBOARD MEMBER
Trustee or director
1$0
DAVID WORONOFFBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensation
GREG JOHNSONPRESIDENT
Trustee or director, Officer
1$0
DONNA CURTIS MCCLATCHEYVICE PRESIDENT
Trustee or director, Officer
1$0
RAUL REISSECRETARY
Trustee or director, Officer
18$0
MARK HARDENTREASURER
Trustee or director, Officer
1$0
FORD WORTHYIMMEDIATE PAST PRESIDENT
Trustee or director
1$0
TJ ABRAMSBOARD MEMBER
Trustee or director
1$0
CATHERINE RHEUL BECKERBOARD MEMBER
Trustee or director
1$0
LEE BURROWSBOARD MEMBER
Trustee or director
1$0
DAVID CRABTREEBOARD MEMBER
Trustee or director
1$0
LATOYA EVANSBOARD MEMBER
Trustee or director
1$0
ELIZA GAINESBOARD MEMBER
Trustee or director
1$0
JOHN HOODBOARD MEMBER
Trustee or director
1$0
JULIA HUANGBOARD MEMBER
Trustee or director
1$0
ALAN MARKSBOARD MEMBER
Trustee or director
1$0
FABIANA RAMIREZBOARD MEMBER
Trustee or director
1$0
ROCHELLE RILEYBOARD MEMBER
Trustee or director
1$0
LINDA RIZKBOARD MEMBER
Trustee or director
1$0
DWIGHT SCOTTBOARD MEMBER
Trustee or director
1$0
KRISTY THOMPSONBOARD MEMBER
Trustee or director
1$0
DAVID WORONOFFBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensation
CATHERINE REUHL BECKERBOARDMEMBER
Trustee or director
1$0
CHARLES BROADWELLBOARDMEMBER
Trustee or director
1$0
LATOYA EVANSBOARDMEMBER
Trustee or director
1$0
JOHN HOODBOARDMEMBER
Trustee or director
1$0
ELIZA HUSSMAN GAINESBOARDMEMBER
Trustee or director
1$0
BILL KEYESBOARDMEMBER
Trustee or director
1$0
ALAN MARKSBOARDMEMBER
Trustee or director
1$0
KIMBERLY MOOREBOARDMEMBER
Trustee or director
1$0
ROCHELLE RILEYBOARDMEMBER
Trustee or director
1$0
LINDA RIZKBOARDMEMBER
Trustee or director
1$0
DWIGHT SCOTTBOARDMEMBER
Trustee or director
1$0
DAVID SOUSABOARDMEMBER
Trustee or director
1$0
D JORDAN WHICHARD IIIBOARDMEMBER
Trustee or director
1$0
FORD WORTHYIMMEDIATE PAST PRESIDENT
Trustee or director
1$0
GREG JOHNSONPRESIDENT
Trustee or director, Officer
1$0
DONNA CURTIS MCCLATCHEYVICE PRESIDENT
Trustee or director, Officer
1$0
MARK HARDENTREASURER
Trustee or director, Officer
1$0
RAUL REISSECRETARY
Trustee or director, Officer
18$0

Address and contacts

Address (IRS master file)
CAMPUS BOX 3365 CARROLL HALL, CHAPEL HILL, NC 27599-0001
In care of
% MICHELLE TAYLOR
Principal officer (990 for 2024)
DONNA CURTIS MCCLATCHEY, CAMPUS BOX 3365 CARROLL HALL, CHAPEL HILL, NC 27599
Signed the 990
RAUL REIS, SECRETARY
Phone
(919) 962-1204
Return prepared by
BLACKMAN & SLOOP ADVISORS INC

Mission

TO PROVIDE FUNDS TO THE HUSSMAN SCHOOL OF JOURNALISM AND MEDIA AT UNC CHAPEL HILL FOR SCHOLARSHIPS, STUDENT & STAFF SUPPORT, AND OTHER USES.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE FUNDS TO THE HUSSMAN SCHOOL OF JOURNALISM AND MEDIA AT UNC CHAPEL HILL FOR SCHOLARSHIPS, STUDENTS, FACULTY AND STAFF SUPPORT, AND OTHER USES.
    Expenses $1,672,378 · grants $1,672,378

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-6034739
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
1950
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43I)
Assets (IRS master file)
$54,466,980
Income (IRS master file)
$1,745,922

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,745,922$1,811,371$54,466,980XML
990June 2024$957,719$2,747,929$50,181,949XML
990June 2023$3,474,790$3,659,931$47,529,641XML
990June 2022$2,786,327$5,299,979$48,890,448IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 56-6034739).

Questions about UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION

What is the EIN of UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION?
The employer identification number (EIN) of UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION is 56-6034739.
Is UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
Are donations to UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA 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 UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA 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 UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA 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 UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION?
The 990 for the year ended June 30, 2025 names DONNA CURTIS MCCLATCHEY.
Who are the officers and directors of UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION?
The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
How much revenue does UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,745,922, expenses of $1,811,371 and total assets of $54,466,980 at year end.

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