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Nonprofit · EIN 56-6050338

FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC

Tax-exempt · WILMINGTON, NC 28403

Financials

$600K$273K2023$543K$413K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$542,511$413,121$129,390$11,652,830$0$11,652,830
June 30, 2024990$599,858$272,735$327,123$10,923,812$0$10,923,812
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$75,394
Program service revenue
$0
Investment income
$467,117
Net gain from sales of assets
$390,566
Other revenue
$0

Expenses

Grants and similar amounts paid
$286,647
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$200
Accounting fees
$9,300
Program services (functional)
$332,102
Management and general (functional)
$33,897
Fundraising (functional)
$47,122

Balance sheet and other

Total assets, start of year
$10,923,812
Total assets, end of year
$11,652,830
Total liabilities, end of year
$0
Net assets, end of year
$11,652,830
Publicly traded securities
$3,022,523
Net assets without donor restrictions
$1,860,726
Net assets with donor restrictions
$9,792,104
Gross receipts
$1,995,131
Employees
0
Volunteers
0
Year formed
1962
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 / weekCompensationFrom related orgsOther / benefits
MILES LACKEYTREASURER
Trustee or director, Officer
1$0$303,936$52,323
EDDIE STUARTEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0$273,049$46,916
MELISSA KENNEDYSECRETARY
Trustee or director, Officer
1$0$149,553$47,270
SANDRA SPIERSVICE CHAIR
Trustee or director, Officer
1$0$0$0
LINDA B SAYEDCHAIR
Trustee or director, Officer
1$0$0$0
ALISON BARINGERDIRECTOR
Trustee or director
1$0$0$0
PHILIP BROWNDIRECTOR
Trustee or director
1$0$0$0
MAX T COFFEYDIRECTOR
Trustee or director
1$0$0$0
WILMA W DANIELSDIRECTOR
Trustee or director
1$0$0$0
HOLLY G GRANGEDIRECTOR
Trustee or director
1$0$0$0
CRAIG DAVISDIRECTOR
Trustee or director
1$0$0$0
YVONNE W KIDDDIRECTOR
Trustee or director
1$0$0$0
JENNIFER B MERTUSDIRECTOR
Trustee or director
1$0$0$0
MARTIN B MEYERSONDIRECTOR
Trustee or director
1$0$0$0
JOSEPH S PERKINSDIRECTOR
Trustee or director
1$0$0$0
9 more people on this return
NameTitleHours / weekCompensation
JOSEPH KITTINGERDIRECTOR
Trustee or director
1$0
MARCELA LAURIA-WHITEDIRECTOR
Trustee or director
1$0
HOWARD M STEINDIRECTOR
Trustee or director
1$0
JUDY R THARPDIRECTOR
Trustee or director
1$0
KIMBERLY NELSONDIRECTOR
Trustee or director
1$0
GABRIEL RICHDIRECTOR
Trustee or director
1$0
JOSEPH S WELLSDIRECTOR
Trustee or director
1$0
MARGARET ROBINSONDIRECTOR
Trustee or director
1$0
MARIAN WRIGHTDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 22 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MILES LACKEYTREASURER
Trustee or director, Officer
1$0$293,414$49,647
EDDIE STUARTEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0$261,804$44,171
MELISSA KENNEDYSECRETARY
Trustee or director, Officer
1$0$140,884$44,463
ELLIOT B MOSKOWITZCHAIR
Trustee or director, Officer
1$0$0$0
LINDA B SAYEDVICE CHAIR
Trustee or director, Officer
1$0$0$0
GEORGE P BARNESDIRECTOR
Trustee or director
1$0$0$0
STEPHEN T BYRDDIRECTOR
Trustee or director
1$0$0$0
MAX T COFFEYDIRECTOR
Trustee or director
1$0$0$0
WILMA W DANIELSDIRECTOR
Trustee or director
1$0$0$0
HOLLY G GRANGEDIRECTOR
Trustee or director
1$0$0$0
MORGAN C JACKSONDIRECTOR
Trustee or director
1$0$0$0
YVONNE W KIDDDIRECTOR
Trustee or director
1$0$0$0
JENNIFER B MERTUSDIRECTOR
Trustee or director
1$0$0$0
MARTIN B MEYERSONDIRECTOR
Trustee or director
1$0$0$0
JOSEPH S PERKINSDIRECTOR
Trustee or director
1$0$0$0
ANGELA B SHOFFDIRECTOR
Trustee or director
1$0$0$0
SANDRA L SPIERSDIRECTOR
Trustee or director
1$0$0$0
HOWARD M STEINDIRECTOR
Trustee or director
1$0$0$0
JUDY R THARPDIRECTOR
Trustee or director
1$0$0$0
LEIGH W VENTERSDIRECTOR
Trustee or director
1$0$0$0
DAVID M WALLACEDIRECTOR
Trustee or director
1$0$0$0
JOSEPH S WELLSDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
601 SOUTH COLLEGE ROAD BOX 5990, WILMINGTON, NC 28403-3201
Principal officer (990 for 2024)
EDDIE STUART, 601 SOUTH COLLEGE ROAD BOX 5990, WILMINGTON, NC 28403
Signed the 990
MILES LACKEY, TREASURER
Phone
(910) 962-2515
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

THE PURPOSE OF THE UNCW FOUNDATION, A 501(C)(3) NONPROFIT ORGANIZATION, IS TO ASSIST THE UNIVERSITY IN SOLICITING AND RECEIVING PRIVATE GIFTS TO FURTHER EDUCATIONAL PROGRAMS AND SCHOLARSHIP OPPORTUNITIES FOR STUDENTS. THE UNIVERSITY IS THE FOUNDATION'S SOLE BENEFICIARY.

990 for the year ended June 30, 2025

Program accomplishments

  • GIFTS IN-KIND TO BENEFIT UNCW: THE FOUNDATION, THROUGH ITS ABILITY TO ACCEPT GIFTS IN-KIND, WHICH WILL BENEFIT THE UNIVERSITY, MAINTAINED REAL ESTATE PROPERTIES, AS WELL AS LIFE INSURANCE POLICIES AND CHARITABLE GIFT ANNUITIES AND TRUSTS, WHOSE PROCEEDS WILL ULTIMATELY BE GIFTED TO THE UNIVERSITY UPON THE DEATH OF THE DONORS.
    Expenses $45,455
  • CASH SUPPORT OF UNCW PROGRAMS: THE FOUNDATION SUPPORTED UNIVERSITY ENDOWED SCHOLARSHIPS WITH CASH GIFTS.
    Expenses $286,647 · grants $286,647

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
56-6050338
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1966
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43I)
Assets (IRS master file)
$11,652,830
Income (IRS master file)
$1,995,131

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$542,511$413,121$11,652,830IRS
990June 2024$599,858$272,735$10,923,812XML
990June 2023$270,735$255,866$9,950,079IRS
990June 2022$591,342$243,978$9,854,577IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 56-6050338).

Questions about FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC

What is the EIN of FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC?
The employer identification number (EIN) of FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC is 56-6050338.
Is FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC 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 FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC 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 FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC 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 FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC?
The 990 for the year ended June 30, 2025 names EDDIE STUART.
Who are the officers and directors of FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC?
The 990 for the year ended June 30, 2025 lists 24 people; 0 received compensation from the organization.
How much revenue does FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $542,511, expenses of $413,121 and total assets of $11,652,830 at year end.

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