Nonprofit · EIN 59-1711424
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC
Tax-exempt · CHAPEL HILL, NC 27599
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $17,023,538 | $32,495,065 | -$15,471,527 | $792,540,669 | $97,172,318 | $695,368,351 |
| June 30, 2024 | 990 | $20,313,186 | $40,081,695 | -$19,768,509 | $743,649,629 | $94,383,160 | $649,266,469 |
| June 30, 2023 | 990 | $39,404,475 | $40,923,406 | -$1,518,931 | $687,424,676 | $80,228,636 | $607,196,040 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $16,475,486
- Program service revenue
- $0
- Investment income
- $548,052
- Net gain from sales of assets
- -$2,788,955
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $26,602,422
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $116,706
- Accounting fees
- $114,625
- Depreciation
- $1,933
- Program services (functional)
- $26,602,422
- Management and general (functional)
- $5,892,643
Balance sheet and other
- Total assets, start of year
- $743,649,629
- Total assets, end of year
- $792,540,669
- Total liabilities, end of year
- $97,172,318
- Net assets, end of year
- $695,368,351
- Land, buildings and equipment
- $17,567
- Net assets without donor restrictions
- $82,188,967
- Net assets with donor restrictions
- $613,179,384
- Gross unrelated business income
- $8,870
- Gross receipts
- $54,636,307
- Employees
- 0
- Volunteers
- 14
- Year formed
- 1977
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LEE H ROBERTS | DIRECTOR Trustee or director, Officer | 1 | $0 | $653,620 | $102,695 |
| MICHAEL ANDREASEN | VP, SECRETARY & EXEC. DIR. Officer | 1 | $0 | $593,745 | $66,452 |
| NATHAN L KNUFFMAN | DIR. & TREASURER Trustee or director, Officer | 1 | $0 | $433,022 | $135,688 |
| GORDON MERKLEIN | ASSISTANT VP Officer | 1 | $0 | $349,159 | $59,704 |
| CARLY PERIN | ASSISTANT VP Officer | 1 | $0 | $264,887 | $75,992 |
| ELIZABETH AYERS | ASSISTANT VP Officer | 1 | $0 | $214,770 | $62,261 |
| JENNIFER BOWMAN | ASST. SECRETARY Officer | 1 | $0 | $209,628 | $52,883 |
| CHANDRIKA RAO | ASSISTANT VP Officer | 1 | $0 | $182,782 | $55,795 |
| KEVIN M GUSKIEWICZ | DIRECTOR (THRU JAN. 2024) Former | 1 | $0 | $202,200 | $33,132 |
| DAVID CHURCHILL | ASSISTANT VP (THRU. MAY 2024) Former | 1 | $0 | $169,008 | $43,270 |
| ROBERT BRUCE WARRINGTON | ASSISTANT VP Officer | 1 | $0 | $156,144 | $47,665 |
| CANDACE CLARK | ASSISTANT VP Officer | 1 | $0 | $169,843 | $32,965 |
| STEPHEN AGOSTINI | ASSISTANT VP (THRU MAY 2024) Former | 1 | $0 | $127,859 | $19,340 |
| MICHAEL BRINKMAN | ASSISTANT VP (BEG. OCT 2024) Officer | 1 | $0 | $91,927 | $40,626 |
| JOHN PREYER | CHAIR, DIRECTOR & PRES. Trustee or director, Officer | 1 | $0 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN L TOWNSEND III | DIRECTOR (THRU OCT. 2024) Trustee or director | 1 | $0 |
| LEE LESLEY | DIRECTOR Trustee or director | 1 | $0 |
| DAVID BOLIEK | DIRECTOR (THRU OCT 2024) Trustee or director | 1 | $0 |
| W O'BRIEN WHITE III | DIRECTOR Trustee or director | 1 | $0 |
| ANNE BRENNAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL D KENNEDY | DIRECTOR Trustee or director | 1 | $0 |
| EDWARD J FRITSCH | DIRECTOR Trustee or director | 1 | $0 |
| G MUNROE COBEY | DIRECTOR Trustee or director | 1 | $0 |
| DAVID CARROLL | DIRECTOR Trustee or director | 1 | $0 |
| JAMES KEITH BROWN | DIRECTOR Trustee or director | 1 | $0 |
| J SPENCER WHITMAN | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER LLOYD | DIRECTOR Trustee or director | 1 | $0 |
| NIGEL LONG | DIRECTOR Trustee or director | 1 | $0 |
| JAMES C BLAINE II | DIRECTOR Trustee or director | 1 | $0 |
| TUCKER YORK | DIRECTOR (BEG OCT 2024) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 28 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KEVIN M GUSKIEWICZ | DIRECTOR (THRU JAN. 2024) Trustee or director | 1 | $0 | $670,610 | $243,342 |
| MICHAEL ANDREASEN | VP, SECRETARY & EXEC. DIR. Officer | 1 | $0 | $503,983 | $62,533 |
| NATHAN L KNUFFMAN | DIR. & TREASURER Trustee or director, Officer | 1 | $0 | $418,894 | $129,069 |
| GORDON MERKLEIN | ASSISTANT VP Officer | 1 | $0 | $337,149 | $56,676 |
| STEPHEN AGOSTINI | ASSISTANT VP (THRU MAY 2024) Officer | 1 | $0 | $336,261 | $48,941 |
| CARLY PERIN | ASSISTANT VP (BEG. MAY 2024) Officer | 1 | $0 | $236,267 | $68,501 |
| ELIZABETH AYERS | ASSISTANT VP Officer | 1 | $0 | $208,124 | $59,994 |
| DAVID CHURCHILL | ASSISTANT VP (THRU. MAY 2024) Officer | 1 | $0 | $207,006 | $56,190 |
| CHANDRIKA RAO | ASSISTANT VP Officer | 1 | $0 | $176,186 | $54,707 |
| JENNIFER BOWMAN | ASST. SECRETARY & ASST. VP Officer | 1 | $0 | $179,123 | $45,787 |
| ROBERT BRUCE WARRINGTON | ASSISTANT VP Officer | 1 | $0 | $149,917 | $45,643 |
| CANDACE CLARK | ASSISTANT VP Officer | 1 | $0 | $163,833 | $31,068 |
| JOHN PREYER | CHAIR, DIRECTOR & PRES. Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN L TOWNSEND III | DIRECTOR (THRU OCT. 2024) Trustee or director | 1 | $0 | $0 | $0 |
| LEE LESLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID BOLIEK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| W O'BRIEN WHITE III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANNE BRENNAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL D KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EDWARD J FRITSCH | DIRECTOR (BEG. OCT 2023) Trustee or director | 1 | $0 | $0 | $0 |
| G MUNROE COBEY | DIRECTOR (BEG. OCT 2023) Trustee or director | 1 | $0 | $0 | $0 |
| DAVID CARROLL | DIRECTOR (BEG. OCT 2023) Trustee or director | 1 | $0 | $0 | $0 |
| JAMES KEITH BROWN | DIRECTOR (BEG. OCT 2023) Trustee or director | 1 | $0 | $0 | $0 |
| J SPENCE WHITMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER LLOYD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NIGEL LONG | DIRECTOR (BEG. OCT. 2023) Trustee or director | 1 | $0 | $0 | $0 |
| LEE H ROBERTS | DIRECTOR (BEG. JAN. 2024) Trustee or director | 1 | $0 | $0 | $0 |
| JAMES C BLAINE II | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 28 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID ROUTH | VP, SECRETARY & ED (THRU. DEC. 2022) Officer | 1 | $0 | $1,058,573 | $61,030 |
| KEVIN GUSKIEWICZ | DIRECTOR Trustee or director | 1 | $0 | $654,586 | $245,004 |
| NATHAN KNUFFMAN | DIR. & TREASURER Trustee or director, Officer | 1 | $0 | $407,264 | $83,009 |
| GORDON MERKLEIN | ASSISTANT VP Officer | 1 | $0 | $338,925 | $53,200 |
| STEVE AGOSTINI | ASSISTANT VP Officer | 1 | $0 | $344,354 | $44,932 |
| ELIZABETH AYERS | ASSISTANT VP Officer | 1 | $0 | $210,644 | $60,987 |
| DAVID CHURCHILL | ASSISTANT VP Officer | 1 | $0 | $194,781 | $55,190 |
| CHANDRIKA RAO | ASSISTANT VP Officer | 1 | $0 | $177,529 | $55,039 |
| CYNTHIA BUTLER | ASSISTANT VP Former | 1 | $0 | $194,789 | $26,988 |
| CANDACE CLARK | ASSISTANT VP Officer | 1 | $0 | $166,539 | $31,073 |
| JENNIFER BOWMAN | ASST. SECRETARY & ASST. VP Officer | 1 | $0 | $150,274 | $41,693 |
| BRUCE WARRINGTON | ASSISTANT VP Officer | 1 | $0 | $135,775 | $44,002 |
| TERESA ARTIS NEAL | DIRECTOR Trustee or director | 1 | $0 | $4,178 | $0 |
| DAVID BOLIEK | CHAIR, DIRECTOR & PRES. Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN TOWNSEND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LEE LESLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN PREYER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIEN WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANNE BRENNAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ED FRITSCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEN EVANS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID CRAVER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MUNROE COBEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID CARROLL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES KEITH BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SPENCE WHITMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL ANDREASEN | VP, SECRETARY & ED (BEG. JAN. 2023) Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 300 SOUTH BUILDING CB1000, CHAPEL HILL, NC 27599-1000
- In care of
- % JONATHAN PRUITT
- Principal officer (990 for 2024)
- MICHAEL ANDREASEN, 300 SOUTH BUILDING, CB CHAPEL HILL, NC 27599
- Signed the 990
- MICHAEL ANDREASEN, VP, SECRETARY, & ED
- Phone
- (919) 962-8511
- Return prepared by
- KPMG LLP
Mission
TO AID, SUPPORT, AND PROMOTE TEACHING, RESEARCH, AND SERVICE IN THE VARIOUS EDUCATIONAL, SCIENTIFIC, SCHOLARLY, PROFESSIONAL, ARTISTIC, AND CREATIVE ENDEAVORS OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.
Program accomplishments
- GRANTS ARE TO OR FOR THE BENEFIT OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.Expenses $26,602,422 · grants $26,602,422
What it must file and when
IRS records say it files Not required (state instrumentality). 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
- 59-1711424
- 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
- 1977
- Accounting year ends
- June
- Files
- Not required (state instrumentality)
- Category (NTEE)
- Education (B114)
- Assets (IRS master file)
- $792,540,669
- Income (IRS master file)
- $54,636,307
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $17,023,538 | $32,495,065 | $792,540,669 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $20,313,186 | $40,081,695 | $743,649,629 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $39,404,475 | $40,923,406 | $687,424,676 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $22,733,699 | $25,903,937 | $706,594,306 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | 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 59-1711424).
Questions about UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC
- What is the EIN of UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC?
- The employer identification number (EIN) of UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC is 59-1711424.
- Is UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC file?
- Form Not required (state instrumentality).
- When is the next return of UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION 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 UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION 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 UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MICHAEL ANDREASEN.
- Who are the officers and directors of UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 30 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $17,023,538, expenses of $32,495,065 and total assets of $792,540,669 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
- UNIVERSITY OF NORTH CAROLINA CHAPEL HILL ARTS AND SCIENCES FOUNDATION EIN 56-1150509 · last filed 990 for 2025
- EDUCATION FOUNDATION SCHOLARSHIP ENDOWMENT TRUST EIN 56-6094839 · 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