The University Of Mount Olive Foundaiton

Organization Overview

The University Of Mount Olive Foundaiton is located in Mount Olive, NC. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Mount Olive Foundaiton is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, University Of Mount Olive Foundaiton generated $958.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $908.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOLD CERTAIN REAL ESTATE USED BY THE UNIVERSITY OF MOUNT OLIVE INC IN CARRYING OUT ITS EXEMPT PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Dean Rouse
Vice Chairperson
$0
I Ray Mcdonald Jr
Chairperson
$0
William H Bryan
Treasurer
$0
Kenneth Buchanan
Assistant Treasurer
$0
H Edward Croom
Board Member
$0
Jason Gipe
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$958,901
Investment income $39
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $958,940

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The University Of Mount Olive Foundaiton has recieved totaling $500.

Awarding OrganizationAmount
Reynolds American Foundation

Winston Salem, NC

PURPOSE: CHARITABLE ACTIVITIES

$500
View Grant Recipient Profile

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