Athletic Foundation Of The Univ Of North Carolina At Charlotte

Organization Overview

Athletic Foundation Of The Univ Of North Carolina At Charlotte is located in Charlotte, NC. The organization was established in 1970. 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. Athletic Foundation Of The Univ Of North Carolina At Charlotte 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 06/2023, Athletic Foundation Of The Univ Of North Carolina At Charlotte generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $8.9m during the year ending 06/2023. While expenses have increased by 15.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION IS TO ASSIST THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE IN ITS GENERAL ATHLETIC PROGRAMS BY PROVIDING FINANCIAL AID TO STUDENT ATHLETES AND TO PROVIDE OTHER SUCH AID TO IMPROVE ATHLETIC FACILITIES AND FURTHER ATHLETIC OPERATIONS AND PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISBURSEMENTS TO UNC CHARLOTTE TO ENHANCE ACADEMIC AND ATHLETIC PROGRAMS INCLUDING CAPITAL PROJECTS.


SUPPORT TO UNC CHARLOTTE TO PROVIDE FUNDS FOR ATHLETIC DEPARTMENTAL OPERATIONS, SCHOLARSHIPS, OTHER FINANCIAL AID, AND ADMINISTRATION OF ATHLETIC PROGRAMS INCLUDING MENS AND WOMENS BASKETBALL, SOCCER, BASEBALL, SOFTBALL, VOLLEYBALL, FOOTBALL AND CHEERLEADING.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Amon
Treasurer
$0
Beth Crigler
Ex-Officio
$0
Kelly Weatherman
Secretary
$0
Ali R Lacy Sherrill
President
$0
Pat Palmquist
Emeritus
$0
Sadler Barnhardt
Emeritus
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chartwells Dining Services
Catering
$164,476
Luquire George Andrews
Advertising
$136,320
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$241,756
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,900,744
Noncash contributions included in lines 1a–1f $251,146
Total Revenue from Contributions, Gifts, Grants & Similar$6,142,500
Total Program Service Revenue$0
Investment income $256,965
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $122,692
Net Income from Fundraising Events $16,206
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,549,104

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Medical College Of Georgia Foundation Inc
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Virginia Commonwealth University Foundation
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Kennesaw State Unversity Research And Service Foundation Inc
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Tennessee State University Foundation
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Unc-G Excellence Foundation
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University Health Services Inc
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