East Carolina University Medical & Health Sciences Foundation Inc

Organization Overview

East Carolina University Medical & Health Sciences Foundation Inc is located in Greenville, NC. The organization was established in 1969. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Carolina University Medical & Health Sciences Foundation Inc 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 06/2021, East Carolina University Medical & Health Sciences Foundation Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $4.1m during the year ending 06/2021. While expenses have increased by 3.7% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION EXISTS FOR THE PURPOSES OF SUPPORTING AND PROMOTING THE EDUCATIONAL AND CHARITABLE PURPOSES AND THE LAWFUL ACTIVITIES OF THE ECU HEALTH SCIENCES CAMPUS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND AWARDS - AWARDS ARE GIVEN TO QUALIFYING STUDENTS AND RESIDENTS TO ENABLE THEM TO ATTAIN A QUALITY EDUCATION OF HIGHER LEARNING OR TO RECOGNIZE THEM FOR ACHIEVEMENTS IN EDUCATION OR RESEARCH.


PROGRAM AND FACULTY SUPPORT - THE FOUNDATION PROVIDES SUPPORT TO VARIOUS PROGRAMS AND DEPARTMENTS FOR THE SCHOOLS OF MEDICINE AND DENTAL MEDICINE, COLLEGES OF NURSING AND ALLIED HEALTH SCIENCES, AND THE LAUPUS LIBRARY.


RESEARCH, CLINICAL AND EDUCATION - AID AND SUPPORT ARE GIVEN TO STUDENTS, PROFESSORS, AND RESIDENTS FOR THEIR RESEARCH IN FIELDS OF MEDICAL SCIENCE. THE FOUNDATION ALSO PROVIDES SUPPORT FOR EDUCATIONAL ACTIVITIES TO STUDENTS AND THE COMMUNITY AND TO PROVIDE CARE TO PATIENTS AT UNIVERSITY MEDICAL AND DENTAL CLINICS.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas J Robinson
Chair
$0
David J Whichard III
Chair
$0
William P Franklin Jr
Vice Chair
$0
Deanna M Boyette
Secretary
$0
Rick L Bare
Director
$0
William C Brody
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$4,789,877
Investment income $250,694
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $34,100
Net Gain/Loss on Asset Sales $125,743
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,234,264

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