Unc-G Excellence Foundation is located in Greensboro, NC. The organization was established in 1967. 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. Unc-G Excellence Foundation 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, Unc-G Excellence Foundation generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $8.7m during the year ending 06/2022. While expenses have increased by 7.5% 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.
Since 2015, Unc-G Excellence Foundation has awarded 20 individual grants totaling $43,917,018. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE UNCG EXCELLENCE FOUNDATION IS TO CONDUCT FUNDRAISING PROGRAMS AND ACTIVITIES; TO INVEST AND MANAGE FOUNDATION RESOURCES IN A RESPONSIBLE MANNER THAT BALANCES GROWTH AND SUPPORT FOR DESIGNATED UNIVERSITY PROGRAMS; AND TO DEVELOP INTEREST IN AND SUPPORT FOR THE UNIVERSITY WITHIN THE CORPORATE, FOUNDATION, AND POLITICAL ARENAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNCG SCHOLARSHIP, DEPARTMENTAL AND PROFESSORSHIPS
WEATHERSPOON ARTS FOUNDATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mrs Beth Fischer President/ex Offficio | OfficerTrustee | 1 | $0 |
Mr Steve Alan Joyce Jr Chair | OfficerTrustee | 1 | $0 |
Ms Phaedra J Grove Vice Chair | OfficerTrustee | 1 | $0 |
Mr Terald Levern Melton Secretary | OfficerTrustee | 1 | $0 |
Mr Robert J Shea Jr Treasurer/ex Officio | OfficerTrustee | 0.1 | $0 |
Mrs Debra Turner Bailey Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $5,850 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,395,812 |
Noncash contributions included in lines 1a–1f | $778,515 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,401,662 |
Total Program Service Revenue | $0 |
Investment income | $2,058,472 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,786,594 |
Net Income from Fundraising Events | $5,850 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,267,071 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,062,093 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,773 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $120,449 |
Fees for services: Investment Management | $965,645 |
Fees for services: Other | $223,896 |
Advertising and promotion | $208,679 |
Office expenses | $6,167 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $32,500 |
Travel | $578 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,587 |
All other expenses | $54,388 |
Total functional expenses | $8,702,755 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $265,890 |
Savings and temporary cash investments | $2,259,246 |
Pledges and grants receivable | $251,680 |
Accounts receivable, net | $2,487 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $739,500 |
Investments—publicly traded securities | $9,962,917 |
Investments—other securities | $173,938,854 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $187,420,574 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $88,390 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,055,385 |
Total liabilities | $5,143,775 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $11,140,933 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $171,135,866 |
Total liabilities and net assets/fund balances | $187,420,574 |
Over the last fiscal year, Unc-G Excellence Foundation has awarded $7,062,093 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Greensboro, NC PURPOSE: EDUCATIONAL SUPPORT | $6,928,570 |
Greensboro, NC PURPOSE: EDUCATIONAL SUPPORT | $133,523 |
Over the last fiscal year, we have identified 16 grants that Unc-G Excellence Foundation has recieved totaling $3,107,642.
Awarding Organization | Amount |
---|---|
Blue Bell Foundation Las Vegas, NV PURPOSE: GENERAL SUPPORT | $2,000,000 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC PURPOSE: GENERAL SUPPORT | $757,007 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 20 GRANT(S) FOR VARYING PURPOSES | $136,911 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $85,500 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC PURPOSE: HEALTHY RELATIONSHIPS INITIATIVE | $35,092 |
Vf Foundation Wilmington, DE PURPOSE: FUTURE LEADERS IN APPAREL, CONSUMER INSIGHT,AND RETAILING (FLAIR) FELLOWSHIP PROGRAM | $30,000 |
Beg. Balance | $181,562,777 |
Earnings | -$8,295,573 |
Net Contributions | $5,028,849 |
Other Expense | $6,928,570 |
Ending Balance | $171,367,483 |