The University Of North Carolina At Chapel Hill School Of Nursing Foundation
- Assets
- $0.0
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- Data as of
- 06/2019
- EIN
- 58-1508175
Organization Overview
The University Of North Carolina At Chapel Hill School Of Nursing Foundation is located in Chapel Hill, NC. University Of North Carolina At Chapel Hill School Of Nursing 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 06/2019, University Of North Carolina At Chapel Hill School Of Nursing Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $15.9m during the year ending 06/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SUPPORTS NURSING EDUCATION, RESEARCH, AND SERVICE AT THE UNC-CH SCHOOL OF NURSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL SCHOOL OF NURSING FOUNDATION, INC. FOSTERS AND PROMOTES THE SCHOOL OF NURSING'S TRIPARTITE MISSIONS OF LEADERSHIP AND INNOVATION IN TEACHING, RESEARCH, AND PRACTICE. THE SCHOOL OF NURSING IS COMMITTED TO ADDRESSING AND AMELIORATING THE SHORTAGE OF NURSES, NURSE LEADERS, AND NURSING FACULTY. THE FOUNDATION SUPPORTS THE ACTIVITIES AND NEEDS OF THE SCHOOL OF NURSING BY ESTABLISHING ENDOWMENTS AND SCHOLARSHIPS AND FOSTERING OTHER FORMS OF STUDENT AND FACULTY SUPPORT. IN FISCAL YEAR 2019, THE FOUNDATION SERVED APPROXIMATELY 629 STUDENTS AND 182 FACULTY AND STAFF. IT ALSO SUPPORTED RESEARCH THROUGH EVENTS WHICH SHOWCASED CURRENT AND FUTURE RESEARCH STUDIES AND FOSTERED COMMUNITY PARTNERSHIPS THROUGH ACTIVITIES SUCH AS ANNUAL STUDENT SERVICE LEARNING TRIPS.
AT JUNE 30, 2019, THE FOUNDATION WAS MERGED INTO THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION, INC. ("THE UNC FOUNDATION"), WHICH IS THE SURVIVING ENTITY. AT THAT TIME, ALL OF THE FOUNDATION'S REMAINING ASSETS AND LIABILITIES WERE GRANTED TO THE UNC FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert C Atwater Director | Trustee | 0.2 | $0 |
Francine D Davis Director | Trustee | 0.2 | $0 |
Nancy S Fuller Director (until November 2018) | Trustee | 0.2 | $0 |
P Allen Gray Jr Director | Trustee | 0.2 | $0 |
Rizza H DE La Guerra Director | Trustee | 0.2 | $0 |
Art Odom Director (until November 2018) | Trustee | 0.2 | $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 | $1,876,645 |
| Noncash contributions included in lines 1a–1f | $58,014 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,876,645 |
| Total Program Service Revenue | $0 |
| Investment income | $16,267 |
| 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 | $1,892,912 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,583,751 |
| 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 | $188,779 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,887 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,263 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $15,869,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, The University Of North Carolina At Chapel Hill School Of Nursing Foundation has awarded $15,583,751 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL SCHOOL OF NURSING PURPOSE: SUPPORT FOR THE UNIVERSITY OF NORTH CAROLINA SCHOOL OF NURSING FOR SCHOLARSHIPS, FACILITIES, AND RESEARCH. | $1,654,261 |
THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC PURPOSE: GRANT OF ALL REMAINING ASSETS (SEE PART IV). | $13,929,490 |