The Foundation of the University of North Carolina At Charlotte Inc
501(c)(3) Donations tax-deductible
83% goes to programs $0 to raise $100 Strong reserves Growing revenue
The Foundation of the University of North Carolina At Charlotte Inc is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 1963, with $61,259,638 in FY2024 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
9201 University City Blvd Reese 411, Charlotte, NC, 28223 EIN 56-6059417 Since 1963
Revenue (FY2024)
$61.3M
▲ 168.0% vs prior year
Expenses (FY2024)
$27.4M
Net assets
$328.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating83% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Foundation of the University of North Carolina At Charlotte Inc: 83% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating144 mo reserves · +55% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Foundation of the University of North Carolina At Charlotte Inc: 144 mo reserves · +55% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Foundation of the University of North Carolina At Charlotte Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Foundation of the University of North Carolina At Charlotte Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The foundation of unc charlotte receives contributions to promote and develop the academic and educational purpose of unc charlotte by providing support for operations, educational programs, and scholarships for the university and its students.
What they do
Disbursements to unc charlotte for scientific and educational research programs, general academic support for faculty, and continuing education.
Disbursements to unc charlotte for academic instruction and academic support for faculty.
Other institutional support and community involvement
Contact & location
- Address
- 9201 University City Blvd Reese 411, Charlotte, NC, 28223
- City
- Charlotte
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $16.9M (FY2013) to $61.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $133.9MNet assets $328.5M
Operating margin
55.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$462.3M
Total liabilities
$133.9M
Net assets
$328.5M
Salaries & benefits
$0
0% of expenses
Board members
30
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,259,638▲168% | $27,418,878▼11.3% | $328,480,227▲20.9% | $462,343,134▲36.3% | 990 |
| 2023 | $22,862,049▼3.6% | $30,903,080▲51.8% | $271,669,855▲3.4% | $339,313,829▲2.4% | 990 |
| 2022 | $23,706,211▼23.2% | $20,363,456▲3.9% | $262,694,188▲3.4% | $331,513,434▲3.0% | 990 |
| 2021 | $30,887,387▼9.6% | $19,591,739▲47.8% | $253,958,943▲5.9% | $321,969,429▲8.7% | 990 |
| 2020 | $34,157,132▲78.0% | $13,257,329▼2.6% | $239,701,536▲38.0% | $296,107,277▲40.2% | 990 |
| 2019 | $19,192,021▲32.3% | $13,612,363▼30.7% | $173,738,742▲3.8% | $211,187,187▲22.6% | 990 |
| 2018 | $14,506,436▲72.2% | $19,633,267▲28.9% | $167,346,910▲1.3% | $172,304,089▲2.5% | 990 |
| 2017 | $8,421,971▼70.7% | $15,237,205▼25.0% | $165,197,033▲2.4% | $168,066,770▲3.9% | 990 |
| 2016 | $28,763,866▲61.8% | $20,324,315▲33.0% | $161,249,426▲13.6% | $161,682,442▲13.2% | 990 |
| 2015 | $17,778,329▲35.4% | $15,283,423▲41.9% | $141,942,457▲0.7% | $142,861,503▲0.5% | 990 |
| 2014 | $13,131,162▼22.3% | $10,768,666▼18.2% | $140,977,425▲7.3% | $142,140,109▲4.3% | 990 |
| 2013 | $16,890,140 | $13,156,988▼10.6% | $131,338,519▲14.1% | $136,309,447▲14.1% | 990 |
| 2012 | — | $14,716,314▲56.7% | $115,139,987▲2.7% | $119,491,875▲2.4% | 990 |
| 2011 | — | $9,390,803 | $112,092,371 | $116,731,174 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amanda Weisiger Cornelson | Individual Trustee | 1 | — |
| Amy Klein Aznar | Individual Trustee | 1 | — |
| Anne M Tompkins | Individual Trustee | 1 | — |
| Beth Crigler | President | 12 | — |
| Bo Cauble | Individual Trustee | 1 | — |
| Bryan A Delaney | Vice Chair | 1 | — |
| Charles Simms | Individual Trustee | 1 | — |
| Christopher Chris Moxley | Individual Trustee | 1 | — |
| David H Coble | Individual Trustee | 1 | — |
| Donnie Koonce | Vice Chair | 1 | — |
| Dr Craig R Brown | Individual Trustee | 1 | — |
| Dr Richard Amon | Treasurer | 1 | — |
| Emma S Allen | Individual Trustee | 1 | — |
| Gene B Johnson | Chair | 1 | — |
| George G Kroustalis | Vice Chair | 1 | — |
| Gregory S Ross | Vice Chair | 1 | — |
| Jeffrey Jeff Floyd | Individual Trustee | 1 | — |
| Joe Franco | Individual Trustee | 1 | — |
| Johnathan Hill | Individual Trustee | 1 | — |
| Kerr Y Putney | Individual Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Grotin Group LLC | Construction | $158,726 |
Grants received · $41.5M total
107 grants to The Foundation of the University of North Carolina At Charlotte Inc totaling $41.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $2,371,725 |
| Winston-salem Foundation | 2 grant(s) for varying purposes | 2024 | $1,072,658 |
| Lettie Pate Whitehead Foundation Inc | For nursing and allied health scholarships. | 2024 | $235,000 |
| American Online Giving Foundation Inc | General support | 2024 | $193,658 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $100,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $46,783 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $41,948 |
| American Endowment Foundation | Educational | 2024 | $33,000 |
| National Christian Charitable Foundation | Education | 2024 | $25,000 |
| Greater Horizons | Education | 2024 | $5,615 |
| Foundation For the Carolinas | Charitable gift | 2023 | $4,614,247 |
| Winston-salem Foundation | 2 grant(s) for varying purposes | 2023 | $1,048,158 |
| American Online Giving Foundation Inc | General support | 2023 | $236,380 |
| Lettie Pate Whitehead Foundation Inc | For nursing scholarships. | 2023 | $235,000 |
| Donor Advised Charitable Giving | Education | 2023 | $207,900 |
Grants made · $18.4M in FY2024
1 grant totaling $18.4M in FY2024. All grants made by The Foundation of the University of North Carolina At Charlotte Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| The University of North Carolina At Charlotte | Educational & scientific activities | $18,446,492 |
Frequently asked questions
- Is The Foundation of the University of North Carolina At Charlotte Inc a legitimate nonprofit?
- Yes. The Foundation of the University of North Carolina At Charlotte Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6059417, based in Charlotte, North Carolina. Donations are tax-deductible.
- What is The Foundation of the University of North Carolina At Charlotte Inc's EIN?
- The Foundation of the University of North Carolina At Charlotte Inc's Employer Identification Number (EIN) is 56-6059417.
- How much revenue does The Foundation of the University of North Carolina At Charlotte Inc report?
- The Foundation of the University of North Carolina At Charlotte Inc reported $61,259,638 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Foundation of the University of North Carolina At Charlotte Inc's spending goes to programs?
- The Foundation of the University of North Carolina At Charlotte Inc spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Foundation of the University of North Carolina At Charlotte Inc have?
- CharityIndex grades The Foundation of the University of North Carolina At Charlotte Inc A, based on program efficiency and fundraising cost.
- How much does The Foundation of the University of North Carolina At Charlotte Inc's highest-paid employee make?
- The highest reported compensation on The Foundation of the University of North Carolina At Charlotte Inc's latest Form 990 is $0, paid to Amanda Weisiger Cornelson (Individual Trustee).
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Data for The Foundation of the University of North Carolina At Charlotte Inc (EIN 56-6059417) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.