Unc Health Foundation Inc
79% goes to programs $10 to raise $100 Strong reserves Declining revenue
Unc Health Foundation Inc is a 501(c)(3) organization based in Chapel Hill, North Carolina, registered in 1951, with $71,635,095 in FY2024 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
123 W Franklin St Ste 510, Chapel Hill, NC, 27516 EIN 56-6057494 Since 1951
Revenue (FY2024)
$71.6M
▲ 13.8% vs prior year
Education median: $200K
Expenses (FY2024)
$59.0M
Net assets
$683.8M
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
AProgram efficiency40% of the rating79% to programs · $10 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 Unc Health Foundation Inc: 79% to programs · $10 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating139 mo reserves · +18% 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 Unc Health Foundation Inc: 139 mo reserves · +18% 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 Unc Health Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Unc Health Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The unc health foundation, inc. secures financial resources for the unc school of medicine and unc health to support the highest quality clinical care, life-changing research and innovative education.
Contact & location
- Address
- 123 W Franklin St Ste 510, Chapel Hill, NC, 27516
- City
- Chapel Hill
- State
- North Carolina
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $30.2M (FY2013) to $71.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.8MNet assets $683.8M
Operating margin
17.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$687.7M
Total liabilities
$3.8M
Net assets
$683.8M
Salaries & benefits
$5.9M
10% of expenses
Board members
35
34 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $71,635,095▲13.8% | $58,974,890▼9.7% | $683,828,120▲9.6% | $687,650,728▲9.2% | 990 |
| 2023 | $62,934,826▲8.9% | $65,312,422▲9.6% | $623,952,236▲8.8% | $629,790,542▲8.8% | 990 |
| 2022 | $57,795,670▼37.3% | $59,596,819▲50.2% | $573,570,565▲1.3% | $578,700,034▲1.2% | 990 |
| 2021 | $92,147,897▲28.7% | $39,678,471▲27.3% | $566,464,039▲5.3% | $571,825,040▲5.9% | 990 |
| 2020 | $71,596,101▲9.6% | $31,167,485▲10.1% | $538,126,734▲35.4% | $539,743,727▲35.4% | 990 |
| 2018 | $65,309,666▲53.7% | $28,306,892▼5.3% | $397,493,699▲13.9% | $398,675,641▲13.8% | 990 |
| 2017 | $42,494,729▲45.4% | $29,876,897▲14.2% | $349,063,638▲10.6% | $350,385,692▲10.7% | 990 |
| 2016 | $29,228,729▲0.1% | $26,158,725▲42.2% | $315,568,931▲10.5% | $316,508,243▲10.5% | 990 |
| 2015 | $29,202,852▼27.3% | $18,393,685▲1.3% | $285,661,578▲2.0% | $286,416,118▲1.9% | 990 |
| 2014 | $40,181,123▲33.0% | $18,150,600▼9.1% | $280,154,054▲9.3% | $281,044,630▲9.5% | 990 |
| 2013 | $30,209,133 | $19,961,750▼1.2% | $256,244,475▲12.3% | $256,649,235▲12.3% | 990 |
| 2012 | — | $20,211,688▲1.2% | $228,168,407▲7.3% | $228,522,001▲7.1% | 990 |
| 2011 | — | $19,971,702▼19.3% | $212,728,162▼1.2% | $213,418,602▼1.2% | 990 |
| 2010 | — | $24,753,067▲27.8% | $215,397,046▲7.4% | $215,913,454▲7.0% | 990 |
| 2009 | — | $19,370,700 | $200,578,150 | $201,713,072 | 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)
Highest-paid: Leslie H Nelson-bernier — $484,031 (0.82% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Leslie H Nelson-bernier | Chief Philanthropy & Pres | 40 | $484,031 |
| Martin Alexander Baucom | Vp, Transformational Giving | 40 | $277,516 |
| Kara Raynor | Vp For Philanthropy | 40 | $245,479 |
| Jon Angier | Cfo | 40 | $236,721 |
| Elizabeth H Gall | Avp For Philanthropy | 40 | $227,643 |
| Allison Smith | Exec Director, Development | 40 | $218,880 |
| Jodi Robinette | Vp, Donor Experience | 40 | $205,896 |
| Dr Cam Enarson Mba | Director | 1 | — |
| Dr Fred M Dula | Director | 1 | — |
| Dr John A Kirkland Jr | Director | 1 | — |
| Dr Stephanie Davis | Director | 1 | — |
| Dr Terri Phillips | Director | 1 | — |
| Mr Blair Shwedo Jr | Director | 1 | — |
| Mr Bob Winston | Director | 1 | — |
| Mr Bryan Lewis | Director | 1 | — |
| Mr Buzz Heidt | Director - Treasurer | 1 | — |
| Mr Daniel Duffy | Director | 1 | — |
| Mr Ed Mcmahan | Director | 1 | — |
| Mr Edward Holmes | Director | 1 | — |
| Mr E Hooper Hardison Jr | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Community Counselling Service Co LLC | Strategic Consulting | $573,525 |
Grants received · $82.1M total
211 grants to Unc Health Foundation Inc totaling $82.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Novant Health Inc | Academic and clinical support | 2024 | $16,390,905 |
| Columbus Foundation | Health | 2024 | $560,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $500,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $355,000 |
| St Louis Community Foundation Incorporated | Contribution to the alpha gal allergy research fund- 346049 | 2024 | $100,000 |
| National Christian Charitable Foundation | Medical care | 2024 | $57,750 |
| American Online Giving Foundation Inc | General support | 2024 | $56,993 |
| Winston-salem Foundation | 16 grant(s) for varying purposes | 2024 | $34,102 |
| North Carolina Community Foundation Inc | To support the organization's stated mission | 2024 | $33,250 |
| Foundation For the Carolinas | Charitable gift | 2024 | $30,000 |
| Tulsa Community Foundation | General operations | 2024 | $30,000 |
| American Endowment Foundation | Educational | 2024 | $23,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $17,041 |
| The Community Foundation For Greater Atlanta Inc | Education | 2024 | $10,000 |
| North Carolina Community Foundation Inc | To support the organization's stated mission | 2024 | $7,081 |
Grants made · $43.3M in FY2024
2 grants totaling $43.3M in FY2024. All grants made by Unc Health Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of North Carolina At Chapel Hill | See part iv | $40,736,124 |
| University of North Carolina Health Care System | See part iv | $2,578,109 |
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Frequently asked questions
- Is Unc Health Foundation Inc a legitimate nonprofit?
- Yes. Unc Health Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6057494, based in Chapel Hill, North Carolina. Donations are tax-deductible.
- What is Unc Health Foundation Inc's EIN?
- Unc Health Foundation Inc's Employer Identification Number (EIN) is 56-6057494.
- How much revenue does Unc Health Foundation Inc report?
- Unc Health Foundation Inc reported $71,635,095 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Unc Health Foundation Inc's spending goes to programs?
- Unc Health Foundation Inc spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Unc Health Foundation Inc have?
- CharityIndex grades Unc Health Foundation Inc A, based on program efficiency and fundraising cost.
- How much does Unc Health Foundation Inc's highest-paid employee make?
- The highest reported compensation on Unc Health Foundation Inc's latest Form 990 is $484,031, paid to Leslie H Nelson-bernier (Chief Philanthropy & Pres).
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Data for Unc Health Foundation Inc (EIN 56-6057494) 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.