NonprofitsEducational Foundation Inc

Educational Foundation Inc

CHAPEL HILL, NC

Total revenue

$76.5M

Total expenses

$64.6M

Net assets

$111.9M

Grants received

$104.3M

204 grants

EIN

566058412

Tax year

2023

Mission

See schedule o

Programs

2 programs

Contributions to university of north carolina at chapel hill:contributions to university of north carolina at chapel hill to provide financial assistance to operating budgets for 28 sports, to provide debt service for previous renovations of athletic facilities, to provide assistance with construction of parking facilities on campus, and to provide financial assistance to various other athletic programs and projects.

Expenses: $11.3MGrants: $11.3M

Renovations to the kenan football center, finley golf course renovation, chewning tennis complex, and the women's basketball locker room and office area. Renovations to woollen gym to create a women's practice facility for women's basketball. New videoboard for boshamer stadium and carmichael auditorium. Planning costs for new golf team building. Updates to the softball hitting area, wbb museum, and finley clubhouse. Led lights and ada improvements to the smith center.

Expenses: $19.4MGrants: $19.4M

Financials

FY 2023

Revenue

Contributions & grants$68.9M
Program service revenue
Investment income$7.5M
Other revenue
Total revenue$76.5M

Expenses

Grants paid$46.3M
Salaries & benefits$5.6M
Fundraising$4.0M
Other expenses$12.7M
Total expenses$64.6M
Total assets$223.1M
Net assets$111.9M

People

37 listed

NameRoleCompensation

JOHN MONTGOMERY

EXECUTIVE DIRECTOR

Board

$649K

40 hrs/wk

KEN MACK

SR ASSOC EXEC DIR LEAD GIF

Board

$322K

40 hrs/wk

DIANE ALDRIDGE

CFO & GENERAL COUNSEL

Board

$263K

40 hrs/wk

MATT TERRELL

CHIEF STRATEGY & COMMS OFF

Board

$240K

40 hrs/wk

EMILY COBLE

SENIOR DIRECTOR OF FINANCE

Board

$118K

40 hrs/wk

MICHAEL KENNEDY

EXECUTIVE BOARD MBR

Board

0

AURELIA STAFFORD MONK

EXECUTIVE BOARD MBR

Board

0

TOM CHEWNING

EXECUTIVE BOARD MBR

Board

0

KEN WILLIAMS

EXECUTIVE BOARD MBR

Board

0

LOWRY CAUDILL

EXECUTIVE BOARD MBR

Board

0

FRANK BRENNER

EXECUTIVE BOARD MBR

Board

0

DWIGHT STONE

EXECUTIVE BOARD MBR

Board

0

DON WILLIAMS

PAST CHAIR

Board

0

ALGE CRUMPLER

EXECUTIVE BOARD MBR.

Board

0

MILT PETTY

TREASURER

Board

0

TOM MANN

SECRETARY

Board

0

DAVE BOLIEK

EXECUTIVE BOARD MBR

Board

0

RALPH MEEKINS

EXECUTIVE BOARD MBR

Board

0

MICHAEL ANDREASEN

EXECUTIVE BOARD MBR

Board

0

TODD POPE

EXECUTIVE BOARD MBR

Board

0

SUSAN GROSS

EXECUTIVE BOARD MBR

Board

0

KEITH STONEMAN

EXECUTIVE BOARD MBR

Board

0

ANNE LLOYD

CHAIR

Board

0

DONNA CURTIS MCCLATCHEY

EXECUTIVE BOARD MBR

Board

0

SHARON ROTHWELL

EXECUTIVE BOARD MBR

Board

0

JIM SIGMAN

VICE CHAIR

Board

0

VAUGHN MOORE

EXECUTIVE BOARD MBR

Board

0

DEWEY BURKE

EXECUTIVE BOARD MBR

Board

0

BRIAN GOLSON

EXECUTIVE BOARD MBR

Board

0

ALAN CALDWELL

EXECUTIVE BOARD MBR

Board

0

DON HARDISON

EXECUTIVE BOARD MBR

Board

0

IV CULP

EXECUTIVE BOARD MBR

Board

0

SETH REEVES

CHIEF REVENUE OFFICER

Staff

$262K

40 hrs/wk

ERIC MONTROSS

SENIOR DIR OF PRINCIPAL GIFTS

Staff

$216K

40 hrs/wk

GARY BURNS

SENIOR DIRECTOR OF MAJOR G

Staff

$209K

40 hrs/wk

ELIZABETH MACKETHAN

SENIOR PHILANTHROPY OFFICER

Staff

$190K

40 hrs/wk

EMILY STEVENS

MAJOR GIFTS DIRECTOR

Staff

$190K

40 hrs/wk

Independent contractors

MACCURRACH GOLF CONSTRUCTION

GENERAL CONTRACTORS

$8.2M

TA LOVING COMPANY

GENERAL CONTRACTORS

$8.0M

FRANK L BLUM CONSTRUCTION

GENERAL CONTRACTORS

$7.9M

UNITED RESTAURANT EQUIPMENT

EQUIPMENT

$918K

VISION CONTRACTORS

GENERAL CONTRACTORS

$425K

Grants received

Showing 200 of 204

FromAmountPurposeYear
$403K
CHARITABLE GIFT
2024
$311K
EDUCATIONAL
2024
$108K
COLLEGES AND UNIVERSITIES
2024
$53K
UNRESTRICTED GENERAL SUPPORT
2024
$52K
4 grant(s) for varying purposes
2024
$50K
General & Unrestricted
2024
$38K
VARIOUS PROGRAMS
2024
$7K
GENERAL OPERATIONAL SUPPORT
2024
$5K
GENERAL OPERATIONS
2024
$3K
GENERAL PURPOSE SUPPORT
2024
$3K
UNRESTRICTED GRANT
2024
$2K
GENERAL EXEMPT PURPOSE
2024
$1K
MATCHING GIFTS
2024
$700
PROGRAM SERVICES
2024
$350
General Support
2024
$15.4M
SCHOLARSHIPS
2023
$807K
For grant recipient's exempt purposes
2023
$713K
CHARITABLE GIFT
2023
$417K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$350K
TO FUND SCHOLARSHIPS AND THE MEDIA AND COMMUNICATIONS CENTER.
2023
$310K
EDUCATIONAL
2023
$125K
General Purpose
2023
$100K
CHARITABLE SUPPORT FOR PROGRAMS & OPERATIONS OF THE DONEE ORGANIZATIONS
2023
$78K
VARIOUS PROGRAMS
2023
$40K
UNRESTRICTED GENERAL SUPPORT
2023
$35K
Scholarship EndowmentFund
2023
$32K
CHARITABLE DONATION
2023
$30K
SUPPORT MISSION
2023
$25K
CHARITABLE
2023
$25K
General Purpose
2023
$20K
SUPPORT OF CHARITABLE MISSION
2023
$14K
7 grant(s) for varying purposes
2023
$8K
GENERAL OPERATIONAL SUPPORT
2023
$5K
EXEMPT OPERATING PURPOSE
2023
$5K
UNRESTRICTED CHARITABLE GIFT
2023
$3K
GENERAL PURPOSE SUPPORT
2023
$2K
MATCHING GIFTS
2023
$2K
UNRESTRICTED GRANT
2023
$1K
GENERAL USE
2023
$700
PROGRAM SERVICES
2023
$600
EDUCATION
2023
$50
VOLUNTEER PROGRAM
2023
$14.0M
SCHOLARSHIPS
2022
$401K
CHARITABLE GIFT
2022
$350K
TO FUND SCHOLARSHIPS AND THE MEDIA AND COMMUNICATIONS CENTER.
2022
$302K
EDUCATIONAL
2022
$249K
For grant recipient's exempt purposes
2022
$163K
CHARITABLE SUPPORT FOR PROGRAMS & OPERATIONS OF THE DONEE ORGANIZATIONS
2022
$133K
RESTRICTED - POPE TRACK & FIELD SCHOLARSHIPS
2022
$97K
General Charitable Purposes
2022
$50K
SUPPORT SCHOLARSHIPS AT THE UNIVERSITY OF NORTH CARO
2022
$32K
GENERAL SUPPORT
2022
$28K
SUPPORT MISSION
2022
$21K
GENERAL SUPPORT
2022
$20K
PRACTICE COMPLEX/VICTORY FUND
2022
$20K
SUPPORT OF CHARITABLE MISSION
2022
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$10K
CHARITABLE DONATION
2022
$10K
FOR FINANCIAL ASSISTANCE TO STUDENTS
2022
$10K
Scholarship EndowmentFund
2022
$10K
5 GRANT(S) FOR VARYING PURPOSES
2022
$6K
GENERAL OPERATIONAL SUPPORT
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$3K
GENERAL PURPOSE SUPPORT
2022
$3K
MATCHING GIFTS
2022
$2K
General Charitable Purposes
2022
$2K
GENERAL SUPPORT
2022
$2K
UNRESTRICTED GRANT
2022
$1K
MATCHING GIFTS
2022
$1K
GENERAL USE
2022
$700
PROGRAM SERVICES
2022
$500
GENERAL SUPPORT
2022
$100
EMPLOYEE MATCHING GIFT DONATION
2022
$12.8M
SCHOLARSHIPS
2021
$518K
For grant recipient's exempt purposes
2021
$518K
For grant recipient's exempt purposes
2021
$500K
TO FUND SCHOLARSHIPS AND THE MEDIA AND COMMUNICATIONS CENTER.
2021
$133K
RESTRICTED - TRACK & FIELD SCHOLARSHIPS
2021
$130K
General Purpose
2021
$45K
PRACTICE COMPLEX/VICTORY FUND
2021
$26K
IMPROVING EDUCATIONAL OPPORTUNITIES
2021
$22K
CHARITABLE DONATION
2021
$13K
For recipient's exempt purpose
2021
$7K
ASSISTANCE WITH CHARITABLE ACTIVITIES
2021
$6K
ASSISTANCE WITH CHARITABLE ACTIVITIES
2021
$3K
GENERAL SUPPORT
2021
$2K
GENERAL PURPOSE SUPPORT
2021
$2K
GENERAL SUPPORT
2021
$12.2M
SCHOLARSHIPS
2020
$200K
For grant recipient's exempt purposes
2020
$160K
RENOVATION OF MEN'S BASKETBALL LOCKER ROOMS
2020
$133K
RESTRICTED GRANT-TRACK AND FIELD
2020
$104K
CHARITABLE GIFT
2020
$100K
OPERATIONAL SUPPORT
2020
$64K
General Purpose
2020
$26K
2 GRANT(S) FOR VARYING PURPOSES
2020
$25K
CHARITABLE SUPPORT FOR PROGRAMS & OPERATIONS OF THE DONEE ORGANIZATIONS
2020
$20K
PROGRAM SUPPORT
2020
$15K
GENERAL SUPPORT
2020
$14K
CHARITABLE DONATION
2020
$10K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2020
$10K
EndowmentScholarshipFund
2020
$8K
GENERAL CHARITABLE OPERATIONS
2020
$6K
GENERAL PURPOSE SUPPORT
2020
$6K
GENERAL OPERATIONAL SUPPORT
2020
$6K
ASSISTANCE WITH CHARITABLE ACTIVITIES
2020
$6K
OPERATING BUDGET
2020
$3K
GENERAL SUPPORT
2020
$3K
EMPLOYEE MATCHING GIFTS
2020
$2K
UNRESTRICTED GRANT
2020
$1K
GENERAL USE
2020
$1K
GENERAL SUPPORT
2020
$1K
CHARITABLE ACTIVITIES
2020
$998
GENERAL EXEMPT PURPOSE
2020
$267
GENERAL PURPOSE
2020
$132
GENERAL PURPOSE
2020
$11.7M
SCHOLARSHIPS
2019
$1.1M
RENOVATION OF MEN'S BASKETBALL LOCKER ROOMS
2019
$530K
CHARITABLE SUPPORT FOR PROGRAMS & OPERATIONS OF THE DONEE ORGANIZATIONS
2019
$91K
For grant recipient's exempt purposes
2019
$40K
GENERAL SUPPORT - EDUCATION
2019
$31K
Education
2019
$13K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2019
$6K
GENERAL OPERATIONAL SUPPORT
2019
$3K
GENERAL PURPOSE SUPPORT
2019
$3K
GENERAL SUPPORT
2019
$11.1M
SCHOLARSHIPS
2018
$187K
For grant recipient's exempt purposes
2018
$102K
GENERAL SUPPORT
2018
$45K
General Purpose
2018
$25K
CHARITABLE SUPPORT FOR PROGRAMS & OPERATIONS OF THE DONEE ORGANIZATIONS
2018
$11K
GENERAL SUPPORT
2018
$6K
PROGRAM SERVICES
2018
$6K
CHARITABLE
2018
$3K
GENERAL PURPOSE SUPPORT
2018
$600
PROGRAM/OPERATING SUPPORT
2018
$10.6M
SCHOLARSHIPS
2017
$1.1M
RENOVATION OF MEN'S BASKETBALL LOCKER ROOMS
2017
$72K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$104.3M from 76 funders · 204 grants · 2017–2024

Educational Foundation

$87.8M · 7 grants · 2017–2023

The Maurice J Koury Foundation Inc

$3.5M · 6 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$2.6M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$2.2M · 7 grants · 2017–2023

Foundation For The Carolinas

$1.6M · 4 grants · 2020–2024

American Endowment Foundation

$1.3M · 6 grants · 2020–2024

Greensboro Jewish Federation

$605K · 4 grants · 2017–2020

Vanguard Charitable Endowment Program

$441K · 3 grants · 2021–2023

Details

EIN566058412
Subsection03
Ruling date1939-10
Formed1938
Employees60
Volunteers200
EDUCATIONAL FOUNDATION INC — Mission, Financials & Grants Received | Grantivo