THE FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON Charity Report

Public IRS 990 nonprofit record

THE FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON

EIN 56-6050338 · Education (B43I)

What they do

THE PURPOSE of THE UNCW FOUNDATION, A 501(C)(3) NONPROFIT ORGANIZATION, is to ASSIST THE UNIVERSITY IN SOLICITING and RECEIVING PRIVATE GIFTS to FURTHER EDUCATIONAL PROGRAMS and SCHOLARSHIP OPPORTUNITIES for STUDENTS. THE UNIVERSITY is THE FOUNDATIONS SOLE BENEFICIARY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

61.22%of revenue went to mission work80.4% of expenses · Program services

8.69%of revenue went to fundraising11.4% of expenses

$76.15spent for every $100 of revenueRevenue covered expenses this year.

6.25%of revenue went to management and office costs8.2% of expenses

$28.21in assets for every $1 spent this yearSome assets cannot be spent right away.

13.9%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $52,323 for MILES LACKEY (TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$542,511

Mission workProgram services$332,10261.22% of revenue80.4% of expenses

ManagementOffice and general costs$33,8976.25% of revenue8.2% of expenses

FundraisingAsking for donations$47,1228.69% of revenue11.4% of expenses

Revenue left after expensesReported annual surplus$129,39023.85% of revenueShown in gray on the chart

Total expenses$413,12176.15% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.4% mission · 8.2% management · 11.4% fundraisingTotal expenses: 76.15% of revenue

2023Expense mix: 68.9% mission · 15.4% management · 15.7% fundraisingTotal expenses: 45.47% of revenue

2022Expense mix: 73.0% mission · 12.0% management · 15.0% fundraisingTotal expenses: 94.51% of revenue

2021Expense mix: 69.7% mission · 16.5% management · 13.8% fundraisingTotal expenses: 41.26% of revenue

2020Expense mix: 95.5% mission · 2.4% management · 2.2% fundraisingTotal expenses: 278.80% of revenue

2019Expense mix: 73.9% mission · 14.7% management · 11.5% fundraisingTotal expenses: 12.63% of revenue

2018Expense mix: 85.3% mission · 7.5% management · 7.1% fundraisingRevenue comparison unavailable

2017Expense mix: 84.7% mission · 8.2% management · 7.2% fundraisingTotal expenses: 406.29% of revenue

Money in and money out

Revenue$542,511

Expenses$413,121

Annual surplus $129,390 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$332,102 · 80.4% of expenses

Management and office costs$33,897 · 8.2% of expenses

Fundraising$47,122 · 11.4% of expenses

See all reported dollar amounts

Revenue$542,511

Expenses$413,121

Assets$11,652,830

Income$1,995,131

Contributions$75,394

Mission work (program services)$332,102

Fundraising$47,122

Grants given$2,876,558

Average grant$359,570

Management and general$33,897

Stocks and bonds$3,022,523

Accounting fees$9,300

Investing fees$22,543

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MILES LACKEYTREASURER · 1 hrs/week $52,323Base · Other $52,323

MELISSA KENNEDYSECRETARY · 1 hrs/week $47,270Base · Other $47,270

EDDIE STUARTEXECUTIVE DIRECTOR · 1 hrs/week $46,916Base · Other $46,916

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

MILES LACKEYTREASURER

MELISSA KENNEDYSECRETARY

EDDIE STUARTEXECUTIVE DIRECTOR

LINDA B SAYEDCHAIR

YVONNE W KIDDDIRECTOR

WILMA W DANIELSDIRECTOR

SANDRA SPIERSVICE CHAIR

PHILIP BROWNDIRECTOR

MAX T COFFEYDIRECTOR

MARTIN B MEYERSONDIRECTOR

MARIAN WRIGHTDIRECTOR

MARGARET ROBINSONDIRECTOR

MARCELA LAURIA-WHITEDIRECTOR

ALISON BARINGERDIRECTOR

KIMBERLY NELSONDIRECTOR

JUDY R THARPDIRECTOR

JOSEPH S WELLSDIRECTOR

JOSEPH S PERKINSDIRECTOR

JOSEPH KITTINGERDIRECTOR

JENNIFER B MERTUSDIRECTOR

HOWARD M STEINDIRECTOR

HOLLY G GRANGEDIRECTOR

GABRIEL RICHDIRECTOR

CRAIG DAVISDIRECTOR

About this charity

Recognized since: January 1966
Location: 601 SOUTH COLLEGE ROAD BOX 5990, WILMINGTON, NC 28403-3201
County: New Hanover
In care of: MILES LACKEY
Primary officer: MILES LACKEY, TREASURER

How to reach them

Phone(910) 962-2515

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BERNARD ROBINSON & COMPANY LLP
NTEE classification: Education (B43I)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes