2023-11-15T13:53:36-06:00 2023-06-30 135565207 KPMG LLP 500 W 5TH ST STE 800 WINSTONSALEM NC 27101 990 2022-07-01 566057494 UNC HEALTH FOUNDATION INC UNCH 9199661201 123 W FRANKLIN STREET 510 CHAPEL HILL NC 27516 JON ANGIER CHIEF FINANCIAL OFFICER 9199661201 2023-11-15 1 JON ANGIER XXX-XX-XXXX 0 SHAWN HUTCHINSON P01048557 3362753394 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JON ANGIER 123 W FRANKLIN ST STE CHAPEL HILL NC 27516 73382167 0 X WWW.UNCHEALTHFOUNDATION.ORG X 1949 NC 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. 28 28 0 50 0 0 81830451 49833230 0 0 9303808 6046510 1013638 1915930 92147897 57795670 31849087 50174193 0 0 3034576 3634652 0 0 4946235 4794808 5787974 39678471 59596819 52469426 -1801149 571825040 578700034 5361001 5129469 566464039 573570565 X 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. 0 0 50174193 50174193 2073002 ORIGINALLY CHARTERED IN 1949 AS THE MEDICAL FOUNDATION OF NORTH CLINICAL INC., UNC HEALTH FOUNDATION FOSTERS PHILANTHROPIC SUPPORT OF CLINICAL CARE, RESEARCH AND EDUCATION FOR AREAS ACROSS UNC HEALTH, INCLUDING UNC LINEBERGER COMPREHENSIVE CANCER CENTER, UNC CHILDREN'S, THE UNC SCHOOL OF MEDICINE AND MANY OTHER DIVISIONS, CENTERS AND INSTITUTES.AT UNC HEALTH FOUNDATION, WE WORK DILIGENTLY FOR THE MEDICALPROFESSIONALS AND HEALTH CARE PROVIDERS WHO IMPROVE HEALTH FOR ALL. WE POWER PHILANTHROPY TO SUPPORT THE HIGHEST QUALITY CLINICAL CARE, LIFE-CHANGING RESEARCH AND INNOVATIVE EDUCATION AT HOME AND AROUND THE WORLD.IN THE PAST FISCAL YEAR, THE FOUNDATION RECEIVED MORE THAN 28,000 GIFTS FROM OVER 12,000 DONORS. CULTIVATION AND STEWARDSHIP PROGRAMS ACROSS THE FOUNDATION INCLUDE RECOGNITION SOCIETIES, DONOR WALLS, ANNUAL REPORTS AND ENDOWMENT IMPACT REPORTS. THE DEVELOPMENT STAFF PERSONALLY ENGAGED WITH DONORS THROUGH PHONE CALLS AND VISITS, ALSO CULTIVATING RELATIONSHIPS THROUGH OUTREACH PROGRAMS AND EVENTS, BOTH ON AND OFF CAMPUS.THE UNC HEALTH FOUNDATION MANAGES OVER 1500 FUNDS, COMPRISED OF ENDOWED, RESTRICTED AND UNRESTRICTED ACCOUNTS. THESE FUNDS SUPPORT THE EXISTING AND EMERGING NEEDS OF UNC HEALTH: RESEARCH, PATIENT CARE AND FAMILY SUPPORT, AND SCHOLARSHIPS.THE PHYSICIANS, SCIENTISTS AND RESEARCHERS AT UNC HEALTH CONSTANTLY STRIVE TO DISCOVER BETTER WAYS TO CARE FOR PATIENTS THROUGH PREVENTING AND TREATING DISEASE. THE FUNDS RAISED BY UNC HEALTH ARE ESSENTIAL TO THE CONTINUED SUCCESS AND PROJECTED NEED FOR BETTER ACCESS TO CARE, BETTER TREATMENTS AND BETTER OUTCOMES. 50174193 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 144 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JON ANGIER 9199669692 123 W FRANKLIN STREET SUITE 510 HILL NC 27516 X DR STEPHANIE DAVIS DIRECTOR 1.00 0.00 X 0 0 0 DR FRED M DULA DIRECTOR 1.00 0.00 X 0 0 0 MR R GORDON GRUBB DIRECTOR 1.00 0.00 X 0 0 0 MR D RUSSELL HARRIS DIRECTOR 1.00 0.00 X 0 0 0 MR J CARLTON SHOWALTER DIRECTOR 1.00 0.00 X 0 0 0 MS KAREN ALBRITTON DIRECTOR 1.00 0.00 X 0 0 0 DR CAM ENARSON MBA DIRECTOR 1.00 0.00 X 0 0 0 MR E HOOPER HARDISON JR DIRECTOR 1.00 0.00 X 0 0 0 MR VICTOR KATS DIRECTOR 1.00 0.00 X 0 0 0 MR ED MCMAHAN DIRECTOR 1.00 0.00 X 0 0 0 MS BILLIE STALLINGS DIRECTOR 1.00 0.00 X 0 0 0 MR RONALD A BATCHELOR DIRECTOR 1.00 0.00 X 0 0 0 MS MELISSA DANIELS DIRECTOR 1.00 0.00 X 0 0 0 MR BUZZ HEIDT DIRECTOR - TREASURER 1.00 0.00 X X 0 0 0 MR RICHARD H MOORE DIRECTOR 1.00 0.00 X 0 0 0 DR JOHN A KIRKLAND JR DIRECTOR - BOARD CHAIR 1.00 0.00 X X 0 0 0 MS ANNE POWELL DIRECTOR 1.00 0.00 X 0 0 0 MR GRAY REED DIRECTOR 1.00 0.00 X 0 0 0 MR SAM SIMPSON DIRECTOR 1.00 0.00 X 0 0 0 DR LISA GILLESPIE DIRECTOR 1.00 0.00 X 0 0 0 MS MARGARET DE ST AUBIN DIRECTOR 1.00 0.00 X 0 0 0 MS SHAWNA CANNON LEMON DIRECTOR 1.00 0.00 X 0 0 0 MR BRYAN LEWIS DIRECTOR 1.00 0.00 X 0 0 0 MS JOYCE POPE DIRECTOR 1.00 0.00 X 0 0 0 MS MACHELLE SANDERS DIRECTOR 1.00 0.00 X 0 0 0 MR LINDSAY SEWELL DIRECTOR 1.00 0.00 X 0 0 0 DR TERRI PHILLIPS DIRECTOR 1.00 0.00 X 0 0 0 MR STEVE SKOLSKY DIRECTOR 1.00 0.00 X 0 0 0 LESLIE H NELSON-BERNIER CHIEF PHILANTHROPY & PRES 40.00 0.00 X 343376 0 64156 LEE ANTHONY WAGNER CFO & ASST. TREASURER 40.00 0.00 X 147831 0 25612 JODI AMBER ROBINETTE SNR DIR OF DONOR EXPERIENC 40.00 0.00 X 162003 0 47101 MARTIN ALEXANDER BAUCOM VP FOR DEVELOPMENT 40.00 0.00 X 253381 0 41562 ELI JORDFALD EX DIR HEALTHCARE PHILANTH 40.00 0.00 X 163151 0 29512 KEELA CASEY LYON SNR EX DIR DEVELOP & COMM 1.00 0.00 X 163151 0 29512 ELIZABETH H GALL SNR EX DIR DEVELOP & COMM 1.00 0.00 X 214698 0 36385 1447591 0 273840 14 0 1 1 COMMUNITY COUNSELLING SERVICE CO LLC 527 MADISON AVENUE 5TH FL NEW YORK NY 10022 STRATEGIC CONSULTING 370000 1 934662 48898568 6142430 49833230 6598633 6598633 14594793 15146916 -552123 -552123 -552123 282509 934662 439581 -157072 -157072 MISC. REVENUE 2073002 2073002 2073002 57795670 2073002 0 5889438 46737969 46737969 3436224 3436224 411734 411734 2307243 1472674 834569 383362 296548 86814 350230 228726 121504 182083 125644 56439 46604 46604 72510 72510 857344 510112 347232 836428 232060 604368 182287 113824 68463 616961 606795 10166 143271 11008 132263 396258 106095 290163 80312 80312 38695 37058 1637 DEVELOPMENT ASSESSMENT 2315623 2315623 MISCELLANEOUS 201681 124687 76994 59596819 50174193 4476391 4946235 27636944 33323232 45516648 39555862 695161 384538 358544 310623 131569460 139157571 359601184 358576888 7142260 7775858 571825040 578700034 1775029 2023817 3585972 3105652 5361001 5129469 X 25735724 26837612 540728315 546732953 566464039 573570565 571825040 578700034 X -1801149 8796424 111251 X 0 1 X 1 0 X 55083145 26248664 50568460 81830451 49833230 263563950 3102488 4251983 2744476 2981232 3957352 17037531 58185633 30500647 53312936 84811683 53790582 280601481 41346218 239255263 4579485 5443320 5747147 9929579 6598633 32298164 702165 651801 719946 1013638 2355511 5443061 318342706 0.75160 0.85350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 326660125 13589612 6825461 15889437 331185761 336785442 10834377 -8777299 12182395 326660125 247066527 12248008 87778660 10307753 336785442 234797526 15218140 8848259 11797398 247066527 215080882 1748703 13875471 5877530 224827526 0.03880 0.49250 0.46870 0 0 695161 384538 310623 310623 INVESTMENTS-UNCIF 244574986 F ALT. INVESTMENTS 49246246 F GOVERNMENT SECURITIES 41314367 F ANNUITY CONTRACTS 14213603 F COMMON STOCK 9227686 F 358576888 LIABILITIES UNDER CHARITABLE REMAINDER TRUSTS 52218 OPERATING LEASE LIABILITY 3053434 3105652 X 71100278 8796424 3957352 111251 12865027 58235251 -439581 -439581 57795670 63993752 3957352 439581 4396933 59596819 0 59596819 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS ENDOWMENT FUNDS ARE USED FOR MEDICAL EDUCATION, FACULTY SUPPORT, PATIENT ASSISTANCE AND RESEARCH. PART X, LINE 2: FIN 48 DISCLOSURE THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), EXCEPT ON INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. AT JUNE 30, 2023 AND 2022, THE FOUNDATION HAS NOT RECORDED ANY TAX LIABILITIES. THE FOUNDATION REVIEWS ITS TAX POSITIONS ANNUALLY AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS AT JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 111,251. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -439,581. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 439,581. GOLF TOURNAMENT 657971 459972 197999 276115 DESIGN WORKSHOP 115080 95805 19275 32253 6 444120 378885 65235 26814 104399 1217171 934662 282509 26814 412767 439581 -157072 1 UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL 209 SOUTH RD CHAPEL HILL NC 27599 566001393 501(C)(3) 46048008 0 N/A N/A SEE PART IV UNIVERSITY OF NORTH CAROLINA HEALTH CARE SYSTEM 101 MANNING DRIVE CHAPEL HILL NC 27514 562206970 501(C)(3) 689961 0 N/A N/A SEE PART IV 2 SCHOLARSHIPS AND AWARDS 634 3436224 N/A N/A PART I, LINE 2: MONITORING THE USE OF GRANT FUNDS MANAGEMENT AT THE UNC HEALTH FOUNDATION AND THE UNC-CH SCHOOL OF MEDICINE/UNC HOSPITALS ARE RESPONSIBLE FOR APPROVING AND MAINTAINING SUPPORTING DOCUMENTATION OF GRANT REQUESTS AND DISBURSEMENTS. SCHEDULE I, PART II, COLUMN H: PURPOSE OF GRANT OR ASSISTANCE SUPPORT EDUCATIONAL, RESEARCH AND PATIENT CARE EFFORTS OF THE UNC-CH SCHOOL OF MEDICINE AND UNC HOSPITALS. 0 0 0 0 0 0 0 0 0 LESLIE H NELSON-BERNIER CHIEF PHILANTHROPY & PRES 343376 0 0 0 0 0 45970 0 18186 0 407532 0 0 0 MARTIN ALEXANDER BAUCOM VP FOR DEVELOPMENT 241556 0 11825 0 0 0 33851 0 7711 0 294943 0 0 0 ELIZABETH H GALL SNR EX DIR DEVELOP & COMM 204755 0 9943 0 0 0 28674 0 7711 0 251083 0 0 0 JODI AMBER ROBINETTE SNR DIR OF DONOR EXPERIENC 154348 0 7655 0 0 0 39390 0 7711 0 209104 0 0 0 ELI JORDFALD EX DIR HEALTHCARE PHILANTH 155496 0 7655 0 0 0 21801 0 7711 0 192663 0 0 0 KEELA CASEY LYON SNR EX DIR DEVELOP & COMM 155496 0 7655 0 0 0 21801 0 7711 0 192663 0 0 0 LEE ANTHONY WAGNER CFO & ASST. TREASURER 147831 0 0 0 0 0 19574 0 6038 0 173443 0 0 0 SCHEDULE J, PART II: UNRELATED ORGANIZATION COMPENSATION THE ORGANIZATION EMPLOYEES RECEIVE COMPENSATION AND BENEFITS FROM THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL AND UNC HEALTH, AN UNRELATED ORGANIZATION PER 990 INSTRUCTIONS. THEIR COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE PAY AND EMPLOYEE BENEFIT PRACTICES OF THE NORTH CAROLINA STATE GOVERNMENT. UNC HEALTH HR ALSO DOES AN ANNUAL MARKET SURVEY TO DETERMINE COMPENSATION. THE EXECUTIVE COMMITTEE AND FOUNDATION PRESIDENT REVIEWED IT IS AT OR BELOW THE LOCAL MARKET RATE OF OTHER COMPARABLE NON-PROFIT ORGANIZATIONS. THE FOUNDATION PROVIDED COMPENSATION INFORMATION TO THE EXECUTIVE COMMITTEE TO REVIEW FOR FY2023. COMPARATIVE BENCHMARKS WERE PROVIDED FROM THE AAMC AND UNIVERSITY OF NORTH CAROLINA THAT WERE COMPARED TO ACTUAL SALARIES PAID. IT WAS DETERMINED THAT THE SALARIES WERE IN LINE WITH THE BENCHMARKS. X 69 6142430 FMV 0 1 1 PART I, LINE 32B: THIRD PARTY UTILIZED THE FOUNDATION UTILIZES EXTERNAL BROKERS TO PROCESS AND SELL DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 THE FOUNDATION'S FORM 990 IS POSTED TO A SECURE PORTAL ON ITS WEBSITE AND AVAILABLE FOR REVIEW BY ALL BOARD MEMBERS FOR APPROXIMATELY FIVE BUSINESS DAYS BEFORE THE RETURN IS FILED WITH THE IRS. THE FOUNDATION'S AUDIT COMMITTEE REVIEWS THE FORM 990 WITH THE FOUNDATION'S OUTSIDE AUDITORS, AND, UPON APPROVAL BY THE AUDIT COMMITTEE, THE FINAL FORM 990 IS SUBMITTED FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE FOUNDATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. ALL BOARD MEMBERS ARE REQUESTED TO COMPLETE AND SIGN A CONFLICT-OF-INTEREST POLICY FORM ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED, AND THE FOUNDATION HAS POLICIES AND PROCEDURES IN PLACE TO ENSURE BOARD COMPLIANCE WITH CONFLICT-OF-INTEREST RESPONSES. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING COMPENSATION EMPLOYEES OF THE UNC HEALTH FOUNDATION ARE LEASED FROM THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL AND FROM UNC HEALTH. THEIR COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE PAY AND EMPLOYEE BENEFIT PRACTICES OF THE NORTH CAROLINA STATE GOVERNMENT. UNC HEALTH HR ALSO DOES AN ANNUAL MARKET SURVEY TO DETERMINE COMPENSATION. THE EXECUTIVE COMMITTEE AND FOUNDATION PRESIDENT REVIEWED THE COMPENSATION PAID TO EACH FOUNDATION EMPLOYEE AND DETERMINED THAT IT IS AT OR BELOW THE LOCAL MARKET RATE OF OTHER COMPARABLE NON-PROFIT ORGANIZATIONS. THE FOUNDATION PROVIDED COMPENSATION INFORMATION TO THE EXECUTIVE COMMITTEE TO REVIEW FOR FY23. COMPARATIVE BENCHMARKS WERE PROVIDED FROM THE AAMC AND UNIVERSITY OF NORTH CAROLINA THAT WERE COMPARED TO ACTUAL SALARIES PAID. IT WAS DETERMINED THAT THE SALARIES WERE IN LINE WITH THE BENCHMARKS. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO PUBLIC IT IS NOT PART OF THE UNC HEALTH FOUNDATION'S WRITTEN POLICIES TO MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A: COMPENSATION INFORMATION SALARIES, PAYROLL TAXES AND BENEFITS FOR THE UNC HEALTH FOUNDATION EMPLOYEES ARE PAID BY THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL (THE UNIVERSITY) AND BY UNC HEALTH. THE FOUNDATION REIMBURSES THE UNIVERSITY AND UNC HEALTH FOR A PORTION OF THESE PERSONNEL COSTS. THE REMAINDER OF SALARIES, PAYROLL TAXES AND BENEFITS ARE CONTRIBUTED SERVICES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 111,251. GROVER C DALE MD MEDICAL RESEARCH TRUST 123 W FRANKLIN STREET SUITE CHAPEL HILL NC 27516 311474626 RESEARCH NC 501(C)(3) 12 UNC HEALTH 1 GROVER C DALE MD SCHOLARSHIP TRUST 123 W FRANKLIN STREET SUITE CHAPEL HILL NC 27516 311474625 SCHOLARSHIPS NC 501(C)(3) 12 UNC HEALTH 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NA