2024-05-15T08:06:29-05:00 2023-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2022-07-01 237138921 EAST CAROLINA UNIVERSITY MEDICAL & HEALTH SCIENCES FOUNDATION INC EAST 2528475626 690 MEDICAL DRIVE GREENVILLE NC 27835 SCOTT SENATORE PRESIDENT 2528475626 2024-05-13 1 SCOTT SENATORE 999009999 0 JOHN M ROBINSON P01281319 3362944494 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ECU HEALTH FOUNDATION SCOTT SENATORE 690 MEDICAL DRIVE GREENVILLE NC 27835 13397349 0 X WWW.ECU.EDU/MHSFOUNDATION X 1969 NC THE FOUNDATION EXISTS FOR THE PURPOSES OF SUPPORTING AND PROMOTING THE EDUCATIONAL AND CHARITABLE PURPOSES AND THE LAWFUL ACTIVITIES OF THE ECU HEALTH SCIENCES CAMPUS. 27 25 0 55 0 0 6585869 3314455 132614 101663 146216 1858953 197688 197690 7062387 5472761 1439442 2292813 0 0 0 0 0 0 569734 2099848 2825766 3539290 5118579 3523097 354182 78750982 77419490 570265 555474 78180717 76864016 THE FOUNDATION EXISTS FOR THE PURPOSES OF SUPPORTING AND PROMOTING THE EDUCATIONAL AND CHARITABLE PURPOSES AND THE LAWFUL ACTIVITIES OF THE ECU HEALTH SCIENCES CAMPUS. 0 0 1297017 1254323 SCHOLARSHIPS AND AWARDS - AWARDS ARE GIVEN TO QUALIFYING STUDENTS AND RESIDENTS TO ENABLE THEM TO ATTAIN A QUALITY EDUCATION OF HIGHER LEARNING OR TO RECOGNIZE THEM FOR ACHIEVEMENTS IN EDUCATION OR RESEARCH. 1610835 683080 85640 PROGRAM AND FACULTY SUPPORT - THE FOUNDATION PROVIDES SUPPORT TO VARIOUS PROGRAMS AND DEPARTMENTS FOR THE SCHOOLS OF MEDICINE AND DENTAL MEDICINE, COLLEGES OF NURSING AND ALLIED HEALTH SCIENCES, AND THE LAUPUS LIBRARY. 1402366 355410 16023 RESEARCH, CLINICAL AND EDUCATION - AID AND SUPPORT ARE GIVEN TO STUDENTS, PROFESSORS, AND RESIDENTS FOR THEIR RESEARCH IN FIELDS OF MEDICAL SCIENCE. THE FOUNDATION ALSO PROVIDES SUPPORT FOR EDUCATIONAL ACTIVITIES TO STUDENTS AND THE COMMUNITY AND TO PROVIDE CARE TO PATIENTS AT UNIVERSITY MEDICAL AND DENTAL CLINICS. 4310218 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 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 0 1 0 1 32 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 25 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X X JOEL B STOCKS 2527442077 600 MOYE BLVD MAIL STOP 614 GREENVILLE NC 27834 DAVID J WHICHARD III CHAIR 1.00 X X 0 0 0 WILLIAM P FRANKLIN JR VICE CHAIR 1.00 X X 0 0 0 DEANNA M BOYETTE SECRETARY 1.00 X X 0 0 0 WILLIAM C BRODY TREASURER 1.00 X X 0 0 0 RICK L BARE DIRECTOR 1.00 X 0 0 0 CASSANDRA B BURT DIRECTOR 1.00 X 0 0 0 PAUL R G CUNNINGHAM DIRECTOR 1.00 X 0 0 0 TAYLOR B DUCK DIRECTOR 1.00 X 0 0 0 EUGENE D FALLER DIRECTOR 1.00 X 0 0 0 R SCOTT GRIFFIN DIRECTOR 1.00 X 0 0 0 BENJAMIN V HARDY DIRECTOR 1.00 X 0 0 0 JOSEPH S JENKINS DIRECTOR 1.00 X 0 0 0 VINCENT R JONES DIRECTOR 1.00 X 0 0 0 J TODD KORNEGAY DIRECTOR 1.00 X 0 0 0 DASHA E LITTLE DIRECTOR 1.00 X 0 0 0 KATHERINE H MACKEY DIRECTOR 1.00 X 0 0 0 JULIUS Q MALLETTE DIRECTOR 1.00 X 0 0 0 UDAY N REEBYE DIRECTOR 1.00 X 0 0 0 THOMAS L SOUTHERN DIRECTOR 1.00 X 0 0 0 LEWIS R STRICKLAND DIRECTOR 1.00 X 0 0 0 JONATHAN G TAFT DIRECTOR 1.00 X 0 0 0 PHILLIP Z TIMMONS DIRECTOR 1.00 X 0 0 0 WILLIAM W TRUSLOW DIRECTOR 1.00 X 0 0 0 KATHRYN H WALKER DIRECTOR 1.00 X 0 0 0 DAVID L WARD JR DIRECTOR 1.00 X 0 0 0 HEBER W WINDLEY III DIRECTOR 1.00 X 0 0 0 KEVIN B YOUNGS DIRECTOR 1.00 X 0 0 0 STEPHANIE M COLEMAN DIRECTOR/VICE CHANCEL 1.00 40.00 X 0 286332 84494 PHILIP G ROGERS DIRECTOR/CHANCELLOR 1.00 40.00 X 0 424120 248224 HERBERT G GARRISON III PRESIDENT 35.00 5.00 X 0 323781 50827 JOEL B STOCKS EXECUTIVE TREASURER 1.00 40.00 X 0 122311 35961 SCOTT S SENATORE PRESIDENT 35.00 5.00 X 0 0 0 GARY R VANDERPOOL FORMER EXECUTIVE TREASURER 1.00 40.00 X 0 147213 20291 0 1303757 439797 0 1 1 0 0 12682 467908 2833865 150961 3314455 LEADERSHIP PROGRAM INITIATIVE 611710 60000 60000 OTHER PROGRAM SERVICE REVENUE 611710 22014 22014 REGISTRATION FEES 611710 12415 12415 CONTRACTUAL EDUCATION SUPPORT 611710 7234 7234 101663 245782 245782 197690 0 197690 197690 197690 9534077 7920906 1613171 1613171 1613171 3682 12682 3682 0 5472761 101663 0 2056643 X 1020460 1020460 1272353 1272353 5375 5375 17300 17300 722 722 1456028 847568 152381 456079 54342 34314 1371 18657 354876 319252 4084 31540 31564 27899 3665 17794 17794 154476 143990 283 10203 1619 1619 2350 2350 20669 1713 18956 FOOD PRODUCTS 338011 286522 5997 45492 CLINICAL AND RESEARCH E 168533 168533 EDUCATIONAL EXPENSES 50495 50495 ACKNOWLEDGEMENT AND REC 41428 35440 5988 110184 99329 10699 156 5118579 4310218 238627 569734 3648912 3441693 2289066 1892398 12727 7973 2758526 46804 2714072 2711722 8154484 244 59057997 66622679 2873724 2742781 78750982 77419490 188046 196695 6800 8700 375419 350079 570265 555474 X 20723240 20219052 57457477 56644964 78180717 76864016 78750982 77419490 X 354182 -1691451 20568 X 0 1 X 1 0 X 2451736 4816242 4787277 6582741 3309455 21947451 1678923 1381788 1255554 1231787 1129252 6677304 4130659 6198030 6042831 7814528 4438707 28624755 3008399 25616356 293884 298245 284794 428242 443472 1748637 3444 9132 2537 12426 3682 31221 30404613 489100 0.84250 0.83990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 389357 X X X 0 43428421 953031 115718 641373 -85131 311592 43629336 43135508 1777512 -479538 603044 80865 321152 43428421 32589665 1156363 10888387 530054 681829 287024 43135508 31182925 1784700 577922 547688 130851 277343 32589665 29592199 667586 1632295 384003 109835 215317 31182925 0.00000 0.66720 0.33280 0 0 2658526 29500 2688026 70500 46804 23696 2711722 UNC INVESTMENT FUND, LLC 66361067 F AQUILO CAPITAL LP 261612 F 66622679 ANNUITIES PAYABLE 197056 LIABILITIES UNDER CRT 153023 350079 X 4951356 -1691451 1129252 40794 -521405 5472761 0 5472761 6268057 1129252 20226 1149478 5118579 0 5118579 PART III, LINE 4: THE COUNTRY DOCTOR MUSEUM OFFERS VISITORS A UNIQUE OPPORTUNITY TO LEARN ABOUT THE HISTORY OF HEALTH CARE. THE COLLECTIONS INCLUDE ARTIFACTS RELEVANT TO MANY ASPECTS OF HEALTH CARE INCLUDING NURSING, PHARMACY HOMEOPATHY, AND DENTISTRY. IT ENLIGHTENS AND INSPIRES STUDENTS AND HEALTH CARE PROFESSIONALS REGARDING THE RICH HISTORY OF THEIR PROFESSIONS. PART V, LINE 4: THE FOUNDATION ENDOWMENTS HAVE VARIOUS INTENDED USES. AN ENDOWED PROFESSORSHIP HONORS ECU'S MOST DISTINGUISHED FACULTY AND HELPS ATTRACT OUTSTANDING SCHOLARS AND TEACHERS. IT REPRESENTS A LONG-TERM COMMITMENT THAT PROVIDES SUPPORT FOR NEW RESEARCH AND PROJECTS THAT OFFER GREAT POTENTIAL FOR PRODUCING BREAKTHROUGHS AND INNOVATIONS. MANY STUDENTS RECEIVE PROCEEDS FROM ENDOWED SCHOLARSHIPS THAT PROVIDE THEM WITH THE OPPORTUNITY TO RECEIVE AN EXCELLENT EDUCATION. STUDENTS AND FACULTY ALSO BENEFIT FROM ENDOWMENTS THAT SUPPORT PROGRAM ACTIVITIES SUCH AS LECTURE SERIES, INTERNATIONAL OUTREACH, AND MEDICAL RESEARCH. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. AT JUNE 30, 2023 AND 2022, THE FOUNDATION HAS NOT RECORDED ANY TAX LIABILITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 37,112. DIRECT EXPENSES OF FUNDRAISING EVENTS 3,682. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT LOSSES 16,544. DIRECT EXPENSES OF FUNDRAISING EVENTS 3,682. AL AK AR CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV PIRATE NURSE 5K 16364 12682 3682 413 3269 16364 12682 3682 413 3269 3682 0 1 EAST CAROLINA UNIVERSITY EAST FIFTH STREET GREENVILLE NC 27858 566000403 GOVERNMENT 971108 0 GENERAL PROGRAM SUPPORT EAST CAROLINA UNIVERSITY FOUNDATION INC 2200 S CHARLES BLVD 1100 GREENVILLE NC 27858 566093187 501(C)(3) 49352 0 GENERAL PROGRAM SUPPORT 2 STUDENT SCHOLARSHIPS 293 1207243 TEACHING/EDUCATIONAL AWARDS 92 65110 PART I, LINE 2: AN INDEPENDENT SELECTION COMMITTEE SELECTS RECIPIENTS BASED ON CRITERIA ESTABLISHED IN FUND AUTHORITIES AND FUND AGREEMENTS. FUNDS FOR SCHOLARSHIPS AND AWARDS ARE DISTRIBUTED DIRECTLY TO EAST CAROLINA UNIVERSITY WITH THE INTENT OF BEING USED FOR SCHOLARSHIPS, AWARDS, AND GRANTS. MANAGEMENT REVIEWS REPORTS GENERATED BY THE UNIVERSITY TO ENSURE THE FUNDS WERE DISTRIBUTED APPROPRIATELY. 0 0 0 0 0 0 0 0 0 PHILIP G ROGERS DIRECTOR/CHANCELLOR 0 410987 0 0 0 13133 0 40081 0 208143 0 672344 0 0 HERBERT G GARRISON III PRESIDENT 0 306808 0 7972 0 9001 0 42138 0 8689 0 374608 0 0 STEPHANIE M COLEMAN DIRECTOR/VICE CHANCEL 0 285612 0 0 0 720 0 70851 0 13643 0 370826 0 0 GARY R VANDERPOOL FORMER EXECUTIVE TREASURER 0 79573 0 0 0 67640 0 18464 0 1827 0 167504 0 0 JOEL B STOCKS EXECUTIVE TREASURER 0 122311 0 0 0 0 0 17728 0 18233 0 158272 0 0 PART I, LINE 3 EAST CAROLINA UNIVERSITY PROVIDES COMPENSATION FOR THE FOUNDATION'S OFFICERS AND KEY EMPLOYEES. THE UNIVERSITY'S DEPARTMENT OF HUMAN RESOURCES MANAGES THE COMPENSATION DETERMINATION PROCESS. X 9 120115 FMV X 4 4654 FMV X CLINICAL EQUIPMENT 5 16317 FMV X LANDSCAPING SUPPLIES 1 9875 FMV 0 1 1 PART I, LINE 32B: THE ORGANIZATION HIRES THIRD PARTIES TO SELL GIFTS OF JEWELRY, ART, REAL ESTATE, OR OTHER NON-CASH CONTRIBUTIONS FOR WHICH AN INDUSTRY EXPERTISE IS REQUIRED. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION MADE THE FOLLOWING CHANGES TO ITS BYLAWS DURING THE FISCAL YEAR ENDED 6/30/2023: - THE PRESIDENT AND EXECUTIVE TREASURER SHALL SERVE AS CORPORATE OFFICERS OF THE FOUNDATION. - AN ADDITIONAL OFFICER POSITION WAS CREATED AND THE ROLES OF THE TREASURER AND EXECUTIVE TREASURER WERE DEFINED. - THE PROCESSES TO APPOINT, CONFIRM, REMOVE, AND REPLACE THE PRESIDENT AND EXECUTIVE TREASURER WERE UPDATED. - THE MINIMUM NUMBER OF ELECTED DIRECTORS WAS REMOVED. - COMMITTEE DESCRIPTIONS WERE UPDATED AND CONDENSED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 RETURN WAS REVIEWED BY THE AUDIT COMMITTEE. THE COMMITTEE WILL REPORT ON THE RETURN, AND A COPY WILL BE PROVIDED TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST COMPLETE AN ANNUAL DISCLOSURE OF POSSIBLE CONFLICTS. BOARD MEMBERS MUST RECUSE THEMSELVES FROM VOTING ON ISSUES WHERE A CONFLICT MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15 EAST CAROLINA UNIVERSITY PROVIDES COMPENSATION FOR TWO FOUNDATION OFFICER POSITIONS. THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT MANAGES THE COMPENSATION DETERMINATION PROCESS. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND 990-T ARE MADE AVAILABLE TO THE GENERAL PUBLIC BY POSTING ON THE FOUNDATION'S WEBSITE AND PROVIDING COPIES UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS, FORMS 990 AND OTHER DOCUMENTS OF INTEREST ARE AVAILABLE TO THE GENERAL PUBLIC BY POSTING ON THE ORGANIZATION'S WEBSITE, GUIDESTAR, AND PROVIDING COPIES ON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 555,270. MANAGEMENT AND GENERAL EXPENSES 152,381. FUNDRAISING EXPENSES 450,280. TOTAL EXPENSES 1,157,931. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 292,298. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5,799. TOTAL EXPENSES 298,097. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT VALUE AGREEMENT 37,112. BAD DEBT LOSSES -16,544. EAST CAROLINA UNIVERSITY EAST FIFTH STREET GREENVILLE NC 27858 566000403 EDUCATIONAL INSTITUTION - PUBLIC NC GOVERNMENTAL N/A N/A 0 THE BRODY FOUNDATION 530 SE GREENVILLE BLVD SUITE 200 GREENVILLE NC 27858 581419760 SUPPORTING ORGANIZATION NC 501(C)(3) LINE 12D, III-O N/A 0 CHARITABLE REMAINDER UNITRUST (2) TRUST NC EAST CAROLINA UNIVERSITY MEDICAL & HEALTH SCIENCES FOUNDATION INC T 0 CHARITABLE REMAINDER ANNUITY TRUST (1) TRUST NC EAST CAROLINA UNIVERSITY MEDICAL & HEALTH SCIENCES FOUNDATION INC T 0 0 1 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 EAST CAROLINA UNIVERSITY B 971108 FAIR VALUE EAST CAROLINA UNIVERSITY J 2 FAIR VALUE EAST CAROLINA UNIVERSITY M 1071775 FAIR VALUE EAST CAROLINA UNIVERSITY N 57477 FAIR VALUE EAST CAROLINA UNIVERSITY P 1157932 FAIR VALUE THE BRODY FOUNDATION C 452673 FAIR VALUE