2024-11-11T07:12:45-06:00 2024-06-30 561031342 WILLIAMS OVERMAN PIERCE LLP 2501 ATRIUM DRIVE SUITE 500 RALEIGH NC 27607 990 2023-07-01 311607634 NC STATE INVESTMENT FUND INC NCST 9195137149 NCSU BOX 7207 RALEIGH NC 27695 DANA R HARRIS ASSISTANT TREASURER 9195137149 2024-11-15 1 0 MARYELLEN PRANCE CPA P01662078 9197823444 2024-10-30 X 2023 2024-10-15 13:58:12Z DANA R HARRIS NCSU BOX 7207 RALEIGH NC 27695 257085033 0 X SEE SCHEDULE O X 1998 NC THE ORGANIZATION SUPPORTS NORTH CAROLINA STATE UNIVERSITY BY OPERATING AN INVESTMENT FUND. 16 10 0 0 53118 8674 0 0 100909760 53113817 92004749 94695927 0 0 192914509 147809744 72362520 73600336 0 0 0 0 0 0 0 7179654 7867017 79542174 81467353 113372335 66342391 1982712995 2177135434 755950 712745 1981957045 2176422689 THE ORGANIZATION SUPPORTS NORTH CAROLINA STATE UNIVERSITY BY OPERATING AN INVESTMENT FUND. 0 0 73600336 73600336 53113817 THE ORGANIZATION INVESTS FUNDS OF THE NORTH CAROLINA STATE UNIVERSITY ENDOWMENT FUND AND OTHER UNIVERSITY-RELATED ENTITIES. 73600336 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ERIN DELEHANTY 9195137149 CAMPUS BOX 7207 RALEIGH NC 27695 ALEX WALLACE CHAIR 1.00 X X 0 0 0 ROBERT NEWELL DIRECTOR 1.00 X 0 0 0 JEFF BROCK VICE CHAIR 1.00 X X 0 0 0 TY HUGGINS DIRECTOR 1.00 X 0 0 0 NAN STRADER DIRECTOR 1.00 X 0 0 0 RANDY DISHMON DIRECTOR 1.00 X 0 0 0 ROBERT NELSON DIRECTOR 1.00 X 0 0 0 CRAIG DEMKO DIRECTOR 1.00 X 0 0 0 JEFF SMITH DIRECTOR 1.00 X 0 0 0 DERICK CLOSE MB CHAIR 1.00 X X 0 0 0 CHARLES MAIMONE TREASURER 1.00 40.00 X X 0 391092 103968 ERIN DELEHANTY SECRETARY 1.00 40.00 X X 0 188285 53735 DANA HARRIS ASSISTANT TREASURER 1.00 40.00 X X 0 279586 76575 W RANDOLPH WOODSON CHANCELLOR 1.00 40.00 X X 0 972165 87959 BRIAN SISCHO VICE CHANCELLOR 1.00 40.00 X X 0 621677 52973 FRANK BUCKLESS DIRECTOR 1.00 40.00 X 0 378732 59990 0 2831537 435200 0 0 1 0 0 PARTICIPANT ADDITIONS 523000 53113817 53113817 53113817 21887718 53118 21834600 182083498 109275289 72808209 72808209 72808209 147809744 53113817 53118 94642809 73600336 73600336 7867017 7867017 81467353 73600336 7867017 0 109220029 56185235 1873492966 2120950199 1982712995 2177135434 755950 712745 755950 712745 X 0 0 0 0 1981957045 2176422689 1981957045 2176422689 1982712995 2177135434 66342391 128123253 0 X X 0 1 X 1 0 X X 10 ENDOWMENT FUND OF NC STATE UNIVERSITY 566000756 2 1 23526490 0 NCSU FOUNDATION INC 566049503 5 1 22824070 0 NC STATE ENGINEERING FOUNDATION INC 566046987 5 1 5871871 0 NORTH CAROLINA AGRICULTURAL FOUNDATIONINC 566049304 5 1 6625200 0 NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC 581344473 5 1 3275966 0 NC STATE ALUMNI ASSOCIATION INC 566035544 5 1 2868200 0 NC STATE NATURAL RESOURCES FOUNDATION INC 560653350 5 1 2081805 0 NCSU COLLEGE OF SCIENCES FOUNDATION INC 581524289 5 1 1541435 0 NC STATE UNIVERSITY STUDENT AID ASSOCIATION INC 560650623 5 1 2284748 0 NC STATE TEXTILE FOUNDATION INC 566045324 5 1 2700551 0 10 73600336 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 X SCHEDULE A, PART IV, SECTION D, LINE 3 SIX EX-OFFICIO MEMBERS OF THE BOARD OF DIRECTORS OF NC STATE INVESTMENT FUND ARE OFFICERS OF NORTH CAROLINA STATE UNIVERSITY, THE SUPPORTED ORGANIZATION. OTHER MEMBERS OF THE BOARD OF DIRECTORS ARE APPOINTED BASED ON THEIR MEMBERSHIP ON OTHER BOARDS AFFILIATED WITH NORTH CAROLINA STATE UNIVERSITY. SCHEDULE A, PART IV, SECTION E, LINE 1C NC STATE INVESTMENT FUND, INC. SUPPORTS NORTH CAROLINA STATE UNIVERSITY EXCLUSIVELY BY INVESTING THE FUNDS OF THE NORTH CAROLINA STATE UNIVERSITY ENDOWMENT FUND AND OTHER UNIVERSITY RELATED ENTITIES. 0 POOLED INVESTMENT 2120950199 F 2120950199 X 275932997 128123253 128123253 147809744 0 147809744 81467353 0 81467353 0 81467353 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FUND, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS PRIOR TO 2020. NORTH AMERICA INVESTMENT ACTIVITIES CENTRAL AMERICA AND THE CARIBBEAN INVESTMENT ACTIVITIES EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENT ACTIVITIES 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 ENDOWMENT FUND OF NC STATE UNIVERSITY NCSU BOX 7205 RALEIGH NC 27695 566000756 170(C)(1) 23526490 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT NC STATE ALUMNI ASSOCIATION INC NCSU BOX 7207 RALEIGH NC 27695 566035544 501(C)(3) 2868200 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT NC STATE ENGINEERING FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566046987 501(C)(3) 5871871 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT NC STATE NATURAL RESOURCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 560653350 501(C)(3) 2081805 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT NC STATE UNIVERSITY COLLEGE OF SCIENCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581524289 501(C)(3) 1541435 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT NC STATE UNIVERSITY FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049503 501(C)(3) 22824070 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581344473 501(C)(3) 3275966 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT THE NORTH CAROLINA AGRICULTURAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049304 501(C)(3) 6625200 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT NC STATE UNIVERSITY STUDENT AID ASSOCIATION INC PO BOX 37100 RALEIGH NC 27627 560650623 501(C)(3) 2284748 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT NC STATE TEXTILE FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566045324 501(C)(3) 2700551 0 BOOK N/A SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT 10 PART I, LINE 2: GRANTS REPRESENT PARTICIPANT WITHDRAWALS FROM THE NC STATE INVESTMENT FUND. X 0 0 0 0 0 0 0 0 0 W RANDOLPH WOODSON CHANCELLOR 0 718929 0 0 0 253236 0 80850 0 7109 0 1060124 0 0 BRIAN SISCHO VICE CHANCELLOR 0 496852 0 0 0 124825 0 45864 0 7109 0 674650 0 0 CHARLES MAIMONE TREASURER 0 391092 0 0 0 0 0 96859 0 7109 0 495060 0 0 FRANK BUCKLESS DIRECTOR 0 378732 0 0 0 0 0 52881 0 7109 0 438722 0 0 DANA HARRIS ASSISTANT TREASURER 0 277750 0 0 0 1836 0 69466 0 7109 0 356161 0 0 ERIN DELEHANTY SECRETARY 0 188285 0 0 0 0 0 46626 0 7109 0 242020 0 0 FORM 990, PART VI, SECTION B, LINE 11B DRAFT 990 IS DISTRIBUTED TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REQUIRES EACH BOARD MEMBER, OFFICER AND AGENTS ACTING ON BEHALF OF THE INVESTMENT FUND (1) TO REVIEW THE FUND'S BYLAWS AND POLICIES INCLUDING THE POLICY WITH REGARD TO CONFLICT OF INTEREST; (2) TO DISCLOSE ON AN ONGOING BASIS THROUGHOUT THEIR TENURE ANY POSSIBLE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING THE FUND; AND (3) TO ACKNOWLEDGE BY THEIR SIGNATURE THAT THEY ARE IN FULL ACCORD AND WILL ABIDE BY BOTH THE LETTER AND SPIRIT OF THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND OFFICERS OF NC STATE INVESTMENT FUND, INC THAT DO RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 170(C)(1) ORGANIZATION RELATED TO NC STATE INVESTMENT FUND, INC. NC STATE UNIVERSITY SETS THE COMPENSATION OF THESE EMPLOYEES BY ACQUIRING COMPARABILITY DATA WHICH IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE (HTTPS://INVESTMENTS.OFA.NCSU.EDU/NCSIF-INFORMATION/). OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE 990 IS LISTED ON THE WEBSITE. FORM 1023 IS MADE AVAILABLE UPON REQUEST. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. PAGE 1, ITEM J WEBSITE - HTTPS://INVESTMENTS.OFA.NCSU.EDU/ NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581344473 PROVIDES FINANCIAL SUPPORT IN THE FIELD OF VETERINARY MEDICINE NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 THE NORTH CAROLINA AGRICULTURAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049304 SUPPORTS THE COLLEGE OF AGRICULTURE & LIFE SCIENCES AT NCSU NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE ENGINEERING FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566046987 SUPPORTS THE COLLEGE OF ENGINEERING AT NCSU NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE UNIVERSITY COLLEGE OF SCIENCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581524289 SUPPORTS THE COLLEGE OF SCIENCES AT NCSU NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE NATURAL RESOURCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 560653350 SUPPORTS THE COLLEGE OF NATURAL RESOURCES AT NCSU NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION INC NCSU BOX 7207 RALEIGH NC 27695 566035544 PROMOTES ALUMNI AFFAIRS & AWARENESS OF NCSU IN COMMUNITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049503 SUPPORTS THE VARIOUS COLLEGES WITHIN THE UNIVERSITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA STATE UNIVERSITY NCSU BOX 7205 RALEIGH NC 27695 566000756 EDUCATION NC 170(C)(1) N/A 0 NC STATE UNIVERSITY PARTNERSHIP CORPORATION NCSU BOX 7207 RALEIGH NC 27695 561444287 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 509(A)(3) N/A 0 NC STATE UNIVERSITY STUDENT AID ASSOCIATION INC PO BOX 37100 RALEIGH NC 27627 560650623 SUPPORTS ATHLETIC PROGRAMS AT NCSU NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA TEXTILE FOUNDATION INC NCSU BOX 8301 RALEIGH NC 27695 566045324 AIDS EDUCATION & RESEARCH IN THE COLLEGE OF TEXTILES OF NCSU NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1