2025-02-06T00:01:36-06:00 2024-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2023-07-01 561861816 DONALD R WATSON FOUNDATION INC DONA 9109622515 601 SOUTH COLLEGE ROAD WILMINGTON NC 28403 EDDIE STUART DIRECTOR 9109622515 2025-02-03 1 0 JOHN M ROBINSON P01281319 3362944494 2025-01-06 2023 2025-03-06 01:10:19Z EDDIE STUART 601 SOUTH COLLEGE ROAD WILMINGTON NC 28403 319089 0 X UNCW.EDU/ASSOCIATEDENTITIES/WATSONASSOCIATION.HTM X 1994 NC TO DONATE FUNDS TO CHARITABLE, EDUCATIONAL, LITERARY, RELIGIOUS, AND SCIENTIFIC ORGANIZATIONS, PROVIDED ALL RECIPIENT ORGANIZATIONS ARE TAX EXEMPT ORGANIZATIONS AND ELIGIBLE TO RECEIVE CHARITABLE DONATIONS. 5 3 0 0 0 0 0 0 0 0 52410 32419 0 0 52410 32419 77334 75507 0 0 0 0 0 0 0 16514 17086 93848 92593 -41438 -60174 1440739 1537302 0 0 1440739 1537302 TO DONATE FUNDS TO CHARITABLE, EDUCATIONAL, LITERARY, RELIGIOUS, AND SCIENTIFIC ORGANIZATIONS, PROVIDED ALL RECIPIENT ORGANIZATIONS ARE TAX EXEMPT ORGANIZATIONS AND ELIGIBLE TO RECEIVE CHARITABLE DONATIONS. 0 0 75507 75507 TO DONATE FUNDS TO CHARITABLE, EDUCATIONAL, LITERARY, RELIGIOUS, AND SCIENTIFIC ORGANIZATIONS, PROVIDED ALL RECIPIENT ORGANIZATIONS ARE EXEMPT ORGANIZATIONS AND ELIGIBLE TO RECEIVE CHARITABLE DONATIONS UNDER SECTIONS 501(C)(3) AND 170(C)(1) OR (2) OF THE CODE, OR THE PROVISIONS OF ANY FUTURE IRS REGULATIONS. THE FOUNDATION PROVIDED $60,405 IN SCHOLARSHIPS FOR STUDENTS TO ATTEND THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON AND $15,102 IN SUPPORT TO OTHER NON-PROFIT ORGANIZATIONS: DUKE UNIVERSITY FOR MEDICAL RESEARCH AND ST. JOHN'S EPISCOPAL CHURCH. 75507 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 X ROBERTA LASURE 9109622515 601 SOUTH COLLEGE ROAD WILMINGTON NC 28403 ASWANI VOLETY PRESIDENT 0.10 40.00 X X 0 408965 53606 MONICA WATSON VICE PRESIDENT 0.10 X X 0 0 0 BILL ANLYAN SECRETARY 0.10 X X 0 0 0 ROBERT WARWICK TREASURER 0.10 X X 0 0 0 EDDIE STUART DIRECTOR 0.10 40.00 X 0 261804 44171 0 670769 97777 0 0 1 0 0 71840 71840 247249 286670 -39421 -39421 -39421 32419 0 0 32419 75507 75507 6500 6500 9757 9757 829 829 92593 75507 17086 0 125 0 1440614 1537302 1440739 1537302 0 0 X 1440739 1537302 1440739 1537302 1440739 1537302 -60174 156737 0 X 0 1 X 0 0 X X 3 UNIVERSITY OF NORTH CAROLINA AT WILMINGTON 561258660 6 1 60405 0 DUKE UNIVERSITY 560532129 2 1 7551 0 ST JOHN'S EPISCOPAL CHURCH 560653352 1 1 7551 0 3 75507 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1440739 179399 75507 7329 1537302 1412803 112575 77334 7305 1440739 1772911 -273073 79766 7269 1412803 1456367 401183 77120 7519 1772911 1525078 14591 76216 7086 1456367 0.65000 0.35000 0 0 0 X 182394 156737 2995 159732 22662 9757 9757 32419 85831 2995 2995 82836 9757 9757 92593 PART V, LINE 4: PROVIDE CONTRIBUTIONS TO THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON, DUKE UNIVERSITY, AND ST. JOHN'S EPISCOPAL CHURCH FROM EARNINGS ON INVESTMENTS. CORPUS IS TO BE MAINTAINED IN PERPETUITY. PART X, LINE 2: IT IS THE FOUNDATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2024 OR 2023. 1 DUKE UNIVERSITY 324 BLACKWELL STREET WASHINGTON BLDG NO 850 DURHAM NC 27701 560532129 501(C)(3) 7551 0 MEDICAL RESEARCH ST JOHN'S EPISCOPAL CHURCH 1219 FOREST HILLS DRIVE WILMINGTON NC 28403 560653352 501(C)(3) 7551 0 GENERAL FUNDING UNIVERSITY OF NORTH CAROLINA WILMINGTON 601 SOUTH COLLEGE ROAD WILMINGTON NC 28403 561258660 GOVERNMENT 60405 0 SCHOLARSHIPS 3 0 PART I, LINE 2: THE USE OF FUNDS GIVEN TO THE UNIVERSITY OF NORTH CAROLINA WILMINGTON ARE MONITORED BY THE UNIVERSITY. 0 0 0 0 0 0 0 0 0 ASWANI VOLETY PRESIDENT 0 397205 0 0 0 11760 0 46497 0 7109 0 462571 0 0 EDDIE STUART DIRECTOR 0 261804 0 0 0 0 0 36938 0 7233 0 305975 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B ASSOCIATED ENTITY ACCOUNTANT WORKS WITH THE AUDIT FIRM ON PREPARATION OF FORM. A FINAL DRAFT IS FORWARDED TO THE UNCW VICE CHANCELLOR OF BUSINESS AFFAIRS DESIGNEE FOR REVIEW. IT IS THEN FORWARDED TO THE PRESIDENT FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT THE BOARD MEETING AND FORMS ARE SIGNED ANNUALLY BY THE OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. UNIVERSITY OF NORTH CAROLINA WILMINGTON 601 SOUTH COLLEGE ROAD WILMINGTON NC 28403 561258660 EDUCATION NC N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 UNIVERSITY OF NORTH CAROLINA WILMINGTON B 60405 CASH PAID