2026-01-21T07:10:33-06:00 2025-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2024-07-01 581344473 NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC NORT 9195137149 NCSU BOX 7207 RALEIGH NC 276957207 ERIN DELEHANTY ASSISTANT TREASURER 9195137149 2026-01-15 1 1 KEN KURDZIEL P00060407 3523781331 2026-01-15 2024 2025-03-06 01:10:19Z ERIN DELEHANTY NCSU BOX 7207 RALEIGH NC 276957207 31127020 0 X SEE SCHEDULE O X 1978 NC TO PROVIDE FINANCIAL SUPPORT FOR ALL TYPES OF EDUCATION AND RESEARCH IN THE FIELD OF VETERINARY MEDICINE AT NORTH CAROLINA STATE UNIVERSITY. 25 24 8 24 0 0 13577374 12673382 0 0 2797974 3166331 19138 12376 16394486 15852089 5030563 9027219 0 0 493604 602430 0 0 908472 6463865 4101681 11988032 13731330 4406454 2120759 144191197 156508731 448980 399842 143742217 156108889 TO PROVIDE FINANCIAL SUPPORT FOR ALL TYPES OF EDUCATION AND RESEARCH IN THE FIELD OF VETERINARY MEDICINE AT NORTH CAROLINA STATE UNIVERSITY. 0 0 12766650 9027219 PROVIDES FINANCIAL SUPPORT FOR ALL TYPES OF EDUCATION AND RESEARCH IN THE FIELD OF VETERINARY MEDICINE AT NORTH CAROLINA STATE UNIVERSITY. 12766650 1 1 0 0 0 0 0 1 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 7 0 1 8 1 0 0 0 0 0 0 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ERIN DELEHANTY 9195137149 NCSU BOX 7207 RALEIGH NC 276957207 DANA R HARRIS TREASURER 1.00 40.00 X X 0 290290 79282 KATHE GARRISON PRESIDENT 1.00 0.00 X X 0 0 0 FRANCES BRYAN VICE PRESIDENT 1.00 0.00 X X 0 0 0 CHARLES COLLINS JR IMMEDIATE PAST PRESIDENT 1.00 0.00 X 0 0 0 CINDY ATHA DIRECTOR 1.00 0.00 X 0 0 0 HELEN BALLENTINE DIRECTOR 1.00 0.00 X 0 0 0 THOMAS CABANISS DIRECTOR 1.00 0.00 X 0 0 0 APRIL ESHELMAN DIRECTOR 1.00 0.00 X 0 0 0 KADY GJESSING DIRECTOR 1.00 40.00 X 0 0 0 SYDNEY LANGFORD DIRECTOR 1.00 0.00 X 0 0 0 CLIFFORD LEATH DIRECTOR 1.00 0.00 X 0 0 0 CAT LINEBERRY DIRECTOR 1.00 0.00 X 0 0 0 LISA MCNARY DIRECTOR 1.00 0.00 X 0 0 0 ERICA MEARNS DIRECTOR 1.00 0.00 X 0 0 0 WENDELL MURPHY III DIRECTOR 1.00 0.00 X 0 0 0 DONNA PREISS DIRECTOR 1.00 0.00 X 0 0 0 EMILY RAGSDALE DIRECTOR 1.00 0.00 X 0 0 0 BENNY SUGGS DIRECTOR 1.00 0.00 X 0 0 0 EDWARD VINSON DIRECTOR 1.00 0.00 X 0 0 0 SUSAN WARD DIRECTOR 1.00 0.00 X 0 0 0 TIMOTHY WRIGHT DIRECTOR 1.00 0.00 X 0 0 0 VALERIE YOFFE DIRECTOR 1.00 0.00 X 0 0 0 DAVID KNIGHT DIRECTOR UNTIL 12/31/24 1.00 0.00 X 0 0 0 LAURIE SANFORD DIRECTOR FROM 1/1/25 1.00 0.00 X 0 0 0 BETSY SAUL DIRECTOR FROM 1/1/25 1.00 0.00 X 0 0 0 ELIZABETH WOODARD DIRECTOR FROM 1/1/25 1.00 0.00 X 0 0 0 ERIN DELEHANTY ASSISTANT TREASURER 1.00 40.00 X 0 193638 55581 SHERRY BUCKLES SECRETARY UNTIL 8/26/24 1.00 40.00 X 0 187362 53367 HYEMI SEVENING SECRETARY FROM 3/1/25 1.00 40.00 X 0 0 0 NIKI THEOBALD INTERIM SECRETARY 8/27/24 - 2/28/25 1.00 40.00 X 0 120362 37569 0 791652 225799 0 0 1 0 0 12673382 1138107 12673382 825793 825793 17507097 108372 15185431 89500 2321666 18872 2340538 2340538 MISCELLANEOUS REVENUE 611710 12376 12376 12376 15852089 0 0 3178707 9027219 9027219 602430 602430 7677 7677 47000 47000 187453 185890 1563 9140 3669 5471 45762 26670 19092 5855 5625 230 160687 121514 39173 20069 9942 10127 6508 1107 91 5310 SERVICES & FEES 1564149 1463393 1440 99316 SUPPLIES 897373 859641 37732 DEPARTMENTAL EQUIPMENT 709949 698655 11294 EQUIPMENT RENTAL & MAIN 360180 341356 18824 79879 21969 57910 13731330 12766650 56208 908472 27960931 27632989 1749244 2098219 139896 312 114231252 126667655 109874 109556 144191197 156508731 448980 399842 448980 399842 X 64788968 69981426 78953249 86127463 143742217 156108889 144191197 156508731 X 2120759 10251122 -5209 X 0 1 X 1 0 X 7418574 9447369 11714445 13577374 12673382 54831144 348000 348000 7418574 9447369 11714445 13577374 13021382 55179144 24103244 31075900 188418 96572 323375 800559 825793 2234717 5586 8121 9779 19138 12376 55000 57468861 0.54070 0.49480 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 5,586. 2021 AMOUNT: $ 8,121. 2022 AMOUNT: $ 9,779. 2023 AMOUNT: $ 19,138. 2024 AMOUNT: $ 12,376. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94495 X ART ON DISPLAY IN TERRY CENTER 0 114181255 3153284 11812070 2523544 126623065 102546107 1763129 12017362 2145343 114181255 103193013 2236984 1144376 4028266 102546107 100409778 1940519 2886633 2043917 103193013 75156777 942213 28876987 4566199 100409778 0.47141 0.31152 0.21707 0 0 0 NC STATE INVESTMENT FUND 126124930 F LIFE INCOME FUNDS 542725 F 126667655 LIFE INCOME FUNDS PAYABLE 336842 ACCOUNTS PAYABLE TO ASSOCIATED ENTITIES 25989 DUE TO OTHERS 37011 399842 X 26446002 10251122 348000 -5209 10593913 15852089 0 15852089 14079330 348000 348000 13731330 0 13731330 PART III, LINE 4: PROVIDES SOLACE AND COMFORT TO CLIENTS VISITING CVM/HOSPITAL. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 185 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES RELATED TO THE MISSION OF THE UNIVERSITY. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENTS AND FUNDS DESIGNATED BY THE FOUNDATION'S BOARD TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE MAJORITY OF THE FOUNDATION'S SIGNED ENDOWMENT GIFT AGREEMENTS WITH DONORS HAVE DONOR-IMPOSED RESTRICTIONS WHICH STIPULATE THAT PRINCIPAL SHALL NOT BE USED TO FUND SPENDING. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION HAD NO SIGNIFICANT UNRELATED TRADE OR BUSINESS INCOME FOR 2025 AND 2024. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO TAX YEAR 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -5,209. 1 NORTH CAROLINA STATE UNIVERSITY NCSU BOX 7205 RALEIGH NC 276957207 566000756 115(1) 9027219 0 SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT 1 0 PART I, LINE 2: GRANTS REPRESENT REIMBURSEMENT OF EXPENSES PROCESSED THROUGH THE UNIVERSITY'S ACCOUNTING SYSTEMS, AND ARE SUBJECT TO UNIVERSITY AND STATE OF NORTH CAROLINA GUIDELINES, IN ADDITION TO ANY RESTRICTIONS PLACED DIRECTLY BY DONORS. 0 0 0 0 0 0 0 0 0 DANA R HARRIS TREASURER 0 290290 0 0 0 0 0 71187 0 8095 0 369572 0 0 ERIN DELEHANTY ASSISTANT TREASURER 0 193638 0 0 0 0 0 47486 0 8095 0 249219 0 0 SHERRY BUCKLES SECRETARY UNTIL 8/26/24 0 187362 0 0 0 0 0 45947 0 7420 0 240729 0 0 NIKI THEOBALD INTERIM SECRETARY 8/27/24 - 2/28/25 0 120362 0 0 0 0 0 29474 0 8095 0 157931 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS AND OFFICERS OF NORTH CAROLINA VETERINARY MEDICAL FOUNDATION THAT RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 115(1) ORGANIZATION RELATED TO NORTH CAROLINA VETERINARY MEDICAL FOUNDATION. 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. X 20 1048607 FMV X 1 89500 FMV 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, ITEM J - WEBSITE: HTTPS://AEOPERATIONS.OFA.NCSU.EDU/NORTH-CAROLINA-VETERINARY-MEDICAL-FOUN DATION-INC/ FORM 990, PART V, LINE 7D: DURING THE FISCAL YEAR ENDING 6/30/2025, THE ORGANIZATION SOLD TANGIBLE PERSONAL PROPERTY THAT HAD BEEN RECEIVED AS A CHARITABLE CONTRIBUTION. THE FORM 8282 TO REPORT THE DISPOSITION OF THE PROPERTY WILL BE FILED DURING THE FISCAL YEAR ENDING 6/30/2026. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS, THE IMMEDIATE PAST PRESIDENT, AND TEN OTHER MEMBERS OF THE BOARD OF DIRECTORS. THE SECRETARY AND TREASURER OF THE CORPORATION SHALL SERVE IN AN ADVISORY CAPACITY ONLY AND SHALL BE NON-VOTING MEMBERS OF THE EXECUTIVE COMMITTEE. TERMS OF ALL MEMBERS OF THE EXECUTIVE COMMITTEE SHALL COINCIDE WITH THE TERMS OF THEIR QUALIFYING RESPECTIVE OFFICES OR DESIGNATIONS; PROVIDED FURTHER, HOWEVER, THAT THE IMMEDIATE PAST PRESIDENT SHALL BE A NON-VOTING MEMBER OF THE EXECUTIVE COMMITTEE UNLESS HE IS ALSO A MEMBER OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE, IN THE INTERIMS BETWEEN THE MEETINGS OF THE BOARD OF DIRECTORS, SHALL EXERCISE ALL POWERS OF THE CORPORATION, INCLUDED ALL OF THE POWERS THAT HAVE BEEN CONFERRED UPON IT OR UPON THE BOARD OF DIRECTORS, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO POWER OR AUTHORITY TO (A) AUTHORIZE DISTRIBUTIONS; (B) APPROVE DISSOLUTION, MERGER OR SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; (C) ELECT, APPOINT OR REMOVE DIRECTORS, OR FILL VACANCIES ON THE BOARD OR ON ANY OF ITS COMMITTEES; OR (D) ADOPT, AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR THESE BYLAWS. THE PRESENCE OF SIX MEMBERS OF THE EXECUTIVE COMMITTEE AT ANY REGULAR OR SPECIAL MEETING OF SAID COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. FORM 990, PART VI, SECTION A, LINE 7A THE TREASURER OF NORTH CAROLINA STATE UNIVERSITY AND A SENIOR ADMINISTRATIVE OFFICER OF NC STATE WHO IS ALSO EX-OFFICIO TREASURER OF THE CORPORATION SHALL HAVE VOTING POWER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT AND INVESTMENT COMMITTEE AND A COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY CORPORATE TRANSACTION IN WHICH A DIRECTOR HAS A DIRECT OR INDIRECT INTEREST MUST BE AUTHORIZED, APPROVED, OR RATIFIED IN GOOD FAITH BY A MAJORITY, NOT LESS THAN TWO OF THE DIRECTORS WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION EVEN THOUGH LESS THAN A QUORUM; PROVIDED, HOWEVER, NO SUCH TRANSACTION SHALL BE AUTHORIZED, APPROVED, OR RATIFIED BY A SINGLE DIRECTOR. A DIRECTOR HAS AN INDIRECT INTEREST IN A TRANSACTION IF: (A) ANOTHER ENTITY IN WHICH HE HAS A MATERIAL FINANCIAL INTEREST OR IN WHICH HE IS A GENERAL PARTNER IS A PARTY TO THE TRANSACTION; OR (B) ANOTHER ENTITY OF WHICH HE IS A DIRECTOR, OFFICER, OR TRUSTEE IS A PARTY TO THE TRANSACTION AND THE TRANSACTION IS OR SHOULD BE CONSIDERED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND OFFICERS OF NORTH CAROLINA VETERINARY MEDICAL FOUNDATION THAT RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 115(1) ORGANIZATION RELATED TO NORTH CAROLINA VETERINARY MEDICAL FOUNDATION. 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 FORM 990 IS LISTED ON THE WEBSITE. THE FORM 1023 (WHICH WAS FILED PRIOR TO JULY 15, 1987) IS NOT PUBLICLY AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE: HTTPS://AEOPERATIONS.OFA.NCSU.EDU/NORTH-CAROLINA-VETERINARY-MEDICAL-FOUNDATI ON-INC/. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -5,209. 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) LINE 5 N/A 0 NC STATE UNIVERSITY ALUMNI ASSOCIATION NCSU BOX 7207 RALEIGH NC 27695 566035544 PROMOTES ALUMNI AFFAIRS & AWARENESS OF NCSU IN THE COMMUNITY NC 501(C)(3) LINE 5 N/A 0 NC STATE ENGINEERING FOUNDATION NCSU BOX 7207 RALEIGH NC 27695 566046987 SUPPORTS THE COLLEGE OF ENGINEERING AT NCSU NC 501(C)(3) LINE 5 N/A 0 NC STATE NATURAL RESOURCES FOUNDATION NCSU BOX 7207 RALEIGH NC 27695 560653350 SUPPORTS THE COLLEGE OF NATURAL RESOURCES AT NCSU NC 501(C)(3) LINE 5 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) LINE 5 N/A 0 NC STATE UNIVERSITY COLLEGE OF SCIENCES NCSU BOX 7207 RALEIGH NC 27695 581524289 SUPPORTS THE COLLEGE OF SCIENCES AT NCSU NC 501(C)(3) LINE 5 N/A 0 NORTH CAROLINA TEXTILE FOUNDATION NCSU BOX 8301 RALEIGH NC 27695 566045324 AIDS EDUCATION & RESEARCH IN THE COLLEGE OF TEXTILES OF NCSU NC 501(C)(3) LINE 5 N/A 0 NC STATE INVESTMENT FUND INC NCSU BOX 7207 RALEIGH NC 27695 311607634 INVEST FUNDS OF NC STATE UNIVERSITY ENDOWMENT & RELATED FOUNDATIONS NC 501(C)(3) LINE 12A, I NORTH CAROLINA STATE UNIVERSITY 0 NC STATE UNIVERSITY PARTNERSHIP CORPORATION NCSU BOX 7207 RALEIGH NC 27695 561444287 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) LINE 12A, I NORTH CAROLINA STATE UNIVERSITY 0 NORTH CAROLINA STATE UNIVERSITY NCSU BOX 7207 RALEIGH NC 27695 566000756 EDUCATION NC 115(1) N/A N/A 0 NC STATE UNIVERSITY STUDENT AID ASSOCIATION PO BOX 37100 RALEIGH NC 27627 560650623 SUPPORTS ATHLETIC PROGRAM AT NCSU NC 501(C)(3) LINE 5 N/A 0 CHARITABLE REMAINDER TRUSTS (1) ASSET INVESTMENT NC NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC T 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 NORTH CAROLINA STATE UNIVERSITY B 9027219 FMV NORTH CAROLINA STATE UNIVERSITY P 4341861 FMV