2026-02-10T11:41:28-06:00 2025-06-30 844233121 SHARPE PATEL CPA 5510 SIX FORKS ROAD SUITE 140 RALEIGH NC 27609 990 2024-07-01 237159170 WESTERN CAROLINA UNIVERSITY FOUNDATION WEST 8282277321 300 N HF ROBINSON ADMINISTRATION BL CULLOWHEE NC 28723 MICHAEL T BYERS TREASURER 8282277321 2026-02-04 1 1 REBECCA FISHER P01690017 7044993893 2026-02-04 2024 2025-03-06 01:10:19Z MICHAEL T BYERS 300 N HF ROBINSON ADMINISTRATION BL CULLOWHEE NC 28723 14425867 0 X N/A X 1971 NC PROVIDES FINANCIAL SUPPORT TO WESTERN CAROLINA UNIVERSITY. 23 23 7 97 0 0 9723663 8302201 10870 33210 1991139 2648338 -60821 -22911 11664851 10960838 5693868 8678891 0 0 15414 0 0 0 0 285116 797905 5994398 9476796 5670453 1484042 90727825 98242802 166207 183853 90561618 98058949 PROVIDES FINANCIAL SUPPORT TO WESTERN CAROLINA UNIVERSITY. 0 0 9150461 8678891 33210 PROVIDES FINANCIAL ASSISTANCE AND SCHOLARSHIPS TO DESERVING STUDENTS, AND FINANCIAL SUPPORT TO VARIOUS DEPARTMENTS OF WESTERN CAROLINA UNIVERSITY. 9150461 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 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 0 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X MICHAEL T BYERS WESTERN CAROLINA 8282277321 300 N HF ROBINSON ADMINISTRATION BL CULLOWHEE NC 28723 X MIKE CRAWFORD CHAIR 1.00 X X 0 0 0 HOYT ALMOND FIRST VICE CHAIR, FINANCE AND AUDIT CHAIR 1.00 X X 0 0 0 STEVE HODGE SECOND VICE CHAIR, ADVANCEMENT CHAIR 1.00 X X 0 0 0 ED HOLLAND BOARD DEVELOPMENT CHAIR 1.00 X X 0 0 0 CASEY COOPER CHAIR, BOARD OF TRUSTEES 1.00 X X 0 0 0 MARY ARBAUGH BOARD MEMBER 1.00 X 0 0 0 DOUG BAILEY BOARD MEMBER 1.00 X 0 0 0 ED BROADWELL BOARD MEMBER 1.00 X 0 0 0 BEN COMM BOARD MEMBER 1.00 X 0 0 0 TERRY FORTNER BOARD MEMBER 1.00 X 0 0 0 JEFF GOSS BOARD MEMBER 1.00 X 0 0 0 CONNIE HAIRE BOARD MEMBER 1.00 X 0 0 0 LISA HILL BOARD MEMBER 1.00 X 0 0 0 KEN MARTIN BOARD MEMBER 1.00 X 0 0 0 DAVID MOORE BOARD MEMBER 1.00 X 0 0 0 PAXTON MYERS BOARD MEMBER 1.00 X 0 0 0 LARRY NAYLOR BOARD MEMBER 1.00 X 0 0 0 ROBIN PATE BOARD MEMBER 1.00 X 0 0 0 BRANDON ROBINSON BOARD MEMBER 1.00 X 0 0 0 RON SINK BOARD MEMBER 1.00 X 0 0 0 JUDY STROUD BOARD MEMBER 1.00 X 0 0 0 GAYLE WATKINS BOARD MEMBER 1.00 X 0 0 0 RANDY WHITE BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 37310 8264891 1628529 8302201 REGISTRATION FEES 611710 33210 33210 33210 521994 521994 1020 1020 5567442 3441098 2126344 2126344 2126344 0 37310 23931 -23931 -23931 10960838 33210 0 2625427 8678891 8678891 7699 7699 11225 11225 219782 219782 176874 176874 89205 9086 80119 3240 3240 4523 4523 4270 4270 SUPPLIES 210236 210236 CONTROLLED BEVERAGES 33026 33026 BUSINESS ENTERTAINMENT 26114 26114 CLOTHING & UNIFORMS 6242 6242 5469 5469 9476796 9150461 326335 0 1657375 1858246 10581760 10624374 4690240 4212828 146319 121305 460498 34876 248802 425622 52320 61596 73224627 80794963 126382 143868 90727825 98242802 160 39825 39825 126382 143868 166207 183853 X 0 0 0 0 90561618 98058949 90561618 98058949 90727825 98242802 1484042 6013289 0 X 0 1 X 1 0 X 4064881 6498785 7155406 9723663 8302201 35744936 4064881 6498785 7155406 9723663 8302201 35744936 461288 35283648 54044 22404 143967 619200 523014 1362629 10225 10225 37117790 60144 0.95060 0.96090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 71456841 2283254 8535699 3161597 129346 78984851 64356810 1911969 338190 2644428 -7494300 71456841 65935535 1662833 -31901 2330938 878719 64356810 63475474 1878498 2740780 1783363 375854 65935535 46612381 1286505 19017344 4242990 -802234 63475474 1.00000 0 0 29126 29126 10000 10000 0 95400 95400 325972 24876 301096 425622 CLOSELY HELD EQUITY INTEREST 649124 F UNC INVESTMENT FUND 79981252 F OTHER INVESTMENTS - LAND 164587 C 80794963 DEFERRED INFLOWS OF RESOURCES 143868 143868 X 16778276 6013289 23931 6037220 10741056 219782 219782 10960838 9280945 0 9280945 219782 -23931 195851 9476796 PART X, LINE 2: THE FOUNDATION, AS A CHARITABLE ORGANIZATION, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. CONTINUATION OF THE EXEMPTION IS SUBJECT TO COMPLIANCE WITH APPLICABLE REGULATIONS AND REVIEW OF ACTIVITIES BY TAXING AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY TRANSACTIONS THAT WOULD AFFECT ITS TAX-EXEMPT STATUS. THE FOUNDATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDED 2023, 2024, AND 2025 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE FOUNDATION BELIEVES 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: FUNDRAISING EXPENSES TO PART VIII 23,931. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES TO PART VIII -23,931. BOB WATERS GOLF EVENT 32732 32732 3370 11232 CATAMOUNT MORGANTON SHOOTOUT 4578 4578 150 1468 7711 37310 37310 150 4838 18943 23931 -23931 0 WESTERN CAROLINA UNIVERSITY HF ROBINSON ADMINISTRATION BLDG CULLOWHEE NC 28723 566001440 1633753 0 ACTUAL AMOUNT ATHLETIC DEPARTMENT WESTERN CAROLINA UNIVERSITY HF ROBINSON ADMINISTRATION BLDG CULLOWHEE NC 28723 566001440 3883541 0 ACTUAL AMOUNT GENERAL UNIVERSITY WESTERN CAROLINA UNIVERSITY HF ROBINSON ADMINISTRATION BLDG CULLOWHEE NC 28723 566001440 3161597 0 ACTUAL AMOUNT SCHOLARSHIPS 1 X 22 363018 AVERAGE PRICE PER SHARE X 4 1052587 FMV X MISCELLANEOUS 25 212924 ACTUAL COST 0 1 1 PART I, LINE 32B: MORGAN STANLEY WAS USED TO SELL STOCK RECEIVED FROM DONORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PRESENTED TO THE BOARD WITH SUFFICIENT TIME FOR THEIR DETAILED REVIEW OF ALL PERTINENT ITEMS AND STATEMENTS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS HELD A VERBAL DISCUSSION REGARDING COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS ARE MAINTAINED AT THE BUSINESS LOCATION AND ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. WESTERN CAROLINA UNIVERSITY 460 HFR ADMINISTRATION BUILDING CULLOWHEE NC 28273 566001440 EDUCATION NC N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 WESTERN CAROLINA UNIVERSITY R 5521294 ACTUAL VALUE OF TRANSFERS WESTERN CAROLINA UNIVERSITY S 4000 ACTUAL VALUE OF TRANSFERS