2026-04-04T14:08:08-05:00 2025-06-30 420714325 RSM US LLP 920 5TH AVENUE SUITE 2800 SEATTLE WA 98104 990 2024-07-01 237050570 ATHLETIC FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE ATHL 7046875432 9201 UNIVERSITY CITY BLVD REESE 41 CHARLOTTE NC 28223 DR RICHARD AMON TREASURER 7046875432 2026-04-01 1 1 SUE ROBISON P00560072 2062814444 2026-04-01 2024 2025-03-06 01:10:19Z ALI R LACY SHERRILL 9201 UNIVERSITY CITY BLVD REESE 411 CHARLOTTE NC 28223 17304542 0 X N/A X 1969 NC THE MISSION IS TO ASSIST THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE IN ITS GENERAL ATHLETIC PROGRAMS BY PROVIDING FINANCIAL AID TO STUDENT ATHLETES AND TO PROVIDE OTHER SUCH AID TO IMPROVE ATHLETIC FACILITIES AND FURTHER ATHLETIC OPERATIONS AND PROGRAMS. 36 33 0 33 0 0 5544745 14952154 0 0 537319 1192055 84698 500526 6166762 16644735 4354772 7833309 0 0 0 0 0 0 325186 2675404 5604808 7030176 13438117 -863414 3206618 42310833 48431223 426618 232497 41884215 48198726 THE MISSION IS TO ASSIST THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE IN ITS GENERAL ATHLETIC PROGRAMS BY PROVIDING FINANCIAL AID TO STUDENT ATHLETES AND TO PROVIDE OTHER SUCH AID TO IMPROVE ATHLETIC FACILITIES AND FURTHER ATHLETIC OPERATIONS AND PROGRAMS. 0 0 8556274 6736841 13971286 DISBURSEMENTS TO UNC CHARLOTTE TO ENHANCE ACADEMIC AND ATHLETIC PROGRAMS INCLUDING CAPITAL PROJECTS. 1096468 1096468 623900 SUPPORT TO UNC CHARLOTTE TO PROVIDE FUNDS FOR ATHLETIC DEPARTMENTAL OPERATIONS, SCHOLARSHIPS, OTHER FINANCIAL AID, AND ADMINISTRATION OF ATHLETIC PROGRAMS INCLUDING MENS AND WOMENS BASKETBALL, SOCCER, BASEBALL, SOFTBALL, VOLLEYBALL, FOOTBALL AND CHEERLEADING. 9652742 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 18 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 36 33 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X GREG VERRET 7046875432 9201 UNIVERSITY CITY BOULEVARD CHARLOTTE NC 282230001 RICHARD AMON TREASURER 1.00 40.00 X X 0 283316 60251 BETH CRIGLER EX-OFFICIO 1.00 40.00 X 0 317360 87091 KELLY WEATHERMAN SECRETARY 1.00 40.00 X X 0 107442 38108 ALI R LACY SHERRILL PRESIDENT 1.00 X 0 0 0 SADLER BARNHARDT EMERITUS 1.00 X 0 0 0 TOM PHILLIPS EMERITUS 1.00 X 0 0 0 CHARLITA R JOSEPH BOARD MEMBER, EX-OFFICIO 1.00 X 0 0 0 JODI KAPLAN BOARD MEMBER, EX-OFFICIO 1.00 X 0 0 0 MIKE HILL BOARD MEMBER, EX-OFFICIO 1.00 X 0 0 0 ALAN COCHRANE CHAIRMAN 1.00 X 0 0 0 ANDREW BAKER BOARD MEMBER 1.00 X 0 0 0 ROBERT B BOYD BOARD MEMBER 1.00 X 0 0 0 KEVIN BREWER BOARD MEMBER 1.00 X 0 0 0 KEVIN BROWN BOARD MEMBER 1.00 X 0 0 0 JERMAINE BURNS BOARD MEMBER 1.00 X 0 0 0 JOEY COHEN BOARD MEMBER 1.00 X 0 0 0 JEFF CORLEY BOARD MEMBER 1.00 X 0 0 0 M HEATH GILBERT JR BOARD MEMBER 1.00 X 0 0 0 SARAH HUNT BOARD MEMBER 1.00 X 0 0 0 KRISTA LONG BOARD MEMBER 1.00 X 0 0 0 JILL LEWIS BOARD MEMBER 1.00 X 0 0 0 ROBBIE LEWIS BOARD MEMBER 1.00 X 0 0 0 RICK MITCHELL BOARD MEMBER 1.00 X 0 0 0 KRYSTION OBIE NELSON BOARD MEMBER 1.00 X 0 0 0 LARRY OGUNJOBI BOARD MEMBER 1.00 X 0 0 0 TIFE OLUSESI BOARD MEMBER 1.00 X 0 0 0 PAT PALMQUIST BOARD MEMBER 1.00 X 0 0 0 JACOB PHARES BOARD MEMBER 1.00 X 0 0 0 JOHNATHAN SHAW BOARD MEMBER 1.00 X 0 0 0 CHARLES SIMMS BOARD MEMBER 1.00 X 0 0 0 SCOTT R STORICK BOARD MEMBER 1.00 X 0 0 0 LINDA SWAYNE BOARD MEMBER 1.00 X 0 0 0 JAMES N TOUCHSTONE BOARD MEMBER 1.00 X 0 0 0 DAN VAN DYKE BOARD MEMBER 1.00 X 0 0 0 WILLIAM WHITTAKER BOARD MEMBER 1.00 X 0 0 0 SHAQUELA WILLIAMS BOARD MEMBER 1.00 X 0 0 0 0 708118 185450 0 0 1 0 NGU SPORTS LIGHTING LLC 2401 PGA BOULEVARD 110 PALM BEACH GARDENS FL 33410 STADIUM LIGHTING 665800 SALEM SPORTS EVENTS LLC 1519 S MARTIN LUTHER KING JR DR WINSTONSALEM NC 27107 CUSTOM INTERIORS 278333 VICTORY AIR LLC 7670 W LAKE MEAD BLVD STE 145 LAS VEGAS NV 89128 AIR TRAVEL 262558 LEGEND SALES & MARKETING LLC 3450 N 127 STREET UNIT A BROOKFIELD WI 53005 ADVERTISING 101700 4 156967 14795187 152626 14952154 590046 590046 943932 225000 566923 0 377009 225000 602009 602009 51974 156967 92884 -40910 -40910 OTHER INCOME 900099 291975 291975 REIMBURSEMENTS 900099 249461 249461 541436 16644735 0 0 1692581 7833309 7833309 3236 3236 29910 29910 64833 64833 896151 458968 139642 297541 91992 31728 52246 8018 1137216 1129988 3611 3617 7942 7942 28552 28552 31700 20213 10577 910 BAD DEBT WRITE-OFF 2086235 2086235 RECRUITMENT 1015104 1015104 REPAIRS & MAINTENANCE 127059 127059 OTHER EXPENSES 81453 22925 43428 15100 3425 3425 13438117 9652742 3460189 325186 15360918 16520900 2697448 4376116 116920 94934 97425 89313 861279 300315 589516 560964 22591760 25976530 856846 812466 42310833 48431223 288977 148115 137641 84382 426618 232497 X 4624102 4009399 37260113 44189327 41884215 48198726 42310833 48431223 X 3206618 3112655 -4762 X 0 1 X 1 0 X 2242250 8121488 6142500 5544745 14952154 37003137 814247 918700 986100 1124654 1279793 5123494 3056497 9040188 7128600 6669399 16231947 42126631 12093195 30033436 33769 32467 256965 518600 590046 1431847 42929 67324 94216 170918 593409 968796 44527274 0.67450 0.81040 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 2,233. 2021 AMOUNT: $ 965. 2022 AMOUNT: $ 10,741. 2023 AMOUNT: $ 93,990. 2024 AMOUNT: $ 541,435. FUNDRAISING INCOME - 2020 AMOUNT: $ 40,696. 2021 AMOUNT: $ 66,359. 2022 AMOUNT: $ 83,475. 2023 AMOUNT: $ 76,928. 2024 AMOUNT: $ 51,974. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23116698 689001 3402727 571445 176851 26460130 21479730 426926 1836265 448791 177432 23116698 21317377 553928 248865 473299 167141 21479730 20567753 366624 890902 451311 56591 21317377 15566487 277083 5157248 385160 47905 20567753 0.13693 0.44878 0.41429 1 1 1 861279 300315 560964 560964 UNCCIF EXTERNAL INVESTMENT POOL 25976530 F 25976530 LEASE LIABILITY 84382 84382 X 21060472 3112655 1279793 88122 4480570 16579902 64833 64833 16644735 14745961 1279793 92884 1372677 13373284 64833 64833 13438117 PART V, LINE 4: ENDOWMENTS ARE USED TO SUPPORT ATHLETIC SCHOLARSHIPS, ATHLETIC FACILITIES, AND ATHLETIC PROGRAMS AND OPERATIONS. PART X, LINE 2: THE FOUNDATION RECORDS LIABILITIES FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CASH SURRENDER VALUE -4,762. FUNDRAISING EXPENSE INCLUDED ON FORM 990 PART VIII 92,884. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE INCLUDED ON FORM 990 PART VIII 92,884. DINNER 104992 104992 1814 19513 12707 GOLF TOURNAMENT 103949 51975 51974 695 1816 12549 43790 208941 156967 51974 695 3630 32062 56497 92884 -40910 1 THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 560791228 501(C)(3) 6971752 861557 FAIR MARKET VALUE ATHLETIC EQUIPMENT AND FACILITIES IMPROVEMENT OF ATHLETIC EQUIPMENT AND FACILITIES 1 0 PART I, LINE 2: THE ATHLETIC FOUNDATION EXISTS TO SUPPORT THE UNIVERSITY AS STATED IN THE BYLAWS OF THE ATHLETIC FOUNDATION. AS SUCH, GRANT FUNDS ARE GIVEN SOLELY TO THE UNIVERSITY. THE ATHLETIC FOUNDATION MAINTAINS DETAILED RECORDS OF THE GIFTS. 0 0 0 0 0 0 0 0 0 BETH CRIGLER EX-OFFICIO 0 317360 0 0 0 0 0 76658 0 10433 0 404451 0 0 RICHARD AMON TREASURER 0 283316 0 0 0 0 0 41260 0 18991 0 343567 0 0 X 1252 152626 FMV 0 1 0 SCHEDULE M, PART I, COLUMN (B) THE NUMBER IN COLUMN B REFLECTS THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD INCLUDES SEVERAL EX-OFFICIO MEMBERS FROM THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE. IN ADDITION, THE CHANCELLOR APPOINTS ONE BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE INTERNAL REVIEW PROCESS IS COORDINATED AND REVIEWED BY TREASURY SERVICES. QUESTIONS, IF ANY, ARE ANSWERED AND THE RETURN IS RELEASED TO BE ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PROVIDES BOARD MEMBERS WITH AN ANNUAL REVIEW OF THE CONFLICT OF INTEREST POLICY AS AN AGENDA ITEM DURING THE BOARD MEETING. A FORMAL POLICY OUTLINING THIS PROCESS HAS BEEN BOARD APPROVED. THE CONFLICT OF INTEREST (COI) POLICY COVERS ALL FACULTY MEMBERS, NON-FACULTY EHRA STAFF, AND DESIGNATED SHRA STAFF IN MANAGEMENT OR SUPERVISORY ROLES. CONFLICTS ARE DETERMINED AT THE DEPARTMENTAL LEVEL THROUGH ANNUAL EVALUATIONS AND ONGOING UPDATES. CONFLICTS REVIEWED AT THE ADMINISTRATIVE LEVEL ARE CATEGORIZED INTO FOUR LEVELS: DISCLOSED BUT GENERALLY ALLOWED, REQUIRING ADMINISTRATIVE REVIEW, PRESUMED INAPPROPRIATE UNLESS MANAGED, AND NOT PERMITTED. RESTRICTIONS ON INDIVIDUALS WITH CONFLICTS VARY BASED ON THE CATEGORY, GENERALLY INCLUDING DISCLOSURE, RECUSAL FROM DELIBERATIONS AND DECISIONS, AND IMPLEMENTATION OF SUPERVISORY PROCEDURES TO MAINTAIN INTEGRITY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: CHANGE IN CASH SURRENDER VALUE -4,762. THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE INVESTMENT FUND 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 562276950 INVESTMENTS NC 501(C)(3) LINE 12A, I UNIVERSITY OF NC CHARLOTTE 0 THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 560791228 UNIVERSITY NC GOVERNMENT UNIT N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0