Unc Health Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
AT UNC HEALTH FOUNDATION, WE INSPIRE PHILANTHROPIC SUPPORT FOR UNC HEALTH AND UNC SCHOOL OF MEDICINE THAT TRANSFORMS HEALTHCARE AND PROVIDES HOPE TO THE PEOPLE OF NORTH CAROLINA AND COMMUNITIES AROUND THE WORLD.
- Income
- $71.6 million
- Spending
- $59.0 million
- Spent on programs
- 79%
- Reserves
- 6.8 months of spending
- Largest source of income
- donations and private grants, 85%
- Employees
- 0
- Volunteers
- 50
- Highest pay
- $592,474, chief philanthropy & pres
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 88% of charities in its peer group (education, $10m to $100m).
Reserves
28 of 35Spendable reserves would cover 6.8 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Income trend
15 of 15Income rose 14% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2534 of 35 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $46.7 million spent. ORIGINALLY CHARTERED IN 1949 AS THE MEDICAL FOUNDATION OF NORTH CAROLINA, INC., UNC HEALTH FOUNDATION FOSTERS PHILANTHROPIC SUPPORT OF CLINICAL CARE, RESEARCH AND EDUCATION FOR AREAS ACROSS UNC HEALTH, INCLUDING UNC LINEBERGER COMPREHENSIVE CANCER CENTER, UNC CHILDREN'S, THE UNC SCHOOL OF MEDICINE AND MANY OTHER DIVISIONS, CENTERS AND INSTITUTES.AT UNC HEALTH FOUNDATION, WE WORK DILIGENTLY FOR THE MEDICALPROFESSIONALS AND HEALTH CARE PROVIDERS WHO IMPROVE HEALTH FOR ALL. WE POWER PHILANTHROPY TO SUPPORT THE HIGHEST QUALITY CLINICAL CARE, LIFE-CHANGING RESEARCH AND INNOVATIVE EDUCATION AT HOME AND AROUND THE WORLD.IN THE PAST FISCAL YEAR, THE FOUNDATION RECEIVED MORE THAN 32,000 GIFTS FROM OVER 14,000 DONORS. CULTIVATION AND STEWARDSHIP PROGRAMS ACROSS THE FOUNDATION INCLUDE RECOGNITION SOCIETIES, DONOR WALLS, ANNUAL REPORTS AND ENDOWMENT IMPACT REPORTS. THE DEVELOPMENT STAFF PERSONALLY ENGAGED WITH DONORS THROUGH PHONE CALLS AND VISITS, ALSO CULTIVATING RELATIONSHIPS THROUGH OUTREACH PROGRAMS AND EVENTS, BOTH ON AND OFF CAMPUS.THE UNC HEALTH FOUNDATION MANAGES OVER 1,800 FUNDS, COMPRISED OF ENDOWED, RESTRICTED AND UNRESTRICTED ACCOUNTS. THESE FUNDS SUPPORT THE EXISTING AND EMERGING NEEDS OF UNC HEALTH: RESEARCH, PATIENT CARE AND FAMILY SUPPORT, AND SCHOLARSHIPS.THE PHYSICIANS, SCIENTISTS AND RESEARCHERS AT UNC HEALTH CONSTANTLY STRIVE TO DISCOVER BETTER WAYS TO CARE FOR PATIENTS THROUGH PREVENTING AND TREATING DISEASE. THE FUNDS RAISED BY UNC HEALTH ARE ESSENTIAL TO THE CONTINUED SUCCESS AND PROJECTED NEED FOR BETTER ACCESS TO CARE, BETTER TREATMENTS AND BETTER OUTCOMES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1951.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
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