UNC Health Foundation Inc
123 W Franklin St Ste 510, Chapel Hill, NC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $71,635,095 | $58,974,890 | $683,828,120 |
| FY2024 | $62,934,826 | $65,312,422 | $623,952,236 |
| FY2023 | $57,795,670 | $59,596,819 | $573,570,565 |
| FY2022 | $92,147,897 | $39,678,471 | $566,464,039 |
| FY2021 | $71,596,101 | $31,167,485 | $538,126,734 |
| FY2020 | $34,962,936 | $32,423,059 | $406,930,102 |
| FY2019 | $65,309,666 | $28,306,892 | $397,493,699 |
| FY2018 | $42,494,729 | $29,876,897 | $349,063,638 |
| FY2017 | $29,228,729 | $26,158,725 | $315,568,931 |
| FY2016 | $29,202,852 | $18,393,685 | $285,661,578 |
| FY2015 | $40,181,123 | $18,150,600 | $280,154,054 |
| FY2014 | $30,209,133 | $19,961,750 | $256,244,475 |
| FY2013 | $31,064,648 | $20,211,688 | $228,168,407 |
| FY2012 | $20,420,556 | $19,971,702 | $212,728,162 |
Form 990 filings
The returns filed by UNC Health Foundation Inc (EIN 56-6057494), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $60,548,960 | 85% |
| Program service revenue | $0 | 0% |
| Other revenue | $11,086,135 | 15% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $46,651,704 | 79% |
| Management & general | $6,136,260 | 10% |
| Fundraising | $6,186,926 | 10% |
What the numbers show
- Contributions & grants made up 85% of total revenue in FY2025.
- Program services accounted for 79% of functional expenses, management & general 10%, and fundraising 10%.
- 79% of functional expenses went to program services in FY2025. That is higher than 42.8% of 152 Education organizations in NC.
- Net assets covered about 139.1 months of expenses at the end of the reporting year. That puts it in the 92nd percentile among 1703 Education organizations in NC.
- Total revenue was higher than 98.9% of 1724 Education organizations in NC.
- Total revenue rose from $20,420,556 in FY2012 to $71,635,095 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2023, FY2024).
- The highest revenue on record here is $92,147,897 in FY2022.
- Net assets grew from $212,728,162 to $683,828,120 between FY2012 and FY2025.
- Contributions and grants made up 63% of revenue in FY2012 and 85% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE UNC HEALTH FOUNDATION, INC. SECURES FINANCIAL RESOURCES FOR THE UNC SCHOOL OF MEDICINE AND UNC HEALTH TO SUPPORT THE HIGHEST QUALITY CLINICAL CARE, LIFE-CHANGING RESEARCH AND INNOVATIVE EDUCATION.
IRS status
| Ruling year | 1951 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in NC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Providence Day School — Charlotte, NC · $72,890,636
- Warren Wilson College — Swannanoa, NC · $68,261,812
- Livingstone College — Salisbury, NC · $68,135,223
- Charlotte Country Day School — Charlotte, NC · $67,433,403
- Charlotte Latin Schools Inc — Charlotte, NC · $64,437,871
- Belmont Abbey College — Belmont, NC · $63,695,801
- Lenoir-Rhyne University — Hickory, NC · $81,097,533
- Mars Hill University — Mars Hill, NC · $61,867,647
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.