UNC Health Foundation

Nonprofit profile at a glance

EIN
561717285
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Chapel Hill, NC, United States
Phone
919-966-1201
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,191,575
Expenses
$6,607,007
Assets
$102,494,032
Liabilities
$4,860

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • MARY MARGARET CARROLL (EXECUTIVE DIRECTOR/SECRETARY, EX-OFFICIO)

People named in this filing

  • KATHLEEN ANN KANEY (CHAIR)
  • GEORGE EGLINGTON THOMAS (VICE CHAIR)
  • TIFFANY J FARINA (TREASURER, EX-OFFICIO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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. Gift establishing a new RNA biology professorship will support faculty who carry forward his vision of collaboration across campus Walk through the halls of the University of North Carolina’s Genome Sciences Building, and you quickly sense the presence of Bill … Read more []( "MPS Families Find Community at Carolina Baseball Awareness Night") MPS Families Find Community at Carolina Baseball Awareness Night.

What it reported doing in 2024

The public health foundation provides support to the unc gillings school of global public health whose purpose is to accelerate solutions to the world's most pressing public health problems. Its faculty and staff serve all 100 North Carolina counties by training more than 5,000 public health professionals each year and educating more than 2,400 students.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 94
  • Accountability: 93
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.9%; rating input score 97
  • Fundraising efficiency: $25.79 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.5%; rating input score 88; 19th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -57.6%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 15.51; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 27th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 100% of revenue deployed · 96.9% of spending went to programs
  • Governance: 23 of 26 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $6.4M in reported program spending
  • Leadership: top reported pay $0 · 26 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 2/100.