UNC Health Foundation
Legal name: Unc Health Foundation Inc
Nonprofit profile at a glance
- EIN
- 566057494
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Chapel Hill, NC, USA
- Phone
- Main Line: 919-966-1201
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $71,635,095
- Expenses
- $58,974,890
- Assets
- $687,650,728
- Liabilities
- $3,822,608
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
41 people listed
Highest reported compensation
- LESLIE H NELSON-BERNIER (CHIEF PHILANTHROPY & PRES): $592,474 total reported compensation
- MARTIN ALEXANDER BAUCOM (VP, TRANSFORMATIONAL GIVING): $343,515 total reported compensation
- KARA RAYNOR (VP FOR PHILANTHROPY): $313,217 total reported compensation
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. To help address healthcare access disparities and grow the state’s workforce, UnitedHealth Group has made a $3 million, four-year grant to the UNC Health Foundation to support the Robert A. Ingram Institute for Healthcare Access. Since its inception in 2024, … Read more []( "Mikhail Professorship Elevates the Future of UNC Surgical Oncology") Mikhail Professorship Elevates the Future of UNC Surgical Oncology.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Donor-supported. 85% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 62
- Accountability: 98
- Sustainability: 81
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.6%; rating input score 71
- Program expense ratio: 79.1%; rating input score 79
- Fundraising efficiency: $9.79 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.1%; rating input score 97; 53rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 17.7%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 11.66; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 96; 96th percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: 12.4% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 9% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 65th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 70.6% of revenue deployed · 79.1% of spending went to programs
- Governance: 34 of 35 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $46.7M in reported program spending
- Leadership: top reported pay $592K · 41 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $574K reported
- Consistency: 40 of 40 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 14 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
- High — Sustainability: Officer compensation ratio scored 26/100.