Overview
What is University Of North Carolina At Charlotte Investment Fund?
The University of North Carolina at Charlotte Investment Fund, Inc. is a not-for-profit organization situated in Charlotte, North Carolina. Its primary mission is to support the University of North Carolina at Charlotte by managing investments for charitable, non-profit foundations, associations, trusts, endowments, and other entities. Established with the aim of generating sufficient investment returns to meet the current needs of its members, any excess returns are reinvested for future requirements. The fund also focuses on developing and implementing policies and strategies to optimize investment returns while minimizing risk. By providing investment management services, the University of North Carolina at Charlotte Investment Fund, Inc. contributes to the university's ongoing growth and development.
Is University Of North Carolina At Charlotte Investment Fund legitimate?
University Of North Carolina At Charlotte Investment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of North Carolina At Charlotte Investment Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of University Of North Carolina At Charlotte Investment Fund?
The University of North Carolina at Charlotte Investment Fund, as a North Carolina not-for-profit organization, is established with a primary purpose of accepting funds from members for long-term investment. The fund's objective is to generate sufficient investment returns to provide current income for distribution to its members, meeting their charitable, scientific, and educational requirements. Any excess investment returns are reinvested to meet future needs and to develop and monitor policies and strategies to maximize investment returns and minimize investment risk. The fund's mission is to support the University of North Carolina at Charlotte by providing investment management services for various charitable not-for-profit foundations, associations, trusts, endowments, and other funds primarily benefiting the university.
Who is the CEO of University Of North Carolina At Charlotte Investment Fund?
Richard Amon is the Sec/Treas of University Of North Carolina At Charlotte Investment Fund.
What is the revenue of University Of North Carolina At Charlotte Investment Fund?
University Of North Carolina At Charlotte Investment Fund's revenue in 2022 was $410,794.
Who are the executives of University Of North Carolina At Charlotte Investment Fund and what are their salaries?
There 6 volunteers at University Of North Carolina At Charlotte Investment Fund.
Here are 8 key members and their salaries:
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- Related: $246,641
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Where can I find the form 990 for University Of North Carolina At Charlotte Investment Fund?
University Of North Carolina At Charlotte Investment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of North Carolina At Charlotte Investment Fund
The University of North Carolina at Charlotte Investment Fund, in its role as a North Carolina not-for-profit organization, is established with a primary purpose of accepting funds from its members for long-term investment. The mission of this fund is to generate sufficient investment returns that can be distributed to its members, meeting their current charitable, scientific, and educational requirements. Any excess investment returns are reinvested to cater to future needs, thereby ensuring the fund's capacity to meet the evolving requirements of its members. The University of North Carolina at Charlotte Investment Fund also develops and monitors policies and strategies to optimize investment returns and minimize investment risk, thereby ensuring the fund's long-term sustainability and effectiveness. The ultimate goal of the University of North Carolina at Charlotte Investment Fund is to support the University of North Carolina at Charlotte by providing investment management services to various charitable not-for-profit foundations, associations, trusts, endowments, and other funds or entities primarily organized and operated for the benefit of the University of North Carolina at Charlotte.
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Impact
October, 2024
The University of North Carolina at Charlotte Investment Fund plays a crucial role in supporting the long-term financial health of the university. By accepting contributions from its members and managing these funds strategically, it aims to generate sufficient investment returns that can be distributed to meet immediate needs for charitable, scientific, and educational initiatives.
This impact extends not only to current funding requirements but also ensures that excess returns are reinvested to safeguard future financial stability. The fund prioritizes maximizing investment returns while minimizing risks, which is essential for sustaining the mission of the university and its affiliated organizations.
Through effective investment management, the fund enables charitable foundations, associations, trusts, and endowments associated with UNC Charlotte to thrive, ultimately enhancing the educational experience and resources available to students and faculty. This strategic financial management underpins the university's long-term goals and supports its continuous growth and development.
This information is meant to be a general summary of University Of North Carolina At Charlotte Investment Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $406,022
- Gross Receipts: $410,794
Assets and Liabilities:
- Total Assets: $306,480,982
- Total Liabilities: $252,735
- Net Assets: $306,228,247
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Organization Details
Founding Year
2004
Phone
(704) 687-5806Principal Officer
Richard Amon
Main Address
9201 UNIVERSITY CITY BLVD REESE 411, CHARLOTTE, NC, 282230001
NTEE Category
Code: B11 - Education
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