Overview
What is Unc Health Foundation Inc?
The Unc Health Foundation Inc, originally chartered in 1949 as the Medical Foundation of North Clinical Inc., is a North Carolina-based nonprofit organization situated at 123 W FRANKLIN STREET 510, Chapel Hill, NC, 27516. Its mission is to generate philanthropic support for clinical care, research, and education across UNC Health, including the UNC Lineberger Comprehensive Cancer Center, UNC Children's, and the UNC School of Medicine, among others. The foundation dedicates efforts to medical professionals and healthcare providers who enhance health for all. In the past fiscal year, the foundation received over 28,000 gifts from over 12,000 donors. Engagement programs include recognition societies, donor walls, annual reports, and endowment impact reports. Development staff personally engage donors through phone calls and visits and cultivate relationships through outreach programs and events, both on and off-campus. The Unc Health Foundation manages over 1,500 funds, consisting of endowed, restricted, and unrestricted accounts, which support existing and emerging needs of UNC Health: research, patient care, and family support, and scholarships. The physicians, scientists, and researchers at UNC Health are constantly striving to discover better ways to care for patients through disease prevention and treatment. The funds raised by UNC Health Foundation are essential to the continued success and projected needs for better access to care, better treatments, and better outcomes.
Official website here: www.unchealthfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 94%
The Unc Health Foundation Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an impressive score of 94%, the foundation demonstrates effective governance through its 100% independent board of 28 members, ensuring transparency and ethical oversight. Key financial metrics such as a low liabilities to assets ratio of 0.88% and a high program expense ratio of 81.09% reflect the organization's commitment to utilizing its resources effectively for its mission.
The foundation excels in maintaining robust policies, such as a comprehensive conflict of interest and whistleblower policy, which enhances its operational integrity. Additionally, its fundraising efficiency indicates that it spends only $0.07 to raise a dollar, showcasing its financial prudence and effectiveness. The measures in place for audit and oversight further bolster confidence in the foundation’s financial health and accountability.
While the foundation's overall performance is commendable, as with any organization, continuous monitoring and adaptation to changing operational landscapes are essential. However, the current data highlights a strong foundation that prioritizes responsible governance and efficient resource allocation in pursuit of its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Unc Health Foundation Inc legitimate?
Unc Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unc Health Foundation Inc 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: $411,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,307,243
For more financial information, click here
Official website here: www.unchealthfoundation.org
What is the mission statement of Unc Health Foundation Inc?
The Unc Health Foundation Inc secures financial resources for the Unc School of Medicine and Unc Health to support exceptional clinical care, groundbreaking research, and innovative education. Originating in 1949 as the Medical Foundation of North Clinic Inc, the foundation fosters philanthropic support for clinical care, research, and education across various divisions and institutes at Unc Health. In the past fiscal year, the foundation received over 28,000 gifts from over 12,000 donors. Cultivation and stewardship programs include recognition societies, donor walls, annual reports, and endowment impact reports. The development staff engage with donors through phone calls and visits, as well as outreach programs and events. The foundation manages over 1500 funds, consisting of endowed, restricted, and unrestricted accounts, which support existing and emerging needs at Unc Health: research, patient care and family support, and scholarships. The physicians, scientists, and researchers at Unc Health are dedicated to discovering better ways to care for patients by preventing and treating diseases. The funds raised by Unc Health are essential to the continued success and projected needs for improved access to care, better treatments, and better outcomes.
Official website here: www.unchealthfoundation.org
Who is the CEO of Unc Health Foundation Inc?
Jon Angier is the Director of Unc Health Foundation Inc.
Official website here: www.unchealthfoundation.org
What is the revenue of Unc Health Foundation Inc?
Unc Health Foundation Inc's revenue in 2023 was $57,795,670.
Official website here: www.unchealthfoundation.org
Who are the executives of Unc Health Foundation Inc and what are their salaries?
There 50 volunteers at Unc Health Foundation Inc.
Here are 35 key members and their salaries:
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Official website here: www.unchealthfoundation.org
Where can I find the form 990 for Unc Health Foundation Inc?
Unc Health Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unchealthfoundation.org
Learn more at the official website: www.unchealthfoundation.org
Mission Statement of Unc Health Foundation Inc
Unc Health Foundation Inc, a philanthropic organization originally chartered in 1949, is dedicated to securing financial resources for the UNC School of Medicine and UNC Health. Their mission is to support the highest quality clinical care, life-changing research, and innovative education. Through their efforts, they foster philanthropic support for various areas across UNC Health, including UNC Lineberger Comprehensive Cancer Center, UNC Children's, and the UNC School of Medicine.
The UNC Health Foundation plays a vital role in empowering medical professionals and healthcare providers who work towards improving health for all. They power philanthropy by supporting clinical care, research, and education at home and around the world. In the previous fiscal year, the foundation received over 28,000 gifts from over 12,000 donors. The development staff at UNC Health Foundation personally engages with donors, building relationships through phone calls, visits, outreach programs, and events, both on and off campus.
The UNC Health Foundation manages over 1,500 funds, composed 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 are constantly striving to discover better ways to care for patients through preventing and treating diseases. 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.
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Impact
October, 2024
Unc Health Foundation Inc significantly enhances clinical care, research, and education within the UNC Health system. By securing essential financial resources for the UNC School of Medicine and various health divisions, the foundation plays a pivotal role in advancing healthcare initiatives that directly impact patient outcomes and community health.
In the past fiscal year alone, the foundation garnered over 28,000 donations from more than 12,000 supporters, illustrating strong community engagement and trust. This robust philanthropic backing enables the foundation to manage a diverse portfolio of over 1,500 funds, including endowed and restricted accounts, which serve critical needs such as patient care, research innovations, family support, and scholarships for future healthcare professionals.
The funds raised directly contribute to the work of physicians, scientists, and researchers, empowering them to explore cutting-edge treatments, improve care access, and develop better health solutions. Their efforts not only cater to immediate healthcare needs but also foster a long-term impact on the education of medical professionals, ensuring a continuously evolving and improving healthcare landscape. Through its commitment to fostering philanthropic support, Unc Health Foundation Inc positions itself as a key player in advancing health initiatives and transformative care both locally and globally.
This information is meant to be a general summary of Unc Health Foundation Inc. 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 2023.
- Investment Income: $6,046,510
- Gross Receipts: $73,382,167
Assets and Liabilities:
- Total Assets: $578,700,034
- Total Liabilities: $5,129,469
- Net Assets: $573,570,565
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Organization Details
Founding Year
1949
Phone
(919) 966-1201Principal Officer
Jon Angier
Main Address
123 W FRANKLIN STREET 510, CHAPEL HILL, NC, 27516
Website
www.unchealthfoundation.orgNTEE Category
Code: B110 - Education
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