FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE (EIN 566059417) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

BETH CRIGLER

Phone

7046875806

Tax Period

2024-07-01 to 2025-06-30

FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE, founded in 1963, is a mid-sized nonprofit that reported $61.3M in total revenue in fiscal year 2024. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33.8M, a strong 55% operating margin.

Mission

THE FOUNDATION OF UNC CHARLOTTE RECEIVES CONTRIBUTIONS TO PROMOTE AND DEVELOP THE ACADEMIC AND EDUCATIONAL PURPOSE OF UNC CHARLOTTE BY PROVIDING SUPPORT FOR OPERATIONS, EDUCATIONAL PROGRAMS, AND SCHOLARSHIPS FOR THE UNIVERSITY AND ITS STUDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,633,884

Program Service Revenue $0

Investment Income $5,068,638

Other Revenue $6,557,116

TOTAL REVENUE $61,259,638

Expense Breakdown

Grants Paid $18,446,492

Salaries & Benefits $0

Fundraising Expenses $113,956

Program Expenses $22,875,726

Other Expenses $8,972,386

TOTAL EXPENSES $27,418,878

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,259,638	$22,862,049	+1.7%
Expenses	$27,418,878	$30,903,080	-0.1%
Net Income	$33,840,760	$-8,041,031	-5.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$977,068

Total Directors

$343,567

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR RICHARD AMON	TREASURER	1.00	Officer Director	$0	$60,251	$343,567
GENE B JOHNSON	CHAIR	1.00	Director	$0	$0	$0
BRYAN A DELANEY	VICE CHAIR	1.00	Director	$0	$0	$0
DONNIE KOONCE	VICE CHAIR	1.00	Director	$0	$0	$0
GEORGE G KROUSTALIS	VICE CHAIR	1.00	Director	$0	$0	$0
GREGORY S ROSS	VICE CHAIR	1.00	Director	$0	$0	$0
EMMA S ALLEN	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
AMY KLEIN AZNAR	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
PAUL BATES	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
DR CRAIG R BROWN	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
TANYA BROWN	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
BO CAUBLE	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
DAVID H COBLE	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
LARRY COLBOURNE	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
AMANDA WEISIGER CORNELSON	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY JEFF FLOYD	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
THERESA FOUST	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
JOE FRANCO	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
SHARON GABER	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
JOHNATHAN HILL	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
SUSAN N JAMISON	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
RYAN LAMBERT	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
TRACY E MONTROSS	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER CHRIS MOXLEY	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
KERR Y PUTNEY	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
ROBERT A ROWELL	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
CHARLES SIMMS	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
NICK SULAK	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
ANNE M TOMPKINS	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
PAULA R VINCENT	INDIVIDUAL TRUSTEE	1.00	Director	$0	$0	$0
BETH CRIGLER	PRESIDENT	12.00	Officer	$0	$87,091	$404,451
TAMMIE BOYD	SECRETARY	12.00	Officer	$0	$46,032	$229,050

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$61,259,638	$27,418,878	$462,343,134	$33,840,760
2024	$22,862,049	$30,903,080	$339,313,829	$-8,041,031
2023	$23,706,211	$20,363,456	$331,513,434	$3,342,755
2022	$30,887,387	$19,591,739	$321,969,429	$11,295,648
2021	$34,157,132	$13,257,329	$296,107,277	$20,899,803
2020	$19,192,021	$13,612,363	$211,187,187	$5,579,658
2019	$14,506,436	$19,633,267	$172,304,089	$-5,126,831
2018	$8,421,971	$15,237,205	$168,066,770	$-6,815,234

FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE