EIN 56-6094839

Educational Foundation Scholarship Endowment Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1968
Most recent tax filings
2022-06-01
Description
The Educational Foundation Scholarship Endowment Trust forwards distributions to the Educational Foundation, Inc. to provide financial support for scholarships awarded to student-athletes at the University of North Carolina at Chapel Hill. Organized exclusively for this purpose, the Trust operates under the direction of the Foundation as its agent.
Total revenues
$25,037,284
2022
Total expenses
$12,994,195
2022
Total assets
$400,369,374
2022
Num. employees
0
2022

Program areas at Educational Foundation Scholarship Endowment Trust

Distributions from the Scholarship Trust are forwarded to the Educational Foundation, inc. In its capacity as agent for the Trust. The Foundation then forwards these distributions directly to the university of north carolina at chapel hill to provide financial assistance to over 700 student-athletes at the university.

Grants made by Educational Foundation Scholarship Endowment Trust

GranteeGrant descriptionAmount
The Rams ClubScholarships$12,761,763

Who funds Educational Foundation Scholarship Endowment Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Laura M and Peter T Grauer FoundationGeneral Purpose$50,000
Tony Cruse Sports Medicine FoundationGeneral Support - Education$40,000
Sa Bossong Trust FundGeneral Support$3,000
...and 1 more grant received

Personnel at Educational Foundation Scholarship Endowment Trust

NameTitleCompensation
Dawn McPhersonDirector Campaign Operations / Chief Operating Officer / Director of Administration$0
Diane S AldridgeChief Financial Officer and General Counsel$0
Matt TerrellChief Strategy and Communications Officer / Chief Strategy and Comm Officer / Associate Executive Director Strategy and Comm$0
John MontgomeryExecutive Director of the Rams Club$0
Ken MackSenior Asssociate Executive Director for Operation$0
...and 1 more key personnel

Financials for Educational Foundation Scholarship Endowment Trust

RevenuesFYE 06/2022
Total grants, contributions, etc.$11,055,709
Program services$0
Investment income and dividends$7,540
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$13,974,035
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$25,037,284

Form 990s for Educational Foundation Scholarship Endowment Trust

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-18990View PDF
2019-062020-09-22990View PDF
2018-062019-08-17990View PDF
2017-062018-09-12990View PDF
2016-062017-09-27990View PDF
...and 6 more Form 990s

Organizations like Educational Foundation Scholarship Endowment Trust

OrganizationLocationRevenue
Truman State University FoundationKirksville, MO$10,814,478
Tennessee Technological University FoundationCookeville, TN$26,869,874
The Upstate FoundationSyracuse, NY$16,462,782
University Of Virginia Darden School FoundationCharlottesville, VA$96,870,988
University of Vermont And State Agricultural College FoundationBurlington, VT$70,043,087
The Citadel FoundationCharleston, SC$48,215,262
Hispanic Scholarship FundGardena, CA$60,036,131
Pinellas Education Foundation (PEF)Largo, FL$10,365,473
University System of Maryland Foundation (USMF)Adelphi, MD$97,078,608
Jefferson Scholars FoundationCharlottesville, VA$36,629,374
Data update history
July 3, 2023
Updated personnel
Identified 2 new personnel
May 10, 2023
Received grants
Identified 2 new grant, including a grant for $133,333 from John William Pope Foundation
August 2, 2022
Received grants
Identified 2 new grant, including a grant for $40,000 from Tony Cruse Sports Medicine Foundation
January 28, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
450 Skipper Bowles Dr
Chapel Hill, NC 27514
Metro area
Durham-Chapel Hill, NC
County
Orange County, NC
Website URL
ramsclub.com/ 
Phone
(919) 843-2000
IRS details
EIN
56-6094839
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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