EIN 56-6057494

Medical Foundation of North Carolina

IRS 501(c) type
501(c)(3)
Num. employees
56
Year formed
1949
Most recent tax filings
2019-06-01
Description
Established in 1949, The Medical Foundation of North Carolina secures financial and volunteer resources for the UNC School of Medicine and UNC Health Care to provide for a healthier future through medical education, research, and patient care.
Total revenues
$65,309,666
2019
Total expenses
$28,306,892
2019
Total assets
$398,675,641
2019
Num. employees
56
2019

Program areas at Medical Foundation of North Carolina

Originally chartered in 1949 as a charitable not-for-profit organization, the medical foundation of north carolina, inc. (aka unc medicine), fosters private gift support of programs throughout the school of medicine and unc hospitals. Unc medicine is the fundraising engine that powers philanthropic investment for the university of north carolina's top-notch medical education programs, clinical and scientific research initiatives, and patient care infrastructure. Unc medicine raises critical funding to train the next generation of expert caregivers, move world-renowned research from the bench to the bedside, and provide the best possible care to people in every county in north carolina and every corner of the world. In the past fiscal year, the foundation received nearly 25,000 gifts from over 15,000 donors, closing out a record-breaking year. Cultivation and stewardship programs across unc medicine include recognition societies, donor walls, annual reports and endowment impact packets. 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 medical foundation manages over 1,800 funds, comprised of endowed, restricted and unrestricted accounts. These funds support the existing and emerging needs of all aspects medicine touches, from molecular research, to patient and family support, to scholarships. The physicians, scientists, and researchers at unc constantly strive to discover better ways to care for patients through preventing and treating disease. The funds raised by unc medicine are essential to the continued success and projected need for better access to care, better treatments and better outcomes.

Grants made by Medical Foundation of North Carolina

GranteeGrant descriptionAmount
University of North Carolina at Chapel HillSee Part Iv$20,339,103

Who funds Medical Foundation of North Carolina

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
One MindGrant Support for the Aurora Program$2,000,000
John William Pope FoundationRestricted - Unc Lineberger - Tomorrow's Best Hope$666,667
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$624,511
...and 40 more grants received totalling $6,159,327

Personnel at Medical Foundation of North Carolina

NameTitleCompensation
Lee WagnerChief Financial Officer, Senior Director$71,419
Martin BaucomVice President for Development / Senior Executive Director of Deve$105,911
Bill WhisenantDirector , Principal Gifts / Director Principal Gifts
Eli JordfaldExecutive Director , Healthcare / Senior Director of Major Gifts
Jeanine SimmonsSenior Executive Director of
...and 39 more key personnel

Financials for Medical Foundation of North Carolina

RevenuesFYE 06/2019
Total grants, contributions, etc.$55,083,145
Program services$0
Investment income and dividends$4,579,485
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,776,437
Net income from fundraising events$168,434
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$702,165
Total revenues$65,309,666

Form 990s for Medical Foundation of North Carolina

Fiscal year endingDate received by IRSFormPDF link
2019-062020-02-13990View PDF
2018-062019-03-15990View PDF
2017-062018-01-18990View PDF
2016-062017-04-05990View PDF
2015-062016-01-22990View PDF
...and 5 more Form 990s

Organizations like Medical Foundation of North Carolina

OrganizationLocationRevenue
Providence Portland Medical FoundationRenton, WA$43,722,094
The Max FoundationSeattle, WA$59,917,359
National CHILDREN'S Cancer Society (NCCS)St Louis, MO$31,768,560
ASU FoundationTempe, AZ$234,163,963
Eastern Virginia Medical School (EVMS)Norfolk, VA$27,740,362
CancerCare Co-Payment Assistance Foundation (CCAF)New York, NY$62,890,494
Northern Arizona University (NAU)Flagstaff, AZ$27,725,892
Bliss CaresOrlando, FL$31,398,129
The North Carolina Agricultural FoundationRaleigh, NC$43,794,277
Minnesota Medical Foundation (MMF)Minneapolis, MN$51,003,178
Data update history
August 2, 2022
Received grants
Identified 4 new grant, including a grant for $10,250 from American Endowment Foundation
September 23, 2021
Received grants
Identified 26 new grant, including a grant for $2,000,000 from One Mind
August 7, 2021
Updated personnel
Identified 3 new personnel
May 1, 2021
Posted financials
Added Form 990 for fiscal year 2019
November 22, 2020
Received grants
Identified 1 new grant, including a grant for $50,000 from The Mcallister Charitable Foundation
Nonprofit Types
Grantmaking organizationsDisease research fundraisersDisease-focused nonprofitsCharities
Issues
HealthEducation
Characteristics
Funds one specific organizationProvides grantsConducts researchFundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
123 W Franklin St Suite 510
Chapel Hill, NC 27516
Metro area
Durham-Chapel Hill, NC
County
Orange County, NC
Website URL
unchealthfoundation.org/ 
Phone
(919) 966-1201
IRS details
EIN
56-6057494
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1949
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G11: Voluntary Health Associations and Medical Disciplines Single Organization Support
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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