EDUCATIONAL FOUNDATION INC
450 Skipper Bowles Drive, Chapel Hill, NC 27599 www.ramsclub.com

Total Revenue
$79,221,316
Total Expenses
$43,399,868
Net Assets
$16,314,049

Organizations Filed Purposes: THE SPECIFIC OBJECTS FOR WHICH THIS CORPORATION ARE FORMED INCLUDE, WITHOUT LIMITATION, (A) PROVIDING ASSISTANCE TO WORTHY YOUNG MEN AND WOMEN SEEKING AN EDUCATION AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL (THE "UNIVERSITY") AND (B) SUPPORTING UNIVERSITY PROGRAMS BY PROVIDING FUNDS FOR THE CONSTRUCTION OF FACILITIES OR THE PURCHASE OF EQUIPMENT FOR SUCH PROGRAMS.

THE CORPORATION WAS FORMED TO PROVIDE EDUCATIONAL ASSISTANCE TO INDIVIDUALS ATTENDING THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL AND TO SUPPORT UNC facilities & PROGRAMS

CONTRIBUTIONS TO UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL: CONTRIBUTIONS TO UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL TO PROVIDE SCHOLARSHIP ASSISTANCE TO STUDENT ATHLETES.

CONTRIBUTIONS TO UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL: CONTRIBUTIONS TO UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL TO PROVIDE FINANCIAL ASSISTANCE TO OPERATING BUDGETS FOR 28 SPORTS, TO PROVIDE DEBT SERVICE FOR PREVIOUS RENOVATIONS OF ATHLETIC FACILITIES, TO PROVIDE ASSISTANCE WITH CONSTRUCTION OF PARKING FACILITIES ON CAMPUS, AND TO PROVIDE FINANCIAL ASSISTANCE TO VARIOUS OTHER ATHLETIC PROGRAMS AND PROJECTS.

CONTINUED CONSTRUCTION OF MULTIPLE ATHLETIC PROJECTS INCLUDING 1) A NEW DEDICATED INDOOR FOOTBALL PRACTICE FACILITY AND TWO PRACTICE FIELDS, 2) A NEW SOCCER AND LACROSSE STADIUM COMPLEX INCLUDING A TEAM BUILDING AND MUSEUM AND A STADIUM COMPLEX WITH INDIVIDUAL SEATS, CONCESSIONS AND RESTROOMS AND CONCOURSES CONNECTING THE NORTH AND SOUTH SIDES OF CAMPUS, 3) A NEW FIELD HOCKEY STADIUM INCLUDING A NEW TEAM BUILDING AND STADIUM COMPLEX, AND 4) A NEW DEDICATED OUTDOOR TRACK COMPLEX WITH FOUR ADJACENT PRACTICE FIELDS, PAVED PARKING, PERMANENT SEATING AND RESTROOMS. EXPANDED THE BOUNDARY AREAS AND UPGRADED THE PLAYING SURFACE AT KENAN STADIUM IN ORDER TO ACCOMMODATE FOOTBALL PRACTICE AND COMPETITION DURING THE CONSTRUCTION OF THE INDOOR FOOTBALL PRACTICE FACILITY. COMPLETED RENOVATIONS IN THE KENAN STADIUM FOOTBALL LOCKER ROOM AND WEIGHT ROOM. BEGAN RENOVATIONS TO THE EDDIE SMITH FIELDHOUSE TO INCLUDE RE-SURFACING THE TRACK, ATHLETE LOCKER ROOM AND LOUNGE ENHANCEMENTS, A FUELING AND RECOVERY STATION, INTERIOR PAINTING, EXTERIOR ENTRANCE ENHANCEMENTS AND UPDATED SIGNAGE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
John MontgomeryEXECUTIVE DIRECTOR40$421,862
Tim SmithDEPUTY DIRECTOR40$197,842
Ken MackASSOC EXEC DIRECTOR LEAD GIFTS40$196,014
Diane AldridgeCFO & GENERAL COUNSEL40$185,554
Dawn McphersonCHIEF OPERATING OFFICER40$171,203
Sue W StankavageASSOC EXEC DIR SCHOLARSHIP40$170,016
Matt TerrellCHIEF STRATEGY & COMM OFFICER40$150,978
Seth ReevesMAJOR GIFTS DIRECTOR40$148,331
Eric MontrossMAJOR GIFTS DIRECTOR40$144,966
Vaughn MooreEXECUTIVE BOARD MEMBER0$0
Alge CrumplerEXECUTIVE BOARD MEMBER0$0
Melanie BieseEXECUTIVE BOARD MEMBER0$0
Frank BrennerEXECUTIVE BOARD MEMBER0$0
David RouthEXECUTIVE BOARD MEMBER0$0
Jim SigmanEXECUTIVE BOARD MEMBER0$0
Anne LloydEXECUTIVE BOARD MEMBER0$0
Vanessa WittmanEXECUTIVE BOARD MEMBER0$0
Chuck DuckettEXECUTIVE BOARD MEMBER0$0
Keith StonemanEXECUTIVE BOARD MEMBER0$0
Henry SmithEXECUTIVE BOARD MEMBER0$0
Laura ScottEXECUTIVE BOARD MEMBER0$0
Dwight StoneEXECUTIVE BOARD MEMBER0$0
Munroe CobeyEXECUTIVE BOARD MEMBER0$0
Don WilliamsVICE CHAIR0$0
Chris SmithEXECUTIVE BOARD MEMBER0$0
Ken WilliamsEXECUTIVE BOARD MEMBER0$0
Tom MannSECRETARY0$0
Miltom PettyTREASURER0$0
Steve VetterCHAIR0$0
Todd PopePAST CHAIR0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202141279349302924_public.xml