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Educational Foundation INC

Public charity
DBA: % DIANE S ALDRIDGE
Other · CHAPEL HILL, NC · EIN 56-6058412

About

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.

In care of Diane S Aldridge

Donations are tax-deductible
Category
Other
Employees
59
Volunteers
200

Financial Snapshot

FY ending 2023-06-30
Revenue
$81.8M
Expenses
$78.8M
Assets
$213.3M
Liabilities
$120.1M

Financial history

$88.4M$44.2M$0
151617181920212223
RevenueExpenses
Latest FY2023: $81.8M · Peak FY2022: $82.4M · Avg: $57.0M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$14.0M
EDUCATIONAL FOUNDATION INC
Your actions

Address

PO BOX 2446
Chapel HILL, NC, 27515-244

Governance

Voting board members25
Independent members25
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %64.8%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Retained by contractors$48K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.