Printable Form 990 (Schedule R) Charlotte North Carolina 2025

Printable Form 990 (Schedule R) Charlotte North Carolina: What You Should Know

The UNC, Chapel Hill, is an independent, not-for-profit corporation that was created by amendments to the North Carolina General Statutes, on July 1, 1989. It is authorized to do business in North Carolina. It operates as a tax- exempt, educational, research, development and research corporation authorized under Chapter 10, Article 13 of the North Carolina General Statutes. Its principal office is in Chapel Hill, NC 28. The institution is organized and controlled for the benefit of students, alumni and faculty members of the University of North Carolina, North Carolina and Carolina Tech, North Carolina State University and the Carolina Agricultural and Technical State University. All employees of the UNC-Chapel Hill are also employees of North Carolina State University who are permitted to engage in exempt activities. The UNC-Chapel Hill is not engaged exclusively in educational, research or other exempt activities. It is a public benefit corporation, and its tax status under the Internal Revenue Code is granted as a tax-exempt corporation in North Carolina. Taxpayers with questions about their status should contact the North Carolina Department of Administration, Tax, at. UNC and its corporate entities are not affiliated with or controlled by the UNC System and the state of North Carolina. University of North Carolina, Carolina State University and C.W. Post University are recognized by the Internal Revenue Service as the North Carolina State University System. UNC System-affiliated schools are not eligible for tax-exempt status under section 501(c)(3) of this Act. The UNC System is a separate tax-exempt corporation, separate and distinct from North Carolina State University and UNC-Chapel Hill. No tuition is charged at UNC and at C.W. Post University. The amount donated is considered charitable support only. UNC is not a public university, but it is a University with a governing Board and Board of Governors. All activities of the corporation are for educational, scientific, cultural and research purposes only. UNC has its own Board of Governors. It does not accept Federal funds. The Corporation receives its support from the General Assembly through appropriation bills approved by the General Assembly and also as a result of Federal dollars provided by the U.S. Department of Education. The Corporation maintains the UNC-Chapel Hill Building, the North Carolina State Research Campus, and the UNC Health System and from individual donors through grants. UNC's Form 990, Schedule R (Form 990) reports only contributions.

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