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The University of North Carolina at Asheville Foundation Inc

The University of North Carolina at Asheville Foundation Inc

Asheville, NC, US
501(c)3
EIN
23-7073829
funder logo

The University of North Carolina at Asheville Foundation Inc

Asheville, NC, US
501(c)3
EIN
23-7073829

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$9,434,710

Contributions
77%
Other
19%
Investments
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025

$7,386,521

Grants
62%
Other
19%
Fees to Service Providers
14%
Interest
3%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Offices, Occupancy & IT
0%
Revenues
2024
2025
Change
Contributions
$3,403,070
$7,310,868
+115%
Government Grants
$500,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$362,560
$336,952
-7%
Other
$3,051,656
$1,786,890
-41%
Total Revenues
$7,317,286
$9,434,710
+29%
Expenses
2024
2025
Change
Grants
$8,237,463
$4,615,278
-44%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$1,315,073
$1,041,401
-21%
Advertising & Promotion
$72,301
$16,810
-77%
Offices, Occupancy & IT
$0
$0
-
Interest
$190,626
$226,317
+19%
Depreciation
$95,577
$76,808
-20%
Other
$1,493,337
$1,409,907
-6%
Total Expenses
$11,404,377
$7,386,521
-35%
Net income
2024
2025
Change
Net income
-$4,087,091
+$2,048,189
-150%
Functional Expenses
Summary
2024
2025
Change
Program
$10,753,330
$6,640,555
-38%
Admin
$240,840
$280,422
+16%
Fundraising
$410,207
$465,544
+13%
Total Expenses
$11,404,377
$7,386,521
-35%
Income Statement
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