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Advisor Resources

Tax-ID # for All Carolina Foundations

EntityTax ID No.For the benefit of...
The University of North Carolina at Chapel Hill 56-6001393 any UNC school, unit or department
The University of North Carolina at Chapel Hill Foundation, Inc. 59-1711424 any UNC school, unit, department or affiliated foundation
The University of North Carolina at Chapel Hill Arts and Sciences Foundation, Inc. 56-1150509 College of Arts and Sciences
UNC Eshelman School of Pharmacy Foundation 56-6037918 Eshelman School of Pharmacy
The University of North Carolina at Chapel Hill School of Public Health Foundation, Inc. 56-1717285 Gillings School of Global Public Health
The Kenan-Flagler Business School Foundation, Inc. 56-0771850 Kenan-Flagler Business School
The Morehead-Cain Scholarship Foundation 56-2462593 Morehead-Cain Scholarship Program
The Botanical Garden Foundation, Inc. 56-6076622 North Carolina Botanical Garden
The Educational Foundation, Inc. 56-6058412 Rams Club
The Dental Foundation of North Carolina, Inc. 56-6304130 School of Dentistry
The University of North Carolina at Chapel Hill School of Education Foundation, Inc. 58-1713621 School of Education
The School of Government Foundation, Inc. 56-1966429 School of Government
The School of Journalism and Mass Communication Foundation of North Carolina, Inc. 56-6034739 School of Journalism and Mass Communication
The U.N.C. Law Foundation, Inc. 56-0934173 School of Law
The Medical Foundation of North Carolina, Inc. 56-6057494 School of Medicine
The University of North Carolina at Chapel Hill School of Nursing Foundation, Inc. 58-1508175 School of Nursing
The School of Social Work Foundation, Inc. 58-1623883 School of Social Work


Frequently Asked:

I am an executor, personal representative, or trustee with a gift to distribute to University of North Carolina or one of its schools. Whom should I contact?

Pete Henderson
Estates Administrator
Tel: 919-962-0543
Email: pahender@unc.edu

My client wants to remain anonymous. Is that possible?

Yes, we are happy to keep your client's name and/or the details of their gift confidential if they so desire. We hope, however, that they are willing to share their name with us so we can thank them personally for including Carolina in their plans. In addition, if they are willing, we would like to review a copy of your client's plans (relating to Carolina) in order to ensure we have a complete understanding of their gift and can carry out their wishes when their gift arrives.

Can gifts be restricted for a particular purpose?

Yes they can but, given the fact that this gift may arrive many years in the future, it is important that the purpose of the gift is flexible enough for Carolina to be able to put to good use when it arrives. We are bound by federal guidelines and the universities non-discrimination policy. It is suggested that specific names of programs, departments, degrees, athletic teams, and facilities can change over time, so we encourage you to use language in the will or trust that provides some flexibility for the dean or president to apply the gift to a substantially similar purpose. See our suggested bequest language for an example.

Will Carolina accept Gift of Real Estate or Real Property?

Yes, residence, vacation homes, or undeveloped land may be donated. When you make a gift of real estate, you can claim an income tax charitable deduction for the full fair market value of the real estate and avoid capital gains taxes on the appreciation. All gifts of real estate require approval by The University of North Carolina Real Estate Acceptance Committee.

Are there minimums to establish an endowed fund?

Yes, there are minimum amounts required to establish each fund, but they change over time and with each foundation. Please contact the Gift Planning Office if you or your client wants to ensure that the bequest or other planned gift will reach the minimum to endow a fund in the future.

Are there minimums to establish life income gifts at Carolina?

Yes, the minimums are:
Charitable gift annuity: $20,000
Charitable remainder trust: $100,000

Can Carolina be the trustee of a charitable remainder trust?

Yes, we can. In order to be the trustee, Carolina must be irrevocably named as at least 50 percent remainder beneficiary.

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