Educational Foundation Inc.

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Type: Athletic associations & booster foundations
School / group: University of North Carolina at Chapel Hill
EIN: 566058412
Location: Chapel Hill, NC
IRS ruling date: 1939-10-01
Filings on record: 24 (June 2002 to June 2025); 15 with extracted financials
All filings: [ProPublica Nonprofit Explorer]
Connection to the school: Official university-affiliated entity named in its own filings

Finances by year

Form 990 Part I, nominal dollars. Grants paid = Part I line 13. Click a column to sort.

Fiscal year ending	Form	Revenue	Expenses	Net	Contributions	Grants paid	Officer & key-employee pay	Net assets	Source
June 2025	990	$99.2M	$66.4M	$32.8M	$91.3M	$47.7M	$1.7M	$152.7M	[filing] [Part I]
June 2024	990	$76.5M	$64.6M	$11.8M	$68.9M	$46.3M	$1.6M	$111.9M	[filing] [Part I]
June 2023	990	$81.8M	$78.8M	$3.0M	$76.2M	$61.4M	$1.5M	$93.2M	[filing] [Part I]
June 2022	990	$82.4M	$44.9M	$37.5M	$77.9M	$31.8M	$1.4M	$95.2M	[filing] [Part I]
June 2021	990	$63.8M	$48.9M	$14.9M	$59.8M	$39.9M	$1.6M	$57.1M	[filing] [Part I]
June 2020	990	$79.2M	$43.4M	$35.8M	$75.2M	$28.4M	$1.1M	$16.3M	[filing] [Part I]
June 2019	990	$43.6M	$77.2M	-$33.6M	$40.3M	$64.3M	$1.0M	-$15.3M	[filing] [Part I]
June 2018	990	$50.4M	$88.4M	-$38.0M	$47.7M	$79.6M	$1.1M	$16.3M	[filing] [Part I]
June 2017	990	$55.6M	$50.5M	$5.1M	$53.2M	$35.1M	$946K	$51.4M	[filing] [Part I]
June 2016	990	$46.5M	$32.6M	$14.0M	$44.4M	$21.8M	$636K	$43.5M	[filing] [Part I]
June 2015	990	$38.7M	$30.5M	$8.2M	$36.9M	$18.1M	$642K	$32.5M	[filing] [Part I]
June 2014	990	$35.4M	$26.0M	$9.5M	$33.7M	$15.8M	$301K	$22.8M	[filing] [Part I]
June 2013	990	$28.2M	$91.8M	-$63.6M	$26.6M	$79.4M	$23K	$10.1M	[filing] [Part I]
June 2012	990	$35.6M	$10.5M	$25.0M	$34.0M	—	$470K	$72.0M	[filing]
June 2011	990	$43.1M	$42.7M	$344K	$41.5M	—	$421K	$48.0M	[filing]
June 2010		PDF only; no extracted financial data							[filing]
June 2009		PDF only; no extracted financial data							[filing]
June 2008		PDF only; no extracted financial data							[filing]
June 2007		PDF only; no extracted financial data							[filing]
June 2006		PDF only; no extracted financial data							[filing]
June 2005		PDF only; no extracted financial data							[filing]
June 2004		PDF only; no extracted financial data							[filing]
June 2003		PDF only; no extracted financial data							[filing]
June 2002		PDF only; no extracted financial data							[filing]

Top-paid people by year (Part VII)

Up to five highest-paid officers, directors, key employees and highest-compensated employees per year. Total = reportable pay from the organization + from related organizations + estimated other compensation, as filed.

Fiscal year ending	Name and title (as filed)	Total pay	Source
June 2025	John Montgomery (Executive Director) Ken Mack (Sr Assoc Exec Dir Lead Gifts) Diane Aldridge (Cfo & General Counsel) Seth Reeves (Chief Revenue Officer) Elizabeth Mackethan (Senior Philanthropy Officer)	$591K $309K $298K $271K $253K	[filing]
June 2024	John Montgomery (Executive Director) Ken Mack (Sr Assoc Exec Dir Lead Gif) Diane Aldridge (Cfo & General Counsel) Seth Reeves (Chief Revenue Officer) Matt Terrell (Chief Strategy & Comms Off)	$685K $358K $295K $292K $270K	[filing]
June 2023	John Montgomery (Executive Director) Ken Mack (Sr Assoc Exec Dir Lead Gif) Diane Aldridge (Cfo & General Counsel) Matt Terrell (Chief Strategy & Comms Off) Seth Reeves (Chief Revenue Officer)	$641K $324K $296K $254K $215K	[filing]
June 2022	John Montgomery (Executive Director) Ken Mack (Sr Assoc Exec Dir Lead Gifts) Tim Smith (Deputy Director) Diane Aldridge (Cfo & General Counsel) Matt Terrell (Chief Strategy & Comms Officer)	$554K $286K $252K $238K $205K	[filing]
June 2021	Dawn Mcpherson (Chief Operating Officer) Sue W Stankavage (Assoc Exec Dir Scholarship) John Montgomery (Executive Director) Ken Mack (Assoc Exec Director Lead G) Tim Smith (Deputy Director)	$716K $705K $517K $260K $239K	[filing]
June 2020	John Montgomery (Executive Director) Ken Mack (Assoc Exec Director Lead Gifts) Tim Smith (Deputy Director) Diane Aldridge (Cfo & General Counsel) Dawn Mcpherson (Chief Operating Officer)	$469K $226K $219K $211K $202K	[filing]
June 2019	John Montgomery (Executive Director) Ken Mack (Assoc Exec Director Lead Gifts) Tim Smith (Deputy Director) Diane Aldridge (Cfo & General Counsel) Dawn Mcpherson (Chief Operating Officer)	$455K $237K $224K $207K $202K	[filing]
June 2018	John Montgomery (Executive Director) Ken Mack (Assoc Exec Director Lead Gifts) Tim Smith (Assoc Exec Direct Major Gifts) Diane Aldridge (Cfo & General Counsel) Dawn Mcpherson (Direct Of Campaign Operations)	$463K $231K $213K $208K $201K	[filing]
June 2017	John Montgomery (Executive Director) Ken Mack (Assoc Exec Director Lead Gifts) Tim Smith (Assoc Exec Direct Major Gifts) Diane Aldridge (Cfo & General Counsel) Dawn Mcpherson (Direct Of Campaign Operations)	$425K $201K $183K $178K $175K	[filing]
June 2016	John Montgomery (Executive Director) Ken Mack (Director Of Principal Gifts) Diane Aldridge (Cfo & General Counsel) Dawn Mcpherson (Chief Operating Officer) Matt Terrell (Dir Of External Operations)	$383K $181K $167K $166K $163K	[filing]
June 2015	John Montgomery (Executive Director) Ken Mack (Director Of Principal Gifts) Dawn Mcpherson (Chief Operating Officer) Matt Terrell (Dir Of External Operations) Diane Aldridge (Cfo & General Counsel)	$338K $159K $156K $149K $148K	[filing]
June 2014	John Montgomery (Executive Director) Ken Mack (Director Of Major Gifts) Dawn Mcpherson (Director Of Administration) Diane Aldridge (Director Of Finance) Sue W Stankavage (Director Of Endowment)	$304K $146K $136K $130K $123K	[filing]

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