The Educational Foundation INC
Funds construction and renovation projects for university athletic facilities. For fiscal year 2024 it reported $99.2M in revenue, $66.4M in expenses, and $152.7M in net assets.Pt I
- Founded
- 1938
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- Chapel Hill, NC
- Website
- www.ramsclub.com
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Dawn McPherson | — | — | — | — | $700,200 | $171,203 |
| Sue W Stankavage | — | — | — | — | $680,340 | $170,016 |
| John Montgomery | $553,703 | $649,326 | $607,635 | $509,113 | $469,322 | $421,862 |
| Ken Mack | $273,217 | $322,280 | $291,398 | $252,385 | $226,749 | $196,014 |
| Diane Aldridge | $267,750 | $263,040 | $267,914 | $212,074 | $187,165 | $185,554 |
| Seth Reeves | $243,798 | $262,287 | $200,782 | $179,866 | $169,731 | $148,331 |
| Matt Terrell | $213,319 | $240,279 | $226,405 | $179,857 | $156,183 | $150,978 |
| Elizabeth Mackethan | $230,444 | $190,374 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Contributions to university of north carolina at chapel hill: contributions to university of north carolina at chapel hill to provide scholarship assistance to student athletes.
Contributions to university of north carolina at chapel hill:contributions to university of north carolina at chapel hill to provide financial assistance to operating budgets for 28 sports, to provide debt service for previous renovations of athletic facilities, to provide assistance with construction of parking facilities on campus, and…
Conversion of playing surface in kenan stadium from turf to natural grass. Renovations to the kenan football center, finley golf course, chewning tennis complex, and the women's basketball locker room and office area. Renovations to woollen gym to create a practice facility for women's basketball.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 87% | — | — |
| Overhead ratio | 6% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | 30% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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