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Animals : Animal Rights, Welfare, and Services

North Carolina Veterinary Medical Foundation

Providing financial support for education and research in the field of veterinary medicine

four stars

94.34

1060 William Moore Drive Raleigh, NC 27607
tel: (919) 513-6660   Web Site
EIN: 58-1344473

Board Leadership
Judi K. Grainger
President

CEO
Dianne Dunning
Associate Dean of Advancement

  Score
(out of 100)
Rating
Overall Score & Rating 94.34 four stars
  Financial 100.00 four stars
  Accountability & Transparency 92.00 four stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Created in 1978 to attract funding for the College's teaching, learning, research and extension in the field of veterinary medicine, the North Carolina Veterinary Medical Foundation operates exclusively for educational and scientific purposes. By providing financial assistance that helps promote educational activities and maintain a prominent faculty, the Foundation encourages diverse research and facilitates cooperative activities with other disciplines and institutions. The Foundation is ever mindful of maximizing giving power through special programs that bring together donors of similar interests. The Foundation has been critical in securing financial assistance for the College that allows for faculty support and development, research funds, student scholarships and program enhancement.

Created in 1978 to attract funding for the College's teaching, learning, research and extension in the field of veterinary medicine, the North Carolina Veterinary Medical Foundation operates exclusively for educational and scientific purposes. By providing financial assistance that helps promote educational activities and maintain a prominent faculty, the Foundation encourages diverse research and facilitates cooperative activities with other disciplines and institutions. The Foundation is ever mindful of maximizing giving power through special programs that bring together donors of similar interests. The Foundation has been critical in securing financial assistance for the College that allows for faculty support and development, research funds, student scholarships and program enhancement.

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Financial

four stars

100.00

Accountability & Transparency

four stars

92.00

This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
86.8%
  Administrative Expenses 6.0%
  Fundraising Expenses 7.1%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 10.24
  Program Expenses Growth 43.7%
  Liabilities to Assets 0.6%
All data for Financial Performance Metrics calculations was provided by North Carolina Veterinary Medical Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by North Carolina Veterinary Medical Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
North Carolina Veterinary Medical Foundation (NC) 94.34 four stars
American Veterinary Medical Foundation (IL) 89.13 three stars
American Anti-Vivisection Society (PA) 85.00 three stars
Friends of Animals (CT) 89.45 three stars
Los Angeles County Animal Care Foundation (CA) 86.56 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,542,817
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $5,542,817
   Program Service Revenue $0
Total Primary Revenue $5,542,817
   Other Revenue $1,634,857
TOTAL REVENUE $7,177,674
   
EXPENSES  
   Program Expenses $7,079,443
   Administrative Expenses $368,269
   Fundraising Expenses $392,296
TOTAL FUNCTIONAL EXPENSES $7,840,008
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-662,334
   
Net Assets $86,838,194

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Financial Support of NC State Veterinary Medicine $7,079,443 100.0%

Ratings History
North Carolina Veterinary Medical Foundation has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 06/01/2020 94.34 four stars
2018-06 07/01/2019 92.90 four stars
2017-06 07/01/2018 94.34 four stars
2016-06 10/01/2017 92.83 four stars
2015-06 06/01/2016 94.34 four stars
 
CN 2.0
2014-06 09/01/2015 89.48 three stars
2013-06 06/01/2014 91.65 four stars
2012-06 07/01/2013 91.97 four stars
2011-06 03/01/2012 87.18 three stars
2010-06 09/20/2011 83.69 three stars
 
CN 1.0
2009-06 11/01/2010 84.71 three stars
2008-06 09/01/2009 90.42 four stars
2007-06 05/01/2009 96.19 four stars
2006-06 06/01/2007 93.06 four stars
2005-06 06/01/2006 96.07 four stars
2004-06 08/01/2005 88.49 three stars
2003-06 08/01/2004 74.70 two stars
2002-06 06/09/2003 87.64 three stars
2001-06 10/15/2002 78.00 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 58-1344473
Name in IRS Master File NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC
NTEE Code B11
NTEE Classification Single Organization Support
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(602) Gifts, grants, or loans to other organizations
Foundation Status Organization which operates for benefit of college or university and is owned or operated by a governmental unit 170(b)(1)(A)(iv)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1979
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
North Carolina Veterinary Medical Foundation (NC) 94.34 four stars
American Society for the Prevention of Cruelty to Animals (NY) 85.60 three stars
Animal Welfare Institute (DC) 99.99 four stars
Los Angeles County Animal Care Foundation (CA) 86.56 three stars
PetSmart Charities (AZ) 95.95 four stars

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Charity Contact Info

North Carolina Veterinary Medical Foundation
1060 William Moore Drive
Raleigh, NC 27607
tel: (919) 513-6660
fax: (919) 513-6105
EIN: 58-1344473

Mail donations to:
NCSU Box 7207
Raleigh, NC 27695

Visit Web Site

Board Leadership

Judi K. Grainger
President

CEO

Dianne Dunning
Associate Dean of Advancement

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