North Carolina Veterinary Medical Foundation Inc in Raleigh, North Carolina (NC)

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North Carolina Veterinary Medical Foundation Inc
Employer Identification Number (EIN)581344473
Name of OrganizationNorth Carolina Veterinary Medical Foundation Inc
AddressNcsu Box 7207, Raleigh, NC 27695-7207
ActivitiesOther school related activities, Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date04/1979
DeductibilityContributions are deductible
FoundationOrganization which operates for benefit of college or university and is owned or operated by a governmental unit
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$39,954,602
Amount of Income$3,231,518
Form 990 Revenue Amount$2,413,814
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support

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Amount of income in 2012: $3,231,518 (it was $7,276,931 in 2011)
This organization: 

Other organizations performing similar types of work: 


Assets in 2012: $39,954,602 (it was $37,788,845 in 2011)
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$2,413,814
Contributions, Gifts, Grants and Other Similar Amounts$2,065,210
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$101,097
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$219,361
Gross amount from sales of assets other than inventory (Securities / Other)$1,037,065 / $0
Less: cost or other basis and sales expenses (Securities / Other)$817,704 / $0
Gain or (loss) (Securities / Other)$219,361 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$28,146
Statement of Functional Expenses (for 2012)
Total functional expenses$5,340,109
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$39,954,602
Total liabilities$897,492
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$39,057,110
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$14,885,062
Gifts, grants, contributions, and membership fees received$13,513,220
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,371,842
Gross receipts from related activities, etc.$0
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5American Veterinary Medical Association, No Carolina State Student Chpt Avma4700 Hillsborough St, Raleigh, NC 27606-1428NC1988-12$227,330
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Number of organizations performing similar types of work
North Carolina2
New Jersey2
New York3
South Dakota1
Total50 is not associated with, endorsed by, or sponsored by North Carolina Veterinary Medical Foundation Inc and has no official or unofficial affiliation with North Carolina Veterinary Medical Foundation Inc