Foundation of UNCW

The Foundation of the University of North Carolina Wilmington, Inc. (the "Foundation") was organized as a North Carolina non-profit corporation on February 9, 1962 (originally Wilmington College Foundation, Inc.) to solicit funds to promote the educational purpose of The University of North Carolina Wilmington, Inc.

The purpose of The Foundation of UNCW, a 501(c)(3) non-profit organization, is to assist the University in soliciting and receiving private gifts to further educational programs and scholarship opportunities for students. In addition, as an independent agency, the Foundation can accept and liquidate non-cash gifts for the university that it may not be able to do on its own. The Foundation may also acquire property on the University's behalf.

The Foundation assists UNCW in the following ways:

• Provides undesignated funds to address the Chancellor's priority needs for the University, which have included the Honors program, international programs, extended education programs and regional outreach, and general marketing and development initiatives.
• Supports merit scholarships for high achieving undergraduate and graduate students.
• Provides a vehicle for the University to conveniently accept real property and selected non-cash gifts.
• Facilitates and conducts business transactions on behalf of the University, such as the purchase of property.