Associated Entities

UNCW Corporation

UNCW Corporation (the "Corporation") was organized as a North Carolina nonprofit corporation on November 14, 2002, to enhance the University of North Carolina at Wilmington (the "University") educational mission, including, without limitation, overseeing and assisting with the acquisition and financing of capital assets for the University. Although legally separate from the University, the Corporation is considered a component unit of the University because the University's governing body appoints the Corporation's Board of Directors (PDF), The University leases the capital assets from the Corporation and at the end of the lease the assets will transfer to the University.The Corporation facilitated three phases of privatized housing for University students in addition to a related parking and recreational facilities.

The relationship with the University can be found in Note 1 Blended Component Units on pdf page 24 of the University financial statement.

Information on the total Limited Obligation Bonds Outstanding, 2015 and 2016 can be found here.