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Nonprofit · EIN 26-2590097

UNCW RESEARCH FOUNDATION

Tax-exempt · WILMINGTON, NC 28403

Financials

$467K$410K2023$444K$481K2024
Revenue Expenses · by fiscal year end
Financials of UNCW RESEARCH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$444,105$481,255-$37,150$627,677$13,098$614,579
June 30, 2024990$466,559$410,266$56,293$663,031$11,302$651,729
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,840
Program service revenue
$276,367
Investment income
$0
Royalties
$100,000
Other revenue
$165,898

Expenses

Grants and similar amounts paid
$114,418
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$400
Accounting fees
$7,100
Program services (functional)
$481,255

Balance sheet and other

Total assets, start of year
$663,031
Total assets, end of year
$627,677
Total liabilities, end of year
$13,098
Net assets, end of year
$614,579
Net assets without donor restrictions
$529,155
Net assets with donor restrictions
$85,424
Gross receipts
$444,105
Employees
0
Volunteers
0
Year formed
2008
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MILES LACKEYCHAIRMAN
Trustee or director, Officer
1$0$303,936$52,323
DR JUSTINE REELPRESIDENT
Trustee or director, Officer
1$0$186,035$54,419
ROBERTA LASURETREASURER
Trustee or director, Officer
1$0$101,250$33,377
MARY SULLIVANSECRETARY
Trustee or director, Officer
1$0$42,690$9,680
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MILES LACKEYCHAIRMAN
Trustee or director, Officer
1$0$293,414$49,647
MARK LANIERSECRETARY
Trustee or director, Officer
1$0$206,102$37,562
STUART BORRETTPRESIDENT
Trustee or director, Officer
1$0$184,386$33,670
ROBERTA LASURETREASURER
Trustee or director, Officer
1$0$97,926$31,780

Address and contacts

Address (IRS master file)
601 S COLLEGE RD, WILMINGTON, NC 28403-3201
In care of
% JOHN P SCHERER II
Principal officer (990 for 2024)
MILES LACKEY, 601 SOUTH COLLEGE ROAD, WILMINGTON, NC 28403
Signed the 990
MILES LACKEY, CHAIR
Phone
(910) 962-2515
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

TO PURSUE THE DEVELOPMENT OF RESEARCH FACILITIES AND RESEARCH PROJECTS FOR THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON.

990 for the year ended June 30, 2025

Program accomplishments

  • MARBIONC DEVELOPMENT GROUP, LLC IS A SINGLE-MEMBER LLC OF THE UNCW RESEARCH FOUNDATION. ITS MISSION IS TO PURSUE ECONOMIC DEVELOPMENT OF RESEARCH DISCOVERIES, MATERIALS, COMPOUNDS, AND/OR INTELLECTUAL PROPERTY, AS WELL AS CAPITAL FACILITIES FOR THE USE AND BENEFIT OF THE UNCW RESEARCH FOUNDATION AND THE UNIVERSITY THROUGH COLLABORATIVE RESEARCH RELATIONSHIPS AND/OR CONTRACTING ENTITIES FOR FACULTY START-UPS, PRIVATE INDUSTRY, AND GOVERNMENT OR QUASI-GOVERNMENT INSTITUTIONS AND AGENCIES. ROYALTY DISTRIBUTIONS WERE GIVEN DURING FISCAL YEAR 2024 IN RELATION TO THESE INTELLECTUAL PROPERTIES.
    Expenses $117,620 · revenue $117,341
  • UNCW RESEARCH FOUNDATION AND THE CITY OF WILMINGTON AGREED TO MAKE PUBLIC FUNDS AVAILABLE TO THE RESEARCH FOUNDATION TO HELP ESTABLISH THE CIE IN ORDER TO SERVE THE PUBLIC INTEREST BY PROMOTING AND SUPPORTING ECONOMIC GROWTH AND DEVELOPMENT WITHIN THE CITY. CIE PROVIDES SERVICES AND PROGRAMS IN THE AREAS OF SMALL BUSINESS TRAINING, MENTORING PROGRAMS, PUBLIC EVENTS, AND RESEARCH SERVICES. FUND WILL BE USED FOR THESE PURPOSES ALONG WITH OBTAINING, EQUIPPING AND STAFFING ADEQUATE OFFICE SPACE AND FACILITIES FOR CIE TO CONDUCT OPERATIONS AND PROVIDE SERVICES TO SMALL BUSINESS.
    Expenses $50,128 · revenue $50,000
  • SUPPORTING DEVELOPMENT OF INTELLECTUAL PROPERTY AND REGIONAL ECONOMIC DEVELOPMENT EFFORTS IN SOUTHEASTERN NC.
    Expenses $313,507 · grants $114,418 · revenue $274,924

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-2590097
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$627,677
Income (IRS master file)
$444,105

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$444,105$481,255$627,677XML
990June 2024$466,559$410,266$663,031XML
990June 2023$474,988$392,465$601,982IRS
990June 2022$401,073$332,757$518,924IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2590097).

Questions about UNCW RESEARCH FOUNDATION

What is the EIN of UNCW RESEARCH FOUNDATION?
The employer identification number (EIN) of UNCW RESEARCH FOUNDATION is 26-2590097.
Is UNCW RESEARCH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to UNCW RESEARCH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does UNCW RESEARCH FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNCW RESEARCH FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNCW RESEARCH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNCW RESEARCH FOUNDATION?
The 990 for the year ended June 30, 2025 names MILES LACKEY.
Who are the officers and directors of UNCW RESEARCH FOUNDATION?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does UNCW RESEARCH FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $444,105, expenses of $481,255 and total assets of $627,677 at year end.

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