This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $259,079,795 | $8,161,864 | $2,924,550 | $272,938,913 | $269,730,778 |
| FY2023amended | 990 | $10,283,256 | $2,153,367 | $0 | $18,408,832 | $18,390,279 |
| FY2022 | 990 | $1,750,000 | $397,780 | $0 | $4,795,472 | $4,795,472 |
| FY2021 | 990 | $3,600,000 | $245,800 | $0 | $3,583,262 | $3,443,252 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
No public data foundWhere recipients are
Based on the 0% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| Western Carolina UniversityCullowhee, NC | Mosquito Infectious Disease | $587,412 | 2024 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| J Bennet Waters | PRESIDENT & CEO | 40.0 | $596,950 |
| Michelle Bolas | EVP & CIO | 40.0 | $337,500 |
| Jeff Sural Thru 93023 | SVP & CHIEF STRATEGY OFFICER | 40.0 | $255,170 |
| Kelly King | CHAIR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| Vaccine Development |
| $550,049 |
| 2024 |
| East Carolina UniversityGreenville, NC | Oncology - Melanoma | $442,000 | 2024 |
| UNC GreensboroGREENSBORO, NC | Lithium Purification | $404,999 | 2024 |
| UNC CharlotteCharlotte, NC | Water Purification | $400,971 | 2024 |
| UNC CharlotteCharlotte, NC | Powergrid Efficiency | $354,607 | 2024 |
| NC A&TGreensboro, NC | Drug delivery mechanism | $184,512 | 2024 |
| 1.0 |
| $0 |
| Kirk Bradley | VICE CHAIR | 1.0 | $0 |
| J Cantey Alexander Began 11823 | BOARD MEMBER | 1.0 | $0 |
| Beth Friedrich Began 11823 | BOARD MEMBER | 1.0 | $0 |
| Kelly Fuller | BOARD MEMBER | 1.0 | $0 |
| Todd Kasper Began 11823 | BOARD MEMBER | 1.0 | $0 |
| Stan Kelly | BOARD MEMBER | 1.0 | $0 |
| Blannie Miller Began 11823 | SECRETARY | 1.0 | $0 |
| Art Pope Began 11823 | BOARD MEMBER | 1.0 | $0 |
| Ven Poole | BOARD MEMBER | 1.0 | $0 |
| Ben Teaugue Began 11823 | BOARD MEMBER | 1.0 | $0 |
| Jeff Turner Began 11823 | BOARD MEMBER | 1.0 | $0 |
| Josh Howard Began 03124 | SVP & CHIEF RISK OFFICER | 40.0 | $0 |
| Linda Hall Began 041524 | EVP & CFO | 40.0 | $0 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Jun 30, 2024IRS bulk XML
Filing id 202522529349300917
Form 990 · FY2023 · period ending Jun 30, 2023 · amendedIRS bulk XML
Filing id 202512529349301656
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202233079349300833
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202201329349303045
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.