Established in 1966, The UNCG Excellence Foundation, Inc. (a/k/a UNC Greensboro Foundation) is a North Carolina not-for-profit corporation which operates for educational, scientific, and charitable purposes within the scope of the Internal Revenue Code. Its purpose is to operate exclusively for the benefit of The University of North Carolina at Greensboro by securing, holding, and investing funds and other assets to support University scholarships, programs, and operations. The Foundation develops support for and awareness of the University throughout the region and nation.
Legal Description:The UNCG Excellence Foundation, Inc., identified by federal taxpayer identification number 56-6086393, was established pursuant to Section 501(c)(3) of the Internal Revenue Code. As such it is exempt from all kinds of public taxation, as set forth in §116-16 of the North Carolina General Statutes. It is recognized as exempt from federal income taxes under §501(c)(3) of the Internal Revenue Code; described in each of §170(b)(1)(A), §170(c), §2055(a), and §2522(a) of said Code.