# UNC Health Foundation

UNC Health Foundation is an Endowment / Foundation based in Chapel Hill, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Chapel Hill, United States
- **Region:** North America
- **Address:** 123 West Franklin Street Suite 510, Chapel Hill, NC 27516, United States
- **Founded:** 1949
- **Assets under management:** Undisclosed
- **Website:** unchealthfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/unchealthfoundation

## Regulatory record

- **Reports private funds:** No

## About

The foundation was chartered in 1949 as the Medical Foundation of North Carolina. It operates as the dedicated fundraising arm for the UNC Health system and the UNC School of Medicine. Assets include a diversified endowment valued near $230 million that is invested through UNC Investment Fund, LLC. The portfolio supports long-term grant making for education, research, and patient care. Geographic focus remains North Carolina with secondary reach to national medical programs. The organization employs 62 professionals and maintains membership in the Council for Advancement and Support of Education and the Association of American Medical Colleges. Service providers include FORVIS as auditor and UNC Management Company as investment advisor. Governance ties the foundation directly to UNC Health as its primary beneficiary, creating a closed loop between donor funds and institutional priorities without external LP structures.

## Sectors

- Healthcare

## Questions

### Who runs investment decisions at UNC Health Foundation?

Investment decisions are executed by UNC Management Company under a long-term advisory mandate. The foundation itself sets grant priorities and liquidity needs.

### Does UNC Health Foundation participate in fund commitments or only direct deals?

The foundation holds a limited partner interest in UNC Investment Fund, LLC. No direct co-investments or external fund commitments appear in public records.

### What asset classes appear in the endowment?

The endowment is described as diversified across multiple asset classes. Specific allocations and managers are not publicly detailed beyond the UNC Investment Fund holding.

## Related profiles

- [The Jesus Fund](https://altss.com/profile/the-jesus-fund)
- [Christ's Hospital Foundation](https://altss.com/profile/christ-s-hospital-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

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