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In response to a number of queries regarding the finances of the Center on Poverty, Work & Opportunity, the Center is posting operational expenses by year here in an effort to offer full transparency and address any future questions should they arise. Operations of the Center are funded entirely by private sources. This data will be updated annually.

Budget Breakdown

Funding 

FY 11 FY 12 FY 13 FY 14
Grants (Corporate and Foundation) $21,222 $45,774 $68,757 $28,085
U.N.C. Law Foundation (private gifts) $99,757 $32,899 $9,951 $79,123
Total: $120,979 $78,673 $78,708 $107,208

Expenditures

FY 11 FY 12 FY 13 FY 14
Salary $85,524 $68,096 $68,890 $89,820
Fringe $16,229 $7,530 $7,486 $11,347
Contracted Services $701 -- $110 $1,105
Supplies and Materials $1,488 -- -- $33
Current Services $17,038 $3,047 $2,222 $4,903
Total: $120,979 $78,673 $78,708 $107,208


Funding Sources Detail for Fiscal Year 14-15 (FY 15), as of Jan. 31, 2015

N.C. Housing Finance Agency Grant $19,207
Z. Smith Reynolds Foundation Grant $50,000
U.N.C. Law Foundation Poverty Center Expendable Endowments $23,705
U.N.C. Law Foundation Poverty Center Private Restricted Current Use Funds $12,721
Total: $105,633

Poverty Center Staff (FY 15)

Name Base Rate EPA/SPA Faculty/Non-Faculty Funding Source Title
Gene R. Nichol  $7,500* EPA Faculty Tenure Private Center Director
Joseph A. Polich $12,000 SPA Non-Faculty Grant Temporary Staff
Heather A. Hunt $12,000 SPA Non-Faculty Grant Temporary Staff
$31,500

*Nichol earns $7,500 as a stipend for serving as the Center director. This is in addition to his salary as the Boyd Tinsley Distinguished Professor of Law at UNC School of Law.

UNC School of Law | Van Hecke-Wettach Hall | 160 Ridge Road, CB #3380 | Chapel Hill, NC 27599-3380 | 919.962.5106


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