Private Foundation

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION, of CHARLOTTE, NC, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $24.1M in revenue, $12.8M in expenses, $11.2M in total assets. IRS filings disclose 18 grants awarded by this foundation, totaling roughly $4.0M.

EIN: 461113072 CHARLOTTE, NC Public Foundations NTEE: T30 Latest filing: 2024

Total Revenue$24.1M

Total Expenses$12.8M

Total Assets$11.2M

Grants Given18

Grant Total$4.0M

Filing Years2020–2024

Where $100 goes at North Carolina Sports Legacy Foundation FKA Promote the Youth Foundation

How North Carolina Sports Legacy Foundation FKA Promote the Youth Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 2 years.

$94 Programs the work itself

$6 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $94 for programs

$94

Scholarships and training

All program spending

Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to North Carolina Sports Legacy Foundation FKA Promote the Youth Foundation

Preselected only Doesn't accept unsolicited requests for funds, per its 2024 Form 990-PF.

Often funds new orgs 94% of recent recipients were first-time grantees (2020–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

USA BOBSLEDSKELETON

CLARKSVILLE, TN · 2024

GRANT DONATION

$525,000

USA JUDO

COLORADO SPRINGS, CO · 2024

GRANT DONATION

$525,000

USA TRIATHOLON

COLORADO SPRINGS, CO · 2024

TRAINING AND OPERATIONS

$499,375

USA SKATEBOARDING

SOUTH LAKE TAHOE, CA · 2024

GRANT DONATION

$375,000

USA FOOTBALL

CHICAGO, IL · 2024

GRANT DONATION

$350,000

Showing up to 5 of 18 total records — full history available with membership.

Officers & Directors

MEMBER Dr Charles Depaolo

MEMBER Robert Burton

CHAIRMAN Walt Pettit

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support

$3,846,042 13 grants

Youth Development

$90,000 1 grant

Education

$68,316 4 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$24.1M	$12.8M	$11.2M
2023	$5K	$6.6M	$1K
2022	$110	$40	—
2021	$15K	$15K	$6
2020	$10K	$10K	$6

Between 2020 and 2024, reported annual revenue grew from $10K to $24.1M (+241314%), with total assets most recently reported at $11.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, IL, NC, PA, TN, and 2 other states.

CACOILNCPATNTXVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION

Complete financials, all 18 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports

Where $100 goes at North Carolina Sports Legacy Foundation FKA Promote the Youth Foundation

Inside the $94 for programs

Before you apply to North Carolina Sports Legacy Foundation FKA Promote the Youth Foundation

Sample Grants Given

Officers & Directors

Top Grant Purposes

Financial Trends

Grant Geography

Similar Organizations in NC

See the full picture for NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION