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 Latest filing: 2024

Total Revenue$24.1M

Total Expenses$12.8M

Total Assets$11.2M

Grants Given18

Grant Total$4.0M

Filing Years2020–2024

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

GRANT DONATION

$3,306,667 10 grants

TRAINING AND OPERATIONS

$499,375 1 grant

SWIMMING TRAINING CAMP

$90,000 1 grant

MULTIPLE EDUCATIONAL GRANTS

$63,756 1 grant

TRAVEL GRANT

$40,000 2 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

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