Public Charity

FOUNDATION FOR THE CAROLINAS

FOUNDATION FOR THE CAROLINAS is a nonprofit organization categorized as Public Charity based in CHARLOTTE, NC. Its most recent IRS filing (2024) reports revenue of $761.4M, expenses of $849.2M, total assets of $3.9B. Imperigo tracks 261 reported grant relationships connected to this organization totaling approximately $282.8M.

EIN: 566047886 CHARLOTTE, NC Community Foundations NTEE: T31 Latest filing: 2024
Total Revenue$761.4M
Total Expenses$849.2M
Total Assets$3.9B
Grant Records261
Funding Total$282.8M
Filing Years2019–2024

Mission

INSPIRING PHILANTHROPY AND STRENGTHENING OUR REGION THROUGH INNOVATIVE COMMUNITY INITIATIVES AND QUALITY SERVICES TO DONORS AND CONSTITUENTS.

Where $100 goes at Foundation for the Carolinas

How Foundation for the Carolinas divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$52
Education and youth development
53% of program spending · Reported in the filing: 6,051 grants
$16
Environment and wildlife
16% of program spending · Reported in the filing: 678 grants
$10
Health and human services
11% of program spending · Reported in the filing: 4,576 grants

Plus 7 more programs. Cost per person served and the full program breakdown are on the full profile.

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

Officers & Directors

CHIEF FINANCIAL OFFICER (TREASURER) Alyssa Federico
CHAIR Arrington Mixon
DIRECTOR Asha Rodriguez
DIRECTOR Betsy Fleming
DIRECTOR Bill Martin
CELC EXECUTIVE DIRECTOR Blair Stanford

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$65,352,885 171 grants
Human & Social Services
$7,176,670 19 grants
Public Safety & Disaster Relief
$2,656,000 7 grants
Education
$1,601,553 13 grants
Economic Development
$500,000 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $761.4M $849.2M $3.9B
2023 $538.0M $582.5M $3.5B
2022 $953.5M $414.3M $3.1B
2020 $548.7M $489.9M $2.4B
2019 $289.7M $351.8M $2.1B

Between 2019 and 2024, reported annual revenue grew from $289.7M to $761.4M (+163%), with total assets most recently reported at $3.9B.

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

See the full picture for FOUNDATION FOR THE CAROLINAS

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