Mission
TO CARRY OUT GRANT-MAKING AND RELATED PROGRAMS TO FOSTER ECONOMIC DEVELOPMENT OPPORTUNITIES AND GREATER SOCIAL AND ECONOMIC MOBILITY FOR LOW INCOME AND MINORITY COMMUNITIES IN THE GREATER CHARLOTTE METROPOLITAN AREA.
Public Charity
FFTC PARTNERS FOR EMPOWERING COMMUNITIES
FFTC PARTNERS FOR EMPOWERING COMMUNITIES, of CHARLOTTE, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $300K in revenue, $7.1M in expenses, $1.4M in total assets. 1 publicly reported grants to this organization, totaling roughly $19.3M, appear in IRS filings.
EIN: 922022464
CHARLOTTE, NC
Urban & Community Economic Development
NTEE: S31
Latest filing: 2024
Total Revenue$300K
Total Expenses$7.1M
Total Assets$1.4M
Grant Records1
Funding Total$19.3M
Filing Years2022–2024
Where $100 goes at Fftc Partners for Empowering Communities
How Fftc Partners for Empowering Communities divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$91
Programs
the work itself
$8
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $91 for programs
$91
Beyond open small business grant program
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.
Sample Grants Received
CHARITABLE GIFT
$19,284,130
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
CFO
Alyssa Federico
CEO
Cathy Bessant
SECRETARY
Douglas Benson
ASSISTANT SECRETARY
Evan Wolkofsky
ASSISTANT SECRETARY
Federico Rios
CHAIR (RESIGNED 9/5/24)
Jewell Hoover
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $300K | $7.1M | $1.4M |
| 2023 | $19.3M | $12.1M | $7.9M |
| 2022 | — | — | — |
Between 2023 and 2024, reported annual revenue declined from $19.3M to $300K (-98%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.