From public IRS filings
FOUNDATION FOR THE CAROLINAS
CHARLOTTE, NC · Philanthropy & Voluntarism
Mission
FOUNDATION FOR THE CAROLINAS IS A NON-PROFIT COMMUNITY FOUNDATION SERVING DONORS AND A BROAD RANGE OF CHARITABLE PURPOSES IN NORTH AND SOUTH CAROLINA THROUGH GRANTMAKING AND CIVIC LEADERSHIP.
Financials (IRS Form 990)
Total revenue
$538M
Total expenses
$582.5M
Total assets
$3.5B
Program expense ratio
98%
Source: IRS Form 990, tax year 2023.
Who funds FOUNDATION FOR THE CAROLINAS
$148.7M in foundation grants on record from 142 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Community Investments Foundation | $50.7M | 3 |
| John M Belk Endowment | $11.6M | 4 |
| Carolina Thread Trail | $7.5M | 1 |
| Abbvie Foundation | $6.6M | 4 |
| Duke Energy Foundation | $6.3M | 8 |
| Donor Advised Charitable Giving | $5.3M | 4 |
| Fidelity Investments Charitable Gift Fund | $3.9M | 4 |
| American Online Giving Foundation | $3.7M | 5 |
| United Way Legacy Foundation | $2.8M | 2 |
| David and Nicole Tepper Charitable Foundation | $2.7M | 2 |
Leadership
CATHERINE P BESSANT — CFO (Principal officer)
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