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
9841%
Source: IRS Form 990, tax year 2023.
Who funds FOUNDATION FOR THE CAROLINAS
$159M in foundation grants on record from 102 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Community Investments Foundation | $50.7M | 3 |
| Carolina Thread Trail | $7.5M | 1 |
| Donor Advised Charitable Giving | $5.3M | 4 |
| American Online Giving Foundation | $3.1M | 4 |
| United Way Legacy Foundation | $2.8M | 2 |
| Fidelity Investments Charitable Gift Fund | $2.7M | 2 |
| National Philanthropic Trust | $2.5M | 4 |
| Winston-Salem Foundation | $2.2M | 3 |
| Blackbaud Giving Fund | $2.1M | 3 |
| Presbyterian Hospital | $2.1M | 3 |
Leadership
CATHERINE P BESSANT — CFO (Principal officer)
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