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Foundation for the Carolinas

Public charity
Foundations · CHARLOTTE, NC · EIN 56-6047886

About

Inspiring philanthropy and strengthening our region through innovative community initiatives and quality services to donors and constituents.

Donations are tax-deductible
Category
Foundations
Employees
123
Volunteers
0

Financial Snapshot

FY ending 2022-12-31
Revenue
$953.5M
Expenses
$414.3M
Assets
$3.1B
Liabilities
$74.9M

Financial history

$953.5M$476.8M$0
16171819202122
RevenueExpenses
Latest FY2022: $953.5M · Avg: $560.1M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
Lobbying
$36K
Grants Given
$153.3M
FOUNDATION FOR THE CAROLINAS
Your actions

Address

220 N Tryon ST
Charlotte, NC, 28202-213

Governance

Voting board members18
Independent members18
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %29.9%
Permanent endowment %70.1%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.