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North Carolina · Public charity

Charlotte Hornets Foundation Inc

Through the investment of time, talents, and treasure, the charlotte hornets foundation will support, promote, and enhance important community efforts that enrich the quality of life for those in need, especially children and youth (continued in sch o)in the charlotte area. The foundation will support eligible 501(c)(3) organizations…

$1.3M
Granted FY2024(still arriving)
15
Itemized grants FY2024
10
Organizations funded FY2023
50%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$1.1M
The rest is grants the schedule does not break out
Median grant, FY2024
$15,247
Largest grant, FY2024
$500,000
Organizations funded a year
4 to 10
FY2017 to FY2023
States reached, FY2024
3
Total assets, FY2024
$1.6M

How open it is to new grantees

In FY2023, 50% of the organizations Charlotte Hornets Foundation Inc funded were first-time grantees, receiving 59% of its grant dollars.

New vs renewed · share of each year

In FY2023, 41% of grant dollars renewed an existing relationship; $103k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
Human ServicesEducationFood & NutritionPhilanthropyHealthPublic BenefitOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving14$1.1M64%
FY202310$173k50%
FY20228$136k75%
FY20218$137k88%
FY20209$161k78%
FY20197$272k29%
FY20189$288k89%
FY20174$172kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$902kHealth$668kFood & Nutrition$286kCommunity Improvement$185kHuman Services$182kPhilanthropy$135kHousing & Shelter$120kPublic Safety & Disaster$118kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 48 grantees
All grantees of Charlotte Hornets Foundation Inc by total granted
GranteeTotal grantedYearsShare of their budget
Cms Foundation$500,000119%
Presbyterian Hospital Foundation$489,75941%
Children of Fallen Patriots Foundation$100,00011%
Friends of United Hatzalah Inc$100,00010%
Local Initiatives Support Corporation$100,00010%
The John Crosland School$100,00012%
Care Ring Inc$100,00011%
Out Teach$65,25031%
Mens Shelter of Charlotte Inc$50,00011%
Young Men's Christian Association of Greater Charlotte$50,00020%
Big Brothers Big Sisters of Central Carolinas$50,00041%
Veterans Bridge Home Inc$36,57421%
Nourish Up$31,30410%
United Negro College Fund Inc$30,50030%
Foundation For Girls$30,000128%
Speedway Children's Charities$30,00030%
Muggsy Bogues Family Foundation$30,000220%
Junior Achievement of Central Carolinas Inc$27,50031%
Nest Academy Inc$26,45013%
Angels & Sparrows Soup Kitchen Inc$26,26011%
Carolina Farm Trust Inc$25,00018%
Mecklenburg Food Policy Council$25,0001n/a
Roof Above Inc$25,00010%
Crisis Assistance Ministry$25,00010%
Armed Services YMCA of the USA$25,00010%
Community Culinary School of Charlotte Inc$25,00013%
American Heart Association Inc$22,50020%
Make-A-Wish Foundation of Central and Western North Carolina Inc$22,00030%
The Independence Fund Inc$20,00010%
Purple Heart Homes Inc$20,00011%
Friendship Trays Inc$20,00011%
Boys and Girls Club of Cabarrus County Inc$15,24710%
Rebuilding Together of Greater Charlotte$15,000110%
Second Harvest Food Bank of Metrolina Inc$15,00010%
Charlotte Regional Business Alliance$15,00020%
E2D Inc E2D Eliminate the Digital Divide$15,00013%
The Steve Smith Family Foundation$14,00015%
Accept Wc$12,5321n/a
Lonely Entrepreneur Inc$10,00010%
Charlotte Mecklenburg Police Foundation$10,00010%
Charlotte Mecklenburg Schools$10,0001n/a
Project Bolt$10,0001n/a
Alexander Youth Network$10,00010%
Johnson C Smith University$10,00010%
Phills Foundation$10,0001n/a
Mecklenburg County$10,0001n/a
YMCA of Greater Greensboro Teen Achievers$10,0001n/a
Boost Pad Inc$10,00015%

Where it is load-bearing

Charlotte Hornets Foundation Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 41 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCms Foundation: $500,000 over 1y, 19% of budgetPresbyterian Hospital Foundation: $489,759 over 4y, 1.4% of budgetChildren of Fallen Patriots Foundation: $100,000 over 1y, 0.6% of budgetFriends of United Hatzalah Inc: $100,000 over 1y, 0.1% of budgetLocal Initiatives Support Corporation: $100,000 over 1y, 0.0% of budgetThe John Crosland School: $100,000 over 1y, 1.8% of budgetCare Ring Inc: $100,000 over 1y, 1.1% of budgetOut Teach: $65,250 over 3y, 0.8% of budgetMens Shelter of Charlotte Inc: $50,000 over 1y, 0.8% of budgetYoung Men's Christian Association of Greater Charlotte: $50,000 over 2y, 0.0% of budgetBig Brothers Big Sisters of Central Carolinas: $50,000 over 4y, 1.0% of budgetVeterans Bridge Home Inc: $36,574 over 2y, 1.0% of budgetNourish Up: $31,304 over 1y, 0.2% of budgetUnited Negro College Fund Inc: $30,500 over 3y, 0.0% of budgetFoundation For Girls: $30,000 over 1y, 28% of budgetSpeedway Children's Charities: $30,000 over 3y, 0.2% of budgetMuggsy Bogues Family Foundation: $30,000 over 2y, 20% of budgetJunior Achievement of Central Carolinas Inc: $27,500 over 3y, 0.5% of budgetNest Academy Inc: $26,450 over 1y, 3.4% of budgetAngels & Sparrows Soup Kitchen Inc: $26,260 over 1y, 1.1% of budgetCarolina Farm Trust Inc: $25,000 over 1y, 7.9% of budgetRoof Above Inc: $25,000 over 1y, 0.1% of budgetCrisis Assistance Ministry: $25,000 over 1y, 0.1% of budgetArmed Services YMCA of the USA: $25,000 over 1y, 0.3% of budgetCommunity Culinary School of Charlotte Inc: $25,000 over 1y, 2.8% of budgetAmerican Heart Association Inc: $22,500 over 2y, 0.0% of budgetMake-A-Wish Foundation of Central and Western North Carolina Inc: $22,000 over 3y, 0.1% of budgetThe Independence Fund Inc: $20,000 over 1y, 0.2% of budgetPurple Heart Homes Inc: $20,000 over 1y, 0.7% of budgetFriendship Trays Inc: $20,000 over 1y, 1.1% of budgetBoys and Girls Club of Cabarrus County Inc: $15,247 over 1y, 0.3% of budgetRebuilding Together of Greater Charlotte: $15,000 over 1y, 9.7% of budgetSecond Harvest Food Bank of Metrolina Inc: $15,000 over 1y, 0.0% of budgetCharlotte Regional Business Alliance: $15,000 over 2y, 0.1% of budgetE2D Inc E2D Eliminate the Digital Divide: $15,000 over 1y, 3.3% of budgetThe Steve Smith Family Foundation: $14,000 over 1y, 5.1% of budgetLonely Entrepreneur Inc: $10,000 over 1y, 0.5% of budgetCharlotte Mecklenburg Police Foundation: $10,000 over 1y, 0.4% of budgetAlexander Youth Network: $10,000 over 1y, 0.0% of budgetJohnson C Smith University: $10,000 over 1y, 0.0% of budgetBoost Pad Inc: $10,000 over 1y, 4.8% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 41.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Foundation for the CarolinasNC52.1× affinity28 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Foundation for the Carolinas · United Way of Greater Charlotte Inc · Duke Energy Foundation · The Presbyterian Hospital · The Winston-Salem Foundation · Merancas Foundation Inc · Albemarle Foundation · The Leon Levine Foundation · The Cannon Foundation Inc · Hendrick Family Foundation · Ally Charitable Foundation · United Way Worldwide

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Charlotte Hornets Foundation Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Charlotte Hornets Foundation Inc?

Find your warmest path to Charlotte Hornets Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Charlotte Hornets Foundation Inc

How much does Charlotte Hornets Foundation Inc give?
Charlotte Hornets Foundation Inc reported 15 itemized grants totaling $1,140,247, out of $1,256,187 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 4 and 10 organizations a year over FY2017 to FY2023.
What does Charlotte Hornets Foundation Inc fund?
By grant dollars over FY2017 to FY2024, its largest causes are Education (33%), Health (25%), Food & Nutrition (10%).
Who are Charlotte Hornets Foundation Inc's largest grantees?
By total granted over FY2017 to FY2024: Cms Foundation ($500k), Presbyterian Hospital Foundation ($490k), Children of Fallen Patriots Foundation ($100k).
Does Charlotte Hornets Foundation Inc fund new organizations?
In FY2023, 50% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Charlotte Hornets Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include Foundation for the Carolinas, United Way of Greater Charlotte Inc, Duke Energy Foundation.
Where is Charlotte Hornets Foundation Inc based?
Charlotte Hornets Foundation Inc is based in NC.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 50 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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