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· 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.

$1.3M
Granted FY2024still arriving
15
Grants FY2024still arriving
3
States reached
$500k
Largest
01What it funds
01100% 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
02FY2024 · 15 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 15 grants below total $1,140,247, the rows itemized in this filing. The $1,256,187 headline is the total grant expense on the return; the other $115,940 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2024

  • $10k–50k8 grants · $90k
  • $50k–250k6 grants · $550k
  • $250k+1 grant · $500k
$15,247
Median grant
3
States reached
$1.6M
Total assets
Largest grants
RecipientAmount
CHARLOTTE MECKLENBURG SCHOOLS$500,000
CHILDREN OF FALLEN PATRIOTS FOUNDATION$100,000
ISRAEL RELIEF FRIENDS OF UNITED HATZALAH$100,000
CARE RING$100,000
THE JOHN CROSLAND SCHOOL$100,000
LOCAL INITIATIVES SUPPORTS CORPORATION$100,000
FOUNDATION FOR THE CAROLINAS$50,000
BOYS AND GIRLS CLUB OF CABARRUS COUNTY$15,247
MUGGSY BOGUES FOUNDATION$15,000
CHARLOTTE MECKLENBURG POLICE FOUNDATION$10,000
YMCA OF GREATER GREENSBORO TEEN ACHIEVERS$10,000
MAKE A WISH FOUNDATION$10,000
VETERANS BRIDGE HOME$10,000
JUNIOR ACHIEVEMENT$10,000
SPEEDWAY CHILDREN'S CHARITY GALA$10,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY18–23, $171k) land where the poverty rate runs at 10%, against an area that typically sits at 9%. 85% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%ARMED SERVICES YMCA OF THE USA: $25k → 7%Crisis Assistance Ministry: $25k → 10%YMCA OF GREATER CHARLOTTE: $25k → 10%YMCA GREATER CHARLOTTE: $25k → 10%Foundation for Girls: $30k → 10%ALEXANDER YOUTH NETWORK: $10k → 10%LOAVES AND FISHES FRIENSHIP TRAYS INC: $31k → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

36%of every dollar goes to organizations it has funded before.
$869k · 12 repeat orgs$1.6M to everyone else

Grantees it renews have grown median revenue +16% since the first grant, against +12% for those funded once.

12 repeat relationships: 5 still active in FY2024, 7 since wound down; 9 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

12
27

Total granted

$869k
$526k

Median revenue growth · since first grant

+16%
+12%

Still filing today

100%
70%

New vs renewed · share of each year

In FY2024, 5% of grant dollars renewed an existing relationship; $1.0M went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
EducationHuman ServicesHealthFood & NutritionArts & CultureCommunity ImprovementOther
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.

Backed again, and grew

  • OT
    OUT TEACH
    3× · 2018–2020 · $65k · revenue +4%
  • YM
    YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER CHARLOTTE
    2× · 2022–2023 · $50k · revenue +16%
  • VB
    VETERANS BRIDGE HOME INC
    2× · 2021–2024 · $37k · revenue +113%

Funded once

  • MS
    Mens Shelter of Charlotte Inc
    one grant, 2018 · $50k
  • NU
    Nourish Up
    one grant, 2022 · $31k · revenue -10%
  • FF
    Foundation For Girls
    one grant, 2019 · $30k · revenue -43% · 28% of their budget
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Carolinas Center for Medical Excellence Found ation
Health
2
For Charlotte Inc

To unite the Church to transform the city through the power of the Gospel.

Religion
3
Charlotte Works

Charlotte works serves job-seekers and businesses by providing resources to develop a skilled workforce that meets employer needs. the organization offers job-search workshops, individual coaching, networking opportunities, and training…

Employment
4
Carolina Meadows Foundation Inc

To solicit and receive gifts, grants, bequests and contributions for the support of carolina meadows, inc. in order to enhance or extend its mission, programs, services, and facilities.

Human Services
5
NourishNC Inc

NourishNC, Inc.'s goal is to provide healthy food to hungry children, empowering them to succeed in the classroom and in their community

Food & Nutrition
6
Charlotte Family Housing

The mission of Charlotte Family Housing is to empower working families experiencing homelessness to achieve long-term self-sufficiency through shelter, housing, supportive services, and advocacy.

Human Services
7
Carolina Common Enterprise

The specific objectives and purposes of this corporation shall be to assist individuals and communities, particularly those in low-income and socially disadvantaged areas, in the creation, expansion, and improvement of rural and…

Community Improvement
8
Food Bank of Central & Eastern Nc Inc

Nourish people. build solutions. empower communities. no one goes hungry.

Food & Nutrition
9
UrbanPromise Charlotte

Provide Charlotte's low-income children and youth with the academic, spiritual, and social development necessary to become Christian leaders determined to restore their communities.

Youth Development
10
Care Share Health Alliance Inc

Care share health alliance is a north carolina-based nonprofit organization advancing community health and wellbeing through systems change. guided by the mission of collaborating for health and a vision of communities that are healthy and…

Health
11
Charlotte City Market

The market at 7th street is a mission-based nonprofit that combines culinary and retail innovation, economic opportunity, and a sense of belonging. the market: 1) incubates new food and retail businesses, 2) supports economic mobility…

Health
12
Cabarrus Cooperative Christian Ministry

To respond to the growing need in our community by providing immediate assistance to residents of Concord, Kannapolis, and Cabarrus County, NC who are experiencing crisis in the areas of food, shelter or finances while providing them…

—
How this is measured
The grantee most central to the portfolio’s shape is Foundation for the Carolinas; the most unlike its peers is The Steve Smith Family Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

45 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 45 of the 50 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
8
Early backer (in before they grew)
41/45
Grantees still filing
24/45
Grew since first funded

Where the money sits, by cause and then by grantee

CMS FOUNDATION: $500,000 · EducationCMS FOUNDATIONChildren of Fallen Patriots Foundation: $100,000 · EducationChildren of Fallen Patriots Fou…OUT TEACH: $65,250 · EducationOUT TEACHUNITED NEGRO COLLEGE FUND INC: $30,500 · EducationNest Academy Inc: $26,450 · Education+3 more: $35,000 · EducationPRESBYTERIAN HOSPITAL FOUNDATION: $489,759 · HealthPRESBYTERIAN HOSPITAL FOUN…Care Ring Inc: $100,000 · HealthCare Ring IncAmerican Heart Association Inc: $22,500 · HealthMAKE-A-WISH FOUNDATION OF CENTRAL AND WESTERN NORTH CAROLINA INC: $22,000 · HealthFOUNDATION FOR THE CAROLINAS: $260,000 · PhilanthropyFOUNDATION FOR…COMMUNITY FOUNDATION OF GREATER GREENSBORO INC: $32,500 · PhilanthropyCOMMUNITY FOUN…SPEEDWAY CHILDREN'S CHARITIES: $30,000 · PhilanthropySPEEDWAY CHILD…The Steve Smith Family Foundation: $14,000 · PhilanthropyTHE JOHN CROSLAND SCHOOL: $100,000 · OtherTHE JOHN CROSLAND SCHOO…Mens Shelter of Charlotte Inc: $50,000 · OtherMens Shelter of Charlot…VETERANS BRIDGE HOME INC: $36,574 · OtherVETERANS BRIDGE HOME IN…Mecklenburg Food Policy Council: $25,000 · OtherFriendship Trays Inc: $20,000 · OtherANGELS & SPARROWS SOUP KITCHEN INC: $26,260 · OtherCAROLINA FARM TRUST INC: $25,000 · OtherBig Brothers Big Sisters of Central Carolinas: $50,000 · OtherBig Brothers Big Sister…The Independence Fund Inc: $20,000 · OtherPURPLE HEART HOMES INC: $20,000 · OtherJunior Achievement of Central Carolinas Inc: $27,500 · OtherCommunity Culinary School of Charlotte Inc: $25,000 · Other+11 more: $132,779 · Other+11 moreYOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER CHARLOTTE: $50,000 · Human ServicesNourish Up: $31,304 · Human ServicesFoundation For Girls: $30,000 · Human ServicesMuggsy Bogues Family Foundation: $30,000 · Human ServicesCrisis Assistance Ministry: $25,000 · Human ServicesARMED SERVICES YMCA OF THE USA: $25,000 · Human ServicesALEXANDER YOUTH NETWORK: $10,000 · Human ServicesFRIENDS OF UNITED HATZALAH INC: $100,000 · Arts & CultureROOF ABOVE INC: $25,000 · Arts & CultureLOCAL INITIATIVES SUPPORT CORPORATION: $100,000 · Community ImprovementBoost Pad Inc: $10,000 · Community Improvement
Education$757,200Health$634,259Philanthropy$336,500Other$558,113Human Services$201,304Arts & Culture$125,000Community Improvement$110,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

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 budgetFOUNDATION FOR THE CAROLINAS: $260,000 over 4y, 0.0% 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 budgetCOMMUNITY FOUNDATION OF GREATER GREENSBORO INC: $32,500 over 2y, 0.0% 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
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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.

How much its grantees rely on government

Each dot is one organization Charlotte Hornets Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Charlotte Hornets Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%5%11%20%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    18report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–75%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    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.

    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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