Nonprofit screen
Screen a listFoundation for the Carolinas
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$761Mrevenue
FY2024 · −1% in 3 yrs141staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Where the money goes FY2024 · $849M spent
Programs$840M99%Management and general$8.7M1%Fundraising$622k0%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$44M in FY2023 and −$88M in FY2024. Cash covers 1.2 months.
990 Part I and balance sheetIn its favor1
Strong governance
19 of 19 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VI242funders
$34Ma year, last 3 years
Funder’17’18’19’20’21’22’23The Bank of America Charitable Foundation IncEvery year since FY2017$4.4M$388k$470k$14M$12M$949k$259kNew York Life FoundationStopped after FY2021$5k$27M$495k–John M Belk EndowmentOn and off$995k$1.0M$2.0M$2.9M$4.4M$4.5MDuke Energy FoundationSince FY2020$4.1M$2.3M$2.9M$1.9MHyatt Hotels FoundationStopped after FY2021$9.5M$250k–Carolina Thread TrailOn and off$7.5MDonor-advised giftsDonors not disclosed$1.1M$3.6M$7.4M$9.6M$7.1M$7.0M$5.1M181 other fundersUp to $7.3M a year each$1.5M$2.8M$11M$25M$16M$13M$13M
FundedThrough a donor-advised fundStopped