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North Carolina · Nonprofit

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION (North Carolina) receives grants from 2 organizations whose IRS filings report $64,000 to it, the largest being Bill and Connie Timmons Foundation ($62,000). 1 of them have funded it in more than one year.

$24M
Revenue FY2024
2
Funders on record
$64k
Grants received
$4.7M
Net assets
1/2 repeat funderspeak grant-dependency 100%

Against its field

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION has grown faster than three-quarters of the 828 philanthropy nonprofits its size.

Months of reserve5.5mo · above the median
Revenue growth (annualized)172% · top quartile

this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($22k) Expenses 100 ($22k) Net assets 100 ($18)2018 Revenue 59 ($13k) Expenses 59 ($13k) Net assets -39 ($-7)2019 Revenue 54 ($12k) Expenses 54 ($12k) Net assets 33 ($6)2020 Revenue 45 ($10k) Expenses 45 ($10k) Net assets 33 ($6)2021 Revenue 68 ($15k) Expenses 68 ($15k) Net assets -78 ($-14)2022 Revenue 0 ($110) Expenses 0 ($40) Net assets 0 ($0)2023 Revenue 23 ($5k) Expenses 29920 ($6.6M) Net assets -36902928 ($-6642527)2024 Revenue 108774 ($24M) Expenses 57596 ($13M) Net assets 26123461 ($4.7M)
'17'18'19'20'21'22'23'24
Revenue (108774)Expenses (57596)Net assets (26123461)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
ContributionsProgram revenueInvestmentOther

100% of NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (80% for the typical peer).

This organization
Typical peer · 859 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 2 reported years ran a deficit.

$24
17
$25
18
19
20
21
22
23
24
5.5
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2021: the base narrowed from 2 funders to 1 funder, grant income rose $14k → $15k.

From the IRS filings of NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 86% · 2018 100% · 2019 100% · 2020 100% · 2021 100%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION draws 100% of its grant income from funders outside North Carolina, across 2 states in all.

NV
DE

In-state vs out-of-state, by year

17
18
19
20
21
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION?
NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION (North Carolina) receives grants from 2 organizations whose IRS filings report $64,000 to it, the largest being Bill and Connie Timmons Foundation ($62,000). 1 of them have funded it in more than one year.
How many funders does NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION have?
IRS filings report 2 organizations giving $64,000 in grants to NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION?
Bill and Connie Timmons Foundation is the largest funder on record, with $62,000 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing