North Carolina · Nonprofit
SIGMAS OF CHARLOTTE FOUNDATION
SIGMAS OF CHARLOTTE FOUNDATION (North Carolina) receives grants from 3 organizations whose IRS filings report $17,790 to it, the largest being THE BLACKBAUD GIVING FUND ($15,040). 1 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $41k
- Funders on record
- 3
- Grants received
- $18k
- Net assets
- $25k
What Sigmas of Charlotte Foundation does
Mission
The Sigmas of Charlotte Foundation is a federally recognized 501c 3 organization promoting excellence in the Charlotte community by unlocking the potential of men of color and disadvantaged citizens through social economic and educational development.
As stated on its FY2024 Form 990-EZ.
Program
1. Health and Wellness Program Services Provided: Partnering with local organizations to design health education programs and seminars. Organizing physical fitness opportunities and activities. Providing mental health support and resources. Offering conflict resolution strategies to promote healthy outcomes in challenging situations. Number of Persons Benefited: Over 500 Black men and people of color participated in health education seminars and workshops in the last year. Approximately 300 individuals have engaged in fitness programs. Mental health support initiatives reached around 200 people providing them with access to counseling and support groups. Other Relevant Information: This program aims to address the health disparities affecting Black men and people of color in the Charlotte community. Through collaborative efforts with healthcare professionals and community leaders the program has seen significant improvements in health literacy and physical activity levels among pa
$0 spent
The program described on its FY2024 Form 990-EZ.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 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.
Balance sheet
Total assets at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $20k to $25k (+25%).
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.
12% of SIGMAS OF CHARLOTTE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (65% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
Leadership and staff
Board chair
John Reaves
ED & Chairman of Board
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 85% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SIGMAS OF CHARLOTTE 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
SIGMAS OF CHARLOTTE FOUNDATION leans on a few funders — its largest provides 85% 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
85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SIGMAS OF CHARLOTTE FOUNDATION.
“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
85% of SIGMAS OF CHARLOTTE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3k that is directly attributable, 91% of it comes from North Carolina funders.
Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
SIGMAS OF CHARLOTTE FOUNDATION's revenue fell 19% between 2023 and 2024.
this organization peer median middle 50% of peers· 21,892 education nonprofits under $100k, FY2024
Organizations like SIGMAS OF CHARLOTTE FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SIGMAS OF CHARLOTTE 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.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SIGMAS OF CHARLOTTE FOUNDATION?
- SIGMAS OF CHARLOTTE FOUNDATION (North Carolina) receives grants from 3 organizations whose IRS filings report $17,790 to it, the largest being THE BLACKBAUD GIVING FUND ($15,040). 1 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does SIGMAS OF CHARLOTTE FOUNDATION have?
- IRS filings report 3 organizations giving $17,790 in grants to SIGMAS OF CHARLOTTE FOUNDATION, 1 of which have funded it in more than one year.
- Who is the largest funder of SIGMAS OF CHARLOTTE FOUNDATION?
- THE BLACKBAUD GIVING FUND is the largest funder on record, with $15,040 in grants. The full list of funders is on this page.
- How can an organization like SIGMAS OF CHARLOTTE 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.
Play a game about who funds Sigmas of Charlotte →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 3 funders 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 October 22, 2026. What this page cannot tell you · view filing