2022-11-15T14:50:52-06:00 2021-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2021-12-17 873137387 E4E RELIEF LLC E4ER 7049734500 220 NORTH TRYON STREET CHARLOTTE NC 28202 HOLLY WELCH STUBBING CEO 7049734500 2022-11-15 1 HOLLY WELCH STUBBING 999009999 AMANDA ADAMS P00748038 7043771678 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z X HOLLY WELCH STUBBING 220 NORTH TRYON STREET CHARLOTTE NC 28202 111875075 0 X EMPLOYEERELIEFFUND.ORG X LLC 2014 NC WE EMPOWER COMPANIES AND EMPLOYEES TO RESPOND TO CRISIS BY PROVIDING A GLOBAL, CHARITABLE SOLUTION IN TIMES OF NEED. 8 7 0 0 0 0 111422005 453070 0 0 111875075 2768073 0 0 0 58141 2248486 5016559 106858516 108853338 2001836 106851502 WE EMPOWER COMPANIES AND EMPLOYEES TO RESPOND TO CRISIS BY PROVIDING A GLOBAL, CHARITABLE SOLUTION IN TIMES OF NEED. 0 0 4194129 2768073 453070 E4E RELIEF'S SOLE MEMBER IS THE FOUNDATION FOR THE CAROLINAS. FROM 2014 TO DECEMBER 17, 2021, IT WAS OPERATED AS A PROGRAM OF FFTC AND ITS ACTIVITIES WERE REPORTED ON FFTC'S FORM 990. DURING 2021, E4E RELIEF ELECTED TO BE TREATED AS A SEPARATE ENTITY FOR TAX PURPOSES AND FILED FOR EXEMPT STATUS. DURING THIS SHORT TAX YEAR, E4E RELIEF AWARDED 1,471 GRANTS TO INDIVIDUALS FOR HARDSHIP AND DISASTER RELIEF. 4194129 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 0 0 0 NC X MATT PIERCE 7049734500 401 NORTH TRYON STREET CHARLOTTE NC 28202 KEVIN ROCHE CHAIR 1.00 0.00 X 0 0 0 KEVIN COLLINS DIRECTOR 1.00 0.00 X 0 0 0 BARNES HAUPTFUHRER DIRECTOR 1.00 0.00 X 0 0 0 JEWELL HOOVER DIRECTOR 1.00 0.00 X 0 0 0 KELLY KATTERHAGEN DIRECTOR 1.00 0.00 X 0 0 0 FRITZ NAUCK DIRECTOR 1.00 0.00 X 0 0 0 RUTH SHAW DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL MARSICANO PRESIDENT & CEO 5.00 50.00 X X 0 765136 154835 HOLLY WELCH STUBBING EXECUTIVE VICE PRESIDENT 50.00 5.00 X 0 426274 58604 LINDA TERRELL VICE PRESIDENT & DIRECTOR - OPERATIONS AND IT 40.00 0.00 X 0 211350 63133 JULIE T CALDWELL NATIONAL MARKETING DIRECTOR & VICE PRESIDENT 40.00 0.00 X 0 193706 37977 DAVIDA RIVENS NATIONAL SALES DIRECTOR & VICE PRESIDENT 40.00 0.00 X 0 222535 24942 THERESA STROISCH VP & DIRECTOR - CUSTOMER & APPLICANT EXPERIENCE 40.00 0.00 X 0 210172 39357 MATT PIERCE VP OF FINANCE AND OPERATIONS 40.00 0.00 X 0 133141 8005 0 2162314 386853 0 0 1 0 0 108016025 3405980 111422005 ADMINISTRATIVE FEES 900099 453070 453070 453070 111875075 453070 0 0 X 1790890 1790890 977183 977183 230734 103115 118597 9022 15312 15842 -493 -37 669425 658129 10498 798 6035 4356 1560 119 508 227 261 20 399074 229763 157342 11969 3196 1428 1643 125 25595 11438 13156 1001 SHARED SERVICES 840246 375506 431886 32854 DEVELOPMENT AND CLIENT 6135 2742 3153 240 DUES 866 387 445 34 51360 23123 26241 1996 5016559 4194129 764289 58141 108535457 304459 2145 0 0 2145 11277 0 108853338 763206 3478 1235152 0 2001836 X 11864385 94987117 0 106851502 0 108853338 106858516 -7014 0 X 0 1 X 0 0 X 111422005 111422005 111422005 111422005 111422005 111422005 453070 X PART II, SHORT YEAR EXPLANATION: 2021 MARKED THE INITIAL FILING OF FORM 990 FOR E4E RELIEF, LLC RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 571000 1 1 2145 2145 2145 X PART X, LINE 2: THE FOUNDATION AND ITS SUPPORTING ORGANIZATIONS ARE EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE IRC. IN ACCORDANCE WITH IRC REGULATIONS, THE FOUNDATION IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE FOUNDATION. THE FOUNDATION ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE FOUNDATION BELIEVES THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS EVALUATED ALL ITS TAX POSITIONS AND DETERMINED IT HAD NO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2021 OR 2020. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS IN REGION 4500 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS IN REGION 905097 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS IN REGION 25144 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS IN REGION 13192 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS IN REGION 15250 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN REGION 9000 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN REGION 5000 0 0 0 0 0 0 977183 0 977183 HARDSHIP GRANT CENTRAL AMERICA AND THE CARIBBEAN 5 4500 WIRE HARDSHIP GRANT EAST ASIA AND THE PACIFIC 1116 905097 WIRE HARDSHIP GRANT EUROPE (INCLUDING ICELAND & GREENLAND) 49 25144 WIRE HARDSHIP GRANT NORTH AMERICA 12 13192 WIRE HARDSHIP GRANT SOUTH AMERICA 18 15250 WIRE HARDSHIP GRANT SOUTH ASIA 5 9000 WIRE HARDSHIP GRANT SUB-SAHARAN AFRICA 1 5000 WIRE 0 0 0 0 0 0 PART I, LINE 2: GRANTEES MUST COMPLETE APPLICATION FOR HARDSHIP RELIEF INCLUDING DOCUMENTATION VERIFYING LOCATION, DESCRIPTION OF HARDSHIP, FINANCIAL LOSS, ETC. PART I, LINE 3: THE AMOUNTS REPORTED IN PART I WERE DETERMINED USING THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: 1 DISASTER AND HARDSHIP RELIEF 265 1790890 PART I, LINE 2: ONCE ELIGIBILITY FOR EMERGENCY ASSISTANCE HAS BEEN DETERMINED AND AWARDED, NO MONITORING IS DEEMED NECESSARY. 0 1 0 0 0 0 0 0 0 MICHAEL MARSICANO PRESIDENT & CEO 0 492399 0 250000 0 22737 0 134100 0 20735 0 919971 0 0 HOLLY WELCH STUBBING EXECUTIVE VICE PRESIDENT 0 297149 0 125000 0 4125 0 39720 0 18884 0 484878 0 0 LINDA TERRELL VICE PRESIDENT & DIRECTOR - OPERATIO 0 178804 0 30000 0 2546 0 39798 0 23335 0 274483 0 0 THERESA STROISCH VP & DIRECTOR - CUSTOMER & APPLICANT 0 168429 0 40000 0 1743 0 25788 0 13569 0 249529 0 0 DAVIDA RIVENS NATIONAL SALES DIRECTOR & VICE PRESI 0 175657 0 45000 0 1878 0 13500 0 11442 0 247477 0 0 JULIE T CALDWELL NATIONAL MARKETING DIRECTOR & VICE P 0 168736 0 22500 0 2470 0 24000 0 13977 0 231683 0 0 PART I, LINE 4B FOUNDATION FOR THE CAROLINAS MAINTAINS A 457(B) PLAN FOR TOP EXECUTIVES. THE CONTRIBUTIONS TO THE PLAN DURING 2021 FOR PERSONS LISTED IN PART VII WERE AS FOLLOWS: MICHAEL MARSICANO $19,500 HOLLY WELCH STUBBING $19,500 FOUNDATION FOR THE CAROLINAS MAINTAINS A 457(F) PLAN FOR TOP EXECUTIVES. THE CONTRIBUTIONS TO THE PLAN DURING 2021 FOR PERSONS LISTED IN PART VII WERE AS FOLLOWS: MICHAEL MARSICANO $71,450 HOLLY WELCH STUBBING $20,120 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS FOUNDATION FOR THE CAROLINAS. FORM 990, PART VI, SECTION A, LINE 7A FOUNDATION FOR THE CAROLINAS APPOINTS THE BOARD OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B POWERS RESERVED TO THE FOUNDATION FOR THE CAROLINAS AS SOLE MEMBER INCLUDE THE FOLLOWING: 1. TO MAKE ANY CHANGES TO THE MISSION OR PURPOSES OF THE COMPANY; 2. TO APPROVE ANY AMENDMENT TO THE ARTICLES OR THE OPERATING AGREEMENT; 3. TO ADMIT TO OR REMOVE ANY MEMBER FROM THE COMPANY; 4. TO APPROVE ANY MERGER, CONSOLIDATIONS, CONVERSION, MEMBERSHIP EXCHANGE, DOMESTICATION, LIQUIDATION, DISSOLUTION, OR WINDING UP, OR OTHER CHANGE TOTHE STRUCTURE, JURISDICTION, OR ORGANIZATIONAL STATUS OF THE COMPANY; 5. TO APPROVE THE TRANSFER OR SALE OF ANY ASSETS OF THE COMPANY OUTSIDE OF THE ORDINARY COURSE OF BUSINESS; 6. TO APPROVE THE INCURRENCE OF INDEBTEDNESS BY THE COMPANY OUTSIDE THE ORDINARY COURSE OF BUSINESS OR IN EXCESS OF $500,000; 7. TO APPROVE ANY CONFLICT-OF-INTEREST TRANSACTIONS BETWEEN THE COMPANY AND AN OFFICER; AND 8. TO APPROVE ANY COMPANY ACTION THAT HAS A REASONABLE LIKELIHOOD OF MATERIALLY AFFECTING THE LIABILITY, REPUTATION, OR VIABILITY OF FOUNDATION FOR THE CAROLINAS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE MANAGEMENT TEAM PRIOR TO PROVIDING A COPY TO THE BOARD AND FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY DISTRIBUTES (AT THE FIRST MEETING OF EACH YEAR) ITS CONFLICT OF INTEREST POLICY. THE POLICY REQUIRES EACH BOARD MEMBER, WHETHER NEW OR RETURNING, TO SPECIFY POTENTIAL CONFLICTS OF INTEREST, SUCH AS VENDOR RELATIONSHIPS OR GRANT RECIPIENT RELATIONSHIPS. IN ADDITION, AT EACH MEETING, BOARD MEMBERS ARE ASKED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. UPON DISCLOSURE OF A CONFLICT, A BOARD MEMBER MUST CONFORM TO THE TERMS OF THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 636,813. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 636,813. OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 21,316. MANAGEMENT AND GENERAL EXPENSES 10,498. FUNDRAISING EXPENSES 798. TOTAL EXPENSES 32,612. FOUNDATION FOR THE CAROLINAS 220 NORTH TRYON STREET CHARLOTTE NC 28202 566047886 GRANTMAKING NC 501(C)(3) LINE 7 N/A 0 FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY 220 NORTH TRYON STREET CHARLOTTE NC 28202 311501858 GRANTMAKING NC 501(C)(3) LINE 12A, I FOUNDATION FOR THE CAROLINAS 0 THE JA TURNER FAMILY FOUNDATION 220 NORTH TRYON STREET CHARLOTTE NC 28202 562162208 GRANTMAKING NC 501(C)(3) LINE 12A, I FOUNDATION FOR THE CAROLINAS 0 UNITED WAY LEGACY FOUNDATION 220 NORTH TRYON STREET CHARLOTTE NC 28202 562277050 GRANTMAKING NC 501(C)(3) LINE 12A, I FOUNDATION FOR THE CAROLINAS 0 CAROLINA THREAD TRAIL 220 NORTH TRYON STREET CHARLOTTE NC 28202 261528527 GRANTMAKING NC 501(C)(3) LINE 12A, I FOUNDATION FOR THE CAROLINAS 0 COMMUNITY INVESTMENTS FOUNDATION 220 NORTH TRYON STREET CHARLOTTE NC 28202 456930128 GRANTMAKING NC 501(C)(3) LINE 12A, I FOUNDATION FOR THE CAROLINAS 0 COMMUNITY REAL PROPERTY HOLDINGS INC 220 NORTH TRYON STREET CHARLOTTE NC 28202 455258321 GRANTMAKING NC 501(C)(3) LINE 12A, I FOUNDATION FOR THE CAROLINAS 0 SEYMOUR FOUNDATION 220 NORTH TRYON STREET CHARLOTTE NC 28202 813099131 GRANTMAKING NC 501(C)(3) LINE 12A, I FOUNDATION FOR THE CAROLINAS 0 GREATER CHARLOTTE FOUNDATION 220 NORTH TRYON STREET CHARLOTTE NC 28202 561530358 GRANTMAKING NC 501(C)(3) LINE 12B, II FOUNDATION FOR THE CAROLINAS 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0