2021-02-05T14:00:48-06:00 2020-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2019-07-01 510462802 FAMILY IMPACT FUND FAMI 7049734500 220 NORTH TRYON STREET CHARLOTTE NC 28202 ANN BARNES ROBERTSON EXECUTIVE DIRECTOR 7049734500 2021-01-22 1 AMANDA ADAMS P00748038 7043771678 2019 2022-09-23 18:48:47Z X ANN BARNES ROBERTSON 220 NORTH TRYON STREET CHARLOTTE NC 28202 149457 0 X WWW.FAMILYIMPACTFUND.ORG X 2003 NC FAMILY IMPACT FUND PROVIDES ACCESS FOR ECONOMICALLY DISADVANTAGED CHILDREN TO EXPERIENCE HIGH-QUALITY, FULL-DAY/YEAR-ROUND EDUCATION AND CHILD CARE WHICH WILL POSETIVELY IMPACT THEIR SCHOOL READINESS. X 9 9 0 0 0 0 236993 148865 0 0 10877 592 -12307 0 235563 149457 223043 914595 0 0 0 0 0 0 6703 207374 171883 430417 1086478 -194854 -937021 929665 0 1107 0 928558 0 THE FAMILY IMPACT FUND PROVIDES TUITION ASSISTANCE TO CHILDREN FROM LOW-INCOME FAMILIES FOR HIGH-QUALITY EARLY EDUCATION AND CHILD CARE, HELPING PARENTS TO MAXIMIZE THEIR EMPLOYMENT OR CONTINUE THEIR EDUCATION. 0 0 991208 914595 DISTRIBUTED SCHOLARSHIP AWARDS TO ALLOW CHILDREN ON THE CHILD CARE SUBSIDY LIST TO EXPERIENCE HIGH QUALITY, FULL-TIME/YEAR-ROUND EDUCATION AND CHILD CARE. 991208 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 NC X ALYSSA FEDERICO 7049734500 220 NORTH TRYON STREET CHARLOTTE NC 28202 LINDA IBSEN CHAIR 0.50 0.00 X X 0 0 0 CT ANDERSON MEMBER 0.50 0.00 X 0 0 0 ANNA GLASS MEMBER 0.50 0.00 X 0 0 0 KAREN KNOBLE MEMBER 0.50 0.00 X 0 0 0 RYAN LEAK MEMBER 0.50 0.00 X 0 0 0 FOLA ONIFADE MEMBER 0.50 0.00 X 0 0 0 PEARSON PENDERGRASS MEMBER 0.50 0.00 X 0 0 0 MATTHEW TILLEY MEMBER 0.50 0.00 X 0 0 0 CHARLES WATSON MEMBER 0.50 0.00 X 0 0 0 ANN BARNES ROBERTSON EXECUTIVE DIRECTOR 0.50 50.00 X 0 74534 28456 0 74534 28456 0 0 0 0 FOUNDATION FOR THE CAROLINAS 220 N TRYON STREET CHARLOTTE NC 28202 ADMINISTRATION 145676 1 148865 4000 148865 345 345 247 0 247 247 247 149457 0 0 592 X 914595 914595 6517 2912 3350 255 451 451 157302 70300 80853 6149 2012 899 1034 79 117 52 60 5 4402 1967 2263 172 25 11 13 1 DUES 761 340 391 30 296 132 152 12 1086478 991208 88567 6703 31383 0 0 0 0 0 0 0 0 0 0 0 0 898282 0 0 0 0 929665 0 1107 0 0 0 0 0 0 0 0 0 1107 0 X 928558 0 928558 0 929665 0 -937021 8463 0 X 0 1 X 0 0 X X 1 FOUNDATION FOR THE CAROLINAS 566047886 7 1 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 6: FAMILY IMPACT FUND PROVIDES GRANTS TO ELIGIBLE 501(C)(3) CHARITABLE ORGANIZATIONS WHOSE ACTIVITIES OR PROGRAMS DIRECTLY SUPPORT THE MISSIONS OF FOUNDATION FOR THE CAROLINAS AND FAMILY IMPACT FUND. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE FOUNDATION FOR THE CAROLINAS 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 THAT 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 THAT IT HAD NO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2019 OR 2018. 1 CHILDREN'S SCHOLARSHIP FUND 8 WEST 38TH STREET NEW YORK NY 100186229 134002189 501(C)3 68068 SCHOLARSHIP PROGRAM THOMPSONS CHILD & FAMILY FOCUS 6800 ST PETERS LANE MATTHEWS NC 28105 560547460 501(C)3 69607 SCHOLARSHIP PROGRAM FOUNDATION FOR THE CAROLINAS 220 NORTH TRYON STREET CHARLOTTE NC 28202 566047886 501(C)3 773920 SCHOLARSHIP PROGRAM 3 0 PART I, LINE 2: GRANTS ARE DISTRIBUTED TO CHILDREN'S SCHOLARSHIP FUND IN NEW YORK AND THEN AWARDED TO QUALIFIED ACADEMIC INSTITUTIONS FOR STUDENTS WHO MEET THE PROGRAM'S SPECIFIED CRITERIA, INCLUDING RESIDENCE IN CHARLOTTE AND/OR MECKLENBURG COUNTY, ATTENDANCE IN K-8, QUALIFICATION FOR FEDERAL FREE AND REDUCED MEAL PROGRAM, AND ENTERING KINDERGARTEN OR TRANSFERRING FROM A PUBLIC SCHOOL. GRANTS ARE AWARDED ANNUALLY AND ALL STUDENTS MUST RE-QUALIFY EACH YEAR TO CONTINUE FUNDING. CASH DISTRIBUTED 2020-06-30 69607 FMV 560547460 THOMPSON CHILD & FAMILY FOCUS 6800 ST PETERS LANE MATTHEWS NC 281058458 501(C)(3) 0 0 0 0 1 1 1 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE RIGHT TO APPOINT A MAJORITY OF THE DIRECTORS IS VESTED EXCLUSIVELY IN FOUNDATION FOR THE CAROLINAS. FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF THE FINAL FORM 990 IS DISTRIBUTED TO EACH VOTING MEMBER PRIOR TO FILING. THE RETURN IS AVAILABLE FOR DISCUSSION AT THE NEXT BOARD MEETING CLOSEST TO THE FILING DATE. FORM 990, PART VI, SECTION C, LINE 19 FAMILY IMPACT FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ADMINISTRATIVE FEES : PROGRAM SERVICE EXPENSES 70,300. MANAGEMENT AND GENERAL EXPENSES 80,853. FUNDRAISING EXPENSES 6,149. TOTAL EXPENSES 157,302. FOUNDATION FOR THE CAROLINAS 220 NORTH TRYON STREET CHARLOTTE NC 28202 566047886 GRANTMAKING NC 501(C)(3) LINE 7 NA 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0