FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY (EIN 31-1501858)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202003219349305125
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T10:03:34-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVE STE 900 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311501858 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR THE CHARLOTTE JEWISH | BusinessNameLine1Txt |
| Business Name Line2 | COMMUNITY | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 7049734500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL MARSICANO | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 7049734500 | PhoneNum |
| Signature | 2020-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 7043771678 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.30.12.216 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-15 | IPDt |
| IP Tm | 11:21:31 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 18694F53AD11E15FFCEA276DE93F63B2E746D691 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 18694F53AD11E15FFCEA276DE93F63B2E746D691 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL MARSICANO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,248,600 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THE ADMINISTRATION AND MAINTENANCE OF EXISTING ENDOWMENTS TO SUPPORT THE FUTURE OF CHARLOTTE'S JEWISH COMMUNITY AND ASSISTANCE IN THE DEVELOPMENT OF NEW ENDOWMENT OPPORTUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$5,157 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,600,060 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,003,224 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $597,097 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $602,285 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,266,785 | PYInvestmentIncomeAmt |
| CY Investment Income | $643,091 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $19,463,942 | PYTotalRevenueAmt |
| CY Total Revenue | $10,248,600 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,889,351 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,713,070 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $139,715 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,606,148 | PYOtherExpensesAmt |
| CY Other Expenses | $1,993,080 | CYOtherExpensesAmt |
| PY Total Expenses | $10,495,499 | PYTotalExpensesAmt |
| CY Total Expenses | $12,706,150 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,968,443 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,457,550 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $136,289,449 | TotalAssetsBOYAmt |
| Total Assets EOY | $159,399,995 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,820,964 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,433,612 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $132,468,485 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $154,966,383 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ADVANCE PHILANTHROPY THROUGH EDUCATION AND TO RAISE PERMANENT CHARITABLE RESOURCES TO IMPROVE AND STRENGTHEN THE QUALITY OF JEWISH LIFE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,394,150 | ExpenseAmt |
| Grant | $2,206,774 | GrantAmt |
| Desc | HEALTH CARE: DISBURSED GRANTS IN SUPPORT OF HEALTH CARE INSTITUTIONS AND INITIATIVES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,259,945 | ExpenseAmt |
| Grant | $2,083,072 | GrantAmt |
| Desc | PHILANTHROPY & GRANTMAKING: DISBURSED GRANTS TO VARIOUS ORGANIZATIONS TO SUPPORT THEIR PHILANTHROPY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,183,170 | ExpenseAmt |
| Grant | $2,012,306 | GrantAmt |
| Desc | RELIGION: DISBURSED GRANTS TO ORGANIZATIONS DEDICATED TO SUPPORTING THE JEWISH COMMUNITY AND FURTHERING THE QUALITY OF JEWISH LIFE IN THE CHARLOTTE REGION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (7 entries)
| ExpenseExpenseAmt | GrantGrantAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|---|
| $2,107,441 | $1,942,504 | EDUCATION: DISBURSED VARIOUS GRANTS IN SUPPORT OF PRIMARY, SECONDARY, AND HIGHER EDUCATION PROGRAMS AND INSTITUTIONS. | |
| $853,911 | $787,080 | INTL, FOREIGN AFFAIRS & NATIONAL SECURITY: DISBURSED GRANTS TO ORGANIZATIONS TO SUPPORT FOREIGN AFFAIR PROGRAMS. | |
| $844,455 | $778,365 | RECREATION & SPORTS: DISBURSED GRANTS TO SUPPORT VARIOUS PROGRAMS. | |
| $372,100 | $342,978 | ARTS, CULTURE & HUMANITIES: DISBURSED GRANTS TO ORGANIZATIONS DEDICATED TO SUPPORTING ARTS & CULTURE PROGRAMS, DANCE THEATRE, HISTORY AND MUSIC. | |
| $318,299 | $293,388 | HUMAN SERVICES: DISBURSED GRANTS TO ORGANIZATIONS TO SUPPORT PROGRAMS PROVIDING SHELTER, FOOD, AND ADVOCACY. | |
| $114,981 | $105,982 | HOUSING & SHELTER: DISBURSED GRANTS TO ORGANIZATIONS TO SUPPORT PROGRAMS PROVIDING SHELTER, FOOD, AND ADVOCACY. | |
| $174,260 | $160,621 | THE FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY HELPS FAMILIES AND INDIVIDUALS DEFINE AND ACHIEVE THEIR CHARITABLE GOALS WHILE HELPING TO STRENGTHEN THE JEWISH COMMUNITY. IN PARTNERSHIP WITH FOUNDATION FOR THE CAROLINAS, WE OFFER CUSTOMIZED CHARITABLE SOLUTIONS SUCH AS DONOR ADVISED FUNDS, ENDOWMENT MANAGEMENT, AND PHILANTHROPIC PLANNING TO AMPLIFY THE IMPACT OF EVERY CHARITABLE GIFT. FCJC FUNDS ARE CHARGED MONTHLY ADMINISTRATIVE FEES BASED ON THE FAIR MARKET VALUE OF THE ASSETS IN THE FUND. | $602,285 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $4,785,447 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $4,410,918 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $602,285 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $11,622,712 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALYSSA FEDERICO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7049734500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| FRED DUMAS | |||||||
| CHAIR | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARK VITNER | |||||||
| IMMEDIATE PAST CHAIR | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID CANTOR | |||||||
| TREASURER | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JUDY AUGUST | |||||||
| SECRETARY | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RICK GLASER | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| DEIDRE GRUBB | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| KAREN KNOBLE | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| MARK LERNER | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| DAVID LEVIN | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| HOLLY LEVINSON | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JON MASSACHI | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| GALE OSBORNE | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN PHILIPSON | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| MIKE SCHARF | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| IRA SLOMKA | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| HARRY SPARKS | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ERIC WISOTSKY | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| EMILY ZIMMERN | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL MARSICANO | |||||||
| VICE PRESIDENT | 0.30 | Yes (X) | Yes (X) | $0 | $602,561 | $127,708 | 50.00 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $602,561 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $127,708 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR THE CAROLINAS | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | ADMINISTRATIVE | ServicesDesc |
| Compensation | $322,163 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $9,003,224 | AllOtherContributionsAmt |
| Noncash Contributions | $2,159,993 | NoncashContributionsAmt |
| Total Contributions | $9,003,224 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE FEES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $602,285 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $602,285 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $602,285 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $413,152 | TotalRevenueColumnAmt |
| Exclusion | $413,152 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $229,939 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $229,939 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $229,939 | TotalRevenueColumnAmt |
| Exclusion | $229,939 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,248,600 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $602,285 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $643,091 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,713,070 | TotalAmt |
| Program Services | $10,713,070 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $493,585 | TotalAmt |
| Program Services | $225,272 | ProgramServicesAmt |
| Management And General | $233,713 | ManagementAndGeneralAmt |
| Fundraising | $34,600 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $940,021 | TotalAmt |
| Program Services | $429,026 | ProgramServicesAmt |
| Management And General | $445,100 | ManagementAndGeneralAmt |
| Fundraising | $65,895 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,791 | TotalAmt |
| Program Services | $4,012 | ProgramServicesAmt |
| Management And General | $4,163 | ManagementAndGeneralAmt |
| Fundraising | $616 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $633 | TotalAmt |
| Program Services | $289 | ProgramServicesAmt |
| Management And General | $300 | ManagementAndGeneralAmt |
| Fundraising | $44 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268 | TotalAmt |
| Program Services | $122 | ProgramServicesAmt |
| Management And General | $127 | ManagementAndGeneralAmt |
| Fundraising | $19 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69 | TotalAmt |
| Program Services | $31 | ProgramServicesAmt |
| Management And General | $33 | ManagementAndGeneralAmt |
| Fundraising | $5 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,540 | TotalAmt |
| Program Services | $703 | ProgramServicesAmt |
| Management And General | $729 | ManagementAndGeneralAmt |
| Fundraising | $108 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ADMINISTRATIVE SUPPORT | $274,369 | $125,222 | $129,914 | $19,233 |
| DEVELOPMENT | $12,773 | $5,830 | $6,048 | $895 |
| DUES AND SUBSCRIPTIONS | $673 | $307 | $319 | $47 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,358 | TotalAmt |
| Program Services | $118,828 | ProgramServicesAmt |
| Management And General | $123,277 | ManagementAndGeneralAmt |
| Fundraising | $18,253 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,706,150 | TotalAmt |
| Program Services | $11,622,712 | ProgramServicesAmt |
| Management And General | $943,723 | ManagementAndGeneralAmt |
| Fundraising | $139,715 | FundraisingAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,771 | BOYAmt |
| EOY | $1,157,142 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,050,780 | BOYAmt |
| EOY | $158,162,608 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,898 | BOYAmt |
| EOY | $80,245 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,289,449 | BOYAmt |
| EOY | $159,399,995 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,574 | BOYAmt |
| EOY | $612 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,816,390 | BOYAmt |
| EOY | $4,433,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,820,964 | BOYAmt |
| EOY | $4,433,612 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,065,317 | BOYAmt |
| EOY | $119,022,542 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,403,168 | BOYAmt |
| EOY | $35,943,841 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,468,485 | BOYAmt |
| EOY | $154,966,383 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,289,449 | BOYAmt |
| EOY | $159,399,995 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,457,550 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $24,881,737 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $73,711 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR THE CAROLINAS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566047886 | EIN |
| Organization Type | 7 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $10,713,070 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $10,713,070 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | Yes (1) | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV SECTION A LINE 6: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY PROVIDES ENDOWMENT SERVICES TO VARIOUS INDIVIDUALS AND CHARITABLE ORGANIZATIONS, WHOSE FUNDS ARE MANAGED BY IT. ENDOWMENT SERVICES INCLUDE ADMINISTERING, INVESTING AND DISTRIBUTING FUNDS TO SUCH MEMBER ORGANIZATIONS AND OTHER ELIGIBLE 501(C)(3) CHARITABLE ORGANIZATIONS. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 84 | DonorAdvisedFundsHeldCnt |
| Funds And Other Accounts Held | 107 | FundsAndOtherAccountsHeldCnt |
| Donor Advised Funds Contri | $588,485 | DonorAdvisedFundsContriAmt |
| Funds And Other Accounts Contri | $2,857,055 | FundsAndOtherAccountsContriAmt |
| Donor Advised Funds Grants | $9,435,518 | DonorAdvisedFundsGrantsAmt |
| Funds And Other Accounts Grants | $1,310,734 | FundsAndOtherAccountsGrantsAmt |
| Donor Advised Funds Vl EOY | $118,476,121 | DonorAdvisedFundsVlEOYAmt |
| Funds And Other Accounts Vl EOY | $37,619,089 | FundsAndOtherAccountsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,930,268 | BeginningYearBalanceAmt |
| Contributions | $3,844,069 | ContributionsAmt |
| Investment Earnings Or Losses | $5,451,463 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,310,734 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,415 | OtherExpendituresAmt |
| Administrative Expenses | $293,552 | AdministrativeExpensesAmt |
| End Year Balance | $37,619,089 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,755,650 | BeginningYearBalanceAmt |
| Contributions | $789,772 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,638,579 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,693,347 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,415 | OtherExpendituresAmt |
| Administrative Expenses | $289,813 | AdministrativeExpensesAmt |
| End Year Balance | $29,930,268 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,181,178 | BeginningYearBalanceAmt |
| Contributions | $608,115 | ContributionsAmt |
| Investment Earnings Or Losses | $4,501,840 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,261,311 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,415 | OtherExpendituresAmt |
| Administrative Expenses | $271,757 | AdministrativeExpensesAmt |
| End Year Balance | $21,755,650 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,407,662 | BeginningYearBalanceAmt |
| Contributions | $285,331 | ContributionsAmt |
| Investment Earnings Or Losses | $1,867,271 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,120,563 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,415 | OtherExpendituresAmt |
| Administrative Expenses | $256,108 | AdministrativeExpensesAmt |
| End Year Balance | $29,181,178 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,540,601 | BeginningYearBalanceAmt |
| Contributions | $768,840 | ContributionsAmt |
| Investment Earnings Or Losses | -$590,872 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,045,996 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,415 | OtherExpendituresAmt |
| Administrative Expenses | $262,496 | AdministrativeExpensesAmt |
| End Year Balance | $28,407,662 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.04960 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.51460 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.43580 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FFTC POOLED FUNDS | $136,413,485 | F |
| MERRILL LYNCH | $17,721,991 | F |
| COLONY FAMILY OFFICES | $4,027,132 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $158,162,608 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | SPENDABLE INCOME FROM ENDOWED FUNDS IS USED ANNUALLY TO PROVIDE SUPPORT TO MANY CHARITABLE ORGANIZATIONS. INCOME CAN BE DESIGNATED FOR SPECIFIC PROGRAMS OR PROJECTS, OR CAN BE USED AS GENERAL OPERATING SUPPORT. |
| 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 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. |
| PART X LINE 2 | THE FOUNDATION (FOUNDATION FOR THE CAROLINAS) AND ITS SUPPORTING FOUNDATIONS 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 GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS EVALUATED ALL OF ITS TAX POSITIONS AND DETERMINED THAT IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2019 AND 2018. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (51 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC | ||||||||
| 220 E 42ND STREET 400 | NEW YORK CITY | NY | 10017 | 131656634 | 501(C)3 | $75,000 | RELIGION | |
| ANIMAL LEAGUE OF GASTON COUNTY | ||||||||
| 425 W FRANKLIN BOULEVARD | GASTONIA | NC | 28052 | 030417697 | 501(C)3 | $24,000 | ANIMAL WELFARE | |
| ATRIUM HEALTH FOUNDATION | ||||||||
| PO BOX 32861 | CHARLOTTE | NC | 28232 | 566060481 | 501(C)3 | $2,063,200 | HUMAN SERVICE | |
| BROWN UNIVERSITY GIFT CASHIER | ||||||||
| PO BOX 1877 | PROVIDENCE | RI | 02912 | 050258809 | 501(C)3 | $6,000 | EDUCATION | |
| CHABAD OF DURHAM INC | ||||||||
| 6514 GLEN FOREST DRIVE | CHAPEL HILL | NC | 27517 | 820550909 | 501(C)(3) | $81,000 | EDUCATION | |
| CHARLOTTE CENTER FOR LEGAL ADVOCACY INC | ||||||||
| 1431 ELIZABETH AVENUE | CHARLOTTE | NC | 28204 | 561202940 | 501(C)(3) | $10,300 | HUMAN SERVICE | |
| CHARLOTTE COUNTRY DAY SCHOOL | ||||||||
| 1440 CARMEL ROAD | CHARLOTTE | NC | 28226 | 560623935 | 501(C)(3) | $81,667 | EDUCATION | |
| CHARLOTTE FAMILY HOUSING INC | ||||||||
| 300 HAWTHORNE LANE 3RD FLOOR | CHARLOTTE | NC | 28204 | 581599120 | 501(C)(3) | $100,000 | HUMAN SERVICE | |
| CHARLOTTE JEWISH DAY SCHOOL INC | ||||||||
| 5007 PROVIDENCE ROAD 110-E | CHARLOTTE | NC | 28226 | 562142023 | 501(C)(3) | $52,350 | EDUCATION | |
| CHARLOTTE LATIN SCHOOLS INC | ||||||||
| 9502 PROVIDENCE ROAD | CHARLOTTE | NC | 28277 | 560944449 | 501(C)(3) | $1,000,000 | EDUCATION | |
| CHARLOTTE MECKLENBURG POLICE FOUNDATION | ||||||||
| PO BOX 32084 | CHARLOTTE | NC | 28232 | 200422513 | 501(C)(3) | $10,000 | HUMAN SERVICE | |
| CHAUTAUQUA FOUNDATION INC | ||||||||
| PO BOX 28 DEVELOPMENT OFFICE | CHAUTAUQUA | NY | 14722 | 166028421 | 501(C)(3) | $12,000 | CHARITABLE | |
| CHESHIRE ACADEMY | ||||||||
| 10 MAIN STREET | CHESHIRE | CT | 06410 | 060662113 | 501(C)(3) | $45,618 | EDUCATION | |
| CHILDREN'S HOME SOCIETY OF NORTH CAROLINA INC | ||||||||
| PO BOX 14608 | GREENSBORO | NC | 274154608 | 560529946 | 501(C)(3) | $100,000 | EDUCATION | |
| CROHN'S & COLITIS FOUNDATION OF AMERICA INC | ||||||||
| 1100 S MINT STREET 204 | CHARLOTTE | NC | 28203 | 136193105 | 501(C)(3) | $10,000 | HUMAN SERVICE | |
| DIGITAL DIVIDE DATA | ||||||||
| 115 W 30TH STREET 400 | YORK | NY | 10001 | 201148452 | 501(C)(3) | $700,000 | INTL, FOREIGN AFFAIRS & NATL SECURITY | |
| ELON UNIVERSITY | ||||||||
| CAMPUS BOX 2600 ADVANCEMENT | ELON | NC | 27244 | 560532303 | 501(C)(3) | $20,000 | EDUCATION | |
| FLETCHER SCHOOL INC | ||||||||
| 8500 SARDIS ROAD | CHARLOTTE | NC | 28270 | 501(C)(3) | $6,000 | EDUCATION | ||
| FOUNDATION OF SHALOM PARK INC | ||||||||
| 5007 PROVIDENCE ROAD 102 | CHARLOTTE | NC | 28226 | 581477833 | 501(C)(3) | $383,094 | RECREATION & SPORTS | |
| FRIENDS OF YEMIN ORDE INC | ||||||||
| 4340 EAST-WEST HIGHWAY 202 | BETHESDA | MD | 20814 | 223090463 | 501(C)(3) | $8,500 | PHILANTHROPY | |
| GREENSBORO JEWISH FEDERATION GUILFORD CORPORATE PARK | ||||||||
| 5509-C WEST FRIENDLY AVENUE | GREENSBORO | NC | 27410 | 237107693 | 501(C)(3) | $13,365 | PHILANTHROPY | |
| HOPEWAY FOUNDATION | ||||||||
| 1717 SHARON ROAD WEST | CHARLOTTE | NC | 28210 | 464510365 | 501(C)(3) | $32,875 | HEALTH CARE | |
| HOSPICE AND PALLIATIVE CARE CHARLOTTE REGION | ||||||||
| PO BOX 470408 | CHARLOTTE | NC | 28247 | 561219017 | 501(C)(3) | $10,000 | HEALTH CARE | |
| ISIDORE NEWMAN SCHOOL | ||||||||
| 1903 JEFFERSON AVENUE | NEW ORLEANS | LA | 70115 | 720408935 | 501(C)(3) | $25,000 | EDUCATION | |
| ISRAEL GUIDE DOG CENTER FOR THE BLIND | ||||||||
| 968 EASTON ROAD | H WARRINGTON | PA | 18976 | 232519029 | 501(C)(3) | $25,000 | HUMAN SERVICE | |
| JEWISH BOOK COUNCIL | ||||||||
| 520 8TH AVENUE | TH FLOOR NEW YORK | NY | 10018 | 133737760 | 501(C)(3) | $15,000 | RELIGION | |
| JEWISH FAMILY SERVICE OF SAN DIEGO | ||||||||
| 8804 BALBOA AVENUE TURK FAMILY | SANDIEGO | CA | 92123 | 951644024 | 501(C)(3) | $12,500 | HUMAN SERVICE | CENTER |
| JEWISH FAMILY SERVICES OF GREATER CHARLOTTE | ||||||||
| INC 5007 PROVIDENCE ROAD 105 | CHARLOTTE | NC | 28226 | 201146861 | 501(C)(3) | $67,200 | HUMAN SERVICE | |
| JEWISH FEDERATION OF GREATER CHARLOTTE | ||||||||
| 5007 PROVIDENCE ROAD 101 | CHARLOTTE | NC | 28226 | 561951745 | 501(C)(3) | $302,719 | RELIGION | |
| KENT-COOK INSTITUTE | ||||||||
| 400 N HARBOR PLACE | SUITE C DAVIDSON | NC | 28036 | 811345600 | 501(C)(3) | $38,511 | EDUCATION | |
| LA JOLLA COUNTRY DAY SCHOOL | ||||||||
| 9490 GENESEE AVENUE | LA JOLLA | CA | 92037 | 951875978 | 501(C)(3) | $10,000 | EDUCATION | |
| LOOMIS INSTITUTE | ||||||||
| 4 BATCHELDER ROAD | WINDSOR | CT | 060950609 | 060653119 | 501(C)(3) | $20,000 | EDUCATION | |
| MERKOS LINYONEI CHINUCH LUBAVITCH OF NORTH CAROLINA | ||||||||
| 6619 SARDIS ROAD | CHARLOTTE | NC | 28270 | 581482114 | 501(C)(3) | $661,200 | RELIGION | |
| NORTH CAROLINA HILLEL | ||||||||
| 210 WEST CAMERON AVENUE | CHAPEL HILL | NC | 27516 | 566094521 | 501(C)(3) | $10,000 | EDUCATION | |
| NORTH CAROLINA PERFORMING ARTS CENTER FOUNDATION | ||||||||
| 130 NTRYON STREET | CHARLOTTE | NC | 28202 | 581791724 | 501(C)(3) | $71,784 | ARTS, CULTURE & HUMANITIES | |
| OPERA CAROLINA | ||||||||
| 1600 ELIZABETH AVENUE | CHARLOTTE | NC | 28204 | 566019660 | 501(C)(3) | $30,000 | ARTS, CULTURE & HUMANITIES | |
| PHILIPS ACADEMY OF NORTH CAROLINA | ||||||||
| 3115 PROVIDENCE ROAD | CHARLOTTE | NC | 28211 | 203125525 | 501(C)(3) | $50,000 | EDUCATION | |
| PLANNED PARENTHOOD HEALTH SYSTEMS CHARLOTTE | ||||||||
| 700 S TORRENCE STREET | CHARLOTTE | NC | 28204 | 561282557 | 501(C)(3) | $20,000 | HEALTH CARE | |
| PRESBYTERIAN HOSPITAL FOUNDATION DBA NOVANT HEALTH FOUNDATION | ||||||||
| PO BOX 33549 | CHARLOTTE | NC | 282333549 | 581413074 | 501(C)(3) | $57,022 | HEALTH CARE | |
| PROVIDENCE DAY SCHOOL | ||||||||
| 5800 SARDIS ROAD | CHARLOTTE | NC | 28270 | 560952382 | 501(C)(3) | $10,000 | EDUCATION | |
| RAMAH DAROM | ||||||||
| 6400 POWERS FERRY RD NW 215 | ATLANTA | GA | 30339 | 582146741 | 501(C)(3) | $19,500 | EDUCATION | |
| SANDRA AND LEON LEVINE JEWISH COMMUNITY CENTER | ||||||||
| 5007 PROVIDENCE ROAD 114 | CHARLOTTE | NC | 28226 | 561100696 | 501(C)(3) | $351,625 | RECREATION & SPORTS | |
| STAND FOR ANIMALS VETERINARY CLINIC | ||||||||
| 224 W 32ND STREET | CHARLOTTE | NC | 28206 | 273665227 | 501(C)(3) | $5,500 | ANIMAL WELFARE | |
| TEMPLE BETH EL | ||||||||
| 5101 PROVIDENCE ROAD | CHARLOTTE | NC | 28226 | 560840614 | 501(C)(3) | $268,497 | RELIGION | |
| TEMPLE ISRAEL | ||||||||
| 4901 PROVIDENCE ROAD | CHARLOTTE | NC | 28226 | 560588476 | 501(C)(3) | $437,012 | RELIGION | |
| UNC - CHAPEL HILL | ||||||||
| PO BOX 309 OFFICE OF DEVELOPMENT | CHAPEL HILL | NC | 27514 | 566001393 | 501(C)(3) | $155,000 | EDUCATION | |
| UNITED WAY OF CENTRAL CAROLINAS | ||||||||
| PO BOX 890685 | CHARLOTTE | NC | 282890685 | 560529948 | 501(C)(3) | $1,010,000 | PHILANTHROPY | |
| UNIVERSITY OF CHICAGO | ||||||||
| 5235 S HARPER COURT 7TH FLOOR | CHICAGO | IL | 60615 | 362177139 | 501(C)(3) | $40,000 | EDUCATION | |
| UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE | ||||||||
| 9201 UNIVERSITY CITY BOULEVARD | CHARLOTTE | NC | 282230001 | 560791228 | 501(C)(3) | $15,500 | EDUCATION | |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM | ||||||||
| PO BOX 9509 | WARWICK | RI | 028899509 | 232888152 | 501(C)(3) | $288,786 | PHILANTHROPY | |
| WASHINGTON & LEE UNIVERSITY | ||||||||
| 204 W WASHINGTON STREET | LEXINGTON | VA | 244509974 | 540505977 | 501(C)(3) | $12,500 | EDUCATION | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 51 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY ONLY DISTRIBUTES GRANTS TO APPROVED 501(C)(3) CHARITABLE ORGANIZATIONS. APPROVED ORGANIZATIONS ARE REVIEWED REGULARLY TO ENSURE CHARITABLE STATUS IN STILL IN EFFECT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL MARSICANO | PersonNm |
| Title | VICE PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $0 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $485,000 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $100,000 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $17,561 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $105,300 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $22,408 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $730,269 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | FOUNDATION FOR THE CAROLINAS MAINTAINS A 457(B) PLAN FOR TOP EXECUTIVES. THE CONTRIBUTION TO THE PLAN FOR MICHAEL MARSICANO WAS $19,000. FOUNDATION FOR THE CAROLINAS MAINTAINS A 457(F) PLAN FOR TOP EXECUTIVES. THE CONTRIBUTIONS TO THE PLAN FOR MICHAEL MARSICANO FOR THE YEAR WERE $38,881. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 102 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,159,993 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI | FORM 990, PART VI, SECTION B, LINE 15: FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY DOES NOT HAVE ANY EMPLOYEES AND THEREFORE DOES NOT HAVE A FORMAL PROCESS FOR DETERMINING COMPENSATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF TRUSTEES IS COMPRISED OF NINETEEN MEMBERS. ONE TRUSTEE IS APPOINTED BY THE CHIEF EXECUTIVE OFFICE OF FOUNDATION FOR THE CAROLINAS. NINE MEMBERS ARE NOMINATED BY 9 REPRESENTATIVE INSTITUTIONS OUTLINED IN THE BYLAWS FOR FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY. THE NOMINEES FROM THE REPRESENTATIVE ORGANIZATIONS ARE REVIEWED AND APPROVED BY THE CHIEF EXECUTIVE OFFICER OF FOUNDATION FOR THE CAROLINAS. THE REMAINING NINE REPRESENTATIVES ARE ELECTIVE POSITIONS, SELECTED BY A NOMINATING COMMITTEE TO REPRESENT THE JEWISH COMMUNITY OF GREATER CHARLOTTE, REGARDLESS OF THEIR AFFILIATION WITH A RESPECTIVE REPRESENTATIVE INSTITUTION. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE FINAL FORM 990, ABSENT SCHEDULE B, IS SENT ELECTRONICALLY TO EACH VOTING BOARD MEMBER PRIOR TO FILING. THE RETURN IS OPEN FOR DISCUSSION AT THE NEXT BOARD MEETING CLOSEST TO THE FILING DATE. SCHEDULE B IS REDACTED TO PRESERVE THE CONFIDENTIALITY TO THE FOUNDATION'S DONORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | FORM 990, PART VI, SECTION B, LINE 12: BOARD MEMBERS ANNUALLY COMPLETE A CONFLICT OF INTEREST FORM IN COMPLIANCE WITH FOUNDATION FOR THE CAROLINAS (SUPPORTED ORGANIZATION) ETHICS POLICY. FFTC STAFF COLLECTS AND MAINTAINS THE FORMS ANNUALLY, AND MONITORS THE PROCESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR THE CAROLINAS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566047886 | EIN |
| Primary Activities | GRANTMAKING | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Exempt Code Section | 501(C) 3 | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR THE CAROLINAS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | M | TransactionTypeTxt |
| Involved | $322,163 | InvolvedAmt |
| Method Of Amount Determination | CASH PAID | MethodOfAmountDeterminationTxt |