FURP.ORG / PUBLIC DATA EXPLORER

FFTC PARTNERS FOR EMPOWERING COMMUNITIES: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FFTC PARTNERS FOR EMPOWERING COMMUNITIES (EIN 92-2022464)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202543179349302819
Schema version
2024v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-13T09:18:12-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN882730877PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11111 METROPOLITAN AVE STE 900AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN922022464EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FFTC PARTNERS FOR EMPOWERING COMMUNITIESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFFTCBusinessNameControlTxt
Phone7049734500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 N TRYON STREETAddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALYSSA FEDERICOPersonNm
Person TitleCFOPersonTitleTxt
Phone7049734500PhoneNum
Signature2025-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMELANIE MCPEAKPreparerPersonNm
PTINP01346034PTIN
Phone7043771678PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALYSSA FEDERICOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 N TRYON STREETAddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$300,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO CARRY OUT GRANT-MAKING AND RELATED PROGRAMS TO FOSTER ECONOMIC DEVELOPMENT OPPORTUNITIES AND GREATER SOCIAL AND ECONOMIC MOBILITY FOR LOW INCOME AND MINORITY COMMUNITIES IN THE GREATER CHARLOTTE METROPOLITAN AREA.ActivityOrMissionDesc
Voting Members Governing Body2VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$19,334,130PYContributionsGrantsAmt
CY Contributions Grants$300,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$19,334,130PYTotalRevenueAmt
CY Total Revenue$300,000CYTotalRevenueAmt
PY Grants And Similar Paid$10,589,032PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,761,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$54,271CYTotalFundraisingExpenseAmt
PY Other Expenses$1,560,289PYOtherExpensesAmt
CY Other Expenses$1,387,994CYOtherExpensesAmt
PY Total Expenses$12,149,321PYTotalExpensesAmt
CY Total Expenses$7,149,494CYTotalExpensesAmt
PY Revenues Less Expenses$7,184,809PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$6,849,494CYRevenuesLessExpensesAmt
Total Assets BOY$7,905,622TotalAssetsBOYAmt
Total Assets EOY$1,410,895TotalAssetsEOYAmt
Total Liabilities BOY$58,425TotalLiabilitiesBOYAmt
Total Liabilities EOY$44,972TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,847,197NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,365,923NetAssetsOrFundBalancesEOYAmt
MissionTO CARRY OUT GRANT-MAKING AND RELATED PROGRAMS TO FOSTER ECONOMIC DEVELOPMENT OPPORTUNITIES AND GREATER SOCIAL AND ECONOMIC MOBILITY FOR LOW INCOME AND MINORITY COMMUNITIES IN THE GREATER CHARLOTTE METROPOLITAN AREA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,381,795ExpenseAmt
Grant$5,761,500GrantAmt
DescBEYOND OPEN SMALL BUSINESS GRANT PROGRAM. TO ADMINISTER GRANTS TO CHARLOTTE METRO AREA SMALL BUSINESSES PRIMARILY WITHIN LOW INCOME COMMUNITIES. GRANTS ARE DIRECTED TO DIVERSE SMALL BUSINESSES AND THE SMALL BUSINESS ECOSYSTEM TO HELP BUILD ECONOMIC MOBILITY.Desc
Total Program Service Expenses$6,381,795TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members2GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonALYSSA FEDERICOPersonNm
Phone7049734500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 N TRYON STREETAddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JEWELL HOOVER
CHAIR (RESIGNED 9/5/24)0.500.00Yes (X)Yes (X)$0$0$0
TONYA S BLACKMON
DIRECTOR0.500.00Yes (X)$0$0$0
LUCIA ZAPATA GRIFFITH
DIRECTOR0.500.00Yes (X)$0$0$0
DOUGLAS BENSON
SECRETARY0.5050.00Yes (X)$0$258,735$70,195
ALYSSA FEDERICO
CFO0.5050.00Yes (X)$0$228,835$61,119
FEDERICO RIOS
ASSISTANT SECRETARY0.5050.00Yes (X)$0$228,835$62,833
CATHY BESSANT
CEO0.5050.00Yes (X)$0$602,970$169,387
EVAN WOLKOFSKY
ASSISTANT SECRETARY0.5050.00Yes (X)$0$251,035$61,277
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,570,410TotReportableCompRltdOrgAmt
Total Other Compensation$424,811TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR THE CAROLINASBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1220 N TRYON STREETAddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd
FieldValueIRS element (for citing)
ServicesADMINISTRATIVEServicesDesc
Compensation$168,333CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$300,000AllOtherContributionsAmt
Total Contributions$300,000TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$300,000TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,645,739TotalAmt
Program Services$5,645,739ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$115,761TotalAmt
Program Services$115,761ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$609,148TotalAmt
Program Services$272,228ProgramServicesAmt
Management And General$313,102ManagementAndGeneralAmt
Fundraising$23,818FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,245TotalAmt
Program Services$2,344ProgramServicesAmt
Management And General$2,696ManagementAndGeneralAmt
Fundraising$205FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$2,607TotalAmt
Program Services$1,165ProgramServicesAmt
Management And General$1,340ManagementAndGeneralAmt
Fundraising$102FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$168,333TotalAmt
Program Services$75,228ProgramServicesAmt
Management And General$86,523ManagementAndGeneralAmt
Fundraising$6,582FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$324,847TotalAmt
Program Services$145,174ProgramServicesAmt
Management And General$166,971ManagementAndGeneralAmt
Fundraising$12,702FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,410TotalAmt
Program Services$630ProgramServicesAmt
Management And General$725ManagementAndGeneralAmt
Fundraising$55FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,613TotalAmt
Program Services$1,168ProgramServicesAmt
Management And General$1,343ManagementAndGeneralAmt
Fundraising$102FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ADMINSITRATIVE SUPPORT$267,547$119,567$137,519$10,461
DEVELOPMENT$6,244$2,791$3,209$244

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,149,494TotalAmt
Program Services$6,381,795ProgramServicesAmt
Management And General$713,428ManagementAndGeneralAmt
Fundraising$54,271FundraisingAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,905,622BOYAmt
EOY$1,410,895EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,905,622BOYAmt
EOY$1,410,895EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$28,425BOYAmt
EOY$44,972EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$30,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$58,425BOYAmt
EOY$44,972EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,847,197BOYAmt
EOY$1,365,923EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,847,197BOYAmt
EOY$1,365,923EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,905,622BOYAmt
EOY$1,410,895EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$6,849,494ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$368,220NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR THE CAROLINASBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN566047886EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported OrgYes (1)SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART IV, LINE 6FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION PROVIDES GRANTS TO SMALL BUSINESSES LED, OWNED, AND MANAGED BY DIVERSE POPULATIONS WITHIN THE CITY OF CHARLOTTE. THE ORGANIZATION HAS ADOPTED RIGOROUS POLICIES AND PROCEDURES TO ENSURE THE PROGRAM'S OPERATIONS ARE FULLY ALIGNED WITH ACHIEVING THESE GOALS. THESE PROCEDURES INCLUDE A THOROUGH GRANT APPLICATION AND REVIEW PROCESS, OBJECTIVE SELECTION CRITERIA AND METRICS, AND ROBUST REPORTING AND RECORDKEEPING REQUIREMENTS TO ENSURE THE GRANTS FURTHER CHARITABLE AND EDUCATIONAL PURPOSES. A GRANT REVIEW TEAM GUIDES, ADVISES, AND MAKES RECOMMENDATIONS ON KEY ASPECTS OF THE PROGRAM, INCLUDING THE ASSESSMENT OF KEY PERFORMANCE INDICATORS AND OVERALL IMPACT. THESE COMMUNITY MEMBERS REPRESENT THE DIVERSITY OF THE AREA AND BUSINESSES SERVED BY THE PROGRAM. THE ORGANIZATION MAINTAINS APPROPRIATE RECORDS OF GRANTEES, SUCH AS APPLICATIONS, GRANT AMOUNTS, AND REPORTS, IF ANY, NECESSARY TO SUBSTANTIATE THE GRANTS FOR TAX PURPOSES. SELECTED GRANTEES MAY BE NON-PROFIT OR FOR-PROFIT BUSINESSES. GRANTS ARE MADE TO DIVERSE-OWNED SMALL BUSINESSES THAT ARE HISTORICALLY UNDERSERVED AND SUPPORT ECONOMIC DEVELOPMENT WITHIN DIVERSE COMMUNITIES. GRANTS PROMOTE THE SOCIAL WELFARE OF THE COMMUNITY AS IT NOT ONLY RELIEVES POVERTY BUT ALSO LESSENS NEIGHBORHOOD TENSIONS CAUSED BY A LACK OF CAPITAL AND JOB OPPORTUNITIES IN THE AREA. FURTHER, THESE GRANTS COMBAT COMMUNITY DETERIORATION.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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, 2024 OR 2023.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (104 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
#THESAVAGEWAY LLC
1000 UPPER ASBURY AVENUECHARLOTTENC28206460871093$92,000$0SUPPORT TO HELP SMALL BUSINESS GROW
180 PRODUCTIONS LLC
3305 GREEN MEADOW DRCHARLOTTENC28269831535572$48,249$0SUPPORT TO HELP SMALL BUSINESS GROW
A CULTIVATED MINDSET
2459 WILKINSON BVLD SUITE 310CHARLOTTENC28208454022539$75,000$0SUPPORT TO HELP SMALL BUSINESS GROW
A MOTHER'S DREAM CDC INC
13453 LOVELL HOUSE DRIVECHARLOTTENC28273455057807$100,000$0SUPPORT TO HELP SMALL BUSINESS GROW
AA & Q TRANSPORTATION INC
4919 ALBEMARLE RD STE 105CHARLOTTENC28212861644948$19,750$0SUPPORT TO HELP SMALL BUSINESS GROW
ABOVE AND BEYOND ACADEMIC LEARNING CENTER INC
3743 HAVENWOOD ROADCHARLOTTENC28205455560496$10,390$0SUPPORT TO HELP SMALL BUSINESS GROW
AFFIRM HOMECARE SERVICE INC
5237 ALBEMARLE RD STE 221ACHARLOTTENC28212843597252$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
AGUA SOURCE LLC
2524 WESTERLY HILL DRCHARLOTTENC28208113819975$76,666$0SUPPORT TO HELP SMALL BUSINESS GROW
AIRBOAT INC DBA DEPEA STUDIO
804 ATANDO AVENUECHARLOTTENC28206680509717$64,580$0SUPPORT TO HELP SMALL BUSINESS GROW
AMARA WELLNESS SERVICES INC
5108 REAGAN DRIVE STE 9CHARLOTTENC28206851728042$61,500$0SUPPORT TO HELP SMALL BUSINESS GROW
AVILA TREE & STUMP SERVICES LLC
2139 FINCHLEY DRCHARLOTTENC28215923660838$75,724$0SUPPORT TO HELP SMALL BUSINESS GROW
BIOSELECT INC
PO BOX 221216CHARLOTTENC282221216262793173$55,752$0SUPPORT TO HELP SMALL BUSINESS GROW
BLESSED HANDS CLEANING COMPANY LLC
2227 FINCHLEY DRCHARLOTTENC28215863728073$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
BOBBY'S PAINTING COMPANY INC
2915 ROZZELLES FERRY ROADCHARLOTTENC282083236562040068$80,000$0SUPPORT TO HELP SMALL BUSINESS GROW
BORN II GRIND TRUCKING LLC
4010 TENNESSEE AVECHARLOTTENC28216882601536$74,500$0SUPPORT TO HELP SMALL BUSINESS GROW
BRAZILIANS BLOW OUT & BEAUTY
104 ROY STGASTONIANC28052863794095$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
BYRAMS HOMECARE INC
5736 N TRYON STREET SUITE 201FCHARLOTTENC28213900670000$150,000$0SUPPORT TO HELP SMALL BUSINESS GROW
CENTER POINT HOME HEALTH SERVICES LLC
4801 E INDEPENDENCE BLVD SUITE 1000CHARLOTTENC28212843987413$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
CITY KITCHEN WEST END LLC
1015 EAST BLVDCHARLOTTENC28203844566729$79,000$0SUPPORT TO HELP SMALL BUSINESS GROW
CT18 GROUP
2848 QUEEN CITY DR STE GCHARLOTTENC28208873473196$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
CURRY GATE INC
630 24TH STREETCHARLOTTENC28206850682705$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
DAILY VIEW POOLS LLC
1517 HART RDCHARLOTTENC28214831563512$150,000$0SUPPORT TO HELP SMALL BUSINESS GROW
DERRICK BENNETT
C/O HEAD LINES BARBERSHOP INC 10405CHARLOTTENC28262463033523$20,000$0SUPPORT TO HELP SMALL BUSINESS GROWTAVERNEY PKWY
DEX ENTERPRISES LLC
1331 WEST SUGAR CREEK RDCHARLOTTENC272624939263959699$99,701$0SUPPORT TO HELP SMALL BUSINESS GROW
DIGITAL JUST INC DBA GO MOBILE
5600 ALBEMARLE RD STE 600CHARLOTTENC28212475676366$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
DK AFRICAN RESTAURANT LLC
5209 CRANE POINT DRCHARLOTTENC28227853967665$40,998$0SUPPORT TO HELP SMALL BUSINESS GROW
DOMUNIQUE STYLEZ LLC
6521 ELLIMAR FIELD LANECHARLOTTENC28215830808593$10,365$0SUPPORT TO HELP SMALL BUSINESS GROW
DULCE DREAMS CAFE LLC
4311 LOTHAR RIDGE LANECHARLOTTENC28216873134385$51,000$0SUPPORT TO HELP SMALL BUSINESS GROW
DUPP&SWAT
1824 STATESVILLE AVE STE 105CHARLOTTENC28206272631864$36,000$0SUPPORT TO HELP SMALL BUSINESS GROW
E & J TAX AND SERVICES LLC
3547 N SHARON AMITY RD SUITE 204CHARLOTTENC28205823247955$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
ENDERLY COFFEE COMPANY LLC
1224 ENDERLY RDCHARLOTTENC28208470968594$60,076$0SUPPORT TO HELP SMALL BUSINESS GROW
ERW PRINTING CORPORATION
C/O MICHEL WILSON 2601 N TRYON STCHARLOTTENC28206471355967$20,000$0SUPPORT TO HELP SMALL BUSINESS GROWSUITE B
FAMILY FINANCIAL SERVICES CORPORATION
3557 N SHARON AMITY RD STE 103CHARLOTTENC28205465676937$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
FOOTPRINTS LEARN N PLAY LLC
6336 OLD MEADOW RDCHARLOTTENC28227270968057$19,389$0SUPPORT TO HELP SMALL BUSINESS GROW
GILMORE MORTUARY SERVICES
401 WEST SUGAR CREEK RDCHARLOTTENC28213291930239$100,000$0SUPPORT TO HELP SMALL BUSINESS GROW
GOD'S GIFTED HANDS HAIR SALON INC
1921 WATERS TRAIL DRIVECHARLOTTENC28216202168465$63,000$0SUPPORT TO HELP SMALL BUSINESS GROW
GRYPHON GROUP ADVISORYCONSULTING LLC
PO BOX 31724CHARLOTTENC28231833654620$48,000$0SUPPORT TO HELP SMALL BUSINESS GROW
HARD GRINDERZ LLC
57 UNION ST SUITE 303CONCORDNC28025823903545$10,395$0SUPPORT TO HELP SMALL BUSINESS GROW
HERRON REALTY AND ASSOCIATES
4315 MORRIS FIELD DRCHARLOTTENC28208260319710$54,000$0SUPPORT TO HELP SMALL BUSINESS GROW
HOME REPAIRMAN LLC
6811 ROSE DRINDIAN TRAILNC28079371973182$63,449$0SUPPORT TO HELP SMALL BUSINESS GROW
IENATE LLC
5742 MCTAGGART LANECHARLOTTENC28269831559609$40,000$0SUPPORT TO HELP SMALL BUSINESS GROW
IUNIQUE TRANSPORT SERVICES & SOLUTIONS LLC
5501 EXECUTIVE CENTER DR STE 241CHARLOTTENC28212811306673$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
I-WAY TRANSPORTATION GROUP LLC
10183 REINDEER WAY LNCHARLOTTENC28216812553382$69,960$0SUPPORT TO HELP SMALL BUSINESS GROW
JT FOOD MART
1700 DONALD ROSS RD UNIT ACHARLOTTENC28208843517684$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
KAYGEE MART
2311 WEST BOULEVARDCHARLOTTENC28208852667530$15,000$0SUPPORT TO HELP SMALL BUSINESS GROW
KP MART
1342 SHAW AVEROCK HILLSC29730871963947$62,000$0SUPPORT TO HELP SMALL BUSINESS GROW
LA COSTENITA
4110 OAKTON RIDGE CTMATTHEWSNC28206272664962$69,668$0SUPPORT TO HELP SMALL BUSINESS GROW
LAFF HOUSE GAME TRUCK AND PARTY RENTALS
6609 RODE POINT LNCHARLOTTENC28216861365142$75,000$0SUPPORT TO HELP SMALL BUSINESS GROW
LES SANDWICHES AND CAFE LLC
13700 POPPLETON CTCHARLOTTENC28273933882672$55,000$0SUPPORT TO HELP SMALL BUSINESS GROW
LEVEL UP HAIR SALON LLC
4401 EAST INDEPENDENCE BLVD STE 101CHARLOTTENC28205852181183$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
LOVING TOUCH ADULT DAY HEALTH CARE CENTER INC
PO BOX 16322CHARLOTTENC28297562186798$92,757$0SUPPORT TO HELP SMALL BUSINESS GROW
LOYD VISUALS
809 WESTMERE AVE SUITE C-164CHARLOTTENC28208883416102$137,000$0SUPPORT TO HELP SMALL BUSINESS GROW
MAJOR CARES LEARNING CENTER LLC
3033 CRICKETEER DRCHARLOTTENC28216862494752$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
MANOLOS BAKERY INC
4405 CENTRAL AVENUE STE CCHARLOTTENC28205824574617$94,863$0SUPPORT TO HELP SMALL BUSINESS GROW
MC FAMILY MEDICAL PLLC
6700 ALBEMARLE RDCHARLOTTENC28212800339601$40,000$0SUPPORT TO HELP SMALL BUSINESS GROW
MCSASSY LLC
801 ATANDO AVENUE STE ACHARLOTTENC28206811331887$150,000$0SUPPORT TO HELP SMALL BUSINESS GROW
MILES TECHNOLOGY SOLUTIONS LLC
330 CAMP ROAD SUITE B-22CHARLOTTENC28206820593556$96,567$0SUPPORT TO HELP SMALL BUSINESS GROW
MOLLAY MINI MART LLC
3325 ROZZELLES FERRY ROADCHARLOTTENC28216465475946$38,540$0SUPPORT TO HELP SMALL BUSINESS GROW
MOOR CLOTHINGS & ALTERATIONS LLC
602 WEST SUGAR CREEK RD SUITE 2CHARLOTTENC28213845036040$108,500$0SUPPORT TO HELP SMALL BUSINESS GROW
MY LITTLE HELPER & CO LLC
C/O MELESSA LAWSON 14518 ARBORCHARLOTTENC282738882850928480$149,990$0SUPPORT TO HELP SMALL BUSINESS GROWRIDGE DR
NAVECO INTERIORS LLC
6632 SANTA CRUZ TRAILCHARLOTTENC28227851453108$19,969$0SUPPORT TO HELP SMALL BUSINESS GROW
NILE ETHIOPIAN RESTAURANT LLC
3113 N SHARON AMITY RDCHARLOTTENC28205820874199$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
NOLA 504
10017 ROCKY FORD CLUB ROADCHARLOTTENC28269992308380$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
NOLISPEUM INVESTMENT GROUP LLC
529 W SUGAR CREEK ROADCHARLOTTENC28213861206137$19,150$0SUPPORT TO HELP SMALL BUSINESS GROW
NORMA'S NAILS
2810 BUCKLEIGH DRCHARLOTTENC28215933220482$16,500$0SUPPORT TO HELP SMALL BUSINESS GROW
NSNN TRANSIT LLC
2020 LASALLE STCHARLOTTENC28262872082118$18,737$0SUPPORT TO HELP SMALL BUSINESS GROW
OPTIONAL SOLUTIONS LLC
C/O DR TAMMY FOSTER-KNIGHT 330 CAMPCHARLOTTENC28206262172206$81,000$0SUPPORT TO HELP SMALL BUSINESS GROWROAD STE B84
ORANGE MOON SPA LLC
C/O TIFFANY ASHEMORE 11628 SIDNEYCHARLOTTENC28213880762073$19,309$0SUPPORT TO HELP SMALL BUSINESS GROWCREST AVE
ORIENT EXPRESS INC
3200 N GRAHAM STCHARLOTTENC28206561728587$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
ORIGINAL CHICKEN & RIBS
2336 FREEDOM DRCHARLOTTENC28208464474733$150,000$0SUPPORT TO HELP SMALL BUSINESS GROW
PETTY THIEVES BREWING CO
721 VANDERBROOK RDCHARLOTTENC28215811002932$97,670$0SUPPORT TO HELP SMALL BUSINESS GROW
PITA BOY INC
2601 FREEDOM DRIVECHARLOTTENC28208010678781$11,500$0SUPPORT TO HELP SMALL BUSINESS GROW
POWELL ENTERPRISES OF CHARLOTTE INC
2206 BEATTIES FORD ROADCHARLOTTENC28216562102098$14,685$0SUPPORT TO HELP SMALL BUSINESS GROW
PRINTLAND CO
4316 SUNSET RD STE 400CHARLOTTENC28216883779875$55,000$0SUPPORT TO HELP SMALL BUSINESS GROW
QASIOUN LLC
4845-B E INDEPENDENCE EXPYCHARLOTTENC28212824324739$80,000$0SUPPORT TO HELP SMALL BUSINESS GROW
RAISING STRONG MINDS LLC
635 WILORA LANDING RDCHARLOTTENC28212471334670$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
REBRAND COLLECTIVE LLC
1327 BURTONWOOD CIRCHARLOTTENC28212921404107$150,000$0SUPPORT TO HELP SMALL BUSINESS GROW
RICHARDS SON CONCRETE PUMPING LLC
3615 ROGERS STREETCHARLOTTENC28208923666011$93,175$0SUPPORT TO HELP SMALL BUSINESS GROW
ROBIN HARRISON-MAYO DDS PLLC
5232 ALBEMARLE RD SUITE GCHARLOTTENC28212834232631$78,937$0SUPPORT TO HELP SMALL BUSINESS GROW
RODRIGUEZ SUPERMARKET INC
1409 EASTWAY DRCHARLOTTENC28205371947870$100,000$0SUPPORT TO HELP SMALL BUSINESS GROW
ROSE MINIMART
515 S HOSKINS ROADCHARLOTTENC28208611575519$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
ROUNDTREE COMPANIES LLC
PO BOX 480325CHARLOTTENC28269800512110$98,070$0SUPPORT TO HELP SMALL BUSINESS GROW
S&W COFFEE SHOP LLC
610 BRADFORD DR ACHARLOTTENC28208920301443$17,807$0SUPPORT TO HELP SMALL BUSINESS GROW
S ALEXANDER PHOTOGRAPHY LLC
2132 SUTTLE AVECHARLOTTENC28208815160454$18,000$0SUPPORT TO HELP SMALL BUSINESS GROW
SELF-TALK COUNSELING & CONSULTING PLLC
5333 BELLFLOWER LANECHARLOTTENC28227822063837$12,091$0SUPPORT TO HELP SMALL BUSINESS GROW
SERENGETI KITCHEN LLC
2200 THRIFT RDCHARLOTTENC28208994987799$34,800$0SUPPORT TO HELP SMALL BUSINESS GROW
SIMPLISTICPHOBIA LLC
11570 BRIDDLE HALL CTCHARLOTTENC28214853459965$18,500$0SUPPORT TO HELP SMALL BUSINESS GROW
SKYHAUS MEDIA
1213 W MORHEAD ST STE 500CHARLOTTENC28208853643858$90,000$0SUPPORT TO HELP SMALL BUSINESS GROW
SMART KIDS STREAM ACADEMY LLC
11251 RED SPRUCE DRCHARLOTTENC28215852415760$51,213$0SUPPORT TO HELP SMALL BUSINESS GROW
SOUNDVIZION LLC
9215 KENSINGTON FOREST DRIVEHARRISBURGNC28075204851396$79,580$0SUPPORT TO HELP SMALL BUSINESS GROW
TAMERAN BAXTER INC
6811 RAIN CREEK WAY STE ACHARLOTTENC28262824193673$19,977$0SUPPORT TO HELP SMALL BUSINESS GROW
TAX AND SERVICES PENAHERRERA
5315 FRIENDLY BAPTIST CHURCH RDINDIAN TRAILNC28079455199161$18,792$0SUPPORT TO HELP SMALL BUSINESS GROW
TAYLOR INTERIORS LLC
2818B QUEEN CITY DRIVECHARLOTTENC28208010901747$100,000$0SUPPORT TO HELP SMALL BUSINESS GROW
THE BATCHMAKER INC
9331 WHITEHORN DRCHARLOTTENC28277842818622$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
THE KIDDIE TAXI LLC
C/O KHADIJAH WHITE 4808 KIPLING DRCHARLOTTENC28212822462938$41,000$0SUPPORT TO HELP SMALL BUSINESS GROW
THOUGHTFUL ROOTS LLC
901 AUTUMNWOOD LANECHARLOTTENC28213854231771$33,426$0SUPPORT TO HELP SMALL BUSINESS GROW
TNT HAIRSOLUTIONS LLC
2629 TUCKASEEGEE RDCHARLOTTENC28208721617708$10,000$0SUPPORT TO HELP SMALL BUSINESS GROW
TOP SHELF INSTALLATIONS LLC
1921 SCOTT FUTRELL DRCHARLOTTENC28208371828771$150,000$0SUPPORT TO HELP SMALL BUSINESS GROW
UNCLE T'S FOOD GROUP LLC DBA QUEEN CITY CHEESESTEAKS
2706 SPRING BREEZE WAYMONROENC28110921982409$98,000$0SUPPORT TO HELP SMALL BUSINESS GROW
UNIDOS TIRE SERVICE INC
1329 CHESHIRE AVECHARLOTTENC28208843295681$19,000$0SUPPORT TO HELP SMALL BUSINESS GROW
VICTORIOUS HEALTH SERVICES LLC
2332 BEATTIES FORD RDCHARLOTTENC28216200516284$50,000$0SUPPORT TO HELP SMALL BUSINESS GROW
WHITE LABEL MANAGEMENT GROUP
6524 ELFREDA RDCHARLOTTENC28270874329191$20,000$0SUPPORT TO HELP SMALL BUSINESS GROW
YAYAS LEARN AT PLAY CHILDCARE INC
4921 GIBBONS LINK ROADCHARLOTTENC28269920720126$55,000$0SUPPORT TO HELP SMALL BUSINESS GROW
YOUNG EXPLORERS ENRICHMENT CENTER LLC
205 AUGUSTUS LANEMOUNT HOLLYNC28120824409273$20,522$0SUPPORT TO HELP SMALL BUSINESS GROW
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org104TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeWELLS FARGO BEYOND OPEN PROGRAMGrantTypeTxt
Recipient5RecipientCnt
Cash Grant$115,761CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationAPPLICANTS MUST APPLY WITH DETAILED INFORMATION ABOUT THE BUSINESS, BUSINESS OWNER, GOALS, AND GRANT REQUEST AMOUNT. APPLICANTS MUST INCLUDE DESCRIPTION OF HOW GRANT FUNDS WILL BE SPENT INCLUDING ITEMIZED LIST OF ASSETS AND A REASONABLE COST PER ITEM. OTHER REQUIRED DOCUMENTS INCLUDED IN THE GRANT REVIEW AND APPROVAL PROCESS ARE BUSINESS PLANS, FINANCIAL STATEMENTS, AND OTHER KEY BUSINESS TOOLS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CATHY BESSANT
CEO$0$600,000$0$0$0$2,970$0$166,000$0$3,387$0$772,357$0$0
DOUGLAS BENSON
SECRETARY$0$257,700$0$0$0$1,035$0$46,386$0$23,809$0$328,930$0$0
EVAN WOLKOFSKY
ASSISTANT SECRETARY$0$250,000$0$0$0$1,035$0$45,000$0$16,277$0$312,312$0$0
FEDERICO RIOS
ASSISTANT SECRETARY$0$227,800$0$0$0$1,035$0$41,004$0$21,829$0$291,668$0$0
ALYSSA FEDERICO
CFO$0$227,800$0$0$0$1,035$0$41,004$0$20,115$0$289,954$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE SOLE MEMBER IS THE FOUNDATION FOR THE CAROLINAS.
FORM 990, PART VI, SECTION A, LINE 7AFOUNDATION FOR THE CAROLINAS IS THE SOLE MEMBER AND MAY APPOINT THE GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 7BTHE SOLE MEMBER MUST CONSENT TO THE FOLLOWING DECISIONS: I. AMENDING, MODIFYING, OR REPEALING THE ARTICLS OF INCORPORATION OF THE CORPORATION. II. AMENDING, MODIFYING, OR REPEALING THE BYLAWS. III. THE DISSOLUTION OR MERGER OF THE CORPORATION, OR THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS.
FORM 990, PART VI, SECTION B, LINE 11BA 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 OF THE ORGANIZATION'S DONORS.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION ANNUALLY DISTRIBUTES (AT THE BOARD MEETING 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 19AVAILABLE UPON REQUEST

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
FOUNDATION FOR THE CAROLINAS
220 NORTH TRYON STREETCHARLOTTENC28202566047886GRANTMAKINGNC501(C)(3)LINE 7N/A0
COMMUNITY INVESTMENTS FOUNDATION
220 NORTH TRYON STREETCHARLOTTENC28202456930128GRANTMAKINGNC501(C)(3)LINE 12A, I0FOUNDATION FOR THE CAROLINAS
COMMUNITY REAL PROPERTY HOLDINGS
220 NORTH TRYON STREETCHARLOTTENC28202455258321GRANTMAKINGNC501(C)(3)LINE 12A, I0FOUNDATION FOR THE CAROLINAS
SEYMOUR FOUNDATION
220 NORTH TRYON STREETCHARLOTTENC28202813099131GRANTMAKINGNC501(C)(3)LINE 12A, I0FOUNDATION FOR THE CAROLINAS
E4E RELIEF LLC
220 NORTH TRYON STREETCHARLOTTENC28202873137387GRANTMAKINGNC501(C)(3)LINE 70FOUNDATION FOR THE CAROLINAS
GREATER CHARLOTTE FOUNDATION
220 NORTH TRYON STREETCHARLOTTENC28202561530358GRANTMAKINGNC501(C)(3)LINE 12B, II0FOUNDATION FOR THE CAROLINAS
THE JA TURNER FAMILY FOUNDATION
220 NORTH TRYON STREETCHARLOTTENC28202562162208GRANTMAKINGNC501(C)(3)LINE 12A, I0FOUNDATION FOR THE CAROLINAS
FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY
220 NORTH TRYON STREETCHARLOTTENC28202311501858GRANTMAKINGNC501(C)(3)LINE 12A, I0FOUNDATION FOR THE CAROLINAS
CROSLAND FOUNDATION
220 NORTH TRYON STREETCHARLOTTENC28202566557259GRANTMAKINGNC501(C)(3)LINE 12A, IN/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd