2026-05-13T09:24:51-05:00 2025-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2024-07-01 200258541 CMS FOUNDATION CMSF 7049734500 4421 STUART ANDREW BOULEVARD CHARLOTTE NC 28217 SONJA GANTT GIBSON EXECUTIVE DIRECTOR 7049734500 2026-05-11 1 1 MELANIE MCPEAK P01346034 7043771678 2024 2025-03-06 01:10:19Z SONJA GANTT GIBSON 4421 STUART ANDREW BOULEVARD CHARLOTTE NC 28217 3455333 0 X WWW.CMS-FOUNDATION.ORG X 2003 NC THE CMS FOUNDATION INVESTS IN INNOVATION TO HELP CHARLOTTE-MECKLENBURG SCHOOLS (CMS) ADDRESS BIG CHALLENGES AND EXPAND OPPORTUNITIES FOR OUR STUDENTS AND EDUCATORS. 13 11 0 13 0 0 2379399 3130512 0 0 0 0 207941 247879 2587340 3378391 1218740 1637562 0 0 171202 175575 0 0 20845 316449 357553 1706391 2170690 880949 1207701 3353867 4743581 10000 2500 3343867 4741081 X THE CMS FOUNDATION INVESTS IN INNOVATION TO HELP CHARLOTTE-MECKLENBURG SCHOOLS (CMS) ADDRESS BIG CHALLENGES AND EXPAND OPPORTUNITIES FOR OUR STUDENTS AND EDUCATORS. AS THE NONPROFIT FUNDRAISING PARTNER FOR CHARLOTTE MECKLENBURG SCHOOLS, WE HARNESS THE POWER OF PHILANTHROPY TO SEED INNOVATIVE IDEAS AND ACCELERATE SYSTEM-WIDE TRANSFORMATION. 0 0 1875817 1637562 DISTRIBUTED GRANTS TO AND ON BEHALF OF CHARLOTTE MECKLENBURG SCHOOLS IN SUPPORT OF TEACHERS AND EDUCATIONAL PROGRAMS. 1875817 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NC X X ASHELYN JAMES 9803430399 4421 STUART ANDREW BLVD SUITE 100 CHARLOTTE NC 28217 DAVID WEBB CHAIR 1.00 0.00 X X 0 0 0 DOUGLAS W BENSON DIRECTOR 1.00 50.00 X 0 258355 46961 GERARD M CAMACHO DIRECTOR 1.00 0.00 X 0 0 0 CARRIE COOK DIRECTOR 1.00 0.00 X 0 0 0 CHARLITTA HATCH DIRECTOR 1.00 0.00 X 0 0 0 DR CRYSTAL HILL SUPERINTENDENT 1.00 50.00 X 0 347747 100696 LINDSAY H JONES DIRECTOR 1.00 0.00 X 0 0 0 SHEILA JORDAN DIRECTOR (THRU 11/12/2024) 1.00 0.00 X 0 0 0 THOMAS M SCRIVENER DIRECTOR 1.00 0.00 X 0 0 0 GREG SKIDMORE DIRECTOR 1.00 0.00 X 0 0 0 GREG ALCORN DIRECTOR (THRU 02/05/2025) 1.00 50.00 X 0 0 0 DEIDRA PARRISH WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 NIKKI MOORE DIRECTOR 1.00 0.00 X 0 0 0 JUSTIN PERRY DIRECTOR 1.00 0.00 X 0 0 0 LAURA TURNER DIRECTOR 1.00 0.00 X 0 0 0 SONJA GANTT GIBSON EXECUTIVE DIRECTOR 50.00 1.00 X 0 131095 42403 0 737197 190060 0 0 1 0 0 21865 3108647 3130512 120113 21865 76942 43171 43171 ADMINISTRATIVE FEES 900099 204708 204708 204708 3378391 0 0 247879 1637562 1637562 175575 78464 90246 6865 42831 19141 22015 1675 216566 96783 111315 8468 5936 2653 3051 232 1419 635 729 55 5498 2457 2826 215 990 442 509 39 352 157 181 14 SHARED EMPLOYEE EXPENSE 65325 29194 33577 2554 PROJECT EXPENSE 17250 7709 8867 674 BOARD EXPENSES 722 323 371 28 DUES 664 297 341 26 2170690 1875817 274028 20845 312106 355996 2224 2198 20750 3000 3018787 4382387 3353867 4743581 10000 2500 10000 2500 X 402522 513830 2941345 4227251 3343867 4741081 3353867 4743581 1207701 189513 0 X 0 0 0 X X X 2 FOUNDATION FOR THE CAROLINAS 566047886 7 1 0 0 CHARLOTTE MECKLENBURG SCHOOLS 566001074 6 1 1637562 0 2 1637562 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 212502 82806 36409 8762 1923 321032 199405 6915 21908 14109 1617 212502 204852 6791 16504 27156 1586 199405 237167 4145 -30845 3740 1875 204852 193265 2761 44732 1861 1730 237167 0.00000 1.00000 0.00000 0 0 0 LOW DURATION FIXED INCOME FUND 227101 F ACTIVE LONG TERM GROWTH FUND 196971 F LIQUID RESERVES POOL FUND 3958315 F 4382387 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS WERE CREATED TO ESTABLISH A PERMANENT LEGACY FUND TO SUPPORT MUSIC EDUCATION. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. SCHOOLANTHROPY 141978 21865 120113 10657 38585 11141 16559 141978 21865 120113 10657 38585 11141 16559 76942 43171 1 CHARLOTTE MECKLENBURG SCHOOLS 600 E 4TH STREET 5TH FLOOR CHARLOTTE NC 28202 566001074 170(C)(1) 1637562 0 EDUCATION 1 0 PART I, LINE 2: THE FOUNDATION ONLY MAKES GRANTS TO ITS SUPPORTED ORGANIZATION, CHARLOTTE MECKLENBURG SCHOOLS. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF FUNDS. 0 0 0 0 0 0 0 0 0 DR CRYSTAL HILL SUPERINTENDENT 0 347747 0 0 0 0 0 78434 0 22262 0 448443 0 0 DOUGLAS W BENSON DIRECTOR 0 257320 0 0 0 1035 0 41400 0 5561 0 305316 0 0 SONJA GANTT GIBSON EXECUTIVE DIRECTOR 0 131095 0 0 0 0 0 32572 0 9831 0 173498 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE RIGHT TO APPOINT A MAJORITY OF THE DIRECTORS VESTS EXCLUSIVELY IN CHARLOTTE MECKLENBURG SCHOOLS AND THE RIGHT TO APPOINT THE REMAINING DIRECTORS VESTS EXCLUSIVELY IN FOUNDATION FOR THE CAROLINAS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FINAL FORM 990 WAS DISTRIBUTED TO EACH VOTING MEMBER OF THE BOARD PRIOR TO FILING. THE RETURN IS AVAILABLE FOR DISCUSSION AT THE NEXT BOARD MEETING AFTER THE FILING DATE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALLY COMPLETE A CONFLICT OF INTEREST FORM, IN COMPLIANCE WITH THE CMS FOUNDATION'S ETHICS POLICY. THE CMS FOUNDATION STAFF COLLECTS AND MAINTAINS THE FORMS ANNUALLY AND MONITORS THE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE CMS FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FOUNDATION FOR THE CAROLINAS 220 NORTH TRYON CHARLOTTE NC 28202 566047886 GRANTMAKING NC 501(C)(3) LINE 7 0 CHARLOTTE MECKLENBURG SCHOOLS 600 E 4TH STREET 5TH FLOOR CHARLOTTE NC 28202 566001074 EDUCATION NC 170(C)(1) 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 CHARLOTTE MECKLENBURG SCHOOLS B 1637562 FMV FOUNDATION FOR THE CAROLINAS O 240900 FMV