Form 990 for tax year 2023
Filed by FFTC PARTNERS FOR EMPOWERING COMMUNITIES.
Totals
- Total revenue
- $19,334,130
- Total expenses
- $12,149,321
- Contributions and grants received
- $19,334,130
- Grants paid
- $10,589,032
- Program services expenses (Part IX)
- $11,286,325
- Management and general expenses
- $801,989
- Fundraising expenses
- $61,007
- Program service expenses (Part III)
- $11,286,325
Program services were 92.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
JEWELL HOOVER
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
TONYA S BLACKMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
LUCIA ZAPATA GRIFFITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DOUGLAS BENSON
SECRETARY
- Total calculated
- $422,326
- From this org
- $0
- From related orgs
- $375,935
- Other
- $46,391
- Hours/week
- 0.5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $247,558 related
- Bonus
- $0 + $127,150 related
- Other
- $0 + $1,227 related
- Deferred
- $0 + $34,680 related
- Nontaxable benefits
- $0 + $11,711 related
- Filer's total
- $0 + $422,326 related
-
ALYSSA FEDERICO
TREASURER
- Total calculated
- $384,568
- From this org
- $0
- From related orgs
- $337,555
- Other
- $47,013
- Hours/week
- 0.5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $219,520 related
- Bonus
- $0 + $117,000 related
- Other
- $0 + $1,035 related
- Deferred
- $0 + $43,500 related
- Nontaxable benefits
- $0 + $3,513 related
- Filer's total
- $0 + $384,568 related
-
FEDERICO RIOS
ASSISTANT SECRETARY
- Total calculated
- $176,007
- From this org
- $0
- From related orgs
- $160,237
- Other
- $15,770
- Hours/week
- 0.5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $144,977 related
- Bonus
- $0 + $15,000 related
- Other
- $0 + $260 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $15,770 related
- Filer's total
- $0 + $176,007 related
-
LAURA SMITH
PRESIDENT
- Total calculated
- $848,042
- From this org
- $0
- From related orgs
- $771,548
- Other
- $76,494
- Hours/week
- 0.5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $566,004 related
- Bonus
- $0 + $200,000 related
- Other
- $0 + $5,544 related
- Deferred
- $0 + $59,400 related
- Nontaxable benefits
- $0 + $17,094 related
- Filer's total
- $0 + $848,042 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- FOUNDATION FOR THE CAROLINAS MAINTAINS A 457(B) PLAN FOR TOP EXECUTIVES. THE CONTRIBUTIONS TO THE PLAN DURING 2023 FOR PERSONS LISTED IN PART VII WERE AS FOLLOWS. ALYSSA FEDERICO: $17,160
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$276,057
SUPPORT TO HELP SMALL BUSINESS GROW
-
$225,000
SUPPORT TO HELP SMALL BUSINESS GROW
-
$200,000
SUPPORT TO HELP SMALL BUSINESS GROW
-
$200,000
SUPPORT TO HELP SMALL BUSINESS GROW
-
SUPPORT TO HELP SMALL BUSINESS GROW
-
PARAGON CONSTRUCTION SERVICES LLC
$150,000
SUPPORT TO HELP SMALL BUSINESS GROW
-
$150,000
SUPPORT TO HELP SMALL BUSINESS GROW
-
$150,000
SUPPORT TO HELP SMALL BUSINESS GROW
-
$140,307
SUPPORT TO HELP SMALL BUSINESS GROW
-
$139,753
SUPPORT TO HELP SMALL BUSINESS GROW
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · GRANTMAKING · NC
-
COMMUNITY INVESTMENTS FOUNDATION
501(C)(3) · GRANTMAKING · NC
Directly controlled by FOUNDATION FOR THE CAROLINAS
-
COMMUNITY REAL PROPERTY HOLDINGS
501(C)(3) · GRANTMAKING · NC
Directly controlled by FOUNDATION FOR THE CAROLINAS
-
501(C)(3) · GRANTMAKING · NC
Directly controlled by FOUNDATION FOR THE CAROLINAS
-
501(C)(3) · GRANTMAKING · NC
Directly controlled by FOUNDATION FOR THE CAROLINAS
-
501(C)(3) · GRANTMAKING · NC
Directly controlled by FOUNDATION FOR THE CAROLINAS
-
THE JA TURNER FAMILY FOUNDATION
501(C)(3) · GRANTMAKING · NC
Directly controlled by FOUNDATION FOR THE CAROLINAS
-
FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY
501(C)(3) · GRANTMAKING · NC
Directly controlled by FOUNDATION FOR THE CAROLINAS
-
501(C)(3) · GRANTMAKING · NC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433199349313883
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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