Skip to content
Nonprofiteer
← All organizations

FOUNDATION FOR THE CAROLINAS

EIN 56-6047886 CHARLOTTE, NC

Revenue 2024
$761,389,623
Expenses 2024
$849,185,395

Program services were 98.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
T310
Classification
1000
Street
220 N TRYON ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • ARRINGTON MIXON

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • MARIAN STEELE CLARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KIETH COCKRELL

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    0.5

  • MALCOMB COLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • SHARYN ELLISON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • BETSY FLEMING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • LYNN GOOD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • TODD GORELICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JADA GRANDY-MOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KELLY KATTERHAGEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • SUSAN KLUTTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • RALPH LOPEZ-MASSAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • TROPZIE MCCLUNEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • GENE MCLAURIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • TOM NELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • EDWARD SERNA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • FRED WHITFIELD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • BILL MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ASHA RODRIGUEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • CATHY BESSANT

    CEO

    Total calculated
    $737,104
    From this org
    $571,104
    From related orgs
    $0
    Other
    $166,000
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $568,363
    Bonus
    $0
    Other
    $2,741
    Deferred
    $166,000
    Nontaxable benefits
    $0
    Filer's total
    $737,104

  • DOUGLAS W BENSON

    CHIEF ADMINISTRATIVE AND CHIEF RISK OFFICER (SECRE

    Total calculated
    $305,316
    From this org
    $258,355
    From related orgs
    $0
    Other
    $46,961
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $257,320
    Bonus
    $0
    Other
    $1,035
    Deferred
    $41,400
    Nontaxable benefits
    $5,561
    Filer's total
    $305,316

  • ALYSSA FEDERICO

    CHIEF FINANCIAL OFFICER (TREASURER)

    Total calculated
    $274,535
    From this org
    $228,615
    From related orgs
    $0
    Other
    $45,920
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $227,580
    Bonus
    $0
    Other
    $1,035
    Deferred
    $41,004
    Nontaxable benefits
    $4,916
    Filer's total
    $274,535

  • EVAN N WOLKOFSKY

    GENERAL COUNSEL (ASST SECRETARY)

    Total calculated
    $270,575
    From this org
    $213,325
    From related orgs
    $0
    Other
    $57,250
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $212,290
    Bonus
    $0
    Other
    $1,035
    Deferred
    $39,380
    Nontaxable benefits
    $17,870
    Filer's total
    $270,575

  • LAURA YATES CLARK

    PRESIDENT

    Total calculated
    $234,479
    From this org
    $234,479
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $234,220
    Bonus
    $0
    Other
    $259
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $234,479

  • TARA KEENER

    CHIEF MARKETING OFFICER (ASST SECRETARY)

    Total calculated
    $205,179
    From this org
    $171,869
    From related orgs
    $0
    Other
    $33,310
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $171,194
    Bonus
    $0
    Other
    $675
    Deferred
    $20,943
    Nontaxable benefits
    $12,367
    Filer's total
    $205,179

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $761,389,623
    Expenses
    $849,185,395
    Contributions
    $656,082,748
    Grants paid
    $804,486,974
  • 2023
    Revenue
    $538,046,453
    Expenses
    $582,472,149
    Contributions
    $449,946,789
    Grants paid
    $540,885,831
  • 2022
    Revenue
    $953,517,849
    Expenses
    $414,316,706
    Contributions
    $886,725,491
    Grants paid
    $372,585,670

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.