Charlotte Hornets Foundation Inc

CHARLOTTE, NC EIN: 20-0946449 Website

THROUGH THE INVESTMENT OF TIME, TALENTS, AND TREASURE, THE CHARLOTTE HORNETS FOUNDATION WILL SUPPORT, PROMOTE, AND ENHANCE IMPORTANT COMMUNITY EFFORTS THAT ENRICH THE QUALITY OF LIFE FOR THOSE IN NEED, ESPECIALLY CHILDREN AND YOUTH (CONTINUED IN SCH O)IN THE CHARLOTTE AREA. THE FOUNDATION WILL SUPPORT ELIGIBLE 501(C)(3) ORGANIZATIONS THAT DELIVER PROGRAMS THAT IMPACT LITERACY AND EDUCATION, THE MILITARY, FITNESS AND WELLNESS, AND HUNGER, AND RUN PROGRAMS THAT HAVE THE SAME AIM.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.6M

-16.6% YoY

Annual Giving

$1.1M

+412.0% YoY

Grant Count

15

+36.4% YoY

Avg Grant Size

$76K

+275.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$370K$740K$1M$1M20202021202220232024
Metric202420232022
Total Assets$1,592,532$1,909,998$931,076
Revenue$655,249$1,346,185$410,729
Expenses$1,266,658$399,294$276,833
Qualifying Distributions
Net Investment Income$75,561$37,596
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$285K$570K$855K$1M11 grants20208 grants20219 grants202211 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHARLOTTE MECKLENBURG SC…$500KCHILDREN OF FALLEN PATRI…$100KLOCAL INITIATIVES SUPPOR…$100KTHE JOHN CROSLAND SCHOOL$100KCARE RING$100KISRAEL RELIEF FRIENDS OF…$100KFOUNDATION FOR THE CAROL…$50KBOYS AND GIRLS CLUB OF C…$15KMUGGSY BOGUES FOUNDATION$15KMAKE A WISH FOUNDATION$10K

Grant Size Distribution

54 grants across all recorded years

44<$50K3$50–100K6$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Charlotte Hornets Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL JORDANDIRECTOR, CHAIRMAN (THRU 10/23)1
FRED WHITFIELDDIR., VICE CHAIRMAN (THRU 10/23)1
RICK SCHNALLDIR., CO-CHAIRPERSON (AS OF 10/23)1
GABE PLOTKINDIR., CO-CHAIRPERSON (AS OF 10/23)1
JAMES JORDANDIRECTOR, PRESIDENT1
JAMES H DUNLEVYDIRECTOR, TREASURER2
AMY DAWSONDIRECTOR (AS OF 10/23)1
DAMIAN MILLSDIRECTOR (AS OF 10/23)1
MC BELK PILONDIRECTOR1
BETSY MACKEXECUTIVE DIRECTOR40
SHANNON GILLIGANSECRETARY (AS OF 10/23)1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

4states

Cities

CharlotteConcordCorneliusGreensboroHuntersvilleMatthewsNew YorkRestonStatesvilleWashingtonWashington DcWoodbridge

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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