Foundation for the Carolinas
INSPIRING PHILANTHROPY AND STRENGTHENING OUR REGION THROUGH INNOVATIVE COMMUNITY INITIATIVES AND QUALITY SERVICES TO DONORS AND CONSTITUENTS.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$3.9B
+12.6% YoY
Annual Giving
$609.1M
+15.9% YoY
Grant Count
1,605
+14.7% YoY
Avg Grant Size
$379K
+1.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,934,238,899 | $3,492,760,144 | $3,064,138,829 |
| Revenue | $761,389,623 | $538,046,453 | $953,517,849 |
| Expenses | $849,185,395 | $582,472,149 | $414,316,706 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $87,323,425 | $70,915,744 | $50,596,670 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
7,190 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Foundation for the Carolinas fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARRINGTON MIXON | CHAIR | 0.5 | — |
| MARIAN STEELE CLARK | DIRECTOR | 0.5 | — |
| KIETH COCKRELL | CHAIR ELECT | 0.5 | — |
| MALCOMB COLEY | DIRECTOR | 0.5 | — |
| SHARYN ELLISON | DIRECTOR | 0.5 | — |
| BETSY FLEMING | DIRECTOR | 0.5 | — |
| LYNN GOOD | DIRECTOR | 0.5 | — |
| TODD GORELICK | DIRECTOR | 0.5 | — |
| JADA GRANDY-MOCK | DIRECTOR | 0.5 | — |
| KELLY KATTERHAGEN | DIRECTOR | 0.5 | — |
| SUSAN KLUTTZ | DIRECTOR | 0.5 | — |
| RALPH LOPEZ-MASSAS | DIRECTOR | 0.5 | — |
| TROPZIE MCCLUNEY | DIRECTOR | 0.5 | — |
| GENE MCLAURIN | DIRECTOR | 0.5 | — |
| TOM NELSON | DIRECTOR | 0.5 | — |
| EDWARD SERNA | DIRECTOR | 0.5 | — |
| FRED WHITFIELD | DIRECTOR | 0.5 | — |
| BILL MARTIN | DIRECTOR | 0.5 | — |
| ASHA RODRIGUEZ | DIRECTOR | 0.5 | — |
| CATHY BESSANT | CEO | 50 | $571,104 |
| DOUGLAS W BENSON | CHIEF ADMINISTRATIVE AND CHIEF RISK OFFICER (SECRE | 50 | $258,355 |
| ALYSSA FEDERICO | CHIEF FINANCIAL OFFICER (TREASURER) | 50 | $228,615 |
| EVAN N WOLKOFSKY | GENERAL COUNSEL (ASST SECRETARY) | 50 | $213,325 |
| LAURA YATES CLARK | PRESIDENT | 50 | $234,479 |
| TARA KEENER | CHIEF MARKETING OFFICER (ASST SECRETARY) | 50 | $171,869 |
| BLAIR STANFORD | CELC EXECUTIVE DIRECTOR | 50 | $267,230 |
| ELIZABETH KISER | CHIEF PHILANTHROPY OFFICER | 50 | $202,221 |
| SEAN SEIFERT | CAROLINA THEATRE EXECUTIVE | 50 | $150,154 |
| NIKHIL SAWANT | CIO (THRU 3/1/24) | 50 | $245,614 |
| MUNRO C RICHARDSON | READ CHARLOTTE EXECUTIVE DIRECTOR | 50 | $199,175 |
| FEDERICO G RIOS | SVP, CIVIC LEADERSHIP | 50 | $216,270 |
| SHERRI S CHISHOLM | LOO EXECUTIVE DIRECTOR | 50 | $195,493 |
| ROBIN BAREFOOT | ASSOCIATE COUNSEL | 50 | $139,084 |
| LAURA SMITH | FORMER COO | 50 | $436,231 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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