Civic Intelligence

Foundation for the Carolinas

990T • Fiscal year 2024 • EIN 56-6047886

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 15, 2025

Organization ProfileWWW.FFTC.ORG

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220 North Tryon StCharlotte, NC 28202

(704) 973-4500

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0B$3.0B$2.0B$1.0B$0Assets 2010: $619,418,694Liabilities 2010: $19,464,463Net Assets 2010: $599,954,2312010Assets 2011: $608,372,246Liabilities 2011: $21,647,820Net Assets 2011: $586,724,4262011Assets 2012: $705,548,828Liabilities 2012: $29,069,943Net Assets 2012: $676,478,8852012Assets 2013: $908,090,732Liabilities 2013: $32,302,282Net Assets 2013: $875,788,4502013Assets 2014: $1,290,153,538Liabilities 2014: $72,379,613Net Assets 2014: $1,217,773,9252014Assets 2015: $1,289,000,447Liabilities 2015: $39,696,534Net Assets 2015: $1,249,303,9132015Assets 2016: $1,516,178,328Liabilities 2016: $74,367,138Net Assets 2016: $1,441,811,1902016Assets 2017: $1,905,766,210Liabilities 2017: $76,901,873Net Assets 2017: $1,828,864,3372017Assets 2018: $1,828,291,645Liabilities 2018: $62,236,452Net Assets 2018: $1,766,055,1932018Assets 2019: $2,093,030,625Liabilities 2019: $58,920,532Net Assets 2019: $2,034,110,0932019Assets 2020: $2,397,054,281Liabilities 2020: $69,818,102Net Assets 2020: $2,327,236,1792020Assets 2021: $2,909,768,326Liabilities 2021: $84,974,768Net Assets 2021: $2,824,793,5582021Assets 2022: $3,064,138,829Liabilities 2022: $74,905,838Net Assets 2022: $2,989,232,9912022Assets 2023: $3,492,760,144Liabilities 2023: $92,554,812Net Assets 2023: $3,400,205,3322023Assets 2024: $3,934,238,899Liabilities 2024: $86,656,693Net Assets 2024: $3,847,582,2062024

Latest loaded filing

2024

Assets$3,934,238,899
Liabilities$86,656,693
Net Assets$3,847,582,206
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0B$500M$0-$500MRevenue 2010: $196,030,092Expenses 2010: $138,113,578Net Income 2010: $57,916,5142010Revenue 2011: $148,316,177Expenses 2011: $144,935,548Net Income 2011: $3,380,6292011Revenue 2012: $215,832,204Expenses 2012: $175,159,255Net Income 2012: $40,672,9492012Revenue 2013: $317,091,144Expenses 2013: $195,600,475Net Income 2013: $121,490,6692013Revenue 2014: $684,331,159Expenses 2014: $354,254,644Net Income 2014: $330,076,5152014Revenue 2015: $382,454,798Expenses 2015: $297,876,975Net Income 2015: $84,577,8232015Revenue 2016: $445,365,812Expenses 2016: $326,772,081Net Income 2016: $118,593,7312016Revenue 2017: $662,474,205Expenses 2017: $435,449,740Net Income 2017: $227,024,4652017Revenue 2018: $449,681,155Expenses 2018: $325,310,194Net Income 2018: $124,370,9612018Revenue 2019: $289,696,942Expenses 2019: $351,759,763Net Income 2019: -$62,062,8212019Revenue 2020: $548,689,880Expenses 2020: $489,891,267Net Income 2020: $58,798,6132020Revenue 2021: $770,296,528Expenses 2021: $584,919,704Net Income 2021: $185,376,8242021Revenue 2022: $953,517,849Expenses 2022: $414,316,706Net Income 2022: $539,201,1432022Revenue 2023: $538,046,453Expenses 2023: $582,472,149Net Income 2023: -$44,425,6962023Revenue 2024: $761,389,623Expenses 2024: $849,185,395Net Income 2024: -$87,795,7722024

Latest loaded filing

2024

Revenue$761,389,623
Expenses$849,185,395
Net Income-$87,795,772
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Mission and Program Overview

Mission

Inspiring philanthropy and strengthening our region through innovative community initiatives and quality services to donors and constituents.

Filing and Contact Details

Filer

Filer Name
Foundation for the Carolinas
EIN
56-6047886
Phone
7049734500
Address
220 NORTH TRYON ST, CHARLOTTE, NC 28202

Signing Officer

Name
Alyssa Federico
Title
CFO
Phone
7049734500
Signed
2025-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
1111 METROPOLITAN AVE STE 900, CHARLOTTE, NC 28204
Preparer
Melanie Mcpeak
Phone
7043771678
Raw XML Appendix143 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS1120ScheduleD/CapitalGainNetIncomeAmt0149182
IRS1120ScheduleD/DisposeInvestmentQOFInd00
IRS1120ScheduleD/ExcNetSTGainOverNetLTLossAmt03986
IRS1120ScheduleD/Form4797GainOrLossAmt083932
IRS1120ScheduleD/NetCapitalGainAmt0145196
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt0145196
IRS1120ScheduleD/NetSTCapitalGainOrLossAmt03986
IRS1120ScheduleD/TotalLTCGL1099BNotReceivedGrp/TotalGainOrLossAmt061264
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt03986
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt06704
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt114505
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt239618
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt31557
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt4-1120
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0IRON POINT REAL ESTATE PARTNERS II-TE, L
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1PIEDMONT PARTNERS FUND LLC
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc2RESOURCE LAND FUND V
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc3VARDE INVESTMENT PARTNERS, LP
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc4GEM ENDOWMENT FUND, LP
IRS8949/LongTermCapitalGainAndLossGrp/TotalGainOrLossAmt061264
IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0-56
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt115412
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt2-3611
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt3-7759
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0IRON POINT REAL ESTATE PARTNERS II-TE, L
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1PIEDMONT PARTNERS FUND LLC
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc2RESOURCE LAND FUND V
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc3VARDE INVESTMENT PARTNERS, LP
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt03986
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/BalanceDueAmt051356
IRS990T/BooksInCareOfDetail/PersonNm0ALYSSA FEDERICO
IRS990T/BooksInCareOfDetail/PhoneNum07049734500
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0220 NORTH TRYON STREET
IRS990T/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd028202
IRS990T/BookValueAssetsEOYAmt03934238898
IRS990T/CharitableContributionsDedAmt025722
IRS990T/ESPenaltyAmt02741
IRS990T/ForeignAccountsQuestionInd01
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form2220AttachedInd0X
IRS990T/Form990TScheduleAAttachedCnt02
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OtherTaxesAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990TScheduleA/CapitalGainNetIncomeAmt0149182
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/NetOperatingLossDeductionAmt10
IRS990TScheduleA/OtherDeductionsAmt029683
IRS990TScheduleA/OtherIncomeAmt09
IRS990TScheduleA/PrincipalBusinessActivityCd0901102
IRS990TScheduleA/PrincipalBusinessActivityCd1901101
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceReferenceNum12
IRS990TScheduleA/SequenceTotalNum02
IRS990TScheduleA/SequenceTotalNum12
IRS990TScheduleA/TaxesAndLicensesAmt030556
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalAllocableDeductionsAmt10
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt10
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt10
IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionsAmt160239
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt10
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt10
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt10
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt10
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt10
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt10
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-59330
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt1169272
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentDeductionsAmt10
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalRentIncomeAmt10
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt10
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt10
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-59330
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt1318463
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-59330
IRS990TScheduleA/TotUnrltTrdBusIncmAmt1318463
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt10
IRS990TScheduleA/TradeOrBusinessDesc0CHARLOTTE HOUSING OPPORTUNITY INVESTMENT FUND 2 LLC
IRS990TScheduleA/TradeOrBusinessDesc1INVESTMENT IN PARTNERSHIPS
IRS990TScheduleA/UBIBeforeNOLDedAmt0-59330
IRS990TScheduleA/UBIBeforeNOLDedAmt1258224
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-59330
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt1258224
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt048615
IRS990T/TaxLessCreditsAmt048615
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt048615
IRS990T/TotalTaxComputationAmt048615
IRS990T/TotalUBTIAmt0231502
IRS990T/TotalUBTIBeforeNOLSpecificAmt0232502
IRS990T/TotalUBTIBeforeSection199AAmt0232502
IRS990T/TotalUBTIComputedAmt0258224
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ALYSSA FEDERICO
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ReturnHeader/BusinessOfficerGrp/PhoneNum07049734500
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR THE CAROLINAS
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0566047886
ReturnHeader/Filer/PhoneNum07049734500
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 NORTH TRYON ST
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028202
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882730877
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERRY BEKAERT ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01111 METROPOLITAN AVE STE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028204
ReturnHeader/PreparerPersonGrp/PhoneNum07043771678
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELANIE MCPEAK
ReturnHeader/ReturnTs02025-11-17T10:36:57-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3,934$86.7$3,848$761$849$87.8
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3,493$92.6$3,400$538$582$44.4
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,064$74.9$2,989$954$414$539
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,910$85.0$2,825$770$585$185
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,397$69.8$2,327$549$490$58.8
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,093$58.9$2,034$290$352$62.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,828$62.2$1,766$450$325$124
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,906$76.9$1,829$662$435$227
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,516$74.4$1,442$445$327$119
2015Detailed filing. Detailed filing data is available for this year.$1,289$39.7$1,249$382$298$84.6
2014Summary only. Only limited summary data is available for this year.$1,290$72.4$1,218$684$354$330
2013Summary only. Only limited summary data is available for this year.$908$32.3$876$317$196$121
2012Summary only. Only limited summary data is available for this year.$706$29.1$676$216$175$40.7
2011Summary only. Only limited summary data is available for this year.$608$21.6$587$148$145$3.38
2010Summary only. Only limited summary data is available for this year.$619$19.5$600$196$138$57.9