NonprofitsCharlotte Hornets Foundation Inc

Philanthropy, Voluntarism & Grantmaking Foundations

Charlotte Hornets Foundation Inc

CHARLOTTE, NC

Total revenue

$655K

Total expenses

$1.3M

Net assets

$982K

Grants received

$1.1M

29 grants

EIN

200946449

Tax year

2023

Mission

The foundation supports the enrichment of those in need, especially (continued in sch o) children, in the charlotte area through community outreach and supporting other orgs with similar goals.

Financials

FY 2023

Revenue

Contributions & grants$857K
Program service revenue
Investment income$76K
Other revenue
Total revenue$655K

Expenses

Grants paid$1.3M
Salaries & benefits
Fundraising$3K
Other expenses$10K
Total expenses$1.3M
Total assets$1.6M
Net assets$982K

People

11 listed

NameRoleCompensation

MICHAEL JORDAN

DIRECTOR, CHAIRMAN (THRU 10/23)

Board

1 hrs/wk

FRED WHITFIELD

DIR., VICE CHAIRMAN (THRU 10/23)

Board

1 hrs/wk

RICK SCHNALL

DIR., CO-CHAIRPERSON (AS OF 10/23)

Board

1 hrs/wk

GABE PLOTKIN

DIR., CO-CHAIRPERSON (AS OF 10/23)

Board

1 hrs/wk

JAMES JORDAN

DIRECTOR, PRESIDENT

Board

1 hrs/wk

JAMES H DUNLEVY

DIRECTOR, TREASURER

Board

2 hrs/wk

AMY DAWSON

DIRECTOR (AS OF 10/23)

Board

1 hrs/wk

DAMIAN MILLS

DIRECTOR (AS OF 10/23)

Board

1 hrs/wk

MC BELK PILON

DIRECTOR

Board

1 hrs/wk

BETSY MACK

EXECUTIVE DIRECTOR

Board

40 hrs/wk

SHANNON GILLIGAN

SECRETARY (AS OF 10/23)

Board

1 hrs/wk

Grants received

Showing 29 of 29

FromAmountPurposeYear
$130K
CHARITABLE GIFT
2024
$100K
THE FOUNDATION SUPPORTS THE ENRICHMENT OF THOSE IN NEED, ESPECIALLY (CONTINUED IN SCH 0) CHILDREN, IN THE CHARLOTTE AREA THROUGH COMMUNITY OUTREACH AND SUPPORTING OTHER ORGS WITH SIMILAR GOALS.
2024
$25K
GENERAL SUPPORT
2024
$10K
Program Support
2024
$5K
COMMUNITY SUPPORT
2024
$280K
For grant recipient's exempt purposes
2023
$100K
THE FOUNDATION SUPPORTS THE ENRICHMENT OF THOSE IN NEED, ESPECIALLY (CONTINUED IN SCH 0) CHILDREN, IN THE CHARLOTTE AREA THROUGH COMMUNITY OUTREACH AND SUPPORTING OTHER ORGS WITH SIMILAR GOALS.
2023
$100K
CHARITABLE DONATION
2023
$100K
INTERNATIONAL
2023
$50K
CHARITABLE GIFT
2023
$25K
COMMUNITY SUPPORT
2023
$20K
TO MEET THE TAX EXEMPT PURPOSES OF THE ORGANIZATION
2023
$15K
General support
2023
$10K
GENERAL SUPPORT
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2023
$8K
Program Support
2023
$5K
Gala sponsorship
2023
$35K
For grant recipient's exempt purposes
2022
$8K
PROGRAM SUPPORT
2022
$5K
GENERAL OPERATING SUPPORT
2022
$5K
General support
2022
$10K
PROGRAM SUPPORT
2021
$25K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2020
$8K
GENERAL FUND
2020
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.1M from 17 funders · 29 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$325K · 3 grants · 2017–2023

The Chris And Carrie Shumway Foundation

$200K · 2 grants · 2023–2024

Foundation For The Carolinas

$180K · 2 grants · 2023–2024

Charities Aid Foundation America

$100K · 1 grant · 2023

National Philanthropic Trust

$100K · 1 grant · 2023

Hendrick Family Foundation

$36K · 4 grants · 2021–2024

National Foundation For Affordable

$30K · 2 grants · 2023–2024

David And Nicole Tepper Charitable

$25K · 1 grant · 2024

Details

EIN200946449
NTEE codeT12
Subsection03
Ruling date2005-05
Formed2004
Employees0
Volunteers40
CHARLOTTE HORNETS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo