NonprofitsCharlotte Regional Business Alliance Foundation

Community Improvement & Capacity Building

Charlotte Regional Business Alliance Foundation

CHARLOTTE, NC

Total revenue

$1.6M

Total expenses

$1.6M

Net assets

$1.0M

Grants received

$4.4M

19 grants

EIN

562227354

Tax year

2024

Mission

To catalyze transformative growth in the charlotte region where dynamic (cont'd on page 2)

Programs

3 programs

Rise (regional innovation and support for entrepreneurs) is an innovative artificial intelligence powered technology platform that helps entrepreneurs navigate resouces available to start, run and grow businesses. Highlighting the abundance of resources available to entrepreneurs, in a single platform, while keeping those resources perpetually up to date, saves entrepreneurs precious time, allowing them to focus on the fundamental of growing their businesses. The platform also provides useful data and insight into the most sought after and leveraged resources in the small business ecosystem.

Expenses: $62K

Scale up clt is a business accelerator focused on helping entrepreneurs with businesses between $250,000 and $999,999 in revenue, exceed $1,000,000. Entering our sixth cohort, over 26% of scale up clt participants have grown their businesses beyond $1,000,000, as compared to under 4% of all businesses nationally. Additionally, participants have seen an average year over year revenue growth of 33%.

Expenses: $268K

Leadership academy of charlotte is a 10 month leadership program which has given more than 300 leaders across the nation the opportunity to advance their careers into senior executive and c-suite roles. Executive leaders excel in their professions and grow their careers. Guided by a research-based curriculum, participants go through extensive coaching and personal development.digital marketplace for purchasing and supplier organizations: the foundation helps increase the visibility of mid-market companies that are seeking to offer contracting opportunities to small business.ace: accounting for charlotte entrepreneurs supplements the ongoing need for accounting, marketing and legal services, the foundation works in partnership with organizationswhich provides services to entrepreneurs and small business owners.wellness: this 6-month program supports entrepreneurs' well-being through financial education, relaxation workshops, and a cohort experience where participants can build a self care plan with accountability partners. Catch your breath is designed to combat burnout and chronic stress.regional transportation: provide guidance and engagement with local leaders on a regional comprehensive transportation plan that will be unifying to the regional governments of charlotte and mecklenburg county and the state to enhance the growth of all businesses in the charlotte region.nc grant: north carolina state grant to study the downtown office conversion and potential impacts to the small business community.

Expenses: $881K

Financials

FY 2024

Revenue

Contributions & grants$1.6M
Program service revenue
Investment income$35K
Other revenue
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$686K
Fundraising$256K
Other expenses$926K
Total expenses$1.6M
Total assets$1.3M
Net assets$1.0M

People

11 listed

NameRoleCompensation

KRISTERPHER SMITH

DIRECTOR

Board

1 hrs/wk

BRYAN DELANEY

DIRECTOR

Board

1 hrs/wk

REGINALD BEAN

DIRECTOR

Board

1 hrs/wk

REGINALD HENDERSON

DIRECTOR

Board

1 hrs/wk

CHERYL RICHARDS

DIRECTOR

Board

1 hrs/wk

CHRISTOPHER MOXLEY

CHAIRMAN

Board

1 hrs/wk

NESHA PAI

TREASURER

Board

1 hrs/wk

JACK SANTANIELLO

SECRETARY

Board

1 hrs/wk

ANDREA SMITH NON-VOTING

INTERIM PRESIDENT & CEO OF CRBA

Board

1 hrs/wk

NATHANIEL HOGAN

PRESIDENT,CLT ALLIANCE FDT

Board

40 hrs/wk

TYWANDA BOLTON

DIRECTOR OF SMALL BUSINESS AND ENTREPRENEURSHIP

Staff

1 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$502K
CHARITABLE GIFT
2024
$250K
1 grant(s) for varying purposes
2024
$50K
PROJECT ACCELERATE!
2024
$2.1M
CHARITABLE GIFT
2023
$250K
1 grant(s) for varying purposes
2023
$15K
EDUCATION GRANT
2023
$5K
SCALE UP CLT
2023
$792K
CHARITABLE GIFT
2022
$250K
1 GRANT(S) FOR VARYING PURPOSES
2022
$100K
ECONOMIC DEVELOPMENT
2022
$15K
EOY-2022 GO Supplemental Grant - Charlotte Regional Business Alliance Foundation
2022
$13K
For grant recipient's exempt purposes
2022
$2K
EOY-2022 GO Supplemental Grant - Charlotte Regional Business Alliance Foundation
2022
$13K
For grant recipient's exempt purposes
2021
$13K
For grant recipient's exempt purposes
2021
$10K
PROGRAM SUPPORT
2020
$5K
CHARITABLE CONTRIBUTIONS
2020
$500
GENERAL SUPPORT
2020

Funded by

$4.4M from 12 funders · 19 grants · 2020–2024

Foundation For The Carolinas

$3.4M · 3 grants · 2022–2024

The Winston-Salem Foundation

$750K · 3 grants · 2022–2024

Clt Host 2020 Inc

$100K · 1 grant · 2022

Ally Charitable Foundation

$50K · 1 grant · 2024

Fidelity Investments Charitable Gift Fund

$38K · 3 grants · 2021–2022

The Allstate Foundation

$17K · 2 grants · 2022

The Schott Foundation For Public

$15K · 1 grant · 2023

The LendingTree Foundation

$10K · 1 grant · 2022

Details

EIN562227354
NTEE codeS12
Subsection03
Ruling date2001-06
Formed2000
Employees0
Volunteers8
CHARLOTTE REGIONAL BUSINESS ALLIANCE FOUNDATION — Mission, Financials & Grants Received | Grantivo