NonprofitsCommunity Investments Foundation

Human Services

Community Investments Foundation

CHARLOTTE, NC

Total revenue

$16.5M

Total expenses

$25.3M

Net assets

$68.5M

Grants received

$150K

1 grants

EIN

456930128

Tax year

2024

Mission

Community investments foundation (cif) receives and manages gifts of business interests or other unique assets, until they can be liquidated, with the proceeds used in support of various charitable organizations.

Financials

FY 2024

Revenue

Contributions & grants$13.6M
Program service revenue
Investment income$2.8M
Other revenue$145K
Total revenue$16.5M

Expenses

Grants paid$23.8M
Salaries & benefits
Fundraising$55K
Other expenses$1.4M
Total expenses$25.3M
Total assets$68.8M
Net assets$68.5M

People

12 listed

NameRoleCompensation

TODD W MANSFIELD

CHAIR

Board

0.3 hrs/wk

KIETH COCKRELL

DIRECTOR

Board

0.3 hrs/wk

CHRIS POPLIN

DIRECTOR

Board

0.3 hrs/wk

MARIAN STEELE CLARK

DIRECTOR

Board

0.3 hrs/wk

MICHAEL MARSICANO

PRESIDENT & CEO

Board

5 hrs/wk

LAURA SMITH

EXECUTIVE VP

Board

5 hrs/wk

NIKHIL SAWANT

EXECUTIVE VP & CIO

Board

5 hrs/wk

DOUGLAS W BENSON

SENIOR VP & GENERAL COUNSE

Board

5 hrs/wk

ALYSSA FEDERICO

CHIEF FINANCIAL OFFICER

Staff

5 hrs/wk

ELIZABETH KISER

SENIOR VP, PHILANTHROPIC A

Staff

5 hrs/wk

EVAN WOLKOFSKY

ASSISTANT DEPUTY COUNSEL

Staff

5 hrs/wk

ROBIN BAREFOOT

ASSOCIATE COUNSEL

Staff

5 hrs/wk

Independent contractors

FOUNDATION FOR THE CAROLINAS

ADMINISTRATIVE FEES

$438K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$150K
CHARITABLE GIFT
2023

Funded by

$150K from 1 funder · 1 grant · 2023

Foundation For The Carolinas

$150K · 1 grant · 2023

Details

EIN456930128
NTEE codeP117
Subsection03
Ruling date2012-08
Formed2012
Employees0
Volunteers4
COMMUNITY INVESTMENTS FOUNDATION — Mission, Financials & Grants Received | Grantivo