NonprofitsReemprise Fund

Public Foundations

Reemprise Fund

CHARLOTTE, NC

Total revenue

$82K

Total expenses

$502K

Net assets

$800K

Grants received

$1.5M

1 grants

EIN

884417186

Tax year

2024

Mission

We combine a relationship-focused approach with the strategic investment mindset of venture capital. We find and support high-potential, early-stage nonprofits/leaders who create meaningful change within historically marginalized communities in Charlotte. Our three-year partnerships are focused on building business capability for long-term sustainability and amplified ingenuity. Our approach is holistic, going all-in with our partners, combining business expertise, social capital and unrestricted funding. We also offer one-time grants, which are our votes of confidence, in early stage organizations that show ingenuity and promise for meaningful human impact.

Financials

FY 2024

Revenue

Contributions & grants$573
Program service revenue
Investment income$82K
Other revenue
Total revenue$82K

Expenses

Grants paid$273K
Salaries & benefits$192K
Fundraising$37K
Other expenses$37K
Total expenses$502K
Total assets$800K
Net assets$800K

People

3 listed

NameRoleCompensation

Charlie Elberson

President

Board

1 hrs/wk

Chrystal R Joy

Treasurer

Board

1 hrs/wk

Sam L Smith Jr

Secretary

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$1.5M
CHARITABLE GIFT
2023

Funded by

$1.5M from 1 funder · 1 grant · 2023

Foundation For The Carolinas

$1.5M · 1 grant · 2023

Details

EIN884417186
NTEE codeT30
Subsection03
Ruling date2023-05
Formed2023
Employees0
REEMPRISE FUND — Mission, Financials & Grants Received | Grantivo