Foundation for the Carolinas
Charlotte, NC · EIN 56-6047886 · Philanthropy and grantmaking · Rank 901 by total revenue
Foundation for the carolinas is a non-profit community foundation serving donors and a broad range of charitable purposes in north and south carolina through grantmaking and civic leadership.
Money, Form 990 for tax year 2024
- Total revenue
- $761,389,623
- Total expenses
- $849,185,395
- Total assets
- $3,934,238,899
- Salary base (all salaries and wages)
- $12,533,601
- Salaries, other pay and benefits
- $15,475,824
- Employees
- 141
- Salary base per employee
- $88,891
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (28)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Cathy Bessant | CEO | Officer | 50 | $737,104 |
| Douglas W Benson | CHIEF ADMINISTRATIVE AND CHIEF RISK OFFICER (SECRE | Officer | 50 | $305,316 |
| Alyssa Federico | CHIEF FINANCIAL OFFICER (TREASURER) | Officer | 50 | $274,535 |
| Evan N Wolkofsky | GENERAL COUNSEL (ASST SECRETARY) | Officer | 50 | $270,575 |
| Laura Yates Clark | PRESIDENT | Officer | 50 | $234,479 |
| Tara Keener | CHIEF MARKETING OFFICER (ASST SECRETARY) | Officer | 50 | $205,179 |
| Arrington Mixon | CHAIR | Board, Officer | 0.5 | None reported |
| Kieth Cockrell | CHAIR ELECT | Board, Officer | 0.5 | None reported |
| Blair Stanford | CELC EXECUTIVE DIRECTOR | Key employee | 50 | $333,692 |
| Elizabeth Kiser | CHIEF PHILANTHROPY OFFICER | Key employee | 50 | $259,934 |
| Sean Seifert | CAROLINA THEATRE EXECUTIVE | Key employee | 50 | $190,559 |
| Marian Steele Clark | DIRECTOR | Board | 0.5 | None reported |
| Malcomb Coley | DIRECTOR | Board | 0.5 | None reported |
| Sharyn Ellison | DIRECTOR | Board | 0.5 | None reported |
| Betsy Fleming | DIRECTOR | Board | 0.5 | None reported |
| Lynn Good | DIRECTOR | Board | 0.5 | None reported |
| Todd Gorelick | DIRECTOR | Board | 0.5 | None reported |
| Jada Grandy-Mock | DIRECTOR | Board | 0.5 | None reported |
| Kelly Katterhagen | DIRECTOR | Board | 0.5 | None reported |
| Susan Kluttz | DIRECTOR | Board | 0.5 | None reported |
| Ralph Lopez-Massas | DIRECTOR | Board | 0.5 | None reported |
| Tropzie McCluney | DIRECTOR | Board | 0.5 | None reported |
| Gene McLaurin | DIRECTOR | Board | 0.5 | None reported |
| Tom Nelson | DIRECTOR | Board | 0.5 | None reported |
| Edward Serna | DIRECTOR | Board | 0.5 | None reported |
| Fred Whitfield | DIRECTOR | Board | 0.5 | None reported |
| Bill Martin | DIRECTOR | Board | 0.5 | None reported |
| Asha Rodriguez | DIRECTOR | Board | 0.5 | None reported |
Top 10 paid people listed
These 10 people received $3,415,872, which is 27.3% of the $12,533,601 salary base shared by 141 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Cathy Bessant | CEO | Officer | 50 | $571,104 | $0 | $166,000 | $737,104 |
| Laura Smith | FORMER COO | Former | 50 | $436,231 | $0 | $3,812 | $440,043 |
| Blair Stanford | CELC EXECUTIVE DIRECTOR | Key employee | 50 | $267,230 | $0 | $66,462 | $333,692 |
| Douglas W Benson | CHIEF ADMINISTRATIVE AND CHIEF RISK OFFICER (SECRE | Officer | 50 | $258,355 | $0 | $46,961 | $305,316 |
| Alyssa Federico | CHIEF FINANCIAL OFFICER (TREASURER) | Officer | 50 | $228,615 | $0 | $45,920 | $274,535 |
| Nikhil Sawant | CIO (THRU 3/1/24) | Highly paid employee | 50 | $245,614 | $0 | $25,161 | $270,775 |
| Evan N Wolkofsky | GENERAL COUNSEL (ASST SECRETARY) | Officer | 50 | $213,325 | $0 | $57,250 | $270,575 |
| Munro C Richardson | READ CHARLOTTE EXECUTIVE DIRECTOR | Highly paid employee | 50 | $199,175 | $0 | $63,140 | $262,315 |
| Federico G Rios | SVP, CIVIC LEADERSHIP | Highly paid employee | 50 | $216,270 | $0 | $45,313 | $261,583 |
| Elizabeth Kiser | CHIEF PHILANTHROPY OFFICER | Key employee | 50 | $202,221 | $0 | $57,713 | $259,934 |
Sources
- IRS e-file return 202543219349306689 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 56-6047886
- Organization website (as filed): www.fftc.org