Public Benefit : Community Foundations

Foundation For The Carolinas

Inspiring philanthropy

Rating

Overall Rating    
      (69.45)
Organizational Efficiency      
Program Expenses 94.5%    
Administrative Expenses 4.6%    
Fundraising Expenses 0.8%    
Fundraising Efficiency $0.00    
Efficiency Rating    
      (39.45)
Organizational Capacity      
Primary Revenue Growth 48.3%    
Program Expenses Growth 35.9%    
Working Capital Ratio (years) 4.96    
Capacity Rating    
      (30.00)

Income Statement     (FYE 12/2007)

Revenue  
Primary Revenue $237,829,140
Other Revenue $29,502,271
Total Revenue $267,331,411
   
Expenses  
Program Expenses $113,636,538
Administrative Expenses $5,606,858
Fundraising Expenses $963,661
Total Functional Expenses $120,207,057
   
Payments to Affiliates $0
Excess (or Deficit) for the year $147,124,354
   
Net Assets $532,233,930

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Foundation For The Carolinas
217 South Tryon Street
Charlotte, NC 28202
tel: (800) 973-7244
fax: (704) 973-4599
EIN: 56-6047886

Contact Email
Visit Web Site

Leadership      (FYE 12/2007)

Name Title Compensation % of Expenses
Michael Marsicano President, CEO (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $330,142 0.27%

Donor Privacy Policy

NO, this charity does not have a written donor privacy policy.

Mission

Formed in 1958, the Foundation For The Carolinas inspires philanthropy and strengthens our region through innovative community initiatives and quality services to donors and constituents. We are here to help individuals, families, nonprofits and corporations make a positive impact on their communities. Today, the Foundation is one of the largest community foundations in the southeast and among the top 25 in the United States. Foundation For The Carolinas offers three Centers for Giving through which specialized teams of financial and philanthropic experts work to meet our clients' diverse needs: the Center for Personal and Family Philanthropy, the Center for Nonprofits, and the Center for Corporate Philanthropy.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Foundation For The Carolinas - NC 69.45
The Columbus Foundation - OH 69.51
The Community Foundation in Jacksonville - FL 69.67
Baton Rouge Area Foundation - LA 65.81
Arizona Community Foundation - AZ 58.49
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Foundation For The Carolinas - NC 69.45
Austin Community Foundation - TX 69.78
California Community Foundation - CA 69.74
The Boston Foundation - MA 69.67
East Bay Community Foundation - CA 66.59
The Community Foundation for the National Capital Region - DC 57.62
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