EIN 20-0946449

Charlotte Hornets Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2004
Most recent tax filings
2023-09-01
NTEE code, primary
Description
The Charlotte Hornets Foundation supports children and those in need in the Charlotte area through community outreach and investing time, talents, and treasure.
Also known as...
Bobcats Youth Foundation; Cats Care Foundation
Total revenues
$1,346,185
2023
20192020202120222023$0$1m$2m
Total expenses
$399,294
2023
20192020202120222023$0$0.2m$0.4m
Total assets
$1,909,998
2023
20192020202120222023$0$1m$2m
Num. employees
0
2023
2019202020212022202300.51

Program areas at Charlotte Hornets Foundation

Generally, the Foundation used its relationship with the players, coaches, and management of the Charlotte Hornets nba team as a platform to raise funds and drive awareness about the importance of education, health and fitness, military care and hunger. Grant makinggrant making was the Foundation's way of demonstrating and displaying the Foundation's commitment to the priorities of the organization and community it serves. The Foundation uses its community contacts to identify programs that have the largest impact to the Foundation's mission. Grants to the Foundation for the carolinas, the military's independence fund, the angels and sparrows' (continued in sch o)food assistance program, the nest academy, and the ymca.

Grants made by Charlotte Hornets Foundation

GranteeGrant descriptionAmount
Foundation for the CarolinasCommunity Development$50,000
Nest AcademyEducation$26,450
Angels and Sparrows Soup KitchenHunger$26,260
...and 8 more grants made

Who funds Charlotte Hornets Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chris and Carrie Shumway FoundationThe Foundation Supports the Enrichment of Those in Need, Especially (Continued in SCH 0) Children, in the Charlotte Area Through Community Outreach and Supporting Other Orgs With Similar Goals.$100,000
Foundation for the CarolinasCharitable Gift$50,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$34,500
...and 6 more grants received

Personnel at Charlotte Hornets Foundation

NameTitleCompensation
Betsy MackExecutive Director$0

Financials for Charlotte Hornets Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$1,551,076
Program services$0
Investment income and dividends$37,596
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-242,487
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,346,185

Form 990s for Charlotte Hornets Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-08990View PDF
2022-092023-07-31990View PDF
2021-092022-08-12990View PDF
2020-092021-08-06990View PDF
2019-092020-09-11990View PDF
...and 9 more Form 990s
Data update history
December 23, 2024
Received grants
Identified 1 new grant, including a grant for $8,000 from The Dee-Lite Foundation Limited
September 22, 2024
Used new vendors
Identified 1 new vendor, including
September 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 12, 2024
Received grants
Identified 3 new grant, including a grant for $15,000 from Bill Simpson Foundation
October 25, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from American Endowment Foundation
Nonprofit Types
Grantmaking organizationsCorporate foundationsCharities
Issues
Human servicesChildrenHunger
Characteristics
Provides grantsFundraising eventsPeer-to-peer fundraisingState / local levelCommunity engagement / volunteeringProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
333 E Trade St
Charlotte, NC 28202
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Phone
(704) 688-9000
IRS details
EIN
20-0946449
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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