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EIN 45-6930128

Community Investments Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Charlotte
State
North Carolina
Year formed
2012
Most recent tax filings
2022-12-01
NTEE code, primary
T11: Philanthropy, Voluntarism and Grantmaking Foundations Single Organization Support
Description
The Community Investments Foundation 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. They engage with the community by providing expenses related to facility and grants to support community space available for collaboration and planning. The space is available to all local non-profit organizations during business hours for meetings of the non-profits and their constituents.
Related structure
Community Investments Foundation is a subordinate organization under Foundation for the Carolinas.
Total revenues
$20,489,868
2022
Total expenses
$18,805,485
2022
Total assets
$85,159,904
2022
Num. employees
0
2022

Program areas at Community Investments Foundation

Community engagement: expenses related to facility and grants to support Community space available for collaboration and planning. Space is available to all local non-profit organizations during business hours for meetings of the non-profits and their constituencies.

Grants made by Community Investments Foundation

GranteeGrant descriptionAmount
Foundation for the CarolinasGrantmaking$17,535,485
Foundation of the University of North Carolina at CharlotteChildress Klein Center for Real Estate Endowment$6,249
University of North Carolina at Chapel HillKenan-Flagler Business School Leonard Wood Center$6,249

Personnel at Community Investments Foundation

NameTitleCompensation
Alyssa FedericoSenior Vice President , Finance$0
Holly Welch StubbingExecutive Vice President / Secretary and Treasurer / Treasurer and Secretary$0
Doug BensonSenior Vice President and General Counsel
Laura SmithExecutive Vice President$0
Evan WolkofskyDeputy General Counsel and Vice President$0
...and 8 more key personnel

Financials for Community Investments Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$18,623,293
Program services$0
Investment income and dividends$1,828,072
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$329,081
Net gain from sale of non-inventory assets$-439,346
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$140,378
Miscellaneous revenues$8,390
Total revenues$20,489,868

Form 990s for Community Investments Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-13990View PDF
2019-122021-04-05990View PDF
2018-122020-02-14990View PDF
...and 6 more Form 990s
Data update history
January 4, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 1 new personnel
December 25, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
Community improvement
Characteristics
Funds one specific organizationNational levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
220 N Tryon St
Charlotte, NC 28202
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Phone
(704) 973-4500
IRS details
EIN
45-6930128
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T11: Philanthropy, Voluntarism and Grantmaking Foundations Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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