Grantmakers › North Carolina

Charlotte Hornets Foundation Inc

Charlotte, NC · EIN 20-0946449. Reported 57 grants totalling $3,238,367 to 42 organizations across tax years 2020-2024, on Form 990 Schedule I.

42organizations funded
$20,000median reported grant
$3,238,367granted, 2020-2024
25%of grantees funded again the next year
16%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. For Charlotte Hornets Foundation Inc, the IRS classifies it as a fundraising and fund-distribution organization (NTEE T12).
  2. How spread out its giving is. 42 distinct organizations, with 16% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
  3. How much its list changes. 25% of one year's grantees are funded again the next, across 4 year-to-year transitions. That is below the 56% median for grantmaking charities, and well below the 67% median for private foundations. It describes the organizations it already funds, not whether it would consider a new one.

How big are its grants?

The median reported grant is $20,000. Half of what it reported fell between $10,000 and $50,000; the smallest was $5,500 and the largest $500,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$5,000 - $10,000
1 grant
$10,000 - $25,000
28 grants
$25,000 - $50,000
12 grants
$50,000 - $100,000
4 grants
$100,000 - $250,000
9 grants
$250,000 Or More
3 grants

14 of those grants were non-cash -- goods, property or services worth $1,552,000 in total. In-kind giving is real support but it is not a cheque.

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
Second Harvest Food Bank of Metrolina IncCharlotte, NC$515,000222024
American National Red CrossWashington, DC$500,000112024
Cms FoundationCharlotte, NC$500,000112023
Foundation for the CarolinasCharlotte, NC$200,000442024
Care Ring IncCharlotte, NC$100,000112023
Children of Fallen Patriots FoundationReston, VA$100,000112023
Friends of United Hatzalah IncNew York, NY$100,000112023
Generation - You Employed IncWashington, DC$100,000112024
Hope Street Food Pantry IncCharlotte, NC$100,000112024
Local Initiatives Support CorporationNew York, NY$100,000112023
Renaissance West Community InitiativeCharlotte, NC$100,000112024
Soldiers AngelsSan Antonio, TX$100,000112024
The John Crosland SchoolCharlotte, NC$100,000112023
United Negro College Fund IncWashington, DC$55,500442024
YMCA of Greater CharlotteCharlotte, NC$50,000222022
Speedway Childrens CharitiesConcord, NC$42,000442024
Veterans Bridge Home IncCharlotte, NC$36,574222023
Nourish UpCharlotte, NC$31,304112021
Muggsy Bogues Family FoundationMatthews, NC$30,000222023
The Nest Academy IncCharlotte, NC$26,450112022
Angels and Sparrows Soup Kitchen IncHuntersville, NC$26,260112022
Armed Services YMCA of the USAWoodbridge, VA$25,000112021
Boys & Girls Clubs of the Charlotte RegionCharlotte, NC$25,000112024
Community Culinary School of Charlotte IncCharlotte, NC$25,000112020
Presbyterian Hospital FoundationWinston Salem, NC$25,000112020
Roof Above IncCharlotte, NC$25,000112020
Big Brothers Big Sisters of Central CarolinasCharlotte, NC$20,000222024
Junior Achievement of Central CarolinasCharlotte, NC$20,000222023
The Independence Fund IncCharlotte, NC$20,000112022
Boys and Girls Club of Cabarrus County IncConcord, NC$15,247112023
Accept WcCharlotte, NC$12,532112021
American Heart Association IncDallas, TX$12,500112022
Boost Pad IncCharlotte, NC$10,000112020
Charlotte-Mecklenburg Police FoundationCharlotte, NC$10,000112023
Ja WorldwideColorado Spgs, CO$10,000112024
Johnson C Smith University IncorporatedCharlotte, NC$10,000112020
Latin Americans Working for AchievementCharlotte, NC$10,000112024
Levine Children's HospitalCharlotte, NC$10,000112024
Lonely Entrepreneur IncNew York, NY$10,000112021
Make-a-Wish Foundation of Central and Western North Carolina IncWaxhaw, NC$10,000112023
Phills FoundationCharlotte, NC$10,000112020
YMCA of Greater Greensboro Teen AchieversGreensboro, NC$10,000112023

9 of 42 (21%) received money in more than one year over the 5 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

It also reported 5 groups of grants to individuals -- scholarships, emergency assistance and similar. Schedule I reports these by category with a headcount and never by name, so there is nothing here we could publish about the recipients even if we wanted to.

What the money was for

Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 36 of 42 recipients we could match to a registered organization. The categories are the IRS's, not ours -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Education
7 orgs
Human Services
6 orgs
Youth Development
4 orgs
Health Care
3 orgs
Arts & Culture
3 orgs
Food & Nutrition
2 orgs
Philanthropy & Grantmaking
2 orgs
Community Improvement
2 orgs

Giving by year

Tax yearGrants reportedTotalMedian grant
20208$137,074$17,500
20219$186,336$12,532
202211$222,710$15,000
202315$1,140,247$15,247
202414$1,552,000$37,500

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

66% of its giving went to organizations in North Carolina. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

North Carolina
$2.1M
District of Columbia
$656K
New York
$210K
Virginia
$125K
Texas
$112K
Colorado
$10K

Down to the city

Charlotte, NC
$2.0M
Washington, DC
$656K
New York, NY
$210K
Reston, VA
$100K
San Antonio, TX
$100K
Concord, NC
$57K

Foundations that fund only organizations they pick gave to this one

8 private foundations that told the IRS they contribute only to organizations they select themselves reported 17 grants totalling $395,797 to Charlotte Hornets Foundation Inc. That is 40% of the 20 funders we can see giving to it. Those 8 foundations do not take unsolicited requests -- their own returns say so. The IRS classifies this organization as a grantmaking organization.

7 of them gave in more than one tax year, which is the only durability signal the filings carry.

What that does not mean. It does not mean an application here reaches that money. A grant from a closed foundation is often a designated gift or a donor-advised fund earmarked by whoever gave it, and has nothing to do with any open programme this organization runs. Neither tax return says which, so neither do we. The list below is who put money in. It is not a route to it.

FoundationStateReportedGrantsYearsLast
The Chris and Carrie Shumway FoundationNew York$200,000222024
Jvz FoundationNew York$60,135222024
David and Nicole Tepper CharitableNew Jersey$50,000222025
Acn Global Reach Charities IncNorth Carolina$30,000112021
The Dee-Lite Foundation LimitedNew York$24,000332023
Bird Family FoundationTexas$20,000222024
The Terry Rozier FoundationOhio$11,576222024
Amazonsmile FoundationWashington$86332023

A linked name has a page of its own. We publish one for a foundation that takes no unsolicited requests only when a real share of its giving goes to organizations that make grants themselves, and that page opens by saying it does not take requests.

Every foundation in the table above files Form 990-PF, which reports every grant it made and asks outright whether it funds only organizations it picks. That answer is what puts it on this list; no other form asks the question. The grants this organization reports making are on Form 990 Schedule I, which only requires listing recipients paid more than $5,000. Two different populations, so the money in and the money out on this page are not two halves of one figure and must not be added or compared.

Both the count and the total are floors. A foundation appears here only where its return named this organization clearly enough for us to match the name to an EIN, which we manage for about two thirds of 990-PF grant rows. There are more; we cannot name them.

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Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.

Fidelity Investments Charitable Gift Fund29 shared recipientsAmerican Online Giving Foundation Inc25 shared recipientsDonor Advised Charitable Giving Inc25 shared recipientsDuke Energy Foundation24 shared recipientsFoundation for the Carolinas22 shared recipientsCharities Aid Foundation America19 shared recipients

How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $20,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in North Carolina.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Related guides

Foundations funding education in North CarolinaEvery funder in this groupFoundations funding education in District of ColumbiaEvery funder in this group

Where these numbers come from

Everything above is taken from Charlotte Hornets Foundation Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 5 returns (tax years 2020-2024). Grant figures are from its returns. Recipient classifications, the concentration and retention figures and the funders that support the same organizations are our own calculations from them, described in how we build this.

On its most recent return it told the IRS it made grants to 14 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.

Address of record on the latest return: 333 East Trade Street, Charlotte, NC, 28202.

EIN 20-0946449 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded.

Is something here wrong about your organization? Email hello@funderscope.com and we will correct it.