FOUNDATION FOR THE CAROLINAS

EIN 566047886 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$2.46B
at fiscal year end
Grants out
$458.06M
from DAF accounts
Contributions in
$391.62M
received into DAFs
Payout rate
18.6%
median is 12.5%
Accounts
1,026
funds held at year end
Average account
$2.4M
assets per fund

At 18.6%, this sponsor paid out above the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$1.47B
FY2019
$1.57B
FY2020
$1.87B
FY2021
$2.15B
FY2022
$2.46B
FY2023

Grants paid by year

$264.7M
FY2019
$268.9M
FY2020
$317.2M
FY2021
$305.6M
FY2022
$458.1M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 6,578 grant lines totalling $1.83B across 2019–2024 — $278K per line.

$44.0M of this sponsor’s grants went to other DAF sponsors — 2% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Southern Environmental Law CenterEIN 521436778 VA$138.6M
Catawba CollegeEIN 560530251 NC$125.7M
Rocky Mountain InstituteEIN 742244146 CO$62.6M
EarthjusticeEIN 941730465 CA$62.5M
Duke UniversityEIN 560532129 NC$39.2M
Natural Resources Defense Council IEIN 132654926 NY$36.0M
Atrium Health FoundationEIN 566060481 NC$34.1M
League Of Conservation Voters Education FundEIN 521379661 DC$30.1M
Charlotte Country Day SchoolEIN 560623935 NC$30.0M
Southern Appalachian Highlands ConservancyEIN 621098890 NC$25.3M
Population ConnectionEIN 941703155 DC$25.0M
Foundation Of The University Of North Carolina AtEIN 566059417 NC$24.8M
Nc League Of Conservation Voters Foundation IncEIN 237206810 NC$23.2M
Fftc Partners For Empowering CommunitiesEIN 922022464 NC$19.3M
Planned Parenthood South AtlanticEIN 561282557 VA$19.3M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.