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Carolina Hurricanes Foundation

RALEIGH, NC EIN: 22-2652765 Website

THE FOUNDATION RAISES AND DONATES MONEY TO VARIOUS ORGANIZATIONS IN ORDER TO SUPPORT THE LOCAL COMMUNITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+73.9% YoY

Annual Giving

$460K

+61.4% YoY

Grant Count

24

+50.0% YoY

Avg Grant Size

$19K

+7.6% YoY

About Carolina Hurricanes Foundation

Based on IRS filings

Carolina Hurricanes Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 24 grants totaling $460K. Net investment income was $40K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

CarrboroCaryChapel HillClemmonsDallasDurhamEflandFort LibertyGarnerGreensboroHastingsHillsboroughRaleighWake ForestWilmingtonWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$325K$651K$976K$1M20202021202220232024
Metric202420232022
Total Assets$1,883,895$1,083,414$900,723
Revenue$1,182,790$1,004,092$743,119
Expenses$838,090$611,568$381,362
Qualifying Distributions
Net Investment Income$39,975$16,594$417
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$115K$230K$345K$460K21 grants20202 grants20212 grants202216 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNC HEALTH FOUNDATION$75KCAPE FEAR YOUTH HOCKEY A…$25KCHILDREN'S FLIGHT OF HOPE$25KFOUNDATION OF HOPE$25KGIGI'S PLAYHOUSE$25KRALEIGH YOUTH HOCKEY ASS…$25KSAFECHILD$25KA PLACE AT THE TABLE$20KAUTISM SOCIETY OF NC$20KINTER-FAITH FOOD SHUTTLE$20K

Grant Size Distribution

65 grants across all recorded years

55<$50K10$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Carolina Hurricanes Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Unc Health Foundation ($75,000), Cape Fear Youth Hockey Association ($25,000), Children's Flight of Hope ($25,000).

RecipientPurposeAmount
UNC HEALTH FOUNDATION CHAPEL HILL, NCGENERAL SUPPORT$75,000
CAPE FEAR YOUTH HOCKEY ASSOCIATION FORT LIBERTY, NCGENERAL SUPPORT$25,000
CHILDREN'S FLIGHT OF HOPE RALEIGH, NCGENERAL SUPPORT$25,000
FOUNDATION OF HOPE RALEIGH, NCGENERAL SUPPORT$25,000
GIGI'S PLAYHOUSE CARY, NCGENERAL SUPPORT$25,000
RALEIGH YOUTH HOCKEY ASSOCIATION RALEIGH, NCGENERAL SUPPORT$25,000
SAFECHILD RALEIGH, NCGENERAL SUPPORT$25,000
A PLACE AT THE TABLE RALEIGH, NCGENERAL SUPPORT$20,000
AUTISM SOCIETY OF NC RALEIGH, NCGENERAL SUPPORT$20,000
INTER-FAITH FOOD SHUTTLE RALEIGH, NCGENERAL SUPPORT$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DON WADDELLPRESIDENT (THRU 05/24)1
SHAUN NICHOLSONTREASURER1
NIGEL WHEELERSECRETARY1
GREG DOBBYNBOARD MEMBER1
COURTNEY KAMLETBOARD MEMBER1
MICHAEL MCMYNEBOARD MEMBER1
REBECCA QUINN-WOLFBOARD MEMBER1
LISA SCHILLERBOARD MEMBER1
HARVEY SCHMITTBOARD MEMBER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carolina Hurricanes Foundation?

Carolina Hurricanes Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. It holds $1.9M in total assets as of 2024.

How large is Carolina Hurricanes Foundation?

As of 2024, Carolina Hurricanes Foundation holds $1.9M in total assets with $1.2M in annual revenue. It awarded 24 grants totaling $460K in 2024.

Where does Carolina Hurricanes Foundation operate?

Carolina Hurricanes Foundation has awarded grants in Minnesota, North Carolina, Texas.

What size grants does Carolina Hurricanes Foundation award?

In 2024, Carolina Hurricanes Foundation awarded 24 grants totaling $460K — an average of about $19K per grant, based on its IRS Form 990 filings.

What is Carolina Hurricanes Foundation's EIN?

Carolina Hurricanes Foundation's EIN (Employer Identification Number) is 22-2652765. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Carolina Hurricanes Foundation's focus areas in our free grants database

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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