Charlotte Hornets Foundation Inc
THROUGH THE INVESTMENT OF TIME, TALENTS, AND TREASURE, THE CHARLOTTE HORNETS FOUNDATION WILL SUPPORT, PROMOTE, AND ENHANCE IMPORTANT COMMUNITY EFFORTS THAT ENRICH THE QUALITY OF LIFE FOR THOSE IN NEED, ESPECIALLY CHILDREN AND YOUTH (CONTINUED IN SCH O)IN THE CHARLOTTE AREA. THE FOUNDATION WILL SUPPORT ELIGIBLE 501(C)(3) ORGANIZATIONS THAT DELIVER PROGRAMS THAT IMPACT LITERACY AND EDUCATION, THE MILITARY, FITNESS AND WELLNESS, AND HUNGER, AND RUN PROGRAMS THAT HAVE THE SAME AIM.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-16.6% YoY
Annual Giving
$1.1M
+412.0% YoY
Grant Count
15
+36.4% YoY
Avg Grant Size
$76K
+275.5% YoY
About Charlotte Hornets Foundation Inc
Based on IRS filings
Charlotte Hornets Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 15 grants totaling $1.1M. Net investment income was $76K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,592,532 | $1,909,998 | $931,076 |
| Revenue | $655,249 | $1,346,185 | $410,729 |
| Expenses | $1,266,658 | $399,294 | $276,833 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $75,561 | $37,596 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charlotte Mecklenburg Schools ($500,000), Children of Fallen Patriots Foundation ($100,000), Local Initiatives Supports Corporation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHARLOTTE MECKLENBURG SCHOOLS CHARLOTTE, NC | EDUCATION | $500,000 |
| CHILDREN OF FALLEN PATRIOTS FOUNDATION RESTON, VA | MILLITARY | $100,000 |
| LOCAL INITIATIVES SUPPORTS CORPORATION NEW YORK, NY | HUNGER | $100,000 |
| THE JOHN CROSLAND SCHOOL CHARLOTTE, NC | EDUCATION | $100,000 |
| CARE RING CHARLOTTE, NC | WELLNESS | $100,000 |
| ISRAEL RELIEF FRIENDS OF UNITED HATZALAH NEW YORK, NY | DISASTER | $100,000 |
| FOUNDATION FOR THE CAROLINAS CHARLOTTE, NC | COMMUNITY DEVELOPMENT | $50,000 |
| BOYS AND GIRLS CLUB OF CABARRUS COUNTY CONCORD, NC | CHILDERN | $15,247 |
| MUGGSY BOGUES FOUNDATION MATTHEWS, NC | COMMUNITY DEVELOPMENT | $15,000 |
| MAKE A WISH FOUNDATION CHARLOTTE, NC | CHILDREN | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL JORDAN | DIRECTOR, CHAIRMAN (THRU 10/23) | 1 | — |
| FRED WHITFIELD | DIR., VICE CHAIRMAN (THRU 10/23) | 1 | — |
| RICK SCHNALL | DIR., CO-CHAIRPERSON (AS OF 10/23) | 1 | — |
| GABE PLOTKIN | DIR., CO-CHAIRPERSON (AS OF 10/23) | 1 | — |
| JAMES JORDAN | DIRECTOR, PRESIDENT | 1 | — |
| JAMES H DUNLEVY | DIRECTOR, TREASURER | 2 | — |
| AMY DAWSON | DIRECTOR (AS OF 10/23) | 1 | — |
| DAMIAN MILLS | DIRECTOR (AS OF 10/23) | 1 | — |
| MC BELK PILON | DIRECTOR | 1 | — |
| BETSY MACK | EXECUTIVE DIRECTOR | 40 | — |
| SHANNON GILLIGAN | SECRETARY (AS OF 10/23) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Charlotte Hornets Foundation Inc?
Charlotte Hornets Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. It holds $1.6M in total assets as of 2024.
How large is Charlotte Hornets Foundation Inc?
As of 2024, Charlotte Hornets Foundation Inc holds $1.6M in total assets with $655K in annual revenue. It awarded 15 grants totaling $1.1M in 2024.
Where does Charlotte Hornets Foundation Inc operate?
Charlotte Hornets Foundation Inc has awarded grants in District of Columbia, North Carolina, New York, Virginia.
What size grants does Charlotte Hornets Foundation Inc award?
In 2024, Charlotte Hornets Foundation Inc awarded 15 grants totaling $1.1M — an average of about $76K per grant, based on its IRS Form 990 filings.
What is Charlotte Hornets Foundation Inc's EIN?
Charlotte Hornets Foundation Inc's EIN (Employer Identification Number) is 20-0946449. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Charlotte Hornets Foundation Inc'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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