COMMUNITY INVESTMENTS FOUNDATION (CIF) 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$68.8M
-11.2% YoY
Annual Giving
$23.8M
-0.8% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$4.8M
-40.5% YoY
About Community Investments Foundation
Based on IRS filings
Community Investments Foundation is a nonprofit organization focused on Human Services, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68.8M in total assets. In 2024, it awarded 5 grants totaling $23.8M. Net investment income was $2.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $68,814,677 | $77,458,068 | $85,159,904 |
| Revenue | $16,512,191 | $18,964,117 | $20,489,868 |
| Expenses | $25,261,721 | $25,547,982 | $18,805,485 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,783,570 | $674,760 | $1,388,726 |
| 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 5 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Foundation for the Carolinas ($17,997,255), Foundation for the Charlotte Jewish Community ($5,722,008), Bradhams Legacy ($51,813).
| Recipient | Purpose | Amount |
|---|---|---|
| BRADHAMS LEGACY NEW BERN, NC | CHARITABLE GIFT | $51,813 |
| FOUNDATION FOR THE CAROLINAS CHARLOTTE, NC | GRANTMAKING | $17,997,255 |
| FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY CHARLOTTE, NC | GRANTMAKING | $5,722,008 |
| TRYON PALACE FOUNDATION INC NEW BERN, NC | CHARITABLE GIFT | $40,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM WARWICK, RI | CHARITABLE GIFT | $31,905 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TODD W MANSFIELD | CHAIR | 0.3 | — |
| KIETH COCKRELL | DIRECTOR | 0.3 | — |
| CHRIS POPLIN | DIRECTOR | 0.3 | — |
| MARIAN STEELE CLARK | DIRECTOR | 0.3 | — |
| MICHAEL MARSICANO | PRESIDENT & CEO | 5 | — |
| LAURA SMITH | EXECUTIVE VP | 5 | — |
| NIKHIL SAWANT | EXECUTIVE VP & CIO | 5 | — |
| DOUGLAS W BENSON | SENIOR VP & GENERAL COUNSE | 5 | — |
| ALYSSA FEDERICO | CHIEF FINANCIAL OFFICER | 5 | — |
| ELIZABETH KISER | SENIOR VP, PHILANTHROPIC A | 5 | — |
| EVAN WOLKOFSKY | ASSISTANT DEPUTY COUNSEL | 5 | — |
| ROBIN BAREFOOT | ASSOCIATE COUNSEL | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Community Investments Foundation?
Community Investments Foundation is a nonprofit organization focused on Human Services, based in CHARLOTTE, NC. It holds $68.8M in total assets as of 2024.
How large is Community Investments Foundation?
As of 2024, Community Investments Foundation holds $68.8M in total assets with $16.5M in annual revenue. It awarded 5 grants totaling $23.8M in 2024.
Where does Community Investments Foundation operate?
Community Investments Foundation has awarded grants in North Carolina, Rhode Island.
What size grants does Community Investments Foundation award?
In 2024, Community Investments Foundation awarded 5 grants totaling $23.8M — an average of about $4.8M per grant, based on its IRS Form 990 filings.
What is Community Investments Foundation's EIN?
Community Investments Foundation's EIN (Employer Identification Number) is 45-6930128. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Community Investments 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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