Community Investments Foundation

Foundation · Grantmaker Charlotte, NC EIN: 45-6930128

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.

Key facts about Community Investments Foundation

EIN: 45-6930128
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $23,842,981
Grants made (2024): 5
Average grant: $4,768,596
Median grant: $51,813
Total assets: $68,814,677
Primary geography: North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Community Investments Foundation funds

By grant dollars, the top recipient states for Community Investments Foundation's 5 itemized 2024 grants were North Carolina (100%). The most frequent recipient cities were Charlotte, NC (2 grants) and New Bern, NC (2 grants). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Gift" (3 grants).

How Community Investments Foundation gives

Giving held roughly steady from 2021 to 2024 (+19%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Community Investments Foundation

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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

+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

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $23.8M (100%)

Rhode Island $32K (0%)

Share of all 5 itemized 2024 grant dollars.

States

North Carolina Rhode Island

Cities

CharlotteChapel HillNew BernWarwick

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

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 recipients include Foundation for the Carolinas ($17,997,255), Foundation for the Charlotte Jewish Community ($5,722,008), Bradhams Legacy ($51,813).

Recipient	Purpose	Amount
FOUNDATION FOR THE CAROLINAS Charlotte, NC	GRANTMAKING	$17,997,255
FOUNDATION FOR THE CHARLOTTE JEWISH COMMUNITY Charlotte, NC	GRANTMAKING	$5,722,008
BRADHAMS LEGACY New Bern, NC	CHARITABLE GIFT	$51,813
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

No officer or director reported compensation in the available filings.

From 2024 IRS 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

Human Services

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.