Carolina Small Business Development Fund

Nonprofit · Grant recipient Raleigh, NC EIN 58-1903219

Funding Overview

From IRS Form 990 filings · 2019–2025

Total received

$4.3M

Foundation funders

25

Grants recorded

44

Years covered

2019–2025

Who funds Carolina Small Business Development Fund?

Carolina Small Business Development Fund is funded by 25 grantmakers, led by Duke University ($1.0M), Dogwood Health Trust ($944K), Rural Economic Development Center Inc ($400K). In total, IRS Form 990 filings record $4.3M in grants to Carolina Small Business Development Fund between 2019–2025.

Funding over time

Grant dollars and counts received per year

$0$500K$1M$1.5M$2M2 grants2019 17 grants2020 6 grants2021 4 grants2022 7 grants2023 5 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $85K (2019) to $1.8M (2020). In 2025 it made 3 grants totaling $360K.

What grants has Carolina Small Business Development Fund received?

Individual grants from IRS Form 990 filings, newest first

YearFunderPurposeAmount
2025Center for Disaster Philanthropy IncCAROLINA SMALL BUSINESS DEVELOPMENT FUND RECEIVED $300,000 FOR THE WESTERN WOMEN'S SMALL BUSINESS CENTER FROM THE TRUIST FOUNDATION WESTERN NORTH CAROLINA RECOVERY AND RESILIENCY FUND IN SUPPORT OF THEIR "HELENE RELIEF AND RECOVERY PROGRAM" PROVIDING SERVICES FOR SMALL BUSINESS RECOVERY ACROSS MULTIPLE COUNTIES IN WESTERN NORTH CAROLINA.$300,000
2025Wells Fargo FoundationVivid Digital Classroom$35,000
2025Wells Fargo FoundationRUSH REQUEST - DISASTER GRANT Hurricane Chantal - SB Development Fund$25,000
2024Rural Economic Development Center IncCDFI CAPACITY BUILDING PROGRAM GRANTS$400,000
2024Dogwood Health TrustTECHNICAL ASSISTANCE AND CAPITAL ACCESS FOR ENTREPRENEURS$300,000
2024National Association for Latino Community Asset BuildersSMALL BUSINESS$80,000
2024Southern Bank FoundationPublic Benefit$5,000
2024JPMorgan Chase FoundationMATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)$500
2023Dogwood Health TrustREMOVING LANGUAGE AND CAPITAL BARRIERS FOR COMMUNITIES OF COLOR IN RURAL WNC.$264,063
2023Dogwood Health TrustWESTERN WOMAN'S BUSINESS CENTER AND LATINO PROGRAM.$112,000
2023Opportunity Finance NetworkFINANCE JUSTICE FUND SUBGRANT$100,000
2023Charities Aid Foundation AmericaCHARITABLE DONATION$17,250
2023National Association for Latino Community Asset BuildersSMALL BUSINESS$15,000
2023TD Charitable FoundationCSBDF LATINO PROGRAM$5,000
2023JPMorgan Chase FoundationGENERAL OPERATING SUPPORT$1,271
2022Dogwood Health TrustTHIS GRANT WILL SUPPORT CAROLINA SMALL BUSINESS DEVELOPMENT FUND STRENGTHEN THE WESTERN WOMENS BUSINESS CENTER AND PROGRAMA EMPRESARIAL LATINO.$168,000
2022Appalachian Community Capital Development FoundationBUSINESS DEVELOPMENT IN APPALACHIA$75,000
2022Charities Aid Foundation AmericaCHARITABLE DONATION$12,750
2022TD Charitable FoundationCSBDF LATINO PROGRAM$5,000
2021The San Francisco FoundationADVISED - FOR SUPPORTING SMALL BUSINESS THROUGH MODERNIZING INFRASTRUCTURE FOR REPORTING, EVALUATION, AND LEARNING TO BETTER SUPPORT YOUR LOCAL COMMUNITY.$200,000
2021Opportunity Finance NetworkFINANCE JUSTICE FUND SUBGRANT$150,000
2021NC IdeaECOSYSTEM GRANTS$25,000
2021National Association for Latino Community Asset BuildersFinancial Capability$25,000
2021Charities Aid Foundation AmericaCHARITABLE DONATION$17,250
2021TD Charitable FoundationCSBDF LATINO PROGRAM - BILINGUAL COACHING AND TECHNICAL ASSISTANCE FOR LATINO SMALL BUSINESSES$5,000
2020Duke UniversityGENERAL SUPPPORT$1,000,000
2020Mary Reynolds Babcock FoundationUPLIFT AMERICA FUND$201,000
2020JPMorgan Chase FoundationIN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION$100,000
2020The Goldman Sachs FoundationGRANT TO SUPPORT COVID-19 RELIEF EFFORTS FOR SMALL BUSINESSES IN NC.$100,000
2020Appalachian Community Capital CorporationEMERGENCY BUSINESS ASSISTANCE GRANT$100,000

Showing 30 most recent of 44 recorded grants.

Frequently Asked Questions

Who funds Carolina Small Business Development Fund?

Carolina Small Business Development Fund is funded by 25 grantmakers, led by Duke University ($1.0M), Dogwood Health Trust ($944K), Rural Economic Development Center Inc ($400K). In total, IRS Form 990 filings record $4.3M in grants to Carolina Small Business Development Fund between 2019–2025.

Who is Carolina Small Business Development Fund's largest funder?

Duke University is the largest recorded funder of Carolina Small Business Development Fund, with $1.0M across 1 grant (2020).

How much grant funding has Carolina Small Business Development Fund received?

IRS 990 filings record $4.3M in grants to Carolina Small Business Development Fund across 44 grants from 25 funders between 2019–2025. Filings are published on a delay, so recent grants may not appear yet.

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Grant data is drawn from IRS Form 990 filings via Grantable's GrantGraph™. Filings are published on a delay; recent grants may not appear yet.

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