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Charlotte Hornets Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200946449 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Charlotte Hornets Foundation Inc?

The Charlotte Hornets Foundation Inc, based in Charlotte, North Carolina, is a nonprofit organization committed to enriching the lives of individuals, particularly children, in the local community. Established with the support of the Charlotte Hornets NBA team, its key priorities include education, health and fitness, military care, and addressing hunger issues. The foundation demonstrates its commitment through grant making, identifying programs that significantly contribute to its mission. Notable recipients of these grants include the Mecklenburg Food and Policy Council, Purple Heart Homes, Charlotte-Mecklenburg Little Libraries, and Out Teach. The foundation's community outreach and support for other organizations with similar goals help enhance the quality of life for those in need.


Official website here: www.nba.com/hornets/foundation

Is Charlotte Hornets Foundation Inc legitimate?

Charlotte Hornets Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Hornets Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nba.com/hornets/foundation

What is the mission statement of Charlotte Hornets Foundation Inc?

The Charlotte Hornets Foundation Inc's mission is centered around enriching the lives of those in need, particularly children, in the community. Through the investment of time, talents, and treasures, this organization aims to support, promote, and enhance important community efforts that improve the quality of life for those in need, especially children and youth. The foundation focuses on eligible 501(c)(3) organizations that deliver programs impacting literacy and education, fitness and wellness, and hunger. The goal is to contribute to the overall betterment of the community, with a specific focus on the well-being of children.


Official website here: www.nba.com/hornets/foundation

Who is the CEO of Charlotte Hornets Foundation Inc?

James H Dunlevy Cpa is the Director, Chairman of Charlotte Hornets Foundation Inc.


Official website here: www.nba.com/hornets/foundation

What is the revenue of Charlotte Hornets Foundation Inc?

Charlotte Hornets Foundation Inc's revenue in 2022 was $410,729.


Official website here: www.nba.com/hornets/foundation

Who are the executives of Charlotte Hornets Foundation Inc and what are their salaries?

There 40 volunteers at Charlotte Hornets Foundation Inc.


Here are 6 key members and their salaries:


Michael Jordan (Director, Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Whitfield (Director, Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara Daniels (Director, Secretary (Thru 03/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
James Jordan (Director, President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James H Dunlevy (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Mack (Executive Director)
  • Compensation: $0
  • Related: $132,410
  • Other: $5,689


Official website here: www.nba.com/hornets/foundation

Where can I find the form 990 for Charlotte Hornets Foundation Inc?

Charlotte Hornets Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nba.com/hornets/foundation

Learn more at the official website: www.nba.com/hornets/foundation

Mission Statement of Charlotte Hornets Foundation Inc

The Charlotte Hornets Foundation, a charitable organization, is committed to enriching the lives of those in need, particularly children, in the community. Through the strategic investment of time, talents, and treasures, the foundation seeks to support, promote, and enhance significant community initiatives that improve the quality of life for vulnerable individuals, with a special focus on children and youth. The Charlotte Hornets Foundation extends its support to eligible 501(c)(3) organizations that deliver programs aimed at enhancing literacy and education, promoting fitness and wellness, and alleviating hunger. By doing so, the foundation contributes to the holistic development and well-being of the community's underprivileged population.

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Impact




October, 2024

The Charlotte Hornets Foundation Inc significantly enriches the lives of those in need, particularly children, throughout the Charlotte area. By leveraging its connections with players, coaches, and management of the Charlotte Hornets NBA team, the foundation effectively raises awareness about crucial issues such as education, health, fitness, military care, and hunger.

The foundation's commitment to these priorities is reflected in its grant-making initiatives. It identifies impactful community programs and provides financial support to organizations like the Mecklenburg Food and Policy Council, Purple Heart Homes, CharMeck Little Libraries, and Out Teach. These partnerships help address literacy, education, wellness, and food security, thereby enhancing the quality of life for many in the community.

Through its investments of time, talent, and resources, the Charlotte Hornets Foundation promotes and supports vital community efforts, making a tangible difference in the lives of children and youth in the Charlotte area.




This information is meant to be a general summary of Charlotte Hornets Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$410,729 (2022)
Expenses
$276,833 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $727,578

Assets and Liabilities:

  • Total Assets: $931,076
  • Total Liabilities: $284,530
  • Net Assets: $646,546

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Organization Details

Founding Year

2004

Principal Officer

James H Dunlevy Cpa

Main Address

333 EAST TRADE STREET, CHARLOTTE, NC, 28202

NTEE Category

Code: T12 - Philanthropy

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