Daffy

Charlotte Hornets Foundation Inc.

Charlotte Hornets Foundation Inc.

Charlotte, NC 28202
Tax ID20-0946449

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About this organization

Revenue

$622,966

Expenses

$472,872

Website

nba.com

Mission

THE FOUNDATION SUPPORTS THE ENRICHMENT OF THOSE IN NEED, ESPECIALLY CHILDREN, IN THE CHARLOTTE AREA THROUGH COMMUNITY OUTREACH AND SUPPORTING OTHER ORGS WITH SIMILAR GOALS.

About

ACTIVITIES GENERALLY, THE FOUNDATION USED ITS RELATIONSHIP WITH THE PLAYERS, COACHES, AND MANAGEMENT OF THE CHARLOTTE HORNETS NBA TEAM AS A PLATFORM TO RAISE AWARENESS ABOUT THE IMPORTANCE OF LITERACY, EDUCATION, HEALTH AND FITNESS, MILITARY CARE AND HUNGER. THE FOUNDATION HOSTED THE MY HERO GALA TO RAISE MONEY FOR TWO CAUSES. HALF OF THE NET PROCEEDS FROM THE EVENT WENT TO SUPPORT THE CHARLOTTE HORNETS FOUNDATION WHILE THE OTHER HALF OF THE NET PROCEEDS WENT TO SUPPORT THE NOVANT HEALTH FOUNDATION'S COMMUNITY CARE CRUISER. THE COMMUNITY CARE CRUISER IS A 40-FOOT MOBILE CLINIC THAT PROVIDES IMMUNIZATIONS AND OTHER CLINICAL MEDICAL SERVICES TO THE UNINSURED AND UNDERINSURED CHILDREN IN THE GREATER CHARLOTTE AREA. GRANT MAKING GRANT MAKING WAS THE FOUNDATION'S WAY OF DEMONSTRATING AND DISPLAYING THE FOUNDATION'S COMMITMENT TO THE PRIORITIES OF THE ORGANIZATION AND COMMUNITY IT SERVES. THE FOUNDATION USES ITS COMMUNITY CONTACTS TO IDENTIFY PROGRAMS THAT HAVE THE LARGEST IMPACT TO THE FOUNDATION'S MISSION. GRANTS TO CHILD CARE RESOURCES INC., CROSSROADS CORPORATION, FREEDOM SCHOOL PARTNERS AND THE CHARLOTTE MECKLENBURG LIBRARY FOUNDATION ACCOMPLISHED THAT OBJECTIVE. EDUCATION Education is a priority area for the foundation. Promotional campaigns such as billboards, in-arena public services announcements, as well as community public services announcements, posters, and informational literature were developed using players and coaches of the Charlotte Hornets, as well as community leaders as spokespersons to raise community awareness about literacy.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “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 in the charlotte area. the foundation will support eligible 501(c)(3) organizations that deliver programs that impact literacy and education, fitness and wellness, and hunger.”.

When discussing its purpose, they were characterized as: “The foundation supports the enrichment of those in need, especially children, in the charlotte area through community outreach and supporting other orgs with similar goals.”.

  • The state in which the non-profit is legally authorized to operate is NC, as reported.
  • The filing confirms that the non-profit's address in 2020 was 333 East Trade Street, Charlotte, NC, 28202.
  • The form of the non-profit reports 0 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $150,094.
  • The CEO salary plan within the organization is not subject to review and approval by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 0 independent voting members.
  • The organization was formed in 2004.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $9,435 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.

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