Carolina Small Business Development Fund
Carolina Small Business Development Fund
Want to make a donation using Daffy?
Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.
Do you work for Carolina Small Business Development Fund? Learn more here.
By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.
About this organization
Mission
To provide capital, business services, and policy research that results in thriving small businesses and drives economic development in under-served communities.
About
Carolina Small Business Development Fund is a certified community development financial institution (CDFI). In 2010, the organization launched its small business revolving loan fund program (SBRLF), targeting underserved communities and populations that find it difficult to access capital. The organization also provides financial training and technical assistance to start-ups and existing businesses and lending services to community-based organizations.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “Our mission is to foster economic development in underserved communities by providing capital, business services, and policy research to support small businesses.”.
When referring to its responsibilities, they were outlined as: “Our mission is to foster economic development in underserved communities by providing capital, business services, and policy research to support small businesses.”.
- The state in which the non-profit is legally registered to operate is NC, as per legal records.
- The filing documents the non-profit's address in 2020 as 3128 HIGHWOODS BLVD SUITE 170, RALEIGH, NC, 27604.
- According to the non-profit's form, they have 54 employees on their payroll 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 greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $815,963.
- The CEO remuneration plan within the organization is subject to review and approval by an independent source.
- The organization has a written policy that delegates the management duties.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 15 independent voting members.
- The organization was formed in 1990.
- 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 J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $3,362,879 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization's financial statements were reviewed by an accountant.