Overview

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Est.

2000

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The KAPPA FOUNDATION OF CHARLOTTE, with EIN 56-2192985, is a nonprofit organization dedicated to providing scholarships and financial aid to foster the development of young men in the Charlotte community as model citizens. With an operating budget of $365.9K and total revenue of $494.7K for the 2024 filing year, the foundation relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. The organization's mission emphasizes charitable and educational efforts to cultivate scholastic achievement and community engagement among youth.

Mission Statement

Our Mission is deemed to be charitable and educational as broadly defined. We aim to foster and develop young men in our community to be model scholastic and community citizens.
Revenues
$494.7K
Expenses
$365.9K
Net Income:
+$128.8K
Assets
$1.3M
Liabilities
$0
Net Assets:
+$1.3M
Operating Budget
$365.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$16.7K
Largest grant received
$32.7K
C
Chris Sherman
Board Member
W
Wesley Griffin
Board Member
D
Don Hollis
Board Member

Frequently Asked Questions

What is KAPPA FOUNDATION OF CHARLOTTE’s budget?
In 2024, KAPPA FOUNDATION OF CHARLOTTE reported an annual operating budget of around $366 thousand. More detailed financial information is available to registered users.
What causes does KAPPA FOUNDATION OF CHARLOTTE support?
KAPPA FOUNDATION OF CHARLOTTE supports work in Scholarships & Financial Aid.
Where does KAPPA FOUNDATION OF CHARLOTTE operate?
KAPPA FOUNDATION OF CHARLOTTE is headquartered in Charlotte, NC.
Who funded KAPPA FOUNDATION OF CHARLOTTE recently?
In 2025, KAPPA FOUNDATION OF CHARLOTTE received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant KAPPA FOUNDATION OF CHARLOTTE received in 2024?
The largest grant to KAPPA FOUNDATION OF CHARLOTTE in 2024 exceeds $33 thousand.