FOUNDATION FOR THE CAROLINAS
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,934,238,899
Investments
97%
Cash & Equivalents
2%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$86,656,693
Grants Payable
91%
Payables & Accruals
9%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$42,014,011
$83,601,892
+99%
Receivables (Non-Related)
$202,443,818
$24,657,265
-88%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$14,387
$31,525
+119%
Investments
$3,193,865,890
$3,819,350,483
+20%
Property, Plant, & Equipment (net)
$5,765,783
$5,810,734
+1%
Other Assets
$48,656,255
$787,000
-98%
Total Assets
$3,492,760,144
$3,934,238,899
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$6,164,669
$7,743,837
+26%
Grants Payable
$86,390,143
$78,912,856
-9%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$92,554,812
$86,656,693
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$1,000,234,413
$1,296,270,067
+30%
Unrestricted Net Assets
$2,399,970,919
$2,551,312,139
+6%
Net assets
2023
2024
Change
Net assets
+$3,400,205,332
+$3,847,582,206
+13%
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