Falfurrias Capital Partners Foundation Inc
- Assets
- $1.1m
- Revenue
- $504.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- Data as of
- 12/2023
- EIN
- 87-3952960
Organization Overview
Falfurrias Capital Partners Foundation Inc is located in Charlotte, NC. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Falfurrias Capital Partners Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Falfurrias Capital Partners Foundation Inc generated $504.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.4%) each year.
Since 2022, Falfurrias Capital Partners Foundation Inc has awarded 30 individual grants totaling $765,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH DONATION TO THE FOUNDATION FOR THE CAROLINAS MCCOLL FUND.
CASH DONATION TO HABITAT CHARLOTTE REGION FOR THE 2023 CARTER WORK PROJECT.
CASH DONATION TO THE JUNIOR ACHIEVEMENT OF CENTRAL CAROLINAS FOR BUSINESS HALL OF FAME.
CASH DONATION TO THE CHILDRENS ATTENTION HOME FOR HEART OF THE HOME ANNUAL PARTNERSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc D Oken President | 0 | $0 | |
W Edwin Mcmahan Jr Secretary | 0 | $0 | |
Joseph J Schonberg Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,734 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $504,734 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $278,650 |
| Total expenses and disbursements | $278,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,088,784 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,088,784 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Falfurrias Capital Partners Foundation Inc has awarded $628,650 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
JUNIOR ACHIEVEMENT OF CENTRAL CAROLINAS PURPOSE: GENERAL SUPPORT | $2,500 |
UNIVERSITY OF VIRGINIA - VIRGINIA FUND PURPOSE: THE RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA | $3,000 |
VENTURE FOR AMERICA PURPOSE: GENERAL SUPPORT | $5,000 |
CRISIS ASSISTANCE MINISTRY PURPOSE: GENERAL SUPPORT | $5,000 |
LOAVES AND FISHES PURPOSE: GENERAL SUPPORT | $5,000 |
AMERICA'S WARRIOR PARTNERSHIP PURPOSE: SPONSORSHIP OF 2023 DC EVENT | $5,000 |