CMS FOUNDATION

CHARLOTTE, NC, 28217-1589 (704) 973-4500 Est. 2003 EIN 20-0258541
B112— Education Form 990 501(c)(3)
WWW.CMS-FOUNDATION.ORG

Mission

THE CMS FOUNDATION INVESTS IN INNOVATION TO HELP CHARLOTTE-MECKLENBURG SCHOOLS (CMS) ADDRESS BIG CHALLENGES AND EXPAND OPPORTUNITIES FOR OUR STUDENTS AND EDUCATORS. AS THE NONPROFIT FUNDRAISING PARTNER FOR CHARLOTTE MECKLENBURG SCHOOLS, WE HARNESS THE POWER OF PHILANTHROPY TO SEED INNOVATIVE IDEAS AND ACCELERATE SYSTEM-WIDE TRANSFORMATION.

Giving Portfolio

Total Grants
5
Total Giving
$7.6M
Recipients
5
Years Active
2019 - 2023
Avg grant: $1,513,603 Median: $1,218,740

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20231$1.2M $1.2M01
20221$1.3M $1.3M01
20211$1.1M $1.1M01
20201$2.9M $2.9M01
20191$1.1M $1.1M10

Top States

North Carolina
5

Top Grantees

CHARLOTTE MECKLENBURG SCHOOLS
NC - 5 grants
$7.6M

Financials

Total Revenue
$2,587,340
Total Expenses
$1,706,391
Net Assets
$3,343,867
13 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
23.5 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 100.2%
Expenses ↑ 3.2%
Revenue Sources
Contributions 92.0% Other 8.0%
Expense Breakdown
Program 84.5% Management 13.5% Fundraising 2.0%

Officers & Trustees (15)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2023 Form 990$2,587,340 $1,706,391$3,343,867
2022 Form 990$1,292,506 $1,653,238$2,319,495
2021 Form 990$1,442,639 $1,573,615$2,429,009
2020 Form 990$3,841,369 $3,256,557$2,648,221
2019 Form 990$2,685,676 $1,430,220$2,035,073

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EIN: 20-0258541 · Source: IRS Form 990 e-file data