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Filing year 2023

CHARLOTTE HORNETS FOUNDATION INC

Charlotte, North Carolina·EIN 20-0946449·NTEE T12 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$655k
Total assets
$1.6M
Total expenses
$1.3M
Reported officers
11
Mission

THROUGH THE INVESTMENT OF TIME, TALENTS, AND TREASURE, THE CHARLOTTE HORNETS FOUNDATION WILL SUPPORT, PROMOTE, AND ENHANCE IMPORTANT COMMUNITY EFFORTS THAT ENRICH THE QUALITY OF LIFE FOR THOSE IN NEED, ESPECIALLY CHILDREN AND YOUTH (CONTINUED IN SCH O)IN THE CHARLOTTE AREA. THE FOUNDATION WILL SUPPORT ELIGIBLE 501(C)(3) ORGANIZATIONS THAT DELIVER PROGRAMS THAT IMPACT LITERACY AND EDUCATION, THE MILITARY, FITNESS AND WELLNESS, AND HUNGER, AND RUN PROGRAMS THAT HAVE THE SAME AIM.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina.

Executive Director
Below 10th percentile
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CHARLOTTE HORNETS FOUNDATION INC equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

This organization (2023)
0.9%
Sector median
8%
Middle half of sector
3% to 18%

Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 6%
from 2022

From $11k in 2022 to $12k in 2023.

$11k
2022
$12k
2023
In today's dollarsEst.
Up 2% in real terms$12k to $13k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue fell 51%.

$11k in 2022 to $12k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CHARLOTTE HORNETS FOUNDATION INC

What does the Chief Executive Officer of CHARLOTTE HORNETS FOUNDATION INC earn?

In 2023, the Chief Executive Officer of CHARLOTTE HORNETS FOUNDATION INC received $11,528 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CHARLOTTE HORNETS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2023 pay of the Chief Executive Officer at CHARLOTTE HORNETS FOUNDATION INC falls in the bottom 10%. In 2023, the highest total compensation at CHARLOTTE HORNETS FOUNDATION INC equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

What are CHARLOTTE HORNETS FOUNDATION INC's revenue and expenses?

In 2023, CHARLOTTE HORNETS FOUNDATION INC reported $655k in total revenue and $1.3M in total expenses on its IRS Form 990.

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