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Filing year 2024

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION

Charlotte, North Carolina·EIN 46-1113072·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$24.1M
Total assets
$11.2M
Total expenses
$12.8M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Member
Chairman
Member

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$4M

Itemized grants

15

Median grant

$263k

RecipientLocationPurposeAmount
USA BOBSLEDSKELETONCLARKSVILLE, TNGRANT DONATION$525k
USA JUDOCOLORADO SPRINGS, COGRANT DONATION$525k
USA TRIATHOLONCOLORADO SPRINGS, COTRAINING AND OPERATIONS$499k
USA SKATEBOARDINGSOUTH LAKE TAHOE, CAGRANT DONATION$375k
USA FOOTBALLCHICAGO, ILGRANT DONATION$350k
USA TABLE TENNISCOLORADO SPRINGS, COGRANT DONATION$350k
THE AMERICAN CANOE ASSOCIATIONFREDICKSBURG, VAGRANT DONATION$267k
UNITED STATES FIELD HOCKEYCOLORADO SPRINGS, COGRANT DONATION$263k
USA ARCHERYCOLORADO SPRINGS, COGRANT DONATION$263k
US YOUTH SOCCERFRISCO, TXGRANT DONATION$240k
USA PENTATHALONCHARLOTTE, NCGRANT DONATION$150k
USA SYNCHRONIZED SWIMMINGCOLORADO SPRINGS, COSWIMMING TRAINING CAMP$90k
USA TAEKWONDOCHARLOTTE, NCMULTIPLE EDUCATIONAL GRANTS$64k
NATIONAL COLLEGIATE BOXING ASSOCIATIONMILL HALL, PATRAVEL GRANT$25k
USA BADMINTONDENVER, COTRAVEL GRANT$15k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5k
$6.6M
2023
$24.1M
$12.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION

What are NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION's revenue and expenses?

In 2024, NORTH CAROLINA SPORTS LEGACY FOUNDATION FKA PROMOTE THE YOUTH FOUNDATION reported $24.1M in total revenue and $12.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.