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ObjectId: 201713199349318221 - Submission: 2017-11-15
TIN: 56-6047886
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Information about Schedule R (Form 990) and its instructions is at
www.irs.gov/form990
.
OMB No. 1545-0047
20
16
Open to Public Inspection
Name of the organization
Foundation for the Carolinas
Employer identification number
56-6047886
Part I
Identification of Disregarded Entities
Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
(1)
E4E RELIEF LLC
220 North Tryon Street
Charlotte
,
NC
28202
Grantmaking
NC
-3,166,127
11,274,438
Foundation For The Carolinas
Part II
Identification of Related Tax-Exempt Organizations
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))
(f)
Direct controlling
entity
(g)
Section 512(b)(13) controlled entity?
Yes
No
(1)
Greater Charlotte Cultural Trust
220 North Tryon Street
Charlotte
,
NC
28202
82-0576292
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
No
(2)
Foundation for the Charlotte Jewish Community
220 North Tryon Street
Charlotte
,
NC
28202
31-1501858
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(3)
The Crosland Foundation
220 North Tryon Street
Charlotte
,
NC
28202
56-6557259
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(4)
Foundation for the Mint Museum
220 North Tryon Street
Charlotte
,
NC
28202
20-2749804
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
No
(5)
The JA Turner Family Foundation
220 North Tryon Street
Charlotte
,
NC
28202
56-2162208
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(6)
United Way Legacy Foundation
220 North Tryon Street
Charlotte
,
NC
28202
56-2277050
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(7)
The Ginter Foundation
220 North Tryon Street
Charlotte
,
NC
28202
26-1600836
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(8)
Carolina Thread Trail
220 North Tryon Street
Charlotte
,
NC
28202
26-1528527
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(9)
Charlotte Children's Scholarship Fund
220 North Tryon Street
Charlotte
,
NC
28202
51-0462802
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(10)
Community Investments Foundation
220 North Tryon Street
Charlotte
,
NC
28202
45-6930128
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(11)
Community Real Property Holdings
220 North Tryon Street
Charlotte
,
NC
28202
45-5258321
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(12)
Charlotte Mecklenburg Library Foundation
220 North Tryon Street
Charlotte
,
NC
28202
46-1172548
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
No
(13)
QUEENS UNIVERSITY OF CHARLOTTE ENDOWMENT
220 North Tryon Street
Charlotte
,
NC
28202
47-2298734
GRantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
No
(14)
Seymour Foundation
220 North Tryon Street
Charlotte
,
NC
28202
81-3099131
Grantmaking
NC
501(c)(3)
509(A)3
Foundation for the Carolinas
Yes
(15)
CMS Foundation
4421 Stuart Andrew Blvd Ste 100
Charlotte
,
NC
28217
20-0258541
Grantmaking
NC
501(c)(3)
509(C)(3
Foundation for the Carolinas
Yes
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2016
Page 2
Schedule R (Form 990) 2016
Page
2
Part III
Identification of Related Organizations Taxable as a Partnership
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes
No
Schedule R (Form 990) 2016
Page 3
Schedule R (Form 990) 2016
Page
3
Part V
Transactions With Related Organizations
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note.
Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1
During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a
Receipt of
(i)
interest,
(ii)
annuities,
(iii)
royalties, or
(iv)
rent from a controlled entity
.....................
1a
No
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
Yes
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
Yes
d
Loans or loan guarantees to or for related organization(s)
............................
1d
No
e
Loans or loan guarantees by related organization(s)
............................
1e
No
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
No
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
No
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
No
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
No
o
Sharing of paid employees with related organization(s)
............................
1o
No
p
Reimbursement paid to related organization(s) for expenses
............................
1p
No
q
Reimbursement paid by related organization(s) for expenses
............................
1q
Yes
r
Other transfer of cash or property to related organization(s)
............................
1r
No
s
Other transfer of cash or property from related organization(s)
............................
1s
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1)
Foundation for the Charlotte Jewish Community
B
426,000
(2)
Community Investments Foundation
C
30,872,207
(3)
Community Real Property Holdings
C
652,790
(4)
Greater Charlotte Cultural Trust
B
194,152
(5)
Carolina Thread Trail Foundation
B
119,423
(6)
Community Investments Foundation
B
400,000
Schedule R (Form 990) 2016
Page 4
Schedule R (Form 990) 2016
Page
4
Part VI
Unrelated Organizations Taxable as a Partnership
Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income
(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Yes
No
Schedule R (Form 990) 2016
Page 5
Schedule R (Form 990) 2016
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference
Explanation
Schedule R (Form 990) 2016
Additional Data
Software ID:
Software Version: