Foundation for the Carolinas tops $2.1B in assets

Foundation for the Carolinas tops $2.1B in assets

Foundation for the Carolinas has surpassed $2.1 billion in assets, elevating it to sixth place among the nation’s 800 community foundations. In all, the Charlotte-based foundation distributed 17,000 grants totaling $312 million on behalf of donors in 2016, which is $28 million more than in 2015. That’s also nearly double what was given out five years ago.

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