Foundation for the Carolinas

The next leader of Foundation for the Carolinas knows Charlotte and the organization well: After searching for nearly two years, the community foundation’s board has named Cathy Bessant as its next president and CEO.

The Foundation For The Carolinas makes the first round of grants to business within the Corridors of Opportunity.

The coronavirus pandemic has helped speed the establishment of employee disaster relief programs at companies nationwide. That's bringing more business to Charlotte-based E4E Relief, a subsidiary of the Foundation For The Carolinas that runs these kinds of programs.

Years of delays due to unexpected environmental problems and the COVID-19 pandemic have pushed back reopening of the historic Carolina Theatre in uptown Charlotte. But Michael Marsicano of the Foundation for the Carolinas said it's on track for the fall of 2022. In a talk to the World Affairs Council of Charlotte, he also addressed giving during the pandemic and the ASC's recent apology over past inequities in grantmaking.

Charlotte voters are being asked to approve another $50 million in bonds for affordable housing this fall. Those public investments have gotten most of…

The Foundation for the Carolinas has received a $2.3 million loan from the federal Paycheck Protection Program, money its CEO says will help avert layoffs…

Charlotte's COVID-19 Response Fund has handed out its first $3 million in grants, to help Mecklenburg County residents affected by the coronavirus…

Stephanie Cooper-Lewter, who was tapped in 2018 to lead Charlotte's quest to shed it's "50th of 50" label for lack of economic opportunity, will leave to…

The Foundation for the Carolinas is coming under renewed scrutiny this week over donations to an anti-immigration group from one of the funds it manages.…

It's been two years since a task force of Charlotte leaders published the Leading on Opportunity report. It outlined 21 strategies to improve economic…