Carolinas Club Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO RAISE FUNDS TO FINANCIALLY SUPPORT THE PROFESSIONAL DEVELOPMENT OF CAROLINAS CLUB MANAGERS AND STUDENT CHAPTERS THROUGH EDUCATION AND TRAINING. THE ORGANIZATION IS COMMITTED TO SUPPORTING AND CONTRIBUTING TO THE DEVELOPMENT, GROWTH, AND IMAGE OF THE CLUB MANAGEMENT INDUSTRY.
- Income
- $100,424
- Spending
- $97,282
- Reserves
- 58.9 months of spending
- Largest source of income
- other income, 65%
Source: Form 990EZ for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 58.9 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Source: Form 990EZ for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $43,500 spent. BENEVOLENCE: FROM TIME TO TIME, THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO MEMBERS OF THE CAROLINAS CHAPTER CMAA AND THEIR EMPLOYEES WHO HAVE EXPERIENCED UNDUE HARDSHIP RESULTING FROM A NATURAL DISASTER, MEDICAL NEED, OR ECONOMIC CIRCUMSTANCES. APPLICATIONS ARE REQUIRED AND ANY ASSISTANCE IS APPROVED BY THE FOUNDATION BOARD.
- $39,096 spent. SCHOLARSHIP: THE FOUNDATION PROVIDES FUNDING AND OTHER OPPORTUNITIES FOR THE EDUCATION AND DEVELOPMENT OF CLUB PROFESSIONALS.
Source: Form 990EZ for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending October 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Foundation for the Carolinas (Charlotte, NC), EIN 56-6047886. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.