Carolina Meadows Foundation Inc is located in Chapel Hill, NC. The organization was established in 2019. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Meadows Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CAROLINA MEADOWS, INC. THROUGH SOLICITATION OF FUNDS AND MANAGEMENT OF SUCH FUNDS OR PROPERTY TO SUPPORT THE PROGRAMS AND SERVICES OF CAROLINA MEADOWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF CAROLINA MEADOWS FOUNDATION, INC. IS TO SOLICIT AND RECEIVE GIFTS, GRANTS, BEQUESTS AND CONTRIBUTIONS FOR THE SUPPORT OF CAROLINA MEADOWS, INC. AND CAROLINA MEADOWS HOME CARE TO ENHANCE OR EXTEND ITS MISSION, PROGRAMS, SERVICES, AND FACILITIES.PROGRAM SERVICES:FUNDRAISING - FOUNDATION CONTINUED TO COLLECT FUNDS, SHARPEN MESSAGES AND BROADEN ITS REACH TO THE CAROLINA MEADOWS COMMUNITY. FUNDRAISING IS PRIMARILY TO SOLICIT, ACCEPT AND ACQUIRE BY GIFT, DEVISE, BEQUEST OR OTHERWISE, DONATIONS OF MONEY AND PROPERTY FOR(CONTINUED ON SCHEDULE O)THE SUPPORT AND MAINTENANCE OF CAROLINA MEADOWS, INC. AND TO HOLD, MANAGE, ADMINISTER, USE, AND INVEST SUCH MONEY OR PROPERTY.THE FOUNDATION INITIATED A PILOT FOR CERTIFIED NURSING ASSISTANCE (CAN) SCHOLARS PROGRAM TO BENEFIT CAROLINA MEADOWS, INC. CAROLINA MEADOWS, INC. CONTINUES TO USE THIS PROGRAM TO SUPPORT EMPLOYEE TRAINING AS CERTIFIED NURSING ASSISTANTS, WORKING AS NURSES, UNTIL THEY COMPLETE THEIR CNA CERTIFICATION. AT THAT TIME, THE SCHOLARS BEGAN WORK AS CNAS IN VARIOUS SETTINGS ACROSS THE CAROLINA MEADOWS CAMPUS. IT WAS ALSO A PARTNERSHIP WITH CENTRAL CAROLINA COMMUNITY COLLEGE AND THEIR STATE-OF-THE-ART NEW CHATHAM HEALTH SERVICES CENTER LOCATED CLOSE TO CAROLINA MEADOWS. THE PROGRAM USED A UNIQUE APPROACH TO ADDRESS A CRITICAL SHORTAGE FOR CNAS, CONNECTED NEW CNAS WITH RETIRED RESIDENT NURSES AND BENEFITTED RESIDENTS ACROSS OUR ENTIRE COMMUNITY. THE PILOT WORKFORCE DEVELOPMENT PROGRAM WAS SUCCESSFUL, AND CAROLINA MEADOWS, INC. HAS SINCE OPERATIONALIZED THE PROGRAM WITHOUT FOUNDATION SUPPORT.THE FOUNDATION HAS AN EMPLOYEE EMERGENCY FUND WHICH WAS USED FOR AN EMPLOYEE EMERGENCY ASSISTANCE PROGRAM. THIS PROGRAM HELPS EMPLOYEES WITH UNEXPECTED CRITICAL EXPENSES THAT AFFECT THEIR ABILITY TO WORK AND/OR THEIR SAFETY AND WELLBEING. IN 2023, MORE THAN THIRTY EMPLOYEES RECEIVED ESSENTIAL SUPPORT THROUGH THIS PROGRAM. THESE FINANCIAL AWARDS WERE MADE DIRECTLY TO BUSINESSES TO COVER EMPLOYEE EXPENSES RELATED TO HOUSING, UTILITIES, HEALTH CARE AND TRANSPORTATION COSTS.THE FOUNDATION HELPED TO CREATE A NEW AMENITY ON THE CAMPUS OF CAROLINA MEADOWS, INC. CALLED THE MEMORIAL GROVE. IT WAS A RESIDENT-INITIATED PROJECT WHICH CAME TO FRUITION THROUGH THE FOUNDATION AND PRIVATE GIFTS TO THE FOUNDATION. THE MEMORIAL GROVE PROVIDES A PLACE OF BEAUTY AND SOLITUDE FOR THE REMEMBRANCE OF RESIDENTS OF CAROLINA MEADOWS WHO CHOOSE TO HAVE THEIR NAMES MEMORIALIZED AND/OR DESIGNATE MEMORIAL GROVE AS THE FINAL RESTING PLACE FOR THEIR ASHES. THE MEMORIAL AREA IS ACCENTED WITH FOUR CURVED STONE WALLS AND USES A PEDESTAL BACK PLATE SYSTEM FOR PERSONALZIED NAME PLAQUES. THE MEMORIAL GROVE NOW SERVES AS A RESTFUL AND PEACEFUL PLACE OF REMEMBRANCE AND MEDITATION FOR THOSE LOVED ONES WHO HAVE PASSED BEFORE US AND NOW IS A CHERISHED AND VALUED PLACE OF REFLECTION FOR THE RESIDENTS OF CAROLINA MEADOWS, INC.THE FOUNDATION ALSO ACCEPTED DONATIONS FOR SPECIFIC FUNDS THAT ENHANCE THE COMMUNITY, INCLUDING SUPPORT OF EMPLOYEE TEAM MEMBERS AND CONTINUED TO BROADEN THE COMMUNITY REACH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pat Mandell Member | OfficerTrustee | 1 | $0 |
Bill Lehrburger Vice Chair | OfficerTrustee | 1 | $0 |
Hugh Tilson Secretary | OfficerTrustee | 1 | $0 |
Robin Mcduffie Treasurer | OfficerTrustee | 1 | $0 |
Dr Bryan Member | Trustee | 1 | $0 |
Judy Jones Ex-Officio | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,246,852 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,246,852 |
Total Program Service Revenue | $0 |
Investment income | $50,524 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $31,313 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,328,689 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $592,677 |
Grants and other assistance to domestic individuals. | $32,571 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,510 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $630,236 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $316,205 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $2,010,559 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,326,764 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $83,432 |
Total liabilities | $83,432 |
Net assets without donor restrictions | $2,076,834 |
Net assets with donor restrictions | $166,498 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,326,764 |
Over the last fiscal year, Carolina Meadows Foundation Inc has awarded $575,453 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
SOUTHERN ORAL HISTORY PROJECT AT UNC CHAPEL HILL PURPOSE: CONTRIBUTIONS TO SUPPORT THE PANDEMIC AT CAROLINA MEADOWS ORAL HISTORY PROJECT | $18,000 |
CAROLINA MEADOWS INC PURPOSE: SUPPORT OF CAROLINA MEADOWS EFFORTS TO REWARD CAROLINA MEADOWS EMPLOYEES THAT SERVE CM RESIDENTS | $521,297 |
WARREN GENTRY & ASSOCIATES PURPOSE: TO PAY FOR THE VIDEO DOCUMENTARY OF THE PANDEMIC AT CAROLINA MEADOWS HISTORY PROJECT | $36,156 |