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Foundation for the Carolinas fundholders give more than $150 million in Q2 2026

Sep. 9, 2026
By AI, Created 17:09 UTC, Sep 09, 2026, AGP -

Foundation for the Carolinas says its fundholders granted more than $150 million to nonprofits in the second quarter of 2026, pushing year-to-date giving to nearly $350 million. The Charlotte-based community foundation also reported new funds, scholarship awards and expanded civic and arts programs across the Carolinas.

Why it matters: - Foundation for the Carolinas fundholders are driving major philanthropic dollars to local and national nonprofits, with second-quarter giving topping $150 million. - The pace keeps FFTC on track for another large giving year after a record-setting 2025. - The totals show how donor-advised and other charitable funds continue to shape nonprofit support across the Carolinas and beyond.

What happened: - Foundation for the Carolinas reported that charitable fundholders granted more than $150 million in the second quarter of 2026. - Those gifts were spread across more than 3,700 grants to nonprofits. - The second-quarter totals lifted FFTC’s year-to-date grantmaking to nearly $350 million. - FFTC is based in Charlotte and serves a 13-county region in North and South Carolina. - FFTC is the fifth-largest community foundation in the U.S. out of 800, with assets above $5 billion.

The details: - Fundholders selected the vast majority of grants and directed them to nonprofits of their choosing. - FFTC also distributed grants through scholarship funds, disaster and hardship relief programs, nonprofit endowments and other giving vehicles. - About 2% of total grantmaking was awarded directly by the Foundation to local nonprofits. - Fundholders contributed $109 million into their funds during the quarter, a 114% increase from the first quarter. - Companies, families and nonprofits opened 37 new funds during the period. - FFTC awarded $3.6 million in scholarships to nearly 1,000 students. - The quarterly report covered activity from April 1 to June 30, 2026. - Laura Yates Clark, FFTC president, said the trends seen in 2025 continued as donors kept stepping up for both local and national nonprofits. - FFTC fundholders distributed $1 billion through more than 17,000 grants in 2025.

Between the lines: - The quarter shows an unusually broad base of giving, with donor-directed grants, scholarships and relief programs all moving at once. - The 114% quarter-over-quarter jump in contributions into funds suggests donor momentum accelerated in spring 2026. - FFTC’s mix of arts, civic leadership and direct grantmaking points to a strategy that combines donor stewardship with targeted community programs. - The launch of fftc:FWD.net signals an effort to make nonprofit giving and engagement easier for community members.

What's next: - FFTC’s 2026 giving total will likely keep growing if fundholders maintain second-quarter pacing. - The Foundation will continue using its fund structure, scholarship programs and civic initiatives to channel donor support. - More updates are expected in future quarterly reports, including progress from the K Needs Play Collective Giving Fund and the Robinson Center for Civic Leadership.

The bottom line: - Foundation for the Carolinas is pairing strong donor activity with expanding community programs, and the second quarter delivered one of its biggest snapshots of philanthropic scale in 2026. - More information is available at FFTC's website.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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