The Leading on Opportunity council is reshaping the way the community looks at economic mobility, from improving access to preschool to increasing funds for affordable housing.

When Hurricane Florence hit the Carolina coast in September, thousands of residents were forced to flee the dangerous storm and were left with the daunting task of rebuilding. Foundation For The Carolinas created the Hurricane Florence Response Fund to offer relief to those in greatest need.  

Look back at our 2019 Annual Meeting. The Foundation shared updates on housing, opportunity initiatives and hurricane relief. While keynote speakers chefs José Andrés and Vivian Howard discussed the power of food to heal communities, strengthen change and provide relief in times of need.

Affordable housing is a critical component for fostering upward mobility and creating vibrant communities.

To address the affordable housing shortage, Foundation For The Carolinas kickstarted a new privately-financed Housing Opportunity Investment Fund with a $5 million program-related investment, the largest of its kind in FFTC’s history.

After the sale of the Carolina Panthers, minority owner Derick Springsteen Close contributed $30 million to the Springsteen Foundation, a donor advised fund held at FFTC. The money represented a sizeable percentage of the total proceeds that he realized from the sale of the team to David Tepper.