Why was the Foundation created?

The Carolina Meadows Foundation, Inc. was established for the purpose of supporting Carolina Meadows, Inc. It creates a structured vehicle for the generosity that already exists, and it connects our generous gift-givers with the areas of greatest need within the Caroline Meadows community. The Foundation allows a broader pathway for generous donors to contribute to the current and future success of Carolina Meadows, Inc.

Can I make a memorial or tribute gift?

Yes! Any gift to the Carolina Meadows Foundation, Inc. may be designated in memory or honor of a loved one, family member, friend, colleague, caregiver or anyone else you care about. You can easily make memorial gifts online via our Donate Now button.  If you are donating through check, please note on the check who you are honoring. The dollar amount of your gift will not be disclosed.

Is my gift eligible for a tax deduction?

The Carolina Meadows Foundation is a charitable not-for-profit, tax exempt 501(c)(3) organization, employer identification number (EIN): 82-5385916. Your donation will receive an acknowledgement thank you letter with that information. Please always see your tax advisor for specific questions. 

Is Carolina Meadows Foundation, Inc. eligible to receive qualified charitable distributions (QCD)?

No, however, Carolina Meadows, Inc. (CMI) is eligible to receive QCDs. Carolina Meadows Foundation (CMF) is classified by the IRS as a 509(a)(3) supporting organization since it supports Carolina Meadows, Inc. Distributions to a 509(c)(3) supporting organization from an IRA will not qualify as a qualified charitable distribution (QCD) and cannot count towards your required minimum distribution (RMD).

Carolina Meadows, Inc. can receive a donation from your IRA and it will count as a QCD and may count toward your RMD for that tax year. You can designate your gift (such as the Employee Success Fund) and Carolina Meadows, Inc. will appropriately restrict that QCD or RMD for the purpose designated by you. Unrestricted QCD or RMD gifts made to CMI can be transferred to CMF and will be appropriately controlled and designated by the CMF Board. Please see this FAQ for more information regarding QCDs. We encourage you to consult with your tax or financial advisors about your unique situation for guidance on how to minimize your tax liability and maximize the impact of your gift.

Are additional gift types accepted?

Yes, additional gifts may be accepted in accordance with the Carolina Meadows Foundation, Inc. Gift Acceptance Policies. Please contact the Foundation to learn more.

How can I increase the impact of my gift?

Many companies will double the value of charitable gifts made by their employees, board members and retirees. Please check if the company you work for or have retired from has a gift matching program.

If I’ve already included CMF in my will, who should I tell?

Please contact the Foundation if you have already included us in your estate planning. Our goal is to thank you in advance, and ensure your legacy is fulfilled. We would be most happy to confer with you and your advisors to learn more about including Carolina Meadows Foundation in your estate plans. Thank you!