Foundation For The Carolinas inspires philanthropy and empowers individuals to create a better community.
Beyond Open is a competitive grant program targeted at enhancing economic mobility within Charlotte's Corridors of Opportunity by supporting diverse small businesses. It offers financial assistance for capital assets such as equipment, technology, inventory, and real estate. The program plans to distribute $15 million across three rounds, with individual awards ranging from $10,000 to $150,000. The grants, aimed at minority, woman, veteran, LGBTQ+, and disabled small business owners, aim to facilitate business growth without the burden of repayment. However, recipients are advised to consult tax professionals regarding potential tax implications.