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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Community Investments Foundation

Community Investments Foundation

Fiscal year ending 2021. Filed on November 15, 2022.

220 N Tryon Street
Charlotte, North Carolina 28202

Community Investments Foundation (EIN: 45-6930128) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Community Investments Foundation, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $366,409. The highest compensated employee at Community Investments Foundation is Michael Marsicano with fiscal year 2021 compensation of $919,971.

Revenue, expenses, and employee compensation

Revenue

$21,788,464

Expenses

$20,921,475

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Marsicano
President
$919,971
$0 $765,136 $154,835
Laura Smith
Executive Vice President
$500,087
$0 $413,043 $87,044
Nikhil Sawant
Executive Vice President
$485,649
$0 $391,644 $94,005
Holly K Welch
Executive Vice President
$484,878
$0 $426,274 $58,604
Douglas W Benson
Senior Vice President and In-House Counsel
$258,583
$0 $220,873 $37,710
Alyssa Federico
Senior Vice President, Finance
$240,654
$0 $211,893 $28,761
Elizabeth Kiser
Senior Vice President, Philanthropic Advancement
$24,453
$0 $22,299 $2,154
Evan Wolkofsky
Deputy General Counsel and Vice President
$17,000
$0 $17,000 No other comp
Robin Barefoot
Associate General Counsel and Vice President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Chris Poplin
Director
Kieth Cockrell
Director
Todd W Mansfield
Chair
W Barnes Hauptfuhrer
Vice Chair

Contractors

Foundation for the Carolinas
Administrative Fees
$497,092

Mission Statement

COMMUNITY INVESTMENTS FOUNDATION (CIF) RECEIVES AND MANAGES GIFTS OF BUSINESS INTERESTS OR OTHER UNIQUE ASSETS, UNTIL THEY CAN BE LIQUIDATED, WITH THE PROCEEDS USED IN SUPPORT OF VARIOUS CHARITABLE ORGANIZATIONS.

Revisions to this organization profile

November 17, 2025:
2024 Community Investments Foundation 990 filed
November 15, 2024:
2023 Community Investments Foundation 990 filed
November 14, 2023:
2022 Community Investments Foundation 990 filed

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