Skip to main content

Carolina Small Business Development Fund

RALEIGH, NCEIN: 58-1903219Website

Data sourced from IRS 990 public filings

Carolina Small Business Development Fund OUR MISSION IS TO FOSTER ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES BY PROVIDING CAPITAL, BUSINESS SERVICES, AND POLICY RESEARCH TO SUPPORT SMALL BUSINESSES.

Carolina Small Business Development Fund has received 11 grants from 7 known foundation funders. Revenue decreased from $7,993,989 in 2023 to $7,889,556 in 2024. Most recent reported revenue: $7,889,556.

Annual Revenue

$7,889,556

Known Funders

7

Grants Received

11

Financial History

YearRevenueExpensesAssets
2024$7,889,556$7,524,139$39,156,291
2023$7,993,989$6,939,273$36,552,890
2022$10,484,327$9,336,378$34,372,780
2021$6,416,650$6,271,251$42,816,299
2020$7,982,393$7,169,015$38,671,185
2019$5,600,963$6,866,306$42,296,968
2018$8,969,393$8,153,430$40,644,527
2017$6,835,372$7,048,155$38,007,117

Top Funders

$400,000 (2023)
$150,000 (2021)
$100,000 (2023)
$100,000 (2021)
Wells Fargo Foundation

MINNEAPOLIS, MN

$35,000 (2025)
Wells Fargo Foundation

MINNEAPOLIS, MN

$25,000 (2025)
$17,250 (2022)

Key Personnel

From 2024 IRS 990 filing

T

Tonya Portis

Board Member

K

Kevin Dick

President & CEO

Officer
L

Lori Diaz

VP, Business Solutions

Officer
M

Mark Royster Jr

Senior VP, Chief Credit Officer

Officer
M

Meryl Olson

VP, Chief Financial Officer

Officer
L

Lindsey Brent Allison

Loan Portfolio Director

Highest Compensated
R

Reginold Jones

Business Solutions Director

Highest Compensated
S

Surilma Anuel

Western Women's Director

Highest Compensated
B

Bobby Robinson

Vice Chair

Officer
H

Huntley Garriot

Chair

Officer

Showing 10 of 26 key personnel.

Frequently Asked Questions

Other Nonprofits in North Carolina

All nonprofits in North Carolina

Unlock Full Nonprofit Data

Sign up for free to access the complete funder list, financial history, program details, key personnel, and smart matching.

Unlock full data & AI matching Sign up free

    Carolina Small Business Development Fund (EIN: 58-1903219) - Funders & 990 Data | Signal990