Ten Oaks Philanthropic Fund
Utilizing Investment Gains to Optimize Quality of Life for Charlotte Residents
Ten Oaks’ Founders established and funded the Ten Oaks Philanthropic Fund to provide financial and operating resources to enhance education, career, entrepreneurship, and family service access for high opportunity families in the Charlotte community.
Once the Ten Oaks Philanthropic Fund successfully sets up prototypes for its key initiatives in Charlotte, the Ten Oaks’ Founders are most focused on expanding these programs geographically into their respective hometowns of Baltimore, MD and Los Angeles, CA.
Below are the key initiatives of the Ten Oaks Philanthropic Fund:
Ten Oaks’ Founders established and funded the Ten Oaks Philanthropic Fund to provide financial and operating resources to enhance education, career, entrepreneurship, and family service access for high opportunity families in the Charlotte community.
Below are the key initiatives of the Ten Oaks Philanthropic Fund:
College Access
Through CLTRising, TOPF helps high-potential, lower income students in Charlotte-Mecklenburg matriculate to Ivy League and other highly competitive colleges with meaningful financial aid support.
Entrepreneurial Access
Through CLTImpact, TOPF partnerswith other local community leaders to offer low-dilution growth equity funding.
Family Partnerships
Through CLTRising , TOPF supports high-opportunity families in Charlotte-Mecklenburg through holistic wraparound services that span from social services coordination to healthcare to tutoring to transportation in order to enable these to maximize their quality of life.
Athletic Access
Community Alliances
Ten Oaks’ founders are dedicated to allocating a portion of their investment gains to social impact, particularly to CLTRising, a non-profit organization founded by Matt Magan focused on helping high-potential, lower income students in Charlotte-Mecklenburg matriculate to Ivy League and other highly competitive colleges.
Through working with Foundation for the Carolinas in helping to accept and coordinate gifts of closely held business interests, Ten Oaks will donate at least $250,000 per transaction to CLTRising and other Ten Oaks’ philanthropic efforts.