In 2001, our parent organization, Foundation For The Carolinas received a call from then-CEO of Wachovia, now Wells Fargo, to find a way for their employees to make donations to support Wachovia employees and families affected by the tragic events of 9/11. The first Employee Relief Fund was established, leading the way for compassionate companies to support employees in crisis. Nearly two decades later, we continue to partner with Wells Fargo and a broad range of other companies to provide financial relief to employees during unforeseen circumstances.
Since 1958, FFTC has grown to $2.5 billion in total assets, making it the 6th largest community foundation in the United States. FFTC serves as a catalyst for charitable good, connecting companies, individuals and organizations to philanthropic causes of importance to them. What began as a department within the foundation is now known as E4E Relief, a wholly owned subsidiary of Foundation For The Carolinas. We focus on disaster and personal hardship relief efforts as a nonprofit social enterprise. As a subsidiary of FFTC, E4E Relief harnesses the expertise and bandwidth through a shared services model, ensuring an efficiently run organization. Together, we are deeply dedicated to the collective strength of communities, to helping achieve a wide variety of charitable goals, and to inspire philanthropy.