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THE DAVID & NICOLE TEPPER FOUNDATION ANNOUNCES COMMITMENT OF GRANT FUNDING TO ALL FOOD BANKS IN THE CAROLINAS

THE DAVID & NICOLE TEPPER FOUNDATION ANNOUNCES COMMITMENT OF GRANT FUNDING TO ALL FOOD BANKS IN THE CAROLINAS

– This commitment includes special, one-time grants to each of the 10 food banks serving North and South Carolina, as well as increased annual gifts to each food bank in early 2026 –

CHARLOTTE (June 25, 2025)The David & Nicole Tepper Foundation (DNTF) today announced grants to support each of its partner food banks across North and South Carolina. This represents the largest single commitment in the Foundation’s history and reflects the Teppers’ ongoing dedication to address food insecurity, directly funding each of the 10 food banks serving the Carolinas.

“This generous grant from The David & Nicole Tepper Foundation will help us continue providing nutritious food to thousands of families across the 15 counties we serve in Northeastern North Carolina,” said Liz Reasoner, Executive Director of Food Bank of the Albemarle. “We are truly grateful for this support. It comes at a time when food insecurity is rising, and resources are stretched thin. While this funding makes a meaningful impact, the need continues to outpace what we can currently provide — especially with recent reductions in federal support and donated food. Continued investment from our community and partners is essential to ensure every neighbor has access to the food they need to thrive.”

These grants come at a critical time as partner food banks report a decrease in public funding and food donations coupled with increased operating costs and a significant rise in demand. Food insecurity in the Carolinas has been a core pillar of the Teppers’ philanthropy since acquiring the Carolina Panthers in 2018.

“When we learned of the growing strain on our partner food banks, it was important for us to respond and to do so quickly,” said David and Nicole Tepper. “Our communities are facing a food crisis and each of these organizations are on the front lines addressing that basic need. We want to ensure they have the resources to continue to serve a growing community who rely on them day in and day out.”

In addition to addressing the immediate, critical need of these food banks with special, one-time grants, The David & Nicole Tepper Foundation provides annual support to each of its partner food banks throughout the Carolinas. In February 2025, the Foundation announced a 15 percent increase from the previous year.

Grants will be dispersed to the following organizations:

• Food Bank of the Albemarle
• Food Bank of Central and Eastern North Carolina
• Golden Harvest Food Bank
• Harvest Hope Food Bank
• Inter-Faith Food Shuttle and Bank
• Lowcountry Food Bank
• MANNA Food Bank
• Second Harvest Food Bank of Metrolina
• Second Harvest Food Bank of Northwest North Carolina
• Second Harvest Food Bank of Southeast North Carolina

About the David & Nicole Tepper Foundation (DNTF):

Established in 2020, The David & Nicole Tepper Foundation invests capital and expertise to address the most pressing issues of our time through innovative, effective, and nimble solutions with a special focus on community-based projects. While the organization supports a number of initiatives, its core focus areas are food insecurity, basic needs, education, and disaster relief. As its founders and namesakes, David and Nicole Tepper remain fervently committed to addressing societal ails and inequities, both on a national and local scale.

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Food Bank of the Albemarle serves our neighbors across northeastern North Carolina every day, and we couldn't do it without your support. Thank you!

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