Raised in New Jersey, Nicole describes her childhood home as having been constantly filled with friends and neighbors who surrounded her with love and support. That people-first experience in her childhood fueled Nicole's passion for giving and commitment to serving others. It was further shaped by her uncle and high school athletic coaches – Nicole played sports throughout her youth – who instilled in her the importance of giving back and inspired her to do the same for others in the community. Her experiences showed her that she wanted to dedicate a large part of her life to community efforts. She's most comfortable serving in-person on the front lines – through providing words of support and encouragement, volunteering, and financial donations. She believes in a team-first approach to decision-making and leadership, emphasizing collaboration rather than solo decision making.
Nicole has been active in the Carolinas since purchasing the Panthers in 2018. The couple established the David and Nicole Tepper Foundation (DNTF) in 2020, which values equity and opportunity for all. The DNTF has championed many philanthropic causes from food insecurity to education and has provided millions of dollars in charitable contributions in the region.
In 2022, the Teppers donated $10 million through their foundations to the new Charlotte Mecklenburg Main Library, which is being designed to make technology and library resources more accessible for all. With Nicole on the front lines, the foundations have kicked off each Charlotte-Mecklenburg school year by distributing backpacks and school supplies to thousands of students or gifts to teachers in partnership with Classroom Central, a local organization that provides supplies to students in need.
They have also established the Nicole and David Tepper Scholars Program at the University of South Carolina and contributed to the Panthers' Player Impact Committee, the Levine Children's Hospital in Charlotte, and the Charlotte Ronald McDonald House. Tepper has also contributed to efforts to support Ukrainian refugees through BStrong.