Community Foundation Of West Georgia Inc is located in Carrollton, GA. The organization was established in 2002. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of West Georgia Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of West Georgia Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Community Foundation Of West Georgia Inc generated $13.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $5.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Of West Georgia Inc has awarded 544 individual grants totaling $43,296,723. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF THE WEST GEORGIA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDS TO VARIOUS COMMUNITY NON-PROFIT ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kim Jones President | 40 | $89,115 | |
Melina Douthit Vice Chair | OfficerTrustee | 1 | $0 |
Andrea Chapman Secretary | OfficerTrustee | 1 | $0 |
Richard Davis Chairman | OfficerTrustee | 1 | $0 |
Bobby Stewart Trustee | Trustee | 1 | $0 |
Timothy Grizzard Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $6,655,082 |
Noncash contributions included in lines 1a–1f | $3,983,071 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,655,082 |
Total Program Service Revenue | $365,230 |
Investment income | $2,977,996 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,147,806 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,146,114 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,437,351 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $89,115 |
Compensation of current officers, directors, key employees. | $44,558 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $92,589 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,647 |
Payroll taxes | $19,750 |
Fees for services: Management | $0 |
Fees for services: Legal | $50 |
Fees for services: Accounting | $16,120 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $826 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,119 |
Travel | $179 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,014 |
Insurance | $7,477 |
All other expenses | $10,562 |
Total functional expenses | $5,737,647 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $429,285 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $23,888 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $235,159 |
Investments—publicly traded securities | $33,432,218 |
Investments—other securities | $69,192,833 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2 |
Total assets | $103,313,385 |
Accounts payable and accrued expenses | -$780 |
Grants payable | $252,235 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $515 |
Total liabilities | $251,970 |
Net assets without donor restrictions | $674,788 |
Net assets with donor restrictions | $102,386,627 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $103,313,385 |
Over the last fiscal year, Community Foundation Of West Georgia Inc has awarded $5,325,953 in support to 78 organizations.
Grant Recipient | Amount |
---|---|
CITY OF CARROLLTON PURPOSE: PROGRAM | $2,907,182 |
Carrollton, GA PURPOSE: PROGRAM | $229,316 |
Atlanta, GA PURPOSE: PROGRAM | $106,106 |
Atlanta, GA PURPOSE: PROGRAM | $101,000 |
Carrollton, GA PURPOSE: PROGRAM | $85,000 |
Madison, GA PURPOSE: PROGRAM | $78,818 |
Over the last fiscal year, we have identified 10 grants that Community Foundation Of West Georgia Inc has recieved totaling $170,536.
Awarding Organization | Amount |
---|---|
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: PHILANTHROPY/VOLUNTARISM | $50,000 |
Community Foundation Of West Georgia Inc Carrollton, GA PURPOSE: PROGRAM | $37,121 |
Community Foundation Of West Georgia Inc Carrollton, GA PURPOSE: PROGRAM | $33,000 |
Community Foundation Of West Georgia Inc Carrollton, GA PURPOSE: PROGRAM | $20,000 |
Zeist Foundation Inc Atlanta, GA PURPOSE: HEALTH & HUMAN SERVICES | $10,000 |
Community Foundation Of West Georgia Inc Carrollton, GA PURPOSE: PROGRAM | $10,000 |
Beg. Balance | $78,581,200 |
Earnings | $3,736,208 |
Admin Expense | $141,535 |
Net Contributions | $5,447,224 |
Grants | $3,769,133 |
Ending Balance | $83,853,964 |
Organization Name | Assets | Revenue |
---|---|---|
Community Foundation For Palm Beach & Martin Counties Inc West Palm Beach, FL | $221,759,809 | $29,612,714 |
Community Foundation Of Greenville Inc Greenville, SC | $110,749,055 | $32,278,412 |
Pinellas Community Foundation Clearwater, FL | $142,858,566 | $23,264,951 |
Spartanburg County Foundation Spartanburg, SC | $213,613,348 | $29,550,562 |
North Georgia Community Foundation Gainesville, GA | $121,312,465 | $29,287,202 |
Central Carolina Community Foundation Columbia, SC | $200,312,368 | $26,646,536 |
Community Foundation Of The Chattahoochee Valley Inc Columbus, GA | $203,858,921 | $35,593,899 |
Community Foundation Of Broward Inc Fort Lauderdale, FL | $211,626,969 | $24,953,275 |
High Point Community Foundation High Point, NC | $114,170,503 | $14,778,667 |
Community Foundation Of Central Georgia Inc Macon, GA | $156,226,670 | $20,534,365 |
Indian River Community Foundation Vero Beach, FL | $78,791,488 | $17,472,868 |
Community Foundation For Northeast Georgia Inc Duluth, GA | $80,665,782 | $22,483,820 |