Cs Foundation Inc
- Assets
- $45.5m
- Revenue
- $4.9m
- Investments
- $40.2m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 20-5862864
Organization Overview
Cs Foundation Inc is located in Atlanta, GA. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cs Foundation 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 12/2022, Cs Foundation Inc generated $4.9m 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 (5.4%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Cs Foundation Inc has awarded 161 individual grants totaling $10,927,542. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION TO UNIVERSITY OF TN-JOHN TUMMINS SCHOLARSHIP
CONTRIBUTION TO EMORY WINSHIP CANCER INSTITUTE
CONTRIBUTION TO CLEVELAND STATE COMM COLLEGE FOUNDATION
CONTRIBUTION TO CITY FIELDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Simpson President, Director | 0 | $0 | |
Larry Ray Eskew Secretary, Director | 0 | $0 | |
Larry Ray Eskew Treasurer, Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,853,551 |
| Interest on Savings | $79,776 |
| Dividends & Interest | $688,049 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$725,605 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,629,585 |
| Total Revenue | $4,861,316 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $39,016 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,418 |
| Total operating and administrative expenses | $60,809 |
| Contributions, gifts, grants paid | $3,686,500 |
| Total expenses and disbursements | $3,747,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,045,509 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $903,149 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $3,349,598 |
| Investments—mortgage loans | $0 |
| Investments—other | $40,235,416 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $45,533,672 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Cs Foundation Inc has awarded $3,686,500 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
WINSHIP CANCER INSTITUTE OF EMORY UNIVERSITY PURPOSE: CHARITABLE | $0 |
CARLOS AND WINNIE SIMPSON SCHOLARSHIP ENDOWMENT PURPOSE: CHARITABLE | $100,000 |
CHATTANOOGA RESCUE MISSION PURPOSE: CHARITABLE | $0 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: CHARITABLE | $125,000 |
UNIVERSITY OF TN-JOHN TUMMINS SCHOLARSHIP PURPOSE: CHARITABLE | $100,000 |
7TH WELL MINISTRIES PURPOSE: CHARITABLE | $0 |