Cherokee Gives Back Foundation

Organization Overview

Cherokee Gives Back Foundation is located in Raleigh, NC. The organization was established in 2006. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cherokee Gives Back Foundation 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 12/2023, Cherokee Gives Back Foundation generated $53.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Cherokee Gives Back Foundation has awarded 21 individual grants totaling $131,768. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANT - CGB IS OFTEN ASKED TO PROVIDE GRANTS AND OTHER FORMSOF FINANCIAL SUPPORT TO NON-PROFITS AND SOCIAL BUSINESSES.THIS CATEGORY OF ACTIVITY REPRESENTS THE TIME SPENT TOPROCESS, EVALUATE AND PARTICIPATE IN THESE REQUESTS. AS APRIVATE OPERATING FOUNDATION, CGB IS LIMITED TO THE AMOUNTOF GRANT MONEY WE ARE ABLE TO OFFER, BUT WE TAKE THE TIME TOBE AS HELPFUL AS WE CAN TO THESE MANY REQUESTS.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas F Darden II
Chairman And Board Member
$0
W Scott Steele
Board Member
$27,500
Kimberly Shaw
Secretary
$0
John Mazzarino
Board Member
$0
Bret Batchelder
Board Member
$0
Jim Fogleman
Treasurer And Board Member
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $54,094
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets -$500
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $53,594

Grants Awarded

Over the last fiscal year, Cherokee Gives Back Foundation has awarded $8,000 in support to 3 organizations.

Grant RecipientAmount

BAND TOGETHER NC

PURPOSE: SUPPORT LOCAL NONPROFITS IN THE TRIANGLE AREA

$4,000

HEALING TRANSITIONS

PURPOSE: SUPPORT RECOVERY ORIENTED SERVICES TO INDIVIDUALS WITH ADDICTIONS

$2,000

A PLACE AT THE TABLE

PURPOSE: TO PROVIDE FOOD AND SUPPORT TO UNDERSERVED INDIVIDUALS

$2,000
View Grant Profile

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