Cherokee Gives Back Foundation
- Assets
- $12.2k
- Revenue
- $609.4k
- Investments
- $500.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 27-0132571
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 12/2021, Cherokee Gives Back Foundation generated $609.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $660.7k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP - CGB ENGAGES IN MULTIPLE ACTIVITIES THAT HELP COLLEGE STUDENTS AND YOUNG PROFESSIONALS. THESE ACTIVITIES INCLUDE MENTORING, WORLDVIEW AND LIFE-SKILLS CLASSES, INTERNSHIPS, AND ENCOURAGING RELATIONAL ACTIVITIES.
PAR (PARTNERS) - THE PARTNERS PROGRAM WAS CREATED TO PROVIDE CONSULTING SERVICES TO NON-PROFITS AND SOCIAL IMPACT BUSINESSES. WE SUPPORT BOARD DEVELOPMENT, BUSINESS STRATEGY, FINANCIAL SERVICES, INITIAL REGISTRATION ADVICE, EXECUTIVE DIRECTOR COACHING AND FUNDRAISING STRATEGY.
GRANT - CGB IS OFTEN ASKED TO PROVIDE GRANTS AND OTHER FORMS OF FINANCIAL SUPPORT TO NON-PROFITS AND SOCIAL BUSINESSES. THIS CATEGORY OF ACTIVITY REPRESENTS THE TIME SPENT TO PROCESS, EVALUATE AND PARTICIPATE IN THESE REQUESTS. AS A PRIVATE OPERATING FOUNDATION, CGB IS LIMITED TO THE AMOUNT OF GRANT MONEY WE ARE ABLE TO OFFER, BUT WE TAKE THE TIME TO BE AS HELPFUL AS WE CAN TO THESE MANY REQUESTS.
FS-DESTINY ACADEMY - IN A SELECT NUMBER OF CIRCUMSTANCES, CGB SERVES AS A FISCAL SPONSOR FOR PROJECTS IN NEED OF HELP OR FOR NON-PROFITS IN THEIR FIRST YEAR OF GETTING STARTED. IN THE PAST YEAR DESTINY ACADEMY HAS BEEN THE ONLY ORGANIZATION REQUIRING FISCAL SPONSORSHIP. DESTINY ACADEMY IS LOCATED IN ADDIS ABABA AND THEY PROVIDE UNDER-PRIVILEDGED CHILDREN, WHOSE PARENTS CANNOT AFFORD PUBLIC SCHOOL, WITH EDUCATION. DESTINY ACADEMY IS ABLE TO OFFER THIS LOVING EDUCATIONAL OPPORTUNITY TO STUDENTS DUE TO GENEROUS DONATIONS OUTSIDE OF ETHIOPIA. CGB PROVIDES DONOR SUPPORT SERVICES FOR THESE DONORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Scott Steele Board Member | 20 | $110,000 | |
Thomas F Darden II Chairman And Board Member | 1 | $0 | |
Kimberly Shaw Secretary | 2 | $0 | |
Bret Batchelder Board Member | 1 | $0 | |
John Mazzarino Board Member | 1 | $0 | |
Jim Fogleman Treasurer And Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $609,357 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $609,357 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $110,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $22,200 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,745 |
| Total operating and administrative expenses | $660,654 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $660,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,705 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,959 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,164 |
| Accounts payable and accrued expenses | $315,890 |
| 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 | $197,007 |
| Total liabilities | $512,897 |
Grants Awarded
Over the last fiscal year, Cherokee Gives Back Foundation has awarded $8,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Raleigh, 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 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cherokee Gives Back Foundation has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sevier Solid Waste Inc Pigeon Forge, TN | $40,871,013 | $7,760,880 |
The Scrap Exchange Inc Durham, NC | $6,770,831 | $2,047,829 |
Solid Waste Disposable Inc Jasper, TN | $10,955,638 | $2,805,518 |
Viridiant Richmond, VA | $3,358,357 | $1,969,212 |
The Lamb Center Fairfax, VA | $7,526,536 | $2,291,024 |
American Association Of Radon Scientists And Technologists Inc Hendersonville, NC | $933,489 | $1,309,223 |
Sustainable Warehouse north charleston, SC | $54,419 | $1,096,614 |
Catawba Riverkeeper Foundation Inc Charlotte, NC | $1,340,855 | $1,380,388 |
Cleanaire North Carolina Charlotte, NC | $3,254,490 | $1,025,722 |
Georgia Conservation Voters Education Fund Inc Atlanta, GA | $823,438 | $1,322,849 |
International Association Of Heat & Frost Insulators & Allied Workers Pooler, GA | $2,333,836 | $1,615,524 |
Cherokee Gives Back Foundation Raleigh, NC | $12,164 | $609,357 |