Cherokee Gives Back Foundation
- Assets
- $58.9k
- Revenue
- $53.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 10/2006
- Data as of
- 12/2023
- 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 12/2023, 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.
Form
990PF
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) | Role | Hours | Compensation |
|---|---|---|---|
Thomas F Darden II Chairman And Board Member | 1 | $0 | |
W Scott Steele Board Member | 20 | $27,500 | |
Kimberly Shaw Secretary | 2 | $0 | |
John Mazzarino Board Member | 1 | $0 | |
Bret Batchelder Board Member | 1 | $0 | |
Jim Fogleman Treasurer And Board Member | 2 | $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 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38,807 |
| Total operating and administrative expenses | $71,934 |
| Contributions, gifts, grants paid | $1,500 |
| Total expenses and disbursements | $73,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,914 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $58,914 |
| Accounts payable and accrued expenses | $58,976 |
| 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 | $58,976 |
Grants Awarded
Over the last fiscal year, Cherokee Gives Back Foundation has awarded $8,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
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 |