Foundation For Rhodes Homes Inc

Organization Overview

Foundation For Rhodes Homes Inc is located in Atlanta, GA. The organization was established in 2004. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Rhodes Homes 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 06/2021, Foundation For Rhodes Homes Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 4.7% per year over the past 6 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 2015, Foundation For Rhodes Homes Inc has awarded 31 individual grants totaling $5,575,619. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO PROMOTE, SUPPORT AND FURTHER THE CHARITABLE PURPOSES OF A.G. RHODES HEALTH & REHAB ATLANTA, A.G. RHODES HEALTH & REHAB COBB, A.G. RHODES HEALTH & REHAB WESLEY WOODS AND A.G. RHODES HEALTH AND REHAB MANAGEMENT COMPANY. EACH OF THE SUPPORTED ORGANIZATIONS LISTED ARE TAX EXEMPT ENTITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. RESOURCES FOR THE FOUNDATION'S ACTIVITIES ARE PRIMARILY PROVIDED BY CHARITABLE CONTRIBUTIONS FROM THE SUPPORTED ORGANIZATIONS, THIRD PARTY CHARITABLE CONTRIBUTIONS AND INVESTMENT INCOME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MAKES CONTRIBUTIONS AS A SUPPORTING ORGANIZATION TO THE A.G. RHODES HOMES AND ITS RELATED ORGANIZATIONS TO PROVIDE RESOURCES FOR CAPITAL IMPROVEMENTS TO THE SKILLED NURSING FACILITIES TO ENHANCE THE RESIDENT CARE EXPERIENCE. IN ADDITION, THE FOUNDATION MAKES CONTRIBUTIONS TO THE A.G. RHODES HOMES AND ITS RELATED ORGANIZATIONS TO PROVIDE OPERATING SUPPORT WHEN NEEDED.


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Board, Officers & Key Employees

Name (title)Compensation
David L Perdue
Chairman
$0
John W Wilcox III
Vice Chairman
$0
Margaret Stickney
Secretary
$0
Ann S Barrett
Trustee
$0
John Frazer
Treasurer
$0
Deke G Cateau
CEO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $14,886
All other contributions, gifts, grants, and similar amounts not included above$2,531,584
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,546,470
Total Program Service Revenue$0
Investment income $102,490
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $632,844
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,281,804

Grants Awarded

Over the last fiscal year, Foundation For Rhodes Homes Inc has awarded $1,051,534 in support to 4 organizations.

Grant RecipientAmount

AG RHODES HEALTH & REHAB MANAGEMENT INC

Org PageRecipient Profile

Atlanta, GA

PURPOSE: To meet capital and operating needs of the Organization

$925,361

AG RHODES HEALTH & REHAB - ATLANTA

Org PageRecipient Profile

Atlanta, GA

PURPOSE: To meet capital and operating needs of the Organization

$108,157

AG RHODES HEALTH & REHAB - WESLEY WOODS

Org PageRecipient Profile

Atlanta, GA

PURPOSE: To meet capital and operating needs of the Organization

$12,558

AG RHODES HEALTH & REHAB - COBB

Org PageRecipient Profile

Marietta, GA

PURPOSE: To meet capital and operating needs of the Organization

$5,458
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Foundation For Rhodes Homes Inc has recieved totaling $111,327.

Awarding OrganizationAmount
$70,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$16,250
$10,000
Hix Green Foundation Inc

Orlando, FL

PURPOSE: GENERAL OPERATING

$10,000
Mightycause Charitable Foundation

Marianna, FL

PURPOSE: UNRESTRICTED

$5,077
View Grant Recipient Profile

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