Cobb Emc Community Foundation Inc

Organization Overview

Cobb Emc Community Foundation Inc is located in Marietta, GA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cobb Emc Community 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 12/2021, Cobb Emc Community Foundation Inc generated $995.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $989.1k during the year ending 12/2021. While expenses have increased by 1.0% 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 2018, Cobb Emc Community Foundation Inc has awarded 198 individual grants totaling $2,597,765. 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 PURPOSE OF THE FOUNDATION WILL BE TO ACCEPT AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF COBB ELECTRIC MEMBERSHIP CORPORATION (COBB EMC). UPON DISSOLUTION OF THE FOUNDATION, ANY REMAINING FUNDS WILL BE DISTRIBUTED ONLY FOR CHARITABLE PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY ASSISTANCE TO ENTITIES IN THE SERVICE AREA OF COBB EMC THAT ARE QUALIFIED UNDER IRC SECTION 501(C)(3) AS NON-PROFIT, CHARITABLE ORGANIZATIONS.


SCHOLARSHIPS AWARDED TO STUDENTS IN THE SERVICE AREA OF COBB EMC.


N/A


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Board, Officers & Key Employees

Name (title)Compensation
Vickie Tardif
Vice-Chairma
$1,250
Cathy Lane
Secretary
$1,250
John H Umphlett
Treasurer
$1,250
Diane Parker
Director
$1,250
Mike Reckord
Director
$1,250
Michelle Sutcliffe
Director
$1,250

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$994,725
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$994,725
Total Program Service Revenue$0
Investment income $462
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $995,187

Grants Awarded

Over the last fiscal year, Cobb Emc Community Foundation Inc has awarded $682,565 in support to 56 organizations.

Grant RecipientAmount

Kennesaw, GA

PURPOSE: COMMUNITY ASSISTANCE

$28,900

Marietta, GA

PURPOSE: COMMUNITY ASSISTANCE

$25,000

BETHANY PLACE INC

Org PageRecipient Profile

Canton, GA

PURPOSE: COMMUNITY ASSISTANCE

$25,000

LIVESAFE RESOURCES INC

Org PageRecipient Profile

Marietta, GA

PURPOSE: COMMUNITY ASSISTANCE

$25,000

DAVIS DIRECTION FOUNDATION INC

Org PageRecipient Profile

Marietta, GA

PURPOSE: COMMUNITY ASSISTANCE

$25,000

Marietta, GA

PURPOSE: COMMUNITY ASSISTANCE

$24,175
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cobb Emc Community Foundation Inc has recieved totaling $8,000.

Awarding OrganizationAmount
Cobb Community Foundation Inc

Atlanta, GA

PURPOSE: OPERATING BUDGET

$8,000
View Grant Recipient Profile

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