A Good Name Foundation Inc
- Assets
- $685.5m
- Revenue
- $32.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/1979
- Data as of
- 12/2022
- EIN
- 58-1375066
Organization Overview
A Good Name Foundation Inc is located in Atlanta, GA. The organization was established in 1979. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Good Name 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 12/2022, A Good Name Foundation Inc generated $32.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (46.8%) each year. All expenses for the organization totaled $56.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent D Ragsdale Treasurer | 1 | $0 | |
Don M Cathy Secretary/director | 1 | $0 | |
Dan T Cathy President/director | 1 | $0 | |
Trudy Cathy White Director | 1 | $0 | |
Cynthia K Cathy Director | 1 | $0 | |
Rhonda P Cathy Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elder Research Inc | 12/30/22 | $75,000 |
Excellence In Giving Llc | 12/30/22 | $130,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32,756,579 |
| Dividends & Interest | $130,786 |
| 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 | $32,887,365 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $453,305 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72 |
| Total operating and administrative expenses | $644,210 |
| Contributions, gifts, grants paid | $56,034,500 |
| Total expenses and disbursements | $56,678,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,065 |
| Savings and temporary cash investments | $5,822,189 |
| Net Accounts receivable | $3,755 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $679,585,700 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,667 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $685,508,376 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, A Good Name Foundation Inc has awarded $51,672,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL CHRISTIAN FOUNDATION PURPOSE: TO BE USED EXCLUSIVELY TO SUPPORT CHARITABLE OR TAX EXEMPT ACTIVITIES | $37,342,750 |
WINSHAPE FOUNDATION INC PURPOSE: FUNDING FOR OPERATIONS | $14,330,000 |