Georgia Community Foundation Inc
- Assets
- $21.0m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 14
- Location
- Peachtree Corners, GA
- Founding
- 05/1992
- Data as of
- 12/2022
- EIN
- 58-1960821
Organization Overview
Georgia Community Foundation Inc is located in Peachtree Corners, GA. The organization was established in 1992. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Georgia Community Foundation Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia 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 12/2022, Georgia Community Foundation Inc generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.9% each year . All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 28.1% 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, Georgia Community Foundation Inc has awarded 386 individual grants totaling $7,817,877. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT CHARITABLE AND EDUCATIONAL ACTIVITIES IN GEORGIA AND TO PROVIDE PHILANTHROPIC ADVICE AND CHARITABLE GIVING SERVICES TO DONORS AND THEIR FAMILIES, EMPHASIZING EDUCATIONAL OPPORTUNITIES FOR CHILDREN FROM LOW-INCOME FAMILIES.
Describe the Organization's Program Activity:
CONTRIBUTIONS TO RELIGIOUS EDUCATIONAL, CHARITABLE, LITERARY OR SCIENTIFIC ORGANIZATIONS THAT QUALIFY AS 501(C)(3) ORGANIZATIONS. PRIMARILY IN AND FOR THE BENEFIT OF THE STATE OF GEORGIA.
GRANTS TO COLLEGE STUDENTS FROM LOW-INCOME FAMILIES FOR THE PAYMENT OF ROOM AND BOARD TO SUPPLEMENT THE HOPE SCHOLARSHIP.
MARKETING AND ADMINISTRATION OF CONTRIBUTIONS UNDER THE GEORGIA RURAL HOSPITAL ORGANIZATION EXPENSE CREDIT PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard W Gilbert Chairman Emeritus | Trustee | 0.1 | $0 |
Dean S Mathison Board Member | Trustee | 0.1 | $0 |
Gerard Robinson Board Member | Trustee | 0.1 | $0 |
Pastor Dexter Roland Board Member | Trustee | 0.1 | $0 |
Timothy J Embry Secretary | OfficerTrustee | 0.1 | $0 |
Stanley R Epperson Chairman Of The Board | OfficerTrustee | 0.1 | $0 |
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 | $3,198,112 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,198,112 |
| Total Program Service Revenue | $1,761,972 |
| Investment income | $400,934 |
| Tax Exempt Bond Proceeds | $41,564 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $31,167 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,425,549 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,599,806 |
| Grants and other assistance to domestic individuals. | $139,912 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,000 |
| Compensation of current officers, directors, key employees. | $45,725 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $526,027 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $52,678 |
| Payroll taxes | $105,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,183 |
| Fees for services: Other | $0 |
| Advertising and promotion | $204,006 |
| Office expenses | $21,515 |
| Information technology | $55,115 |
| Royalties | $0 |
| Occupancy | $69,272 |
| Travel | $4,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,359 |
| Insurance | $4,448 |
| All other expenses | $0 |
| Total functional expenses | $3,252,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,423,340 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $891,171 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,906 |
| Net Land, buildings, and equipment | $23,427 |
| Investments—publicly traded securities | $18,640,272 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,007,116 |
| Accounts payable and accrued expenses | $749,191 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $749,191 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $20,257,925 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,007,116 |
Grants Awarded
Over the last fiscal year, Georgia Community Foundation Inc has awarded $1,492,971 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
PREGNANCY SUPPORT CLINIC OF VALDOSTA INC PURPOSE: CONTRIBUTION | $15,000 |
NICOLET HIGH SCHOOL FOUNDATION PURPOSE: CONTRIBUTION | $20,000 |
PREGNANCY RESOURCE CENTER FOR C H & H PURPOSE: CONTRIBUTION | $15,000 |
MARIANNA GREENE HENRY SPECIAL EQUESTRIANS PURPOSE: CONTRIBUTION | $25,000 |
PASSION CITY CHURCH PURPOSE: CONTRIBUTION | $10,000 |
NORTHWEST GEORGIA HUNGER MINISTRIES PURPOSE: CONTRIBUTION | $133,780 |