Cwm Charitable Fund Inc is located in Marietta, GA. The organization was established in 2018. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cwm Charitable Fund 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, Cwm Charitable Fund Inc generated $134.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.7% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY INTENDED PURPOSE OF THE CORPORATION IS TO PROVIDE FINANCIAL ASSISTANCE TO CERTAIN EMPLOYEES OF C.W. MATTHEWS CONTRACTING CO., INC., A GEORGIA CORPORATION, IN TIMES OF BOTH PERSONAL HARDSHIPS (I.E. HEALTH CRISIS, HOUSE FIRE, ETC.) AND/OR QUALIFIED DISASTERS. A SECONDARY PURPOSE OF THE CORPORATION WILL BE TO DONATE FUNDS (AS AVAILABLE) TO CERTAIN CHARITABLE ORGANIZATIONS (SUCH AS UNITED WAY, AMERICAN RED CROSS, AND MUST MINISTRIES) WHOSE PRIMARY PURPOSES ARE ALSO TO ASSIST INDIVIDUALS WHO DEMONSTRATE A NEED FOR FINANCIAL ASSISTANCE IN TIMES OF BOTH PERSONAL HARDSHIPS AND/OR QUALIFIED DISASTERS.
Describe the Organization's Program Activity:
Part 3
PROVIDING FINANCIAL ASSISTANCE TO EMPLOYEES OF C. W. MATTHEWS CONTRACTING CO., INC. IN TIMES OF FINANCIAL HARDSHIP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew D Burton President/director | 0.1 | $0 | |
Michael D Bell Secretary/treasurer | 0.1 | $0 | |
Daniel P Garcia Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $134,609 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $134,609 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,503 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $79,403 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $298,319 |
Other assets | $0 |
Total assets | $300,854 |
Total liabilities | $0 |
Net assets or fund balances | $300,854 |