Athens Area Community Foundation Inc

Organization Overview

Athens Area Community Foundation Inc is located in Athens, GA. The organization was established in 2009. 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 06/2021, Athens Area Community Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Athens Area 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 06/2021, Athens Area Community Foundation Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $2.6m during the year ending 06/2021. While expenses have increased by 27.2% 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, Athens Area Community Foundation Inc has awarded 413 individual grants totaling $11,823,051. 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

BRINGING PEOPLE TOGETHER WHO CARE DEEPLY ABOUT ATHENS, GEORGIA AND SURROUNDING AREAS AND WHO SEEK TO IMPROVE THE QUALITY OF LIFE AND ECONOMIC WELL-BEING OF ALL PEOPLE IN OUR COMMUNITY THROUGH GIFTS AND INVOLVEMENT. COMMITTED TO CONNECTING DONORS WITH WHAT THEY CARE ABOUT THROUGH CHARITABLE GIVING AND BY SERVING AS A WELL-INFORMED AND EFFECTIVE GRANT-MAKER WORKING IN PARTNERSHIP WITH THE COMMUNITY AND ENCOURAGING THE ENTIRE COMMUNITY TO SUPPORT CHARITABLE GIVING FOR THE BENEFIT OF ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S PURPOSE IS TO MANAGE AND DISBURSE FUNDS TO VARIOUS CHARITABLE ORGANIZATIONS LOCATED IN THE ATHENS AND SURROUNDING AREAS.


THE FOUNDATION'S PURPOSE IS TO MANAGE AND DISBURSE FUNDS TO VARIOUS CHARITABLE ORGANIZATIONS LOCATED IN THE ATHENS & SURROUNDING AREAS.


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Board, Officers & Key Employees

Name (title)Compensation
Sarah Mckinney
Ceo/presiden
$102,153
Rhodes Mclanahan
Chair
$0
Sara Schramm
Vice Chair
$0
Jinx Patel
Secretary
$0
Clark Brown
Treasurer &
$0
Phil Bettendorf
Immediate Pa
$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$2,988,150
Noncash contributions included in lines 1a–1f $1,016,655
Total Revenue from Contributions, Gifts, Grants & Similar$2,988,150
Total Program Service Revenue$0
Investment income $250,748
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $113,434
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,399,070

Grants Awarded

Over the last fiscal year, Athens Area Community Foundation Inc has awarded $1,815,294 in support to 69 organizations.

Grant RecipientAmount

CLARKE COUNTY SCHOOL SYSTEM

PURPOSE: EDUCATION

$145,664

UNIVERSITY OF ALABAMA LAW SCHOOL FO

Org PageRecipient Profile

Tuscaloosa, AL

PURPOSE: EDUCATION

$110,000

CLARK COUNTY DEPARTMENT OF HEALTH

PURPOSE: HEALTHCARE

$100,000

ATHENS COMMUNITY COUNCIL ON AGING

Org PageRecipient Profile

Athens, GA

PURPOSE: HEALTH

$71,967

BOYS AND GIRLS CLUB OF ATHENS

Org PageRecipient Profile

Athens, GA

PURPOSE: YOUTH DEVELOPMENT

$66,900

ATHENS TECHNICAL COLLEGE FOUNDATION

Org PageRecipient Profile

Athens, GA

PURPOSE: EDUCATION

$64,009
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Athens Area Community Foundation Inc has recieved totaling $485,383.

Awarding OrganizationAmount
Robert W Woodruff Foundation Inc

Atlanta, GA

PURPOSE: SUPPORT OF OPERATING ENDOWMENT FOR COMMUNITY FOUNDATION SERVING ATHENS-CLARKE, OCONEE, BARTOW, JACKSON, MADISON AND OGLETHORPE COUNTIES.

$250,000
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: SUPPORT

$76,715
The Community Foundation For Greater Atlanta Inc

Atlanta, GA

PURPOSE: PHILANTHROPY/VOLUNTARISM

$75,000
Briscoe Family Foundation Inc

Fortson, GA

PURPOSE: ANNUAL FUNDRAISING CAMPAIGN - OPERATIONS

$30,000
Briscoe Family Foundation Inc

Fortson, GA

PURPOSE: ANNUAL FUNDRAISING CAMPAIGN - OPERATIONS

$25,000
Alice And Noah N Langdale Jr Foundation Inc

Atlanta, GA

PURPOSE: GENERAL WELFARE

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,135,000
Earnings$532,069
Admin Expense$160,949
Net Contributions$1,218,286
Grants$35,192
Ending Balance$2,689,214

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