Community Foundation For Greater Rome
- Assets
- $2.7m
- Revenue
- $1.1m
- Investments
- $2.4m
- Employees
- 0
- Location
- Rome, GA
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-4252695
Organization Overview
Community Foundation For Greater Rome is located in Rome, GA. The organization was established in 2015. 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. Community Foundation For Greater Rome 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, Community Foundation For Greater Rome generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $428.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Community Foundation For Greater Rome has awarded 82 individual grants totaling $1,072,186. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE FOR EVERY PERSON IN ROME AND FLOYD COUNTY, NOW AND FOREVER, AND TO BUILD A CULTURE OF GIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE THE QUALITY OF LIFE FOR EVERY PERSON IN ROME AND FLOYD COUNTY, NOW AND FOREVER, AND TO BUILD A CULTURE OF GIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Garner Executive Director | Trustee | 20 | $24,000 |
Greg Sumner Director | Trustee | 0 | $0 |
Scott Smith Director | Trustee | 0 | $0 |
Sarah Mcelrath Director | Trustee | 0 | $0 |
Edwin C Watters Director | Trustee | 0 | $0 |
Cecil B Wright Director | Trustee | 0 | $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 | $1,018,662 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,018,662 |
| Total Program Service Revenue | $0 |
| Investment income | $32,046 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,419 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,054,127 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $381,110 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,730 |
| Compensation of current officers, directors, key employees. | $34,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,575 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,940 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $253 |
| Total functional expenses | $428,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,099 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,392,437 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,693,536 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $509,364 |
| Net assets with donor restrictions | $2,184,172 |
| 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 | $2,693,536 |
Grants Awarded
Over the last fiscal year, Community Foundation For Greater Rome has awarded $261,350 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BERRY COLLEGE PURPOSE: TO SUPPORT THE ENDOWMENT OF BERRY COLLEGE OF ROME, GA | $89,000 |
Rome, GA PURPOSE: TO SUPPORT THE OPERATING BUDGET OF FIRST PRESBYTERIAN CHURCH | $31,600 |
HOLY TRINITY CHURCH BERMUDA PURPOSE: TO SUPPORT THE OPERATING BUDGET OF HOLY TRINITY CHURCH BERMUDA | $25,000 |
BOYS & GIRLS CLUB PURPOSE: SUPPORT THE OPERATING BUDGET OF THE BOYS & GIRLS CLUB OF ROME, GA | $20,100 |
FIRST BAPTIST CHURCH OF ROME GEORGIA PURPOSE: SUPPORT FOR THE OPERATING BUDGET FOR THE CHURCH | $18,550 |
Rome, GA PURPOSE: TO SUPPORT THE OPERATING BUDGET OF ROME FIRST UNITED METHODIST CHURCH | $12,700 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Community Foundation For Greater Rome has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Georgia Power Foundation Inc In Receivership Atlanta, GA PURPOSE: OPERATION GIFT CARD | $10,000 |
Camp Family Foundation Inc Rome, GA PURPOSE: CHARITABLE ORGANIZATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN | $205,748,037 | $85,831,682 |
Community Foundation Of Sarasota County Inc Sarasota, FL | $386,793,850 | $71,031,554 |
Gulf Coast Community Foundation Inc Venice, FL | $411,069,499 | $79,396,677 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL | $630,367,087 | $110,893,672 |
Givewell Community Foundation Inc Lakeland, FL | $419,262,531 | $231,457,010 |
North Carolina Community Foundation Inc Raleigh, NC | $442,779,010 | $109,848,330 |
Community Foundation Of Collier County Naples, FL | $218,053,316 | $48,461,607 |
Triangle Community Foundation Durham, NC | $302,593,887 | $28,260,487 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC | $293,333,431 | $80,143,972 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
The Community Foundation Of Greater Birmingham Birmingham, AL | $299,631,425 | $49,687,592 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |