The Community Foundation For Greater Atlanta Inc

Organization Overview

The Community Foundation For Greater Atlanta Inc is located in Atlanta, GA. The organization was established in 1977. 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 12/2021, Community Foundation For Greater Atlanta Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation For Greater Atlanta 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 12/2021, Community Foundation For Greater Atlanta Inc generated $352.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $143.0m during the year ending 12/2021. While expenses have increased by 0.4% 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, Community Foundation For Greater Atlanta Inc has awarded 9,097 individual grants totaling $920,050,588. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE AND LEAD OUR REGION TOWARD EQUITY AND SHARED PROSPERITY FOR ALL.

Describe the Organization's Program Activity:

PHILANTHROPIC SERVICES - SEE SCHEDULE O FOR COMPLETE DESCRIPTION.THE COMMUNITY FOUNDATION IS OUR REGION'S STEWARD OF THE LONG-TERM PHILANTHROPIC ASSETS THAT ARE ENTRUSTED TO US FOR THE FUTURE OF GREATER ATLANTA. IN 2021, OUR TOTAL ASSETS WERE $1.3 BILLION.WE DISTRIBUTED OVER $129 MILLION IN GRANTS AND SUPPORT IN 2021. THAT REPRESENTS 11,000 GRANTS AWARDED TO OVER 3,300 NONPROFITS LOCALLY, NATIONALLY AND INTERNATIONALLY. OF THESE GRANTS, OVER 68% STAYED WITHIN OUR 23-COUNTY METRO ATLANTA REGION. GRANTS WERE MADE TO 31 ISSUE AREAS, THE TOP THREE BEING EDUCATION, ARTS/CULTURE/ HUMANITIES AND HUMAN SERVICES, FOCUSED ON MEETING NEEDS DURING THE DUAL PANDEMICS FOR HEALTH AND SOCIAL JUSTICE. OUR ORGANIZATION DISTRIBUTED 10% OF OUR TOTAL ASSETS THROUGH GRANTMAKING IN 2021.OUR GENEROUS DONORS MAKE OUR WORK POSSIBLE. WE RECEIVED MORE THAN $135 MILLION IN GIFTS IN 2021 AND ESTABLISHED 40 NEW FUNDS. OUR MOST POPULAR GIVING VEHICLE IS THE DONOR-ADVISED FUND. IN 2021, 71% OF OUR TOTAL GRANTS WERE MADE THROUGH DONOR-ADVISED FUNDS.


COMPETITIVE GRANTS - SEE SCHEDULE O FOR COMPLETE DESCRIPTIONTHE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE AND NON-COMPETITIVE CHANNELS. THE GREATEST NUMBER OF GRANTS ARE AWARDED THROUGH NON-COMPETITIVE CHANNELS, SUCH AS DONOR-ADVISED FUNDS, WHERE GRANT INVESTMENTS ARE RECOMMENDED BY THE DONOR OR FUND ADVISOR OFTEN WITH THE GUIDANCE OF HIS OR HER PHILANTHROPIC ADVISOR. IN 2016, THE COMMUNITY FOUNDATION BEGAN EXPLORING THE DEVELOPMENT OF A PROGRAM DESIGNED TO CLOSE THE OPPORTUNITY GAP IN THE THOMASVILLE HEIGHTS COMMUNITY IN SOUTHEAST ATLANTA. BEGUN BY OUR DONORS WHO EVENTUALLY BECAME KNOWN AS THE SPARK OPPORTUNITY GIVING CIRCLE, THEIR COLLECTIVE GRANTMAKING, EDUCATION OF THE ISSUES AND PLACE-BASED FOCUS HAS BEEN A CATALYST FOR ADDITIONAL INVESTMENTS FROM THEIR DONOR-ADVISED FUNDS. OUR IMPACT STRATEGY INCLUDES GRANTMAKING, STRATEGIC NONPROFIT PARTNERSHIPS, POLICY ADVOCACY AND THRIVE THOMASVILLE, A RESIDENT-LED COUNCIL THAT DIRECTS FUNDING TO COMMUNITY-DESIGNED PROJECTS. THRIVE BUILDS ON NEIGHBORHOOD STRENGTHS AND ENABLES COMMUNITY-LED STRATEGIES TO DEVELOP AND ADDRESS NEIGHBORHOOD NEEDS BY THE RESIDENTS WHO CALL IT HOME.IN 2021, THE PLACE-BASED GIVING FOCUS IN THOMASVILLE HEIGHTS SHIFTED TO ADDRESS THE SHORT-TERM AND IMMEDIATE NEEDS OF THE THOMASVILLE HEIGHTS COMMUNITY, SUCH AS HOUSING, FOOD INSECURITY AND EMERGENCY FUNDS. WE ALSO ANNOUNCED OUR PLANS FOR TOGETHERATL, OUR NEW STRATEGIC PLAN BEGINNING IN JANUARY OF 2022, THAT WILL MOVE PLACE-BASED STRATEGIES TO THE FOREFRONT.


COMMUNITY LEADERSHIP AND INITIATIVES - SEE SCHEDULE O FOR COMPLETE DESCRIPTION.THROUGHOUT 2021, THE RIPPLE EFFECT OF COVID-19 MADE ITS WIDESPREAD IMPACT ON THE ATLANTA REGION. CHILDREN CONTINUED WITH HYBRID-AT-BEST SCHOOL OPTIONS, BUSINESSES PERMANENTLY CLOSED, LIVE PERFORMANCES WERE SHUTTERED AND WORKERS WERE BEING LAID OFF. OUR PARTNERSHIP WITH UNITED WAY OF GREATER ATLANTA CONTINUED, ULTIMATELY RAISING, COLLECTING AND DISPERSING $30 MILLION IN FUNDS FOR THE GREATER ATLANTA COVID-19 RESPONSE AND RECOVERY FUND, WHILE TAKING NO FEES FOR THE WORK. SUPPORTED BY DOLLARS FROM PHILANTHROPY, GOVERNMENT AND CORPORATE PARTNERS, THE COVID-19 FUND RECEIVED DONATIONS FROM THOUSANDS OF INDIVIDUALS, FOUNDATIONS AND CORPORATIONS. THE COMMUNITY NEEDS CONTINUED TO EVOLVE AS THE PANDEMIC ISSUED ITS TOIL. WHILE INITIAL GRANTS WERE FOCUSED ON PROVIDING CRUCIAL SERVICES AT A HIGH SCALE TO HIGH-RISK AUDIENCES INCLUDING SENIORS AND FAMILIES WITH CHILDREN.2021 EVIDENCE SHOWED SPECIFIC POPULATIONS DISPROPORTIONATELY IMPACTED BLACK, LATINX, UNDOCUMENTED AND IMMIGRANT POPULATIONS. AS THE SITUATION IN OUR COMMUNITY EVOLVED, THE FUND PIVOTED TO ADDRESS RAPIDLY CHANGING NEEDS, SUCH AS SMALL BUSINESS SUPPORT AND MENTAL HEALTH. DURING 2020 AND 2021, THE COVID-19 FUND MOBILIZED $28.2 MILLION TO BENEFIT 478 NONPROFITS IN ATLANTA. THIS PROGRAM WAS AMPLIFIED BY OUR 900+ DONORS FAMILIES, WHO GAVE IN EXCESS OF $100 MILLION TO NONPROFITS THE COMMUNITY FOUNDATION RECOMMENDED WHO WERE ON THE FRONT LINES OF THE PANDEMIC.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Silchester
Investment Management Services
$254,721
Atlanta Regional Commission
Consulting Services
$188,650
Crewcial Partners
Investment Management Services
$183,297
Leapfrog Services Inc
It/software Service
$170,341
Broadridge Matrix Trust Company
Investment Management Services
$190,797
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$550,000
Government grants $786,672
All other contributions, gifts, grants, and similar amounts not included above$252,794,649
Noncash contributions included in lines 1a–1f $188,193,480
Total Revenue from Contributions, Gifts, Grants & Similar$254,131,321
Total Program Service Revenue$1,053,974
Investment income $18,778,572
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $78,776,829
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $352,758,843

Grants Awarded

Over the last fiscal year, The Community Foundation For Greater Atlanta Inc has awarded $116,060,665 in support to 1,320 organizations.

Grant RecipientAmount

ACHIEVE ATLANTA INC

Org PageRecipient Profile

Atlanta, GA

PURPOSE: EDUCATION

$6,120,719

EVERY STUDENT EVERY COMMUNITY SUPPORTING ORGANIZATION

Org PageRecipient Profile

Atlanta, GA

PURPOSE: EDUCATION

$5,034,626

UNITED WAY OF GREATER ATLANTA

Org PageRecipient Profile

Atlanta, GA

PURPOSE: PHILANTHROPY/VOLUNTARISM

$2,810,726

FIRST PRESBYTERIAN CHURCH OF ATLANTA

PURPOSE: RELIGION-RELATED

$2,464,237

GRADY MEMORIAL HOSPITAL CORPORATION

Org PageRecipient Profile

Atlanta, GA

PURPOSE: HEALTH CARE

$2,000,000

Atlanta, GA

PURPOSE: EDUCATION

$1,771,272
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 47 grants that The Community Foundation For Greater Atlanta Inc has recieved totaling $31,222,182.

Awarding OrganizationAmount
Joseph B Whitehead Foundation

Atlanta, GA

PURPOSE: FOR THE JOSEPH B. WHITEHEAD FUND TO SUPPORT ACHIEVE ATLANTA AND CHILD WELL-BEING.

$20,000,043
Bobbie Bailey Foundation Inc

Tucker, GA

PURPOSE: PHILANTHROPIC

$4,999,262
Zeist Foundation Inc

Atlanta, GA

PURPOSE: COMMUNITY DEVELOPMENT

$1,212,500
Asian Americans Advancing Justice -Aajc Inc

Washington, DC

PURPOSE: ANTI-ASIAN VIOLENCE

$700,000
Dechomai Asset Trust

Jacksonville, FL

PURPOSE: unrestricted

$644,713
$450,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or