A Good Name Foundation Inc
- Assets
- $750.2m
- Revenue
- $42.0m
- Investments
- $79.8k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/1979
- Data as of
- 12/2019
- EIN
- 58-1375066
Organization Overview
A Good Name Foundation Inc is located in Atlanta, GA. The organization was established in 1979. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.
For the year ending 12/2019, A Good Name Foundation Inc generated $42.0m in total revenue. All expenses for the organization totaled $57.9m during the year ending 12/2019.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent D Ragsdale Treasurer | 1 | $0 | |
Trudy Cathy White Director | 1 | $0 | |
Cynthia K Cathy Director | 1 | $0 | |
Rhonda P Cathy Director | 1 | $0 | |
Dan T Cathy President/director | 1 | $0 | |
Don M Cathy Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,535,770 |
| Interest on Savings | $35,224,809 |
| Dividends & Interest | $240,597 |
| Net Rental Income | $1,395 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,013,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $714,268 |
| Depreciation | $968 |
| Occupancy | $30,424 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $661 |
| Total operating and administrative expenses | $746,321 |
| Contributions, gifts, grants paid | $57,186,868 |
| Total expenses and disbursements | $57,933,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,170 |
| Savings and temporary cash investments | $14,828,088 |
| Net Accounts receivable | $2,150 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $732,721,016 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $400,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,119,525 |
| Other assets | $0 |
| Total assets | $750,162,790 |
| Accounts payable and accrued expenses | $204 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $204 |
Grants Awarded
Over the last fiscal year, A Good Name Foundation Inc has awarded $57,186,868 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHICK-FIL-A FOUNDATION INC PURPOSE: FUNDING SUPPORT FOR OPERATIONS AND GRANT MAKING TO ORGANIZATIONS THAT SUPPORT YOUTH ENTREPRENEURSHIP, INNOVATIVE EDUCATION AND EMERGING LEADER DEVELOPMENT. | $18,683,762 |
Atlanta, GA PURPOSE: FUNDING FOR OPERATIONS | $17,392,000 |
Jenkintown, PA PURPOSE: TO BE USED EXCLUSIVELY TO SUPPORT CHARITABLE OR TAX EXEMPT ACTIVITIES | $14,882,106 |
Alpharetta, GA PURPOSE: TO BE USED EXCLUSIVELY TO SUPPORT CHARITABLE OR TAX EXEMPT ACTIVITIES | $6,000,000 |
Atlanta, GA PURPOSE: PROMOTING ECONOMIC MOBILITY BY PROVIDING OPERATIONAL FUNDING TO EQUIP AND EMPOWER UNDERSERVED YOUTH TO BE LEADERS AT SCHOOL, AT HOME AND IN THE COMMUNITY. | $175,000 |
Pine Mountain, GA PURPOSE: SUPPORT FOR THEIR MISSION OF CONSERVATION, EDUCATION AND LAND STEWARDSHIP | $54,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Distribution Cooperative Inc Mcdonough, GA | $34,280,416 | $108,690,153 |
Pulte Family Charitable Foundation Boca Raton, FL | $0 | $190,582,832 |
Trousdale Foundation Inc Cleveland, TN | $236,593,762 | $98,186,633 |
The Marie-Josee And Henry R Kravis Foundation West Palm Beach, FL | $0 | $55,622,933 |
The United Methodist Retirement Homes Inc Durham, NC | $343,890,782 | $80,861,521 |
Joseph B Whitehead Foundation Atlanta, GA | $126,495,959 | $57,729,215 |
A Good Name Foundation Inc Atlanta, GA | $750,162,790 | $42,013,676 |
Winshape Foundation Inc Atlanta, GA | $378,636,705 | $47,001,512 |
Maclellan Foundation Inc Chattanooga, TN | $231,168,705 | $20,672,413 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $0 | $33,683,580 |
O Wayne Rollins Foundation Atlanta, GA | $492,195,533 | $27,637,277 |
Goizueta Foundation Inc Atlanta, GA | $464,940,414 | $29,372,286 |