Fund For Southern Communities Inc

Organization Overview

Fund For Southern Communities Inc is located in Decatur, GA. The organization was established in 1981. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Fund For Southern Communities Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fund For Southern Communities 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 06/2022, Fund For Southern Communities Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 72.9% each year . All expenses for the organization totaled $2.5m during the year ending 06/2022. While expenses have increased by 42.7% 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 2015, Fund For Southern Communities Inc has awarded 124 individual grants totaling $3,188,997. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FUND FOR SOUTHERN COMMUNITIES IS A PUBLIC FOUNDATION THAT SUPPORTS AND UNITES ORGANIZATIONS AND DONORS WORKING TO CREATE JUST AND SUSTAINABLE COMMUNITIES THAT ARE FREE OF OPPRESSION AND THAT EMBRACE AND CELEBRATE ALL PEOPLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FUND FOR SOUTHERN COMMUNITIES (FSC OR THE FUND) PROVIDES THE FINANCIAL RESOURCE TO HELP MOVE GROUPS FROM THOUGHT TO ACTION. FSC SUPPORTS SMALL COMMUNITY GROUPS WORKING FOR ENVIRONMENTAL JUSTICE, ANTI-RACISM, WOMEN'S RIGHTS, YOUTH DEVELOPMENT, LGBTQ RIGHTS, WORKER'S RIGHTS, CIVIL RIGHTS AND DISABILITY RIGHTS AND OTHER VARIED ISSUES THAT ADDRESS SOCIAL CHANGE THROUGH COMMUNITY ORGANIZING. GRANTEES NOT ONLY BENEFIT FROM FINANCIAL SUPPORT, BUT THEY ARE ALSO GIVEN TECHNICAL ASSISTANCE.FSC IS UNUSUAL IN THAT IT AWARDS GRANTS TO COMMUNITY ORGANIZATIONS THAT ARE WORKING TO ADDRESS THE SYSTEMS AND STRUCTURES THAT CAUSE COMMUNITY PROBLEMS. OFTEN TRADITIONAL CHARITIES AND PRIVATE FOUNDATIONS OVERLOOK THESE ORGANIZATIONS BECAUSE THEIR PROJECTS ARE CONSIDERED TOO NEW, THE ORGANIZATION TOO SMALL, OR THEIR OBJECTIVES ARE TOO CONTROVERSIAL. THE FUND IS WILLING TO MAKE GRANTS TO THESE GROUPS AND ORGANIZATIONS BECAUSE WE BELIEVE THAT COMMUNITIES WORKING ON THEIR OWN BEHALF ARE POWERFUL FORCES FOR CHANGE.


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Board, Officers & Key Employees

Name (title)Compensation
Alice Eason Jenkins
Executive Dir.
$96,611
Darren Holmes
Chairman
$0
Demetria Ledbetter
Treasurer
$0
Imara Canady
Secretary
$0
Shanon Pazdera
Director
$0
Shelia Moore
Director
$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$2,540,167
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,540,167
Total Program Service Revenue$0
Investment income $149,398
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,696,112

Grants Awarded

Over the last fiscal year, Fund For Southern Communities Inc has awarded $2,173,445 in support to 61 organizations.

Grant RecipientAmount

SOCIAL & ENVIRONMENT ENTREPRE

Org PageRecipient Profile

Calabasas, CA

PURPOSE: ORGANIZATIONAL SUPPORT

$200,000

REVERSE CYCLE OF INCARCERATIO

Org PageRecipient Profile

Atlanta, GA

PURPOSE: WOMEN RISING

$150,000

THE IMPERATIVE INC

Org PageRecipient Profile

Brockton, MA

PURPOSE: ORGANIZATIONAL SUPPORT

$103,528

Decatur, GA

PURPOSE: TRANS FORMING

$93,500

FANNIELOUHAMER INSTADVOCACY

PURPOSE: BLACK GIRL DREAM FUND

$68,400

COLUMBUS WELLNESS CTR OUTREA

Org PageRecipient Profile

Columbus, GA

PURPOSE: BLACK GIRL DREAM FUND

$66,400
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Fund For Southern Communities Inc has recieved totaling $1,639,184.

Awarding OrganizationAmount
Foundation To Promote Open Society

New York, NY

PURPOSE: TO IMPLEMENT THE PUBLIC TASKFORCE RECOMMENDATIONS FOR CLOSING THE ATLANTA CITY DETENTION CENTER, REFINE PROGRAM SERVICES, AND BUILD A CENTER FOR EQUITY AND WELLNESS

$500,000
Foundation To Promote Open Society

New York, NY

PURPOSE: TO IMPLEMENT THE PUBLIC TASKFORCE RECOMMENDATIONS FOR CLOSING THE ATLANTA CITY DETENTION CENTER, REFINE PROGRAM SERVICES, AND BUILD A CENTER FOR EQUITY AND WELLNESS

$500,000
Black Belt Community Foundation Inc

Selma, AL

PURPOSE: COMMUNITY DEVELOPMENT

$375,250
Fund For Southern Communities Inc

Decatur, GA

PURPOSE: TRANS FORMING

$93,500
Annie E Casey Foundation

Baltimore, MD

PURPOSE: SUPPORT FOR NEIGHBORHOOD PLANNING UNIT V COMMUNITY INVESTMENT FUND GRANT MAKING EFFORTS

$90,000
F B Heron Foundation

New Milford, CT

PURPOSE: GENERAL SUPPORT

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,702,297
Earnings-$197,664
Ending Balance$1,504,633

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