Community Foundation Of Central Georgia Inc

Organization Overview

Community Foundation Of Central Georgia Inc is located in Macon, GA. The organization was established in 1994. 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 06/2022, Community Foundation Of Central Georgia Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Central Georgia 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, Community Foundation Of Central Georgia Inc generated $20.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $12.6m during the year ending 06/2022. While expenses have increased by 9.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF CENTRAL GEORGIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE ARE A COMMUNITY FOUNDATION,OFFERING OUR DONORS THE OPPORTUNITY TO CREATE A LASTING LEGACY BY ESTABLISHING THEIR OWN CHARITABLE FUNDS AND TO SUPPORT THE CAUSES IN WHICH THEY BELIEVE. OUR ASSETS ARE ADMINISTERED EXCLUSIVELY FOR CHARITABLE PURPOSES,PRIMARILY FOR THE BENEFIT OF THE TWENTY-ONE COUNTIES COMPRISING THE CENTRAL GEORGIA REGION. WE SUPPORT AREA NONPROFITS THROUGH OUR NONPROFIT GRANT PROGRAM AND AREA STUDENTS THROUGH OUR SCHOLARSHIP PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Kathryn H Dennis
Pres & Bd Memb
$194,475
Harriet W Hamilton
Exec Vice President
$154,734
Julia Wood
VP Of Devel Svcs
$108,160
Robert F Hatcher Jr
Board Chairman
$0
Steve L Kruger
Treasurer
$0
Theresa L Robinson
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mason Inv Adv Svcinc
Invest Mgt & Consult
$318,364
Merrill Lynch
Invest Management
$290,841
Truist
Invest Management
$131,238
Morgan Stanley
Invest Management
$109,225
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,500,000
All other contributions, gifts, grants, and similar amounts not included above$10,081,051
Noncash contributions included in lines 1a–1f $3,268,152
Total Revenue from Contributions, Gifts, Grants & Similar$12,581,051
Total Program Service Revenue$0
Investment income $4,805,419
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,147,895
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,534,365

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Community Foundation Of Central Georgia Inc has recieved totaling $2,350,931.

Awarding OrganizationAmount
Dechomai Foundation Inc

Jacksonville, FL

PURPOSE: unrestricted

$1,329,050
The Peyton Anderson Foundation Inc

Macon, GA

PURPOSE: DOWNTOWN CHALLENGE 2.0

$375,000
The Pittulloch Foundation Inc

Atlanta, GA

PURPOSE: COMMUNITY BEHAVIORAL HEALTH

$200,000
Schwartz-Kruger Family Foundation Inc

Macon, GA

PURPOSE: CHARITYCHARITY

$138,855
Joe And Pat Edwards Foundation Inc

Barnesville, GA

PURPOSE: SUPPORT

$119,000
Georgia Pine Level Foundation Inc

Orlando, FL

PURPOSE: LEADER IN ME

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$139,934,240
Earnings-$15,794,236
Admin Expense-$1,158,236
Net Contributions$9,834,623
Other Expense-$46,101
Grants-$7,836,223
Ending Balance$124,934,067

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