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Cobb Community Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205652970 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Cobb Community Foundation Inc?

Cobb Community Foundation Inc, based in Atlanta, Georgia, serves as a bridge between donors and causes. Acting as a grant maker, charitable fund manager, and community catalyst, the foundation encourages philanthropic giving and supports various charitable organizations. In 2022, they distributed nearly $2 million in grants and scholarships, with a majority of the recipients located in Cobb County and the surrounding Metro Atlanta area. The foundation's mission is to inspire charitable giving, build resources for the future, and connect passionate donors with causes that matter. In this role, they help donors create impactful funds and channel their contributions to organizations focused on health, human services, education, community service, and the arts, totaling over $3.7 million in donor funds and $1.5 million in grants in 2022. With a team of 7 dedicated individuals, Cobb Community Foundation actively contributes to the betterment of its community.


Official website here: www.cobbfoundation.org

Is Cobb Community Foundation Inc legitimate?

Cobb Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cobb Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $127,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,601

For more financial information, click here


Official website here: www.cobbfoundation.org

What is the mission statement of Cobb Community Foundation Inc?

The Cobb Community Foundation's mission is centered around inspiring charitable giving, building resources for the future, and connecting donors who care with causes that matter. As a grant maker, charitable fund manager, and community catalyst, the foundation fosters collaboration for long-term impact. In 2022, the foundation made total grants and scholarships of nearly $2 million, with donor advisors contributing over $3.7 million to various types of donor funds and awarding $1.5 million in grants to 223 charitable organizations. A significant portion of the grants were given to local organizations, with over a third based in Cobb County. The foundation primarily supports causes in the areas of health, human services, education, community service, and the arts, with 80% of the funds granted going to organizations in the Metro Atlanta area.


Official website here: www.cobbfoundation.org

Who is the CEO of Cobb Community Foundation Inc?

Shari B Martin is the President & Ceo of Cobb Community Foundation Inc. The CEO's salary of Cobb Community Foundation Inc is $127,300 and their total compensation is $132,100.


Official website here: www.cobbfoundation.org

What is the revenue of Cobb Community Foundation Inc?

Cobb Community Foundation Inc's revenue in 2022 was $5,133,714.


Official website here: www.cobbfoundation.org

Who are the executives of Cobb Community Foundation Inc and what are their salaries?

The average compensation at Cobb Community Foundation Inc during 2022 was $47,414. There are 7 employees and 26 volunteers at Cobb Community Foundation Inc.

Here are 27 key members and their salaries (Cobb Community Foundation Inc's CEO's salary is $127,300 and their total compensation is $132,100):

    Shari Martin (President & Ceo)
  • Compensation: $127,300
  • Related: $0
  • Other: $4,800

    • Kim Gresh (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Gruehn (First Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyette Holmes (Second Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Stevens (Second Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Harmon (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Barnwell (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Rhoden (Founding Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Mcmullen (Immediate Past Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alana Mueller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Dallas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Bonstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Callie Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Buyers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Krueger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gaspar Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Cooper Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neera Bahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Imler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Tillery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Bunten Guthrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Styf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis Reeves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trey Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trish Pagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cobbfoundation.org

    Where can I find the form 990 for Cobb Community Foundation Inc?

    The Cobb Community Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cobbfoundation.org

    Learn more at the official website: www.cobbfoundation.org

    Mission Statement of Cobb Community Foundation Inc

    Cobb Community Foundation, a public charity, is driven by a mission to foster thriving communities and aid those who contribute and serve within them. As a grant maker, charitable fund manager, and community catalyst, the organization's mission is threefold: inspiring charitable giving, building resources for the future, and connecting donors who care with causes that matter. By doing so, Cobb Community Foundation aims to create lasting impact in their community.

    In practice, Cobb Community Foundation serves as a bridge between donors and the causes they care about. Their donor advisors contributed over $3.7 million to various funds established at the foundation in 2022, and granted $1.5 million to 223 charitable organizations. These organizations primarily focused on health, human services, education, community service, and the arts. A significant portion of these grants, over one-third, were awarded to organizations based in Cobb County, while two-thirds were directed towards nonprofits within the Metro Atlanta area.

    In summary, Cobb Community Foundation's mission is to inspire and facilitate charitable giving, build resources for future generations, and connect donors with causes that resonate with them. By playing the role of a community catalyst, the organization fosters collaboration for long-term impact and strengthens the social fabric of their community.

    Impact

    This information is meant to be a general summary of Cobb Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cobb Community Foundation Inc's impact is substantial and far-reaching. In 2022 alone, they made total grants and scholarships of nearly $2 million. By connecting donors with causes that matter, they facilitated the contribution of over $3.7 million to various types of donor funds, resulting in $1.5 million in grants awarded to 223 charitable organizations. Notably, over one-third of the grantees were based in Cobb County, and two-thirds of the total grants were allocated to organizations in Cobb County. The Foundation's work extends beyond their immediate community, as eighty percent of all granted funds supported organizations in the metro Atlanta area. Through their mission of inspiring charitable giving, building resources for the future, and fostering connections between donors and causes, Cobb Community Foundation Inc is making a significant impact in driving positive change and community development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $611,246
  • Program Service Revenue: $86,230
  • Gross Receipts: $15,851,326

    • Assets and Liabilities:
  • Total Assets: $22,816,588
  • Total Liabilities: $9,573,748
  • Net Assets: $13,242,840
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FEE INCOME

    Revenue

    $86,230

    Organization Details

    Founding Year

    2005

    Principal Officer

    Shari B Martin

    Main Address

    1100 CIRCLE 75 PKWY 1000, ATLANTA, GA, 30339

    NTEE Category

    Code: A12 - Arts

    If you are a representative of Cobb Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.