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The Community Foundation For Greater Atlanta Inc

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

EIN: 581344646 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is The Community Foundation For Greater Atlanta Inc?

The Community Foundation for Greater Atlanta Inc, located in Atlanta, Georgia, serves as a steward of long-term philanthropic assets for the future of the Greater Atlanta region. With total assets amounting to $1.2 billion in 2022, they distributed over $194 million in grants and support throughout the year. These grants supported over 3,200 nonprofits locally, nationally, and internationally, with 70% of the funds staying within the 23-county metro Atlanta region. The organization focuses on 28 issue areas, with healthcare, education, and arts/culture/humanities being the top three. In 2022, 15% of their total assets were distributed through grantmaking. Generous donors enabled their work, contributing over $143 million in gifts and establishing 35 new funds. The most popular giving vehicle is the donor-advised fund, with 82% of their total grants made through these funds. The Community Foundation aims to inspire and lead the region toward equity and shared prosperity for all, addressing the pressing needs in the community with urgency.


Official website here: www.cfgreateratlanta.org

Is The Community Foundation For Greater Atlanta Inc legitimate?

The Community Foundation For Greater Atlanta Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation For Greater Atlanta 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: $1,552,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,509,735

For more financial information, click here


Official website here: www.cfgreateratlanta.org

What is the mission statement of The Community Foundation For Greater Atlanta Inc?

The Community Foundation for Greater Atlanta Inc is committed to inspiring and leading the region towards equity and shared prosperity for all. Recognizing the pressing needs in the community, particularly the high income inequality rate in the nation, the foundation has prioritized equity as its top focus. In response, they have outlined a strategic plan, TogetherATL, which serves as a blueprint for championing equity and leading collaboratively with nonprofit partners, civic leaders, and donors. Through this collective effort, they aim to secure prosperity for all throughout the region.


Official website here: www.cfgreateratlanta.org

Who is the CEO of The Community Foundation For Greater Atlanta Inc?

Frank Fernandez is the President of The Community Foundation For Greater Atlanta Inc.


Official website here: www.cfgreateratlanta.org

What is the revenue of The Community Foundation For Greater Atlanta Inc?

The Community Foundation For Greater Atlanta Inc's revenue in 2022 was $170,621,384.


Official website here: www.cfgreateratlanta.org

Who are the executives of The Community Foundation For Greater Atlanta Inc and what are their salaries?

The average compensation at The Community Foundation For Greater Atlanta Inc during 2022 was $86,599. There are 70 employees and 44 volunteers at The Community Foundation For Greater Atlanta Inc.

Here are 32 key members and their salaries:

    Frank Fernandez (President)
  • Compensation: $521,084
  • Related: $0
  • Other: $75,614

    • Kenneth Zeff (Exec. Dir., Learn4Life)
  • Compensation: $244,393
  • Related: $0
  • Other: $24,619

    • Ayana Gabriel (Vp, Community Impact)
  • Compensation: $217,127
  • Related: $0
  • Other: $14,283

    • Judith Elyse Hammett (Vp Of Marketing & Communic)
  • Compensation: $204,471
  • Related: $0
  • Other: $25,737

    • Mark Sutton Cpa (Cfo)
  • Compensation: $207,078
  • Related: $0
  • Other: $16,678

    • Novella Noble (Vp, People)
  • Compensation: $204,652
  • Related: $0
  • Other: $14,957

    • Markly Crosswell (Managing Director, Social Impact)
  • Compensation: $171,682
  • Related: $0
  • Other: $35,238

    • Alison O'Carroll (Director, Philanthropic Counsel)
  • Compensation: $172,584
  • Related: $0
  • Other: $11,789

    • Muhammed Drammeh (Assistant Controller)
  • Compensation: $138,616
  • Related: $0
  • Other: $21,836

    • Coleman Loper (Interim Cfo)
  • Compensation: $136,635
  • Related: $0
  • Other: $939

    • Susan Grant (Board Chair And Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Alston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Bennecke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Berg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bert Clark (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard W Courts Iv (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Ann Crommett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fran Gary (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Hines (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Hooker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Houston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Lam (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wonya Lucas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Pollack (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dantes Rameau (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Roemer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dekia Scott (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jewel Burks Solomon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelli Stewart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Wilkinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Wilson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Studie Young (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfgreateratlanta.org

    Where can I find the form 990 for The Community Foundation For Greater Atlanta Inc?

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


    Official website here: www.cfgreateratlanta.org

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

    Mission Statement of The Community Foundation For Greater Atlanta Inc

    The Community Foundation for Greater Atlanta, a leading organization in the region, is committed to inspiring and driving equity and shared prosperity for all. In the face of Atlanta's status as the number one city in the nation for income inequality, the Community Foundation has made equity its top priority. With a bold and comprehensive 2022-2026 strategic plan, TogetherAtl, this esteemed institution is dedicated to championing equity and leading boldly in collaboration with nonprofit partners, civic leaders, and donors.

    Through its strategic plan, the Community Foundation for Greater Atlanta aims to secure prosperity for all throughout the region. By embracing equity as its primary focus, this philanthropic powerhouse is determined to address the pressing needs of the community with the urgency required. Together, it will work towards creating a more equitable society where everyone can thrive.

    Impact

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




    Thursday, August 15, 2024

    The impact of The Community Foundation For Greater Atlanta Inc is profound. With total assets of $1.2 billion in 2022, the foundation distributed over $194 million in grants to support various causes locally, nationally, and internationally. Over 70% of these grants stayed within the 23-county metro Atlanta region, focusing on critical areas such as healthcare, education, and arts/culture/humanities. Through strategic grantmaking, The Community Foundation For Greater Atlanta Inc distributed 15% of its total assets, making a significant difference in the communities it serves. Additionally, the foundation received more than $143 million in gifts in 2022 and established 35 new funds, showcasing the generosity of its donors. By embracing equity as its top priority and championing initiatives through its strategic plan, TOGETHERATL, The Community Foundation For Greater Atlanta Inc is working to address pressing needs and secure prosperity for all throughout the region.





    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: $50,088,119
  • Program Service Revenue: $1,390,247
  • Gross Receipts: $748,683,520

    • Assets and Liabilities:
  • Total Assets: $1,082,753,744
  • Total Liabilities: $55,719,497
  • Net Assets: $1,027,034,247
  • Programs

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

    CFGA ASSET FEES

    Revenue

    $1,390,247

    Organization Details

    Founding Year

    1951

    Principal Officer

    Frank Fernandez

    Main Address

    191 PEACHTREE STREET NE SUITE 1000, ATLANTA, GA, 30303

    NTEE Category

    Code: T31 - Philanthropy

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