EIN 58-1344646

The Community Foundation for Greater Atlanta

IRS 501(c) type
501(c)(3)
Num. employees
70
State
Year formed
1951
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Community Foundation for Greater Atlanta inspires and leads the region towards equity and shared prosperity for all. As the #1 city for income inequality in the nation, there is an urgent need to address pressing community needs. The foundation has made equity their top priority under the leadership of Frank Fernandez.
Also known as...
William E Newey Charitable Tuw; The Hurt Bldg
Total revenues
$170,621,384
2022
Total expenses
$207,338,080
2022
Total assets
$1,082,753,744
2022
Num. employees
70
2022

Program areas at The Community Foundation for Greater Atlanta

Philanthropic services - see schedule o for complete description.the Community Foundation is our region's steward of The long-term philanthropic assets that are entrusted to us for The future of Greater Atlanta. In 2022, our total assets were $1.2 billion.we distributed over $194 million in grants and support in 2022. That represents 10,000 grants awarded to over 3,200 nonprofits locally, nationally and internationally. Of these grants, over 70% stayed within our 23-county metro Atlanta region. Grants were made to 28 issue areas, The top three being healthcare, education, and arts/culture/ humanities. Our organization distributed 15% of our total assets through grantmaking in 2022.our generous donors make our work possible. We received more than $143 million in gifts in 2022 and established 35 new funds. Our most popular giving vehicle is The donor-advised fund. In 2022, 82% of our total grants were made through donor-advised funds.
Community leadership and initiatives - see schedule o for complete description.throughout 2021, The ripple effect of covid-19 made its widespread impact on The Atlanta region. Children continued with hybrid-at-best school options, businesses permanently closed, live performances were shuttered and workers were being laid off. Our partnership with united way of Greater Atlanta continued, ultimately raising, collecting and dispersing $32 million in funds for The Greater Atlanta covid-19 response and recovery fund, while taking no fees for The work. Supported by dollars from philanthropy, government and corporate partners, The covid-19 fund received donations from thousands of individuals, foundations and corporations. The Community needs continued to evolve as The pandemic issued its toil. While initial grants were focused on providing crucial services at a high scale to high-risk audiences including seniors and families with children.2021 evidence showed specific populations disproportionately impacted black, latinx, undocumented and immigrant populations. As The situation in our Community evolved, The fund pivoted to address rapidly changing needs, such as small business support and mental health. During 2020 and 2021, The covid-19 fund mobilized $28.2 million to benefit 478 nonprofits in Atlanta. This program was amplified by our 900+ donors families, who gave in excess of $100 million to nonprofits The Community Foundation recommended who were on The front lines of The pandemic.
Competitive grants - see schedule o for complete descriptionthe Foundation awards grants through both competitive and non-competitive channels. The greatest number of grants are awarded through non-competitive channels, such as donor-advised funds, where grant investments are recommended by The donor or fund advisor often with The guidance of his or her philanthropic advisor. In 2016, The Community Foundation began exploring The development of a program designed to close The opportunity gap in The thomasville heights Community in southeast Atlanta. Begun by our donors who eventually became known as The spark opportunity giving circle, their collective grantmaking, education of The issues and place-based focus has been a catalyst for additional investments from their donor-advised funds. Our impact strategy includes grantmaking, strategic nonprofit partnerships, policy advocacy and thrive thomasville, a resident-led council that directs funding to community-designed projects. Thrive builds on neighborhood strengths and enables community-led strategies to develop and address neighborhood needs by The residents who call it home.in 2021, The place-based giving focus in thomasville heights shifted to address The short-term and immediate needs of The thomasville heights Community, such as housing, food insecurity and emergency funds. We also announced our plans for togetheratl, our new strategic plan beginning in january of 2022, that will move place-based strategies to The forefront.

Grants made by The Community Foundation for Greater Atlanta

GranteeGrant descriptionAmount
Grady Health SystemHealth Care$47,067,144
Redefined AtlantaEducation$7,975,112
Achieve AtlantaEducation$6,369,062
...and 945 more grants made totalling $171,174,734

Who funds The Community Foundation for Greater Atlanta

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Joseph B Whitehead FoundationFor the Joseph B. Whitehead Fund To Support Achieve Atlanta, An Initiative To Improve the Postsecondary Success of Students in Atlanta Public Schools.$17,000,028
Joseph B Whitehead FoundationFor the Joseph B. Whitehead Child Well-Being Fund.$5,000,023
Blue Meridian PartnersTo Support Economic Mobility$2,000,000
...and 69 more grants received totalling $37,693,302

Personnel at The Community Foundation for Greater Atlanta

NameTitleCompensation
Frank FernandezPresident and Chief Executive Officer$521,084
Mark KnowsExecutive Vice President
Mark SuttonChief Financial Officer$207,078
Debbie Schumacher-JonesChief of Staff
Ayana GabrielVice President , Community Impact$217,127
...and 32 more key personnel

Financials for The Community Foundation for Greater Atlanta

RevenuesFYE 12/2022
Total grants, contributions, etc.$119,143,018
Program services$1,390,247
Investment income and dividends$17,021,641
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$33,066,478
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$170,621,384

Form 990s for The Community Foundation for Greater Atlanta

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
2018-122020-01-27990View PDF
...and 12 more Form 990s

Organizations like The Community Foundation for Greater Atlanta

OrganizationLocationRevenue
Arkansas Community FoundationLittle Rock, AR$82,995,729
Community Foundation of New JerseyMorristown, NJ$153,275,906
San Francisco Foundation (TSFF)San Francisco, CA$297,436,709
The Denver FoundationDenver, CO$137,620,038
Community Foundation of Greater Des MoinesWest Des Moines, IA$130,145,897
California Community FoundationLos Angeles, CA$542,926,624
Seattle FoundationSeattle, WA$159,592,537
The San Diego FoundationSan Diego, CA$283,565,373
Community Foundation of Jackson HoleJackson, WY$59,674,419
Marin Community FoundationNovato, CA$225,299,426
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 16, 2024
Updated personnel
Identified 4 new personnel
December 28, 2023
Used new vendors
Identified 2 new vendors, including , and
December 28, 2023
Received grants
Identified 23 new grant, including a grant for $1,000,000 from The Hamond Family Foundation
October 6, 2023
Updated personnel
Identified 14 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelReceives government fundingProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
191 Peachtree St Ne Suite 1000
Atlanta, GA 30303
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Fulton County, GA
Website URL
cfgreateratlanta.org/ 
Phone
(404) 688-5525
Facebook page
cfgreateratlanta 
IRS details
EIN
58-1344646
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1951
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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