Overview
What is Greater Atlanta Chamber Foundation Inc?
Greater Atlanta Chamber Foundation Inc, based in Atlanta, Georgia, serves as a community fund, primarily focusing on promoting charitable and educational projects aligned with the Atlanta Chamber of Commerce. They spearhead various initiatives to attract and retain young talent in Metro Atlanta, such as the CHOOSE ATL marketing campaign, ATL Tour, After 5 internship program, and ATLeaders young professional group. The foundation also supports i-Nav, a digital platform providing internship and entry-level job opportunities to 38 regional colleges and universities. Their mission is to enhance the city of Atlanta and its metropolitan area through these projects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
The Greater Atlanta Chamber Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, indicating areas where the organization can enhance its operations and transparency. With an overall score of 71%, the foundation demonstrates strong governance, particularly through a fully independent board and a well-functioning audit and oversight committee. However, concerns arise regarding the lack of whistleblower and document retention policies, as well as missing financial disclosures on its website.
Despite its robust program expense ratio of 96.41%, showcasing effective allocation of resources towards its mission, the foundation's liabilities to assets ratio of 177.73% signals potential financial instability. This figure, combined with missing essential financial documentation, underscores the need for greater financial transparency and risk management practices.
Overall, while the Greater Atlanta Chamber Foundation Inc shows commitment in governance and program spending, addressing its gaps in financial disclosures and policies will be crucial for improving its accountability and trustworthiness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Atlanta Chamber Foundation Inc legitimate?
Greater Atlanta Chamber Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Atlanta Chamber 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Greater Atlanta Chamber Foundation Inc?
The Greater Atlanta Chamber Foundation Inc was established with the purpose of funding specific projects that promote charitable and educational initiatives. Serving as a community fund, it primarily focuses on supporting Atlanta Chamber of Commerce-oriented projects that aim to better the city and its metropolitan area. The foundation is dedicated to funding projects that enhance the community, including initiatives like the Choose ATL marketing campaign, ATL Tour, After 5 internship program, ATLeaders young professional group, and a digital platform for internships and entry-level job opportunities. These initiatives aim to attract and retain talent, provide educational experiences, and foster a sense of community in the city.
Who is the CEO of Greater Atlanta Chamber Foundation Inc?
Anna Kirkpatrick is the President & Ceo of Greater Atlanta Chamber Foundation Inc. The CEO's salary of Greater Atlanta Chamber Foundation Inc is $0 and their total compensation is $681,449.
What is the revenue of Greater Atlanta Chamber Foundation Inc?
Greater Atlanta Chamber Foundation Inc's revenue in 2022 was $1,530,359.
Who are the executives of Greater Atlanta Chamber Foundation Inc and what are their salaries?
There 199 volunteers at Greater Atlanta Chamber Foundation Inc.
Here are 206 key members and their salaries (Greater Atlanta Chamber Foundation Inc's CEO's salary is $0 and their total compensation is $681,449):
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Where can I find the form 990 for Greater Atlanta Chamber Foundation Inc?
Greater Atlanta Chamber Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Atlanta Chamber Foundation Inc
Greater Atlanta Chamber Foundation, Inc., established with a community-focused approach, serves as a funding source for chamber of commerce-oriented projects designed to promote charitable and educational initiatives within the city of Atlanta and its metropolitan area. The organization's mission is to foster projects that ultimately contribute to the betterment of the city, attracting and retaining the next generation of talent.
One of the Foundation's key initiatives is the Choose ATL marketing campaign, which aims to entice and maintain young professionals in the metropolitan Atlanta area. This campaign involves various programs, such as the ATL Tour, which allows students from universities across the country to delve into the city's unique culture and industries. Additionally, the Foundation organizes After 5 events, hosting over a thousand Atlanta-based interns each summer to showcase the city's strong sense of community and culture.
Furthermore, the Greater Atlanta Chamber Foundation, Inc., supports AtLeaders, a young professional group that offers access to the city's business community and a network of peers for Atlanta's future leaders. Lastly, the organization contributes to the i-Nav digital platform, providing internship and entry-level job opportunities to 38 regional colleges and universities, thereby expanding its reach and impact in the community.
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Impact
July, 2024
The Greater Atlanta Chamber Foundation Inc's impact includes running initiatives such as CHOOSE ATL marketing campaign, which focuses on attracting and retaining the next generation talent to metro Atlanta. They also organize ATL Tour, bringing students from universities across the country to Atlanta for a deep dive into the city's culture and industries. Additionally, the foundation hosts more than 1,000 Atlanta-based interns each summer for a series of after-work experiences that showcase Atlanta's rich sense of community and culture. Their programs like ATLLeaders provide young professionals with access to the business community and a network of peers. They also support I-NAV, a digital platform connecting interns and entry-level job opportunities to 38 regional colleges and universities. The foundation's work contributes to promoting charitable and educational projects in the city of Atlanta and its metropolitan area, making a positive impact on the community.
This information is meant to be a general summary of Greater Atlanta Chamber Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $35,153
- Gross Receipts: $1,530,359
Assets and Liabilities:
- Total Assets: $2,261,587
- Total Liabilities: $4,019,528
- Net Assets: -$1,757,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARKETING
Revenue
$35,053
CHOOSE ATL AFTER 5
Revenue
$100
Organization Details
Founding Year
1977
Phone
(404) 586-8436Principal Officer
Anna Kirkpatrick
Main Address
191 Peachtree ST NE suite 3400, ATLANTA, GA, 30303
NTEE Category
Code: T30 - Philanthropy
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