Families First Endowment Trust

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

EIN: 581466244 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Families First Endowment Trust?

Families First Endowment Trust is a supporting organization established for Families First, Inc., a nonprofit based in Atlanta, Georgia. The trust's primary role is to manage and invest designated funds on behalf of Families First, Inc. The income generated from these investments is then utilized to sustain the organization's critical services and programs, aimed at supporting families and children. The trust serves as a financial backbone, ensuring the continuity and growth of Families First, Inc.'s mission to uplift families and children in need.

Is Families First Endowment Trust legitimate?

Families First Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Families First Endowment Trust 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 Families First Endowment Trust?

The Families First Endowment Trust serves as a supporting organization for Families First, Inc. Its primary role is to manage designated funds on their behalf. The income generated from the trust's investments is intended to support the services and programs of Families First, Inc., thereby contributing to its mission of aiding families and children. Essentially, the trust's purpose is to financially bolster the initiatives of Families First, Inc., thereby advancing their mission in the community.

Who is the CEO of Families First Endowment Trust?

Paula Moody is the Senior Dir Programs of Families First Endowment Trust. The CEO's salary of Families First Endowment Trust is $0 and their total compensation is $240,308.

What is the revenue of Families First Endowment Trust?

Families First Endowment Trust's revenue in 2022 was $224,678.

Who are the executives of Families First Endowment Trust and what are their salaries?


Here are 12 key members and their salaries (Families First Endowment Trust's CEO's salary is $0 and their total compensation is $240,308):


Douglas Aldridge (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Curry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Winters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Yates (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Demba (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Showell Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Moody (Senior Dir Programs)
  • Compensation: $0
  • Related: $112,551
  • Other: $9,345
Schwanna C Lakine (Cfo)
  • Compensation: $0
  • Related: $147,893
  • Other: $6,885
Elizabeth Plott (Chief Dev. Officer)
  • Compensation: $0
  • Related: $127,150
  • Other: $9,231
Julio Carrillo (Chief Of Operations)
  • Compensation: $0
  • Related: $153,341
  • Other: $9,495
Depriest Waddy (Ceo)
  • Compensation: $0
  • Related: $232,308
  • Other: $8,000
Where can I find the form 990 for Families First Endowment Trust?

Families First Endowment Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Families First Endowment Trust

The Families First Endowment Trust is a supporting organization established to aid Families First, Inc. Its primary mission is to acquire, manage, and invest designated funds on behalf of Families First, Inc. The income generated from these investments is intended to support and fund the various services and programs provided by Families First, Inc., thereby contributing to its overall mission of supporting family and children's services.

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Impact




October, 2024

Families First Endowment Trust significantly impacts the community by providing essential financial support to Families First, Inc., which focuses on enhancing family and child services. By acquiring, holding, and administering designated funds, the trust ensures that the income generated from its investments directly contributes to the vital programs and services aimed at improving the well-being of families in Atlanta, Georgia. This structured financial support helps sustain initiatives that address various challenges faced by families, thereby fostering stronger family units and enriching the lives of children. Through its efforts, the trust plays a crucial role in enabling Families First, Inc. to fulfill its mission and respond effectively to the needs of the community it serves.




This information is meant to be a general summary of Families First Endowment Trust. 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.

Revenue
$224,678 (2022)
Expenses
$340,254 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $224,678
  • Gross Receipts: $3,910,815

Assets and Liabilities:

  • Total Assets: $6,716,597
  • Total Liabilities: $0
  • Net Assets: $6,716,597

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Organization Details

Founding Year

1981

Principal Officer

Paula Moody

Main Address

80 JOSEPH E LOWERY BOULEVARD NW, ATLANTA, GA, 303143421

NTEE Category

Code: P20 - Human services

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