Overview
What is North Georgia Community Foundation Inc?
The North Georgia Community Foundation Inc, located at 340 JESSE JEWELL PKWY SE STE 605, Gainesville, GA 30501, is a local nonprofit organization with a team of nine employees. They provide donors the opportunity to create a lasting impact by establishing charitable funds to support various nonprofit organizations and causes that resonate with them. The foundation also actively contributes to the community through its Grant Program, disbursing over 11.5 million dollars in grants and scholarships annually. By investing generously in the lives of those who call their community home, the North Georgia Community Foundation fosters growth and development in the local area.
Official website here: www.ngcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
North Georgia Community Foundation Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its excellent performance across various operational metrics. The foundation scored 100% in Accountability & Finance, Culture & Community, and Leadership & Adaptability, indicating a strong commitment to transparency, effective governance, and community engagement. These scores highlight the organization's solid financial health, with a program expense ratio of 96.35%, ensuring that the vast majority of funds are directed towards its mission.
The foundation benefits from a completely independent board of directors, comprised of 24 members, which enhances its accountability and decision-making processes. Notably, the organization has implemented comprehensive policies, including conflict of interest and whistleblower policies, further reinforcing its commitment to ethical practices. Additionally, its strong feedback collection and usage practices demonstrate an ongoing dedication to improving its services based on community input.
Despite its impressive scores, the foundation's Leadership & Adaptability score stands at 100% as well, showcasing its proactive approach to addressing challenges and evolving with the needs of the community. However, there is limited detail on specific leadership strategies in place, which could provide further insight into how the organization plans to sustain its high performance. Overall, North Georgia Community Foundation Inc exemplifies an effective and responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is North Georgia Community Foundation Inc legitimate?
North Georgia Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Georgia 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $215,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $620,913
For more financial information, click here
Official website here: www.ngcf.org
What is the mission statement of North Georgia Community Foundation Inc?
The North Georgia Community Foundation facilitates generous investments in the lives of those residing in the community. Through charitable funds, it enables individuals to support the non-profit organizations and causes that hold significant importance to them. In addition, the foundation distributes grants via its Community Impact Grant Program, enhancing the work of local non-profits. Furthermore, it offers scholarship programs to benefit students, awarding over 11.5 million dollars in grants and scholarships annually.
Official website here: www.ngcf.org
Who is the CEO of North Georgia Community Foundation Inc?
Michelle Prater is the President - of North Georgia Community Foundation Inc.
Official website here: www.ngcf.org
What is the revenue of North Georgia Community Foundation Inc?
North Georgia Community Foundation Inc's revenue in 2022 was $21,735,189.
Official website here: www.ngcf.org
Who are the executives of North Georgia Community Foundation Inc and what are their salaries?
The average compensation at North Georgia Community Foundation Inc during 2022 was $92,915. There are 9 employees and 26 volunteers at North Georgia Community Foundation Inc.
Here are 25 key members and their salaries:
- Compensation: $215,319
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Official website here: www.ngcf.org
Where can I find the form 990 for North Georgia Community Foundation Inc?
North Georgia Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ngcf.org
Learn more at the official website: www.ngcf.org
Mission Statement of North Georgia Community Foundation Inc
The North Georgia Community Foundation is a charitable organization that empowers individuals and non-profits to make generous investments in the lives of those who call their community home. Through the establishment of charitable funds, donors have the opportunity to create a lasting legacy by supporting nonprofit organizations and causes that hold special significance to them. In addition to this, the North Georgia Community Foundation grants funds through their Community Impact Program and scholarships to local students through their scholarship programs. During the past year, they have awarded over 11.5 million dollars in grants and scholarships to various recipients. By offering these opportunities, the North Georgia Community Foundation plays a vital role in strengthening the community and improving the lives of its residents.
The North Georgia Community Foundation serves as a bridge between donors and the causes they care about, enabling them to make a difference in their community. Their mission is to help people and non-profits invest generously, creating opportunities for lasting change. The foundation's team of experts works closely with donors to understand their philanthropic goals and connect them to the organizations and initiatives that align with their values. This collaborative approach ensures that every investment made has a meaningful impact and contributes to the betterment of the community.
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Impact
October, 2024
North Georgia Community Foundation Inc plays a vital role in enhancing the quality of life in the region by encouraging generosity and strategic investments in community needs. Through its various initiatives, it uplifts local organizations and individuals, fostering a culture of giving.
The foundation facilitates the establishment of charitable funds, allowing donors to create lasting legacies that directly impact causes and organizations that matter to them. In addition to supporting nonprofits through its Community Impact Grant Program, the foundation also invests in the future of local students via scholarship programs.
In just one year, it awarded over $11.5 million in grants and scholarships, demonstrating a significant commitment to enriching the community. By connecting resources with pressing needs, the North Georgia Community Foundation Inc empowers individuals, creates opportunities, and strengthens the fabric of North Georgia society.
This information is meant to be a general summary of North Georgia Community 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.
- Investment Income: $3,056,187
- Program Service Revenue: $608,244
- Gross Receipts: $33,049,071
Assets and Liabilities:
- Total Assets: $106,866,039
- Total Liabilities: $5,104,861
- Net Assets: $101,761,178
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$239,147
FOUNDATION FEES - OTHER
Revenue
$140,414
OFFICE RENTAL TO NON PROFITS
Revenue
$133,027
OTHER
Revenue
$95,656
Organization Details
Founding Year
1985
Phone
(770) 535-7880Principal Officer
Michelle Prater
Main Address
340 JESSE JEWELL PKWY SE STE 605, GAINESVILLE, GA, 30501
Website
www.ngcf.orgNTEE Category
Code: T31Z - Philanthropy
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