Overview
What is Georgia Community Foundation Inc?
Georgia Community Foundation Inc is a nonprofit organization situated in Peachtree Corners, Georgia. Their primary focus is on making contributions to charitable, educational, literary, or scientific organizations that fall under the category of 501(C)(3) organizations, primarily benefiting the state of Georgia. This foundation's mission is to promote and support charitable and educational activities within Georgia while providing philanthropic advice and charitable giving services to donors and their families. Particularly, they emphasize educational opportunities for children from low-income families. With a team of 14 dedicated individuals, Georgia Community Foundation Inc strives to make a positive impact in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Georgia Community Foundation Inc has earned a solid Three-Star rating from Charity Navigator, indicating a generally favorable standing in terms of accountability and financial health. With an overall score of 82%, the organization demonstrates strong governance practices, highlighted by a fully independent board and a comprehensive set of policies including conflict of interest and whistleblower guidelines.
Financially, the foundation shows impressive metrics, with a program expense ratio of over 81%, meaning a significant portion of its funds are directed towards its charitable programs. Additionally, its liabilities to assets ratio is low at 3.56%, showcasing effective management of its financial resources. The foundation also reports zero costs associated with fundraising, indicating efficient operational practices.
While the foundation exhibits several strengths, the Three-Star rating suggests there is room for improvement in certain areas, but no specific limitations were noted in the data. Overall, Georgia Community Foundation Inc demonstrates a commitment to transparency and effective resource allocation, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Community Foundation Inc legitimate?
Georgia Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $155,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $526,027
For more financial information, click here
What is the mission statement of Georgia Community Foundation Inc?
Georgia Community Foundation Inc's mission is centered around promoting and supporting charitable and educational activities. The organization provides philanthropic advice and charitable giving services to donors and their families, with a strong emphasis on educational opportunities for children from low-income families. They contribute to various 501(C)(3) organizations, primarily focusing on benefiting the state of Georgia. The foundation's activities aim to improve the lives of individuals and communities through charitable contributions and philanthropic guidance.
Who is the CEO of Georgia Community Foundation Inc?
Lisa M Kelly is the Chairman Emeritus of Georgia Community Foundation Inc.
What is the revenue of Georgia Community Foundation Inc?
Georgia Community Foundation Inc's revenue in 2022 was $5,425,549.
Who are the executives of Georgia Community Foundation Inc and what are their salaries?
The average compensation at Georgia Community Foundation Inc during 2022 was $48,645. There are 14 employees at Georgia Community Foundation Inc.
Here are 17 key members and their salaries:
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- Compensation: $168,248
- Related: $159,443
- Other: $27,125
- Compensation: $94,998
- Related: $80,002
- Other: $3,400
- Compensation: $88,658
- Related: $63,960
- Other: $9,450
- Compensation: $95,577
- Related: $92,525
- Other: $16,132
- Compensation: $81,295
- Related: $75,934
- Other: $15,413
Where can I find the form 990 for Georgia Community Foundation Inc?
Georgia Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Georgia Community Foundation Inc
Georgia Community Foundation Inc is committed to fostering and supporting charitable and educational activities within Georgia. Their mission is to provide philanthropic advice and charitable giving services to donors and their families, with a particular emphasis on educational opportunities for children from low-income families. The organization aims to promote and facilitate charitable activities, working closely with 501(c)(3) organizations that operate primarily in and for the benefit of the state of Georgia. Their contributions help fund religious, educational, charitable, literary, or scientific organizations, contributing to the betterment of their community.
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Impact
July, 2024
Georgia Community Foundation Inc's impact can be seen in the way it promotes and supports charitable and educational activities in Georgia. The organization provides philanthropic advice and charitable giving services to donors and their families, with a special emphasis on educational opportunities for children from low-income families. By making contributions to various charitable, educational, and scientific organizations that qualify as 501(c)(3) organizations, primarily benefiting the state of Georgia, the foundation plays a vital role in enhancing the welfare and educational prospects of individuals and communities in the region. Its commitment to philanthropy is evident in its mission to support initiatives that positively impact the lives of those in need.
This information is meant to be a general summary of 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: $473,665
- Program Service Revenue: $1,761,972
- Gross Receipts: $13,523,852
Assets and Liabilities:
- Total Assets: $21,007,116
- Total Liabilities: $749,191
- Net Assets: $20,257,925
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE INCOME
Revenue
$1,761,972
Organization Details
Founding Year
1991
Phone
(770) 828-4625Principal Officer
Lisa M Kelly
Main Address
3740 DAVINCI COURT SUITE 375, PEACHTREE CORNERS, GA, 30092
NTEE Category
Code: T31Z - Philanthropy
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