Overview
What is Community Foundation Of South Georgia Inc?
Community Foundation of South Georgia Inc, based in Thomasville, Georgia, is a local nonprofit organization dedicated to addressing various charitable needs across South Georgia. With a team of just three employees, they encourage giving and inspire action by managing funds created by individuals, families, businesses, and non-profits. Their efforts lead to improved lives in the region through grants and scholarships distributed from 174 donor-advised funds, 8 designated funds, 28 field-of-interest funds, 54 scholarship funds, 83 agency endowment funds, and 7 general funds. Their mission is to make a positive impact on the community by supporting a wide range of organizations and post-secondary educational institutions.
Official website here: www.cfsga.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Community Foundation of South Georgia Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The charity's score is derived solely from its accountability and finance score, indicating a commitment to transparency and sound financial management practices. This strong rating highlights the organization's effective governance and oversight, as evidenced by its independent board structure and comprehensive policies.
Strengths of the organization include a high percentage of independent board members, robust financial oversight, and strong performance metrics such as a program expense ratio of 91.62%. Additionally, the foundation has demonstrated its financial stability with a low liabilities to assets ratio and effective fundraising efficiency, ensuring that a significant portion of its resources is directed toward its mission rather than administrative costs.
While the data showcases numerous strengths, it is important for potential donors to consider the organization's focus on financial metrics, which may not fully capture the impact of its programs. However, the strong accountability measures in place suggest a reliable and responsible organization worthy of support.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of South Georgia Inc legitimate?
Community Foundation Of South Georgia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of South Georgia 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: $213,186
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,533
For more financial information, click here
Official website here: www.cfsga.net
What is the mission statement of Community Foundation Of South Georgia Inc?
The Community Foundation of South Georgia Inc inspires giving and takes action to enhance lives in the region. It achieves this goal by establishing local funds on behalf of individuals, families, businesses, and non-profits. The organization's mission is to address charitable needs in South Georgia through grants and scholarships distributed from various funds. These funds consist of 174 donor advised funds, 8 designated funds, 28 field of interest funds, 54 scholarship funds, 83 agency endowments, and 7 general funds. By fostering charitable giving, the foundation works to improve the lives of people in the community.
Official website here: www.cfsga.net
Who is the CEO of Community Foundation Of South Georgia Inc?
David Carlton is the Chairman of Community Foundation Of South Georgia Inc.
Official website here: www.cfsga.net
What is the revenue of Community Foundation Of South Georgia Inc?
Community Foundation Of South Georgia Inc's revenue in 2022 was $15,818,157.
Official website here: www.cfsga.net
Who are the executives of Community Foundation Of South Georgia Inc and what are their salaries?
The average compensation at Community Foundation Of South Georgia Inc during 2022 was $128,906. There are 3 employees at Community Foundation Of South Georgia Inc.
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Official website here: www.cfsga.net
Where can I find the form 990 for Community Foundation Of South Georgia Inc?
Community Foundation Of South Georgia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfsga.net
Learn more at the official website: www.cfsga.net
Mission Statement of Community Foundation Of South Georgia Inc
The Community Foundation of South Georgia, a leading philanthropic organization, is dedicated to inspiring giving and taking action to enhance the lives of people in South Georgia. This mission is realized through the establishment of local funds by individuals, families, businesses, and non-profits within the region.
By fostering a culture of giving, the Community Foundation serves as a catalyst for positive change. It provides resources and support to various charitable organizations and post-secondary educational institutions throughout South Georgia, ensuring that their initiatives make a lasting impact on the community. The organization manages an extensive portfolio of funds, including 174 donor-advised funds, 8 designated funds, 28 field-of-interest funds, 54 scholarship funds, 83 agency endowments, and 7 general funds. These funds play a crucial role in addressing the diverse charitable needs of South Georgia and empowering the local community to make a difference.
The impact of the Community Foundation of South Georgia extends far beyond just financial support. It fosters collaboration between various organizations and stakeholders, creating partnerships that fuel sustainable growth and development. By connecting donors with meaningful causes, the foundation strengthens the social fabric of South Georgia and inspires a spirit of generosity and community engagement. Through its grantmaking and scholarship programs, the organization is making a tangible difference in the lives of countless individuals, helping them to reach their full potential and build a better future for themselves and their communities.
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Impact
October, 2024
The Community Foundation of South Georgia Inc. significantly impacts the region by fostering a culture of philanthropy and community support. Through the establishment of various local funds created by individuals, families, businesses, and nonprofits, it effectively encourages giving and inspires action to meet the diverse charitable needs of South Georgia.
By managing a robust portfolio of 174 donor advised funds, 8 designated funds, 28 field of interest funds, 54 scholarship funds, 83 agency endowment funds, and 7 general funds, the foundation allocates grants and scholarships to a wide array of organizations and post-secondary educational institutions. This financial aid directly contributes to the enhancement of community resources, educational opportunities, and overall quality of life for residents.
The foundation’s initiatives create pathways for improved livelihoods, empowering individuals and groups to pursue various projects that bring about positive change. By investing in education and local nonprofits, it lays the groundwork for sustainability and growth in the region, ultimately uplifting the entire community. Through strategic partnerships and targeted funding, the Community Foundation of South Georgia Inc. plays a crucial role in shaping a brighter future for South Georgia.
This information is meant to be a general summary of Community Foundation Of South Georgia 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: $2,351,205
- Gross Receipts: $46,065,816
Assets and Liabilities:
- Total Assets: $100,980,382
- Total Liabilities: $9,928,575
- Net Assets: $91,051,807
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Organization Details
Founding Year
1995
Phone
(229) 228-5088Principal Officer
David Carlton
Main Address
PO BOX 2654, THOMASVILLE, GA, 31799
Website
www.cfsga.netNTEE Category
Code: T31 - Philanthropy
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