Overview
What is Southern Partners Fund Inc?
Southern Partners Fund Inc, based in Atlanta, Georgia, is a foundation that supports grassroots community organizations in the rural South. Their mission is to promote racial, economic, and environmental justice by providing financial resources, technical assistance, training, and access to systems of information and empowerment. In 2022, they awarded grants totalling $1,816,411 to 77 non-profit organizations within their 12-state funding region. With a team of six dedicated individuals, Southern Partners Fund Inc aims to serve and uplift southern communities and organizations in their pursuit of social, economic, and environmental equality.
Official website here: www.southernpartnersfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star rating)
Southern Partners Fund Inc has achieved a high rating of 91% from Charity Navigator, indicating strong accountability and financial health. The organization boasts an impressive Leadership & Adaptability score of 100, reflecting its effective governance and strategic planning. With a program expense ratio of 78.34%, the majority of its funds are directed towards its mission-driven activities.
However, one notable limitation is that the organization does not have any independent board members, which raises questions about governance diversity and oversight. Despite this, the organization demonstrates excellent financial practices, including no material diversion of assets and a solid audit and oversight approach. The working capital ratio of 6.29 years suggests a strong financial position, allowing for sustainability in achieving its goals.
Southern Partners Fund Inc aims to grow its endowment and launch initiatives such as a Rapid Response Voter Protection fund. They are also committed to increasing philanthropic support for grassroots organizing in the rural Southeast. Overall, the organization’s strong ratings highlight its effective operations and commitment to its strategic objectives while acknowledging room for improvement in board independence.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Partners Fund Inc legitimate?
Southern Partners Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Partners Fund 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: $268,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $326,815
For more financial information, click here
Official website here: www.southernpartnersfund.org
What is the mission statement of Southern Partners Fund Inc?
Southern Partners Fund Inc is a foundation dedicated to supporting grassroots community organizations in their pursuit of racial, economic, and environmental justice. The organization achieves this by providing financial resources, technical assistance, training, and access to systems of information and power. Its mission is to serve communities and organizations seeking social, economic, and environmental justice, with a focus on empowerment. In 2022, the fund awarded grants totaling $1,816,411 to 77 non-profit organizations within its 12-state funding region.
Official website here: www.southernpartnersfund.org
Who is the CEO of Southern Partners Fund Inc?
Carolyn Ford is the Treasurer of Southern Partners Fund Inc.
Official website here: www.southernpartnersfund.org
What is the revenue of Southern Partners Fund Inc?
Southern Partners Fund Inc's revenue in 2022 was $2,134,554.
Official website here: www.southernpartnersfund.org
Who are the executives of Southern Partners Fund Inc and what are their salaries?
The average compensation at Southern Partners Fund Inc during 2022 was $99,181. There are 6 employees and 25 volunteers at Southern Partners Fund Inc.
Here are 8 key members and their salaries:
- Compensation: $147,000
- Related: $0
- Other: $53,673
- Compensation: $30,350
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $6,750
- Related: $0
- Other: $0
- Compensation: $6,750
- Related: $0
- Other: $0
- Compensation: $6,750
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
Official website here: www.southernpartnersfund.org
Where can I find the form 990 for Southern Partners Fund Inc?
Southern Partners Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southernpartnersfund.org
Learn more at the official website: www.southernpartnersfund.org
Mission Statement of Southern Partners Fund Inc
Southern Partners Fund is a foundation dedicated to supporting grassroots community organizations in their pursuit of racial, economic, and environmental justice. By providing financial resources, technical assistance, training, and access to systems of information and empowerment, this organization seeks to serve communities and organizations across the South. The mission of Southern Partners Fund is to equip these organizations with the necessary tools to foster social, economic, and environmental change in their respective communities. In 2022, the foundation awarded grants totaling $1,816,411 to 77 non-profit organizations within their 12-state funding region, demonstrating their commitment to this mission.
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Impact
July, 2024
Southern Partners Fund Inc's impact is profound in supporting grassroots community organizations in the rural South to advance racial, economic, and environmental justice. Through providing financial resources, technical assistance, training, and access to systems of information and power, the fund plays a crucial role in empowering local communities. In 2022 alone, Southern Partners Fund awarded $1,816,411 in grants to 77 non-profit organizations located in its 12-state funding region. This direct support enables these organizations to continue their important work and drive positive change within their communities.
This information is meant to be a general summary of Southern Partners Fund 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: $445,426
- Gross Receipts: $8,623,689
Assets and Liabilities:
- Total Assets: $20,097,875
- Total Liabilities: $432,892
- Net Assets: $19,664,983
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Organization Details
Founding Year
1998
Phone
(404) 541-9091Principal Officer
Carolyn Ford
Main Address
1 BALTIMORE PLACE 150, ATLANTA, GA, 30308
Website
www.southernpartnersfund.orgNTEE Category
Code: P80 - Human services
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