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Nonprofit · EIN 58-1344646

THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC

Also known as THE HURT BLDG

Tax-exempt · ATLANTA, GA 30303

Financials

$340.5M$205.8M2023$363.2M$194.1M2024
Revenue Expenses · by fiscal year end
Financials of THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$363,184,536$194,081,921$169,102,615$1,511,857,437$71,909,412$1,439,948,025
December 31, 2023990$340,513,991$205,803,524$134,710,467$1,315,823,521$66,239,645$1,249,583,876
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$261,629,556
of which government grants
$1,251,591
Program service revenue
$1,224,536
Investment income
$100,330,444
Net gain from sales of assets
$71,824,226
Other revenue
$0

Expenses

Grants and similar amounts paid
$173,251,322
Compensation of officers, directors and key employees
$1,996,154
Other salaries and wages
$6,967,355
Salaries, compensation and benefits (total)
$10,938,313
Professional fundraising fees
$0
Legal fees
$113,864
Accounting fees
$97,877
Occupancy
$586,084
Travel
$136,546
Depreciation
$202,848
Program services (functional)
$178,094,011
Management and general (functional)
$13,590,896
Fundraising (functional)
$2,397,014

Balance sheet and other

Total assets, start of year
$1,315,823,521
Total assets, end of year
$1,511,857,437
Total liabilities, end of year
$71,909,412
Net assets, end of year
$1,439,948,025
Land, buildings and equipment
$778,803
Publicly traded securities
$893,642,530
Net assets without donor restrictions
$1,271,963,040
Net assets with donor restrictions
$167,984,985
Gross unrelated business income
$40,606
Gross receipts
$1,110,955,137
Employees
97
Volunteers
45
Year formed
1951
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
FRANK FERNANDEZPRESIDENT
Officer
40$581,419$82,016
MARK SUTTONCFO
Officer
40$283,995$33,512
KENNETH ZEFFEXECUTIVE DIRECTOR, LEARN4
Highest-paid employee
40$280,932$35,927
NOVELLA NOBLEVP, PEOPLE
Key employee
40$272,075$26,498
AYANA GABRIELVP, COMMUNITY IMPACT
Key employee
40$229,703$25,102
TIM BRESNAHANVP, ADVANCEMENT & PHILANTHROPIC SERVICES
Key employee
40$214,832$18,136
JUDITH ELYSE HAMMETTVP, MARKETING & COMMUNICAT
Key employee
40$206,556$22,312
SARAH KIRSCHMANAGING DIRECTOR, HOUSING
Highest-paid employee
40$189,999$26,522
ANDREA LAWYERCONTROLLER
Highest-paid employee
40$185,255$27,734
KEVIN ALLEN NASHDIRECTOR, PHILANTHROPIC &GENERAL COUNSEL
Highest-paid employee
40$197,352$14,694
CHANDRA TRICE-BRUBAKERMANAGING DIRECTOR, IT
Highest-paid employee
40$185,328$26,031
DOUGLAS HOOKERBOARD CHAIR AND OFFICER
Trustee or director
1$0$0
RON ALSTONBOARD MEMBER
Trustee or director
2.5$0$0
JENNIFER BENNECKEBOARD MEMBER
Trustee or director
1$0$0
PETER S BERGBOARD MEMBER
Trustee or director
3$0$0
23 more people on this return
NameTitleHours / weekCompensation
JAINE BROWNBOARD MEMBER
Trustee or director
1.25$0
ROXANA CHICASBOARD MEMBER
Trustee or director
1$0
BERT CLARKBOARD MEMBER
Trustee or director
1.25$0
RICHARD W COURTS IVBOARD MEMBER
Trustee or director
1.25$0
JULIE ANN CROMMETBOARD MEMBER
Trustee or director
0.5$0
SOUMAYA KHALIFABOARD MEMBER
Trustee or director
1$0
TIFFANY MCKENZIEBOARD MEMBER
Trustee or director
1$0
NATOSHA REID RICEBOARD MEMBER
Trustee or director
1$0
LOVETTE RUSSELLBOARD MEMBER
Trustee or director
1$0
FRAN GARYBOARD MEMBER
Trustee or director
0.75$0
JEFFREY HINESBOARD MEMBER
Trustee or director
1$0
JULIA HOUSTONBOARD MEMBER
Trustee or director
2$0
DEBRA LAMBOARD MEMBER
Trustee or director
0.5$0
WONYA LUCASBOARD MEMBER
Trustee or director
0.75$0
MARC POLLACKBOARD MEMBER
Trustee or director
1$0
DANTES RAMEAUBOARD MEMBER
Trustee or director
1.25$0
JOHANNA ELLIS REISINGERBOARD MEMBER
Trustee or director
1$0
DAVID ROEMERBOARD MEMBER
Trustee or director
1$0
DEKIA SCOTTBOARD MEMBER
Trustee or director
1$0
JEWEL BURKS SOLOMONBOARD MEMBER
Trustee or director
0.75$0
MARJY STAGMEIERBOARD MEMBER
Trustee or director
1.25$0
KELLI STEWARTBOARD MEMBER
Trustee or director
1.25$0
RYAN WILSONBOARD MEMBER
Trustee or director
1.25$0
990 for the year ended December 31, 2023: 35 people
NameTitleHours / weekCompensationOther / benefits
FRANK FERNANDEZPRESIDENT
Officer
40$564,152$83,436
KENNETH ZEFFEXECUTIVE DIRECTOR, LEARN4LIFE
Highest-paid employee
40$269,231$38,418
MARK SUTTONCFO
Officer
40$276,245$16,547
AYANA GABRIELVP, COMMUNITY IMPACT
Key employee
40$227,436$18,283
NOVELLA NOBLEVP, PEOPLE
Key employee
40$211,868$22,261
JUDITH ELYSE HAMMETTVP, MARKETING & COMMUNICATIONS
Key employee
40$204,777$23,639
SARAH KIRSCHMANAGING DIRECTOR, HOUSING FUNDS
Highest-paid employee
40$189,643$16,807
ANDREA LAWYERCONTROLLER
Highest-paid employee
40$188,066$17,738
CHANDRA TRICE-BRUBAKERMANAGING DIRECTOR, IT
Highest-paid employee
40$187,333$16,807
JOHN WHITEVP, PHILANTHROPY
Key employee
40$185,704$12,748
MUHAMMED DRAMMEHASSISTANT CONTROLLER
Highest-paid employee
40$163,599$22,370
DOUGLAS HOOKERBOARD CHAIR AND OFFICER
Trustee or director
1$0$0
RON ALSTONBOARD MEMBER
Trustee or director
2.5$0$0
JENNIFER BENNECKEBOARD MEMBER
Trustee or director
1$0$0
PETER S BERGBOARD MEMBER
Trustee or director
3$0$0
BERT CLARKBOARD MEMBER
Trustee or director
1.25$0$0
RICHARD W COURTS IVBOARD MEMBER
Trustee or director
1.25$0$0
JULIE ANN CROMMETBOARD MEMBER
Trustee or director
0.5$0$0
FRAN GARYBOARD MEMBER
Trustee or director
0.75$0$0
SUSAN GRANTBOARD MEMBER
Trustee or director
2.5$0$0
JEFFREY HINESBOARD MEMBER
Trustee or director
1$0$0
JULIA HOUSTONBOARD MEMBER
Trustee or director
2$0$0
DEBRA LAMBOARD MEMBER
Trustee or director
0.5$0$0
WONYA LUCASBOARD MEMBER
Trustee or director
0.75$0$0
MARC POLLACKBOARD MEMBER
Trustee or director
1$0$0
DANTES RAMEAUBOARD MEMBER
Trustee or director
1.25$0$0
JOHANNA ELLIS REISINGERBOARD MEMBER
Trustee or director
1$0$0
DAVID ROEMERBOARD MEMBER
Trustee or director
1$0$0
DEKIA SCOTTBOARD MEMBER
Trustee or director
1$0$0
JEWEL BURKS SOLOMONBOARD MEMBER
Trustee or director
0.75$0$0
MARJY STAGMEIERBOARD MEMBER
Trustee or director
1.25$0$0
KELLI STEWARTBOARD MEMBER
Trustee or director
1.25$0$0
JERRY WILKINSONBOARD MEMBER
Trustee or director
2.5$0$0
RYAN WILSONBOARD MEMBER
Trustee or director
1.25$0$0
STUDIE YOUNGBOARD MEMBER
Trustee or director
2.5$0$0

Address and contacts

Address (IRS master file)
191 PEACHTREE ST NE STE 1000, ATLANTA, GA 30303-1741
In care of
% CHRISTIE BROWN
Principal officer (990 for 2024)
FRANK FERNANDEZ, 191 PEACHTREE STREET NE SUITE 1000, ATLANTA, GA 30303
Signed the 990
FRANK FERNANDEZ, PRESIDENT
Phone
(404) 688-5525
Return prepared by
MAULDIN & JENKINS LLC

Mission

ATLANTA IS #1 FOR INCOME INEQUALITY IN THE NATION. AS SUCH, THE NEEDS IN OUR COMMUNITY ARE PRESSING AND WE NEED TO MOVE WITH THE URGENCY OF NOW TO ADDRESS THOSE NEEDS. THE COMMUNITY FOUNDATION HAS UNEQUIVOCALLY EMBRACED EQUITY AS OUR #1 PRIORITY. OUR 2022 2026 STRATEGIC PLAN, TOGETHERATL, IS A BLUEPRINT FOR HOW THE COMMUNITY FOUNDATION WILL CHAMPION EQUITY AND LEAD BOLDLY IN COLLABORATION WITH NONPROFIT PARTNERS, CIVIC LEADERS AND DONORS. TOGETHER, WE WILL WORK TO SECURE PROSPERITY FOR ALL THROUGHOUT THE REGION.

990 for the year ended December 31, 2024

Program accomplishments

  • PHILANTHROPIC SERVICES - SEE SCHEDULE O FOR COMPLETE DESCRIPTION.THE COMMUNITY FOUNDATION IS OUR REGION'S STEWARD OF THE LONG-TERM PHILANTHROPIC ASSETS THAT ARE ENTRUSTED TO US FOR THE FUTURE OF GREATER ATLANTA. IN 2024, OUR TOTAL ASSETS WERE $1.512 BILLION.WE DISTRIBUTED OVER $173 MILLION IN GRANTS AND SUPPORT IN 2024. THAT REPRESENTS 11,835 GRANTS AWARDED TO OVER 3,000 NONPROFITS LOCALLY, NATIONALLY AND INTERNATIONALLY. OF THESE GRANTS, OVER 64% STAYED WITHIN OUR 23-COUNTY METRO ATLANTA REGION. GRANTS WERE MADE TO 26 ISSUE AREAS, THE TOP THREE BEING HEALTH CARE, EDUCATION, AND HUMAN SERVICES. OUR ORGANIZATION DISTRIBUTED 11% OF OUR TOTAL ASSETS THROUGH GRANTMAKING IN 2024.OUR GENEROUS DONORS MAKE OUR WORK POSSIBLE. WE RECEIVED MORE THAN $262 MILLION IN GIFTS IN 2024 AND ESTABLISHED 33 NEW FUNDS. OUR MOST POPULAR GIVING VEHICLE IS THE DONOR-ADVISED FUND. IN 2024, 81% OF OUR TOTAL GRANTS WERE MADE THROUGH DONOR-ADVISED FUNDS.
    Expenses $147,532,709 · grants $147,532,709 · revenue $1,224,536
  • COMPETITIVE GRANTS - SEE SCHEDULE O FOR COMPLETE DESCRIPTIONTHE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE AND NON-COMPETITIVE CHANNELS. THE GREATEST NUMBER OF GRANTS ARE AWARDED THROUGH NON-COMPETITIVE CHANNELS, SUCH AS DONOR-ADVISED FUNDS, WHERE GRANT INVESTMENTS ARE RECOMMENDED BY THE DONOR OR FUND ADVISOR OFTEN WITH THE GUIDANCE OF HIS OR HER PHILANTHROPIC ADVISOR, WHO IS ASSIGNED TO THE DONOR VIA THEIR WORK FOR THE FOUNDATION. THE COMMUNITY FOUNDATION PROVIDES GRANTS TO HUNDREDS OF NONPROFITS IN THE METRO ATLANTA REGION FOCUSED ON MAKING OUR COMMUNITY A BETTER PLACE FOR ALL THAT CALL ATLANTA HOME. IN 2024, THE COMMUNITY FOUNDATION MADE SIGNIFICANT INVESTMENTS, IN PARTNERSHIP WITH MANY NONPROFITS AND THE CITY OF ATLANTA, IN CREATING AND PRESERVING OVER 1,000 UNITS OF AFFORDABLE HOUSING IN OUR COMMUNITY. FURTHER, THE COMMUNITY FOUNDATION PROVIDED GRANTS TO NONPROFITS FOCUSED ON IMPROVING NEIGHBORHOODS LIKE THOMASVILLE HEIGHTS AND FAIR OAKS AS WELL AS IN SUPPORTING NONPROFITS FOCUSED ON ADDRESSING OUR COMMUNITY'S INCOME AND WEALTH GAP LIKE THE GRO FUND AND EASTER SEALS. THESE ARE BUT A FEW EXAMPLES OF THE CONSIDERABLE COMMUNITY IMPACT OF THE GRANTS MADE WITH OUR DONORS.
    Expenses $24,067,932 · grants $24,067,932
  • COMMUNITY LEADERSHIP AND INITIATIVES - SEE SCHEDULE O FOR COMPLETE DESCRIPTION.THROUGHOUT 2021, THE RIPPLE EFFECT OF COVID-19 MADE ITS WIDESPREAD IMPACT ON THE ATLANTA REGION. CHILDREN CONTINUED WITH HYBRID-AT-BEST SCHOOL OPTIONS, BUSINESSES PERMANENTLY CLOSED, LIVE PERFORMANCES WERE SHUTTERED, AND WORKERS WERE BEING LAID OFF. OUR PARTNERSHIP WITH UNITED WAY OF GREATER ATLANTA CONTINUED, ULTIMATELY RAISING, COLLECTING AND DISPERSING $30 MILLION IN FUNDS FOR THE GREATER ATLANTA COVID-19 RESPONSE AND RECOVERY FUND, WHILE TAKING NO FEES FOR THE WORK. SUPPORTED BY DOLLARS FROM PHILANTHROPY, GOVERNMENT AND CORPORATE PARTNERS, THE COVID-19 FUND RECEIVED DONATIONS FROM THOUSANDS OF INDIVIDUALS, FOUNDATIONS AND CORPORATIONS. THE COMMUNITY NEEDS CONTINUED TO EVOLVE AS THE PANDEMIC ISSUED ITS TOIL. WHILE INITIAL GRANTS WERE FOCUSED ON PROVIDING CRUCIAL SERVICES AT A HIGH SCALE TO HIGH-RISK AUDIENCES INCLUDING SENIORS AND FAMILIES WITH CHILDREN 2021 EVIDENCE SHOWED SPECIFIC POPULATIONS DISPROPORTIONATELY IMPACTED BLACK, LATINX, UNDOCUMENTED AND IMMIGRANT POPULATIONS. AS THE SITUATION IN OUR COMMUNITY EVOLVED, THE FUND PIVOTED TO ADDRESS RAPIDLY CHANGING NEEDS, SUCH AS SMALL BUSINESS SUPPORT AND MENTAL HEALTH. DURING 2020 AND 2021, THE COVID-19 FUND MOBILIZED $28.2 MILLION TO BENEFIT 478 NONPROFITS IN ATLANTA. THIS PROGRAM WAS AMPLIFIED BY OUR 900+ DONOR FAMILIES, WHO GAVE IN EXCESS OF $100 MILLION TO NONPROFITS THE COMMUNITY FOUNDATION RECOMMENDED WHO WERE ON THE FRONT LINES OF THE PANDEMIC.
    Expenses $6,493,370 · grants $1,650,681

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1344646
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,511,857,437
Income (IRS master file)
$1,110,955,137

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$363,184,536$194,081,921$1,511,857,437XML
990-TDecember 2024–––IRS
990December 2023$340,513,991$205,803,524$1,315,823,521XML
990-TDecember 2023–––IRS
990December 2022$170,621,384$207,338,080$1,082,753,744IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1344646).

Questions about THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC

What is the EIN of THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC?
The employer identification number (EIN) of THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC is 58-1344646.
Is THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC?
The 990 for the year ended December 31, 2024 names FRANK FERNANDEZ.
Who are the officers and directors of THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC?
The 990 for the year ended December 31, 2024 lists 38 people; 11 received compensation from the organization, the highest $581,419 (FRANK FERNANDEZ, PRESIDENT).
How much revenue does THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $363,184,536, expenses of $194,081,921 and total assets of $1,511,857,437 at year end.

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