COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC

DULUTH, GA, 30097-7501 (770) 813-3380 Est. 1985 EIN 58-1557995
T31 - Community Foundations 990 - Public charity return 501(c)(3)
www.cfneg.org

Mission

THE COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA, INC. WAS FOUNDED TO IMPROVE THE QUALITY OF COMMUNITY LIFE THROUGH INCREASED PHILANTHROPY. THE FOUNDATION IS A PUBLIC CHARITY FORMED TO BENEFIT THE CITIZENS OF NORTHEAST GEORGIA THROUGH THE DEVELOPMENT OF ENDOWMENT FUNDS. THE FOUNDATION RECEIVES CHARITABLE CONTRIBUTIONS THAT ARE THEN INVESTED WITH THE INCOME DISBURSED TO NONPROFIT ORGANIZATIONS SERVING IN THE AREAS OF HEALTH, HUMAN SERVICES, EDUCATION, COMMUNITY SERVICE AND THE ARTS.

Giving Portfolio

Total Grants
1,648
Total Giving
$53.4M
Recipients
1,648
Years Active
2018 - 2024
Avg grant: $33,766 Median: $11,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024279$12.8M $46K82197
2023251$11.3M $45K79172
2022251$9.8M $39K123128
2020358$6.9M $19K183175
2019295$4.5M $15K21085
2018214$8.2M $38K2140

Top States

Georgia
1648

Top Grantees

Page 1 of 3
AMERICAN ENDOWMENT FOUNDATION
GA
$3.9M
GWINNETT MEDICAL CENTER FOUNDATION
GA - 6 grants
$2.3M
RAINBOW VILLAGE INC
GA - 6 grants
$1.9M
LOGANVILLE CHRISTIAN ACADEMY
GA - 5 grants
$1.7M
12STONE CHURCH
GA - 6 grants
$1.3M
AURORA THEATRE INC
GA - 6 grants
$1.2M
OBRIA MEDICAL CLINICS - GWINNETT
GA - 4 grants
$1.1M
GEORGIA GWINNETT COLLEGE FOUNDATION
GA - 5 grants
$1.1M
CORNERS OUTREACH INC
GA - 4 grants
$973K
CITY OF CEDARTOWN
GA - 6 grants
$953K

Grants Awarded · 1649 grants

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Financials

Total Revenue
$20,663,214
Total Expenses
$15,278,970
Net Assets
$72,751,837
5 employees 49 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.8 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 21.6%
Expenses ↑ 10.1%
Revenue Sources
Contributions 80.8% Investment 18.5% Other 1.0%
Expense Breakdown
Program 90.8% Management 6.6% Fundraising 2.6%

Officers & Trustees (51)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$20,663,214 ↑$15,278,970$72,751,837
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$16,997,204 ↑$13,883,190$64,107,377
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$10,205,373 ↓$12,211,923$56,303,007
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$12,443,185 ↑$7,925,273$52,512,586
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$11,978,739 ↓$5,486,911$44,303,806
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$12,483,271 $9,205,403$32,866,401

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EIN: 58-1557995 · Source: IRS Form 990 e-file data