Community Foundation

NEW FOUND COMMUNITY FOUNDATION INC

NEW FOUND COMMUNITY FOUNDATION INC is a Community Foundation headquartered in ATLANTA, GA. Financial data from the 2024 filing: $2.8M revenue, $1.2M expenses, $63.4M total assets. 1 publicly reported grants to this organization, totaling roughly $1.8M, appear in IRS filings.

EIN: 451957153 ATLANTA, GA Fund Raising & Fund Distribution NTEE: E12 Latest filing: 2024
Total Revenue$2.8M
Total Expenses$1.2M
Total Assets$63.4M
Grant Records1
Funding Total$1.8M
Filing Years2019–2024

Mission

TO BENEFIT THE RESIDENTS OF SEMINOLE COUNTY, GEORGIA, AND ITS SURROUNDING REGION BY PROVIDING MUCH NEEDED FUNDS IN A MANNER THAT WILL INCREASE THE HEALTH AND WELFARE OF THE COMMUNITY.

Where $100 goes at New Found Community Foundation Inc

How New Found Community Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
Paid indigent care healthcare expenses of those persons below poverty level
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2019
OPERATIONS
$1,800,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Director Diane Thomas
Director Douglas E Faircloth
CHRM/DIRECTO Herman Brookins
Director Keith Pendergrass
SEC/TREAS/DI William R Burke

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,800,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.8M $1.2M $63.4M
2023 $2.5M $2.5M $59.6M
2022 $1.9M $1.1M $53.9M
2020 $1.8M $5.5M $61.2M
2019 $15.9M $4.8M $58.3M

Between 2019 and 2024, reported annual revenue declined from $15.9M to $2.8M (-82%), with total assets most recently reported at $63.4M.

Interactive year-over-year charts and full filing details available with membership.

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