Public Charity

COBB MEMORIAL FOUNDATION INC

Based in FRANKLIN SPRINGS, GA, COBB MEMORIAL FOUNDATION INC operates as a Public Charity. The organization reported $670K in revenue, $2.8M in expenses, $31.1M in total assets for fiscal year 2024. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $1.5M.

EIN: 465502814 FRANKLIN SPRINGS, GA Single Organization Support NTEE: E11 Latest filing: 2024
Total Revenue$670K
Total Expenses$2.8M
Total Assets$31.1M
Grant Records2
Funding Total$1.5M
Filing Years2019–2024

Mission

COBB MEMORIAL FOUNDATION INC. WAS FORMED TO PROVIDE INVESTMENT AND FUNDRAISING SUPPORT TO, AND TO ESTABLISH AN ENDOWMENT FOR COMMUNITY SERVICES GROUP, INC. (FORMERLY TY COBB HEALTHCARE SYSTEM, INC.) A SECTION 501(C)(3) ORGANIZATION.

Where $100 goes at Cobb Memorial Foundation Inc

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

$21 Programs the work itself
$79 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 $21 for programs

$21
To operate exclusively for the benefit of, to perform the functions of, and to carry out the purposes of community services group, inc., Specifically by acquiring and administering…
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.

Officers & Directors

BOARD MEMBER Beth Thomas
BOARD MEMBER Deborah Harbin
BOARD MEMBER Don Johnson
BOARD MEMBER F Mayes Davison
Chairman Fort Oglesby
CEO Gregory Hearn

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,514,463 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $670K $2.8M $31.1M
2023 $596K $1.5M $28.4M
2022 $406K $1.0M $24.2M
2020 $634K $664K $28.1M
2019 $721K $878K $26.0M

Between 2019 and 2024, reported annual revenue declined from $721K to $670K (-7%), with total assets most recently reported at $31.1M.

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

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