Mission
THE ORGANIZATION'S MISSION IS TO ASSIST CITIES IN THEIR EFFORTS TO REVITALIZE AND ENHANCE DOWNTOWN AREAS BY SERVING AS A PARTNER AND FACILITATOR IN FUNDING CAPITAL PROJECTS THROUGH A REVOLVING LOAN FUND.
Public Charity
GEORGIA CITIES FOUNDATION INC
GEORGIA CITIES FOUNDATION INC, of ATLANTA, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.6M in revenue, $618K in expenses, $21.1M in total assets. 2 publicly reported grants to this organization, totaling roughly $9K, appear in IRS filings.
EIN: 582475939
ATLANTA, GA
Urban & Community Economic Development
NTEE: S31
Latest filing: 2024
Total Revenue$3.6M
Total Expenses$618K
Total Assets$21.1M
Grant Records2
Funding Total$9K
Filing Years2019–2024
Where $100 goes at Georgia Cities Foundation Inc
How Georgia Cities Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$93
Programs
the work itself
$7
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 $93 for programs
$34
The development revolving loan program provides loans based on leadership, accountability, long-term sustainability, and potential for private investment
$33
The energy rebate program provides rebates for energy efficient upgrades to commercial buildings up to twenty five percent of the cost of the eligible energy efficiency improvements with…
$13
Conferences to educate and inform state leaders on the importance of successful downtown development and its role in supporting overall economic development efforts for regions and communities
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
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
$250
HEALTHCARE GA FDTN CDFI CAPACITY BUILDING PASS-THROUGH GRANT
$8,500
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Bo Chance
BOARD MEMBER
Brandon Riddick-Seals
BOARD MEMBER
Cathryn Houchins
BOARD MEMBER
Christopher Nunn
BOARD MEMBER
Cinque Axam
BOARD MEMBER
Elyse Davis
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.6M | $618K | $21.1M |
| 2023 | $813K | $400K | $18.2M |
| 2022 | $330K | $860K | $17.8M |
| 2020 | $344K | $438K | $16.6M |
| 2019 | $471K | $477K | $16.6M |
Between 2019 and 2024, reported annual revenue grew from $471K to $3.6M (+665%), with total assets most recently reported at $21.1M.
Interactive year-over-year charts and full filing details available with membership.