Form 990 for tax year 2024
Filed by FUND FOR SOUTHERN COMMUNITIES INC.
Totals
- Total revenue
- $378,793
- Total expenses
- $455,415
- Contributions and grants received
- $253,604
- Grants paid
- $197,115
- Program service revenue
- $1,590
- Investment income
- $120,916
- Other revenue
- $2,683
- Total assets, end of year
- $4,428,769
- Total liabilities, end of year
- $42,555
- Net assets or fund balances, end of year
- $4,386,214
- Program services expenses (Part IX)
- $376,439
- Management and general expenses
- $40,316
- Fundraising expenses
- $38,660
- Program service expenses (Part III)
- $376,439
Program services were 82.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$253,604
-
2a · Program service revenue: SERVICES
total $1,590 · related or exempt $1,590
-
3 · Investment income
total $120,916 · excluded $120,916
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER REVENUE
total $2,683 · related or exempt $2,683
-
11e · Other revenue, total
$2,683
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $197,115 · program services $197,115
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $117,090 · program services $77,784 · management and general $17,469 · fundraising $21,837
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $17,614 · program services $11,701 · management and general $2,628 · fundraising $3,285
-
8 · Pension plan contributions
total $14,101 · program services $9,367 · management and general $2,104 · fundraising $2,630
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $5,757 · program services $3,824 · management and general $859 · fundraising $1,074
-
11a · Fees: management
total $2,078 · management and general $2,078
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,750 · management and general $1,750
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $5,560 · management and general $5,560
-
11g · Fees: other
total $2,468 · program services $1,639 · management and general $369 · fundraising $460
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $5,427 · program services $3,606 · management and general $809 · fundraising $1,012
-
14 · Information technology
total $2,280 · program services $1,515 · management and general $340 · fundraising $425
-
15 · Royalties
total $0
-
16 · Occupancy
total $37,400 · program services $24,845 · management and general $5,580 · fundraising $6,975
-
17 · Travel
total $516 · program services $516
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $4,472 · program services $2,971 · management and general $667 · fundraising $834
-
24a · Other expenses: PROGRAM EXPENSES
total $41,100 · program services $41,100
-
24b · Other expenses: BANK SERVICE CHARGES
total $401 · program services $266 · management and general $60 · fundraising $75
-
24c · Other expenses: OTHER
total $286 · program services $190 · management and general $43 · fundraising $53
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $642,664 · end of year $350,687
-
2 · Savings and temporary cash investments
beginning of year $82,058 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $110,253 · end of year $6,940
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $3,994 · end of year $3,994
-
10a · Land, buildings and equipment: cost or other basis
$57,792
-
10b · Land, buildings and equipment: accumulated depreciation
$57,792
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $3,365,380 · end of year $3,562,854
-
12 · Investments: other securities
beginning of year $500,000 · end of year $500,000
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $28,063 · end of year $2,194
-
15 · Other assets
beginning of year $2,100 · end of year $2,100
-
17 · Accounts payable and accrued expenses
beginning of year $241,113 · end of year $40,361
-
25 · Other liabilities
beginning of year $28,063 · end of year $2,194
-
27 · Net assets without donor restrictions
beginning of year $2,245,141 · end of year $2,059,371
-
28 · Net assets with donor restrictions
beginning of year $2,220,195 · end of year $2,326,843
Mission and programs · 2024
Mission
The Fund for Southern Communities is a public foundation that supports and unites organizations and donors working to create just and sustainable communities that are free of oppression and that embrace and celebrate all people. Through grant-making and related activities the Fund for Southern Communities fosters social change initiated by community-based groups in Georgia, North Carolina and South Carolina.
Activities or mission (Part I)
The Fund for Southern Communities is a public foundation that supports and unites organizations and donors working to create just and sustainable communities that are free of oppression and that embrace and celebrate all people.
-
The Fund for Southern Communities (FSC or The Fund) provides the financial resource to help move groups from thought to action. FSC supports small community groups working for environmental justice, anti-racism, women's rights, youth development, LGBTQ rights, worker's rights, civil rights and disability rights and other varied issues that address social change through community organizing. Grantees not only benefit from financial support, but they are also given technical assistance. FSC is unusual in that it awards grants to community organizations that are working to address the systems and structures that cause community problems. Often traditional charities and private foundations overlook these organizations because their projects are considered too new, the organization too small, or their objectives are too controversial. The Fund is willing to make grants to these groups and organizations because we believe that communities working on their own behalf are powerful forces for change.
Expenses $376,439 · Grants $197,115 · Revenue $1,590
As filed on the 2024 return.
Listed in Part VII
-
Alice Eason JenkinsALICE EASON JENKINS
Executive Dir.
- Total calculated
- $116,400
- From this org
- $105,000
- From related orgs
- $0
- Other
- $11,400
- Hours/week
- 40
-
Darren HolmesDARREN HOLMES
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Demetria LedbetterDEMETRIA LEDBETTER
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Imara CanadyIMARA CANADY
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Shelia MooreSHELIA MOORE
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Chrystal MorrisCHRYSTAL MORRIS
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Shanon PazderaSHANON PAZDERA
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian K SandersBRIAN K SANDERS
Director
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$78,550
VARIOUS
-
$20,000
SBGWC Emergency Grant
-
$20,000
BLACK GIRL DREAM FUND
-
$20,000
EMERGENCY GRANT
-
ORGANIZATIONAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 September 2026
- IRS schema version
- 2024v5.2
- Source object
- 202602589349301120
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