Skip to content
Nonprofiteer
← CF FOUNDATION INC

Form 990 for tax year 2024

Filed by CF FOUNDATION INC.

Totals

Total revenue
$13,723,890
Total expenses
$12,744,739
Contributions and grants received
$9,308,585
Grants paid
$10,732,375
Program service revenue
$0
Investment income
$4,285,054
Other revenue
$130,251
Total assets, end of year
$59,479,892
Total liabilities, end of year
$2,810,465
Net assets or fund balances, end of year
$56,669,427
Program services expenses (Part IX)
$11,644,673
Management and general expenses
$1,100,066
Fundraising expenses
$0
Program service expenses (Part III)
$11,644,673

Program services were 91.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • LILLIAN C GIORNELLI

    OFFICER/DIRECTOR

    Total calculated
    $0
    Hours/week
    24

  • SHIRLEY FRANKLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TOM CHARLESWORTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THOMAS G COUSINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GEORGE WIRTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANA JACKSON

    OFFICER

    Total calculated
    $0
    Hours/week
    1

  • TIFFANY PADOLSKY

    OFFICER

    Total calculated
    $138,885
    From this org
    $104,082
    From related orgs
    $0
    Other
    $34,803
    Hours/week
    40

  • PAULA ANDREWS

    OFFICER

    Total calculated
    $0
    Hours/week
    1

  • SHERIE DUCASSE

    EMPLOYEE

    Total calculated
    $132,023
    From this org
    $105,388
    From related orgs
    $0
    Other
    $26,635
    Hours/week
    40

  • CYNTHIA KUHLMAN

    EDUCATION

    Total calculated
    $270,200
    From this org
    $242,837
    From related orgs
    $0
    Other
    $27,363
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $214,284
    Bonus
    $21,600
    Other
    $6,953
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $242,837

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION PAID A BONUS BASED ON THE ACCOMPLISHMENT OF THEIR INDIVIDUALS GOALS FOR THE YEAR TO THE EMPLOYEES LISTED IN FORM 990, PART VII, SECTION A, LINE 1A.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202513179349303641

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.