Form 990 for tax year 2023
Filed by COMMUNITY FOUNDATION OF THE CHATTAHOOCHEE VALLEY INC.
Totals
- Total revenue
- $43,424,174
- Total expenses
- $40,133,723
- Contributions and grants received
- $34,752,080
- Grants paid
- $38,522,949
- Program service revenue
- $376,709
- Investment income
- $8,295,304
- Other revenue
- $81
- Total assets, end of year
- $349,038,349
- Total liabilities, end of year
- $4,526,268
- Net assets or fund balances, end of year
- $344,512,081
- Program services expenses (Part IX)
- $38,769,514
- Management and general expenses
- $1,208,109
- Fundraising expenses
- $156,100
- Program service expenses (Part III)
- $38,769,514
Program services were 96.6% 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
$34,752,080
-
1g · Noncash contributions included above
$29,282,189
-
2a · Program service revenue: CHANGE IN FAIR VALUE OF SPLIT INT
total $376,709 · related or exempt $376,709
-
3 · Investment income
total $5,065,682 · excluded $5,065,682
-
7a · Gross sales of assets other than inventory
securities $45,829,374
-
7b · Less cost or other basis and sales expenses
securities $42,599,752
-
7c · Gain or loss
securities $3,229,622
-
7d · Net gain or loss
total $3,229,622 · related or exempt $3,229,622
-
11a · Other revenue: MISCELLANEOUS INCOME
total $81 · related or exempt $81
-
11e · Other revenue, total
$81
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $38,471,820 · program services $38,471,820
-
2 · Grants to domestic individuals
total $51,129 · program services $51,129
-
5 · Compensation of officers, directors and key employees
total $273,930 · program services $43,829 · management and general $202,708 · fundraising $27,393
-
7 · Other salaries and wages
total $521,904 · program services $83,505 · management and general $386,209 · fundraising $52,190
-
9 · Other employee benefits
total $53,952 · program services $8,633 · management and general $39,923 · fundraising $5,396
-
10 · Payroll taxes
total $55,150 · program services $8,824 · management and general $40,811 · fundraising $5,515
-
11b · Fees: legal
total $9,972 · management and general $9,972
-
11d · Fees: lobbying
total $7,500 · program services $1,200 · management and general $5,550 · fundraising $750
-
11f · Fees: investment management
total $319,670 · program services $51,147 · management and general $236,556 · fundraising $31,967
-
11g · Fees: other
total $34,610 · management and general $34,610
-
12 · Advertising and promotion
total $54,056 · program services $8,649 · management and general $40,001 · fundraising $5,406
-
13 · Office expenses
total $14,618 · program services $2,339 · management and general $10,817 · fundraising $1,462
-
14 · Information technology
total $5,104 · management and general $5,104
-
16 · Occupancy
total $65,276 · program services $10,445 · management and general $48,303 · fundraising $6,528
-
17 · Travel
total $6,979 · program services $1,117 · management and general $5,164 · fundraising $698
-
22 · Depreciation, depletion and amortization
total $18,078 · management and general $18,078
-
23 · Insurance
total $13,056 · program services $2,089 · management and general $9,661 · fundraising $1,306
-
24a · Other expenses: SOFTWARE
total $81,338 · program services $13,014 · management and general $60,190 · fundraising $8,134
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $23,980 · program services $3,837 · management and general $17,745 · fundraising $2,398
-
24c · Other expenses: STRATEGIC PLANNING
total $14,101 · program services $2,256 · management and general $10,435 · fundraising $1,410
-
24d · Other expenses: MISCELLANEOUS
total $13,520 · program services $2,163 · management and general $10,004 · fundraising $1,353
-
24e · All other expenses
total $23,980 · program services $3,518 · management and general $16,268 · fundraising $4,194
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $826,771 · end of year $1,292,453
-
2 · Savings and temporary cash investments
beginning of year $8,851,745 · end of year $13,978,572
-
3 · Pledges and grants receivable
beginning of year $1,834,656 · end of year $1,262,123
-
4 · Accounts receivable
beginning of year $8,659
-
10a · Land, buildings and equipment: cost or other basis
$359,417
-
10b · Land, buildings and equipment: accumulated depreciation
$285,398
-
10c · Land, buildings and equipment, net
beginning of year $86,858 · end of year $74,019
-
11 · Investments: publicly traded securities
beginning of year $59,319,853 · end of year $53,996,964
-
12 · Investments: other securities
beginning of year $225,397,290 · end of year $276,619,999
-
15 · Other assets
beginning of year $2,151,510 · end of year $1,814,219
-
17 · Accounts payable and accrued expenses
beginning of year $38,750 · end of year $31,658
-
25 · Other liabilities
beginning of year $4,686,622 · end of year $4,494,610
-
27 · Net assets without donor restrictions
beginning of year $290,179,804 · end of year $341,135,749
-
28 · Net assets with donor restrictions
beginning of year $3,572,166 · end of year $3,376,332
Mission and programs · 2023
Mission
THE COMMUNITY FOUNDATION OF THE CHATTAHOOCHEE VALLEY ENABLES AND PROMOTES PHILANTHROPY THAT INSPIRES, FACILITATES AND FOSTERS A VIBRANT AND ENGAGED CHATTAHOOCHEE VALLEY.
-
THE FOUNDATION RECEIVED $34,752,080 IN CONTRIBUTION INCOME FROM APPROXIMATELY 991 DONORS DURING THE YEAR. IN ADDITION, GRANTS WERE DISPERSED TO APPROXIMATELY 751 RECIPIENTS TOTALING $38,522,949.
Expenses $38,769,514 · Grants $38,522,949 · Revenue $3,606,412
As filed on the 2023 return.
Listed in Part VII
-
Alan F Rothschild JrALAN F ROTHSCHILD JR
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 1
-
David M WhiteDAVID M WHITE
IMMEDIATE PAST CHAIR/BOARD
- Total calculated
- $0
- Hours/week
- 1
-
George FlowersGEORGE FLOWERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ben RichardsonBEN RICHARDSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert E NoblesROBERT E NOBLES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Trip TomlinsonTRIP TOMLINSON
CHAIR DISTRIBUTIONS
- Total calculated
- $0
- Hours/week
- 1
-
Adrian J ChesterADRIAN J CHESTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
J Len WilliamsJ LEN WILLIAMS
TREASURER/CHAIR FINANCE/IN
- Total calculated
- $0
- Hours/week
- 1
-
Melissa E GaunttMELISSA E GAUNTT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
L Dupuy SearsL DUPUY SEARS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Geniece R GranvilleGENIECE R GRANVILLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rodney K MahoneRODNEY K MAHONE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
James C Elder JrJAMES C ELDER JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth M Henson JrKENNETH M HENSON JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anna Marie McWilliamsANNA MARIE MCWILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tyler A TownsendTYLER A TOWNSEND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gwen RuffGWEN RUFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas B BettinNICHOLAS B BETTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gardiner W Garrard JrGARDINER W GARRARD JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Dionne M Rosser-MimsDR DIONNE M ROSSER-MIMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Warren B SteeleWARREN B STEELE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Betsy CovingtonBETSY COVINGTON
PRESIDENT & CEO
- Total calculated
- $249,060
- From this org
- $224,061
- From related orgs
- $0
- Other
- $24,999
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $224,061
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $24,999
- Filer's total
- $249,060
-
Leah PooleLEAH POOLE
CFO
- Total calculated
- $166,002
- From this org
- $158,383
- From related orgs
- $0
- Other
- $7,619
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,383
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $7,619
- Filer's total
- $166,002
-
Kelli ParkerKELLI PARKER
VP GRANTS & PROGRAMS
- Total calculated
- $137,708
- From this org
- $131,436
- From related orgs
- $0
- Other
- $6,272
- Hours/week
- 40
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
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
BILLY GRAHAM EVANGELISTIC ASSOCIATION
$8,000,000
MULTIPLE SUPPORT
-
NEMA FOUNDATION INC DBA PROVISIONBRIDGE
$8,000,000
SHEPHERD'S FUND
-
$2,668,880
MULTIPLE SUPPORT
-
$1,876,439
MULTIPLE SUPPORT
-
MUSCOGEE COUNTY SCHOOL DISTRICT
$1,602,980
MULTIPLE SUPPORT
-
DIRECT & PAYMENTS ON BEHALF OF MULTIPLE CHARITABLE & 501(C)(3) ORGANIZATION
$1,380,941
MULTIPLE SUPPORT
-
UNITED WAY OF THE CHATTAHOOCHEE VALLEY INC
$1,338,290
MULTIPLE SUPPORT
-
$1,100,500
MULTIPLE SUPPORT
-
$976,024
GENERAL DONATION
-
$525,000
MULTIPLE SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 August 2025
- IRS schema version
- 2023v6.0
- Source object
- 202502269349302780
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.