Form 990 for tax year 2023
Filed by THE CHARITABLE FOUNDATION OF THE.
Totals
- Total revenue
- $422,294
- Total expenses
- $385,133
- Contributions and grants received
- $422,091
- Grants paid
- $140,000
- Program service revenue
- $0
- Investment income
- $203
- Other revenue
- $0
- Total assets, end of year
- $5,260,412
- Total liabilities, end of year
- $320,000
- Net assets or fund balances, end of year
- $4,940,412
- Program services expenses (Part IX)
- $363,773
- Management and general expenses
- $19,586
- Fundraising expenses
- $1,774
- Program service expenses (Part III)
- $363,773
Program services were 94.5% 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.
-
1d · Related organizations
$199,263
-
1f · All other contributions, gifts and grants
$222,828
-
3 · Investment income
total $203 · excluded $203
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $140,000 · program services $140,000
-
11c · Fees: accounting
total $2,500 · management and general $2,500
-
11g · Fees: other
total $58,638 · program services $41,552 · management and general $17,086
-
13 · Office expenses
total $679 · fundraising $679
-
19 · Conferences, conventions and meetings
total $1,095 · fundraising $1,095
-
24a · Other expenses: EARLY EDUCATION INITIAT
total $176,000 · program services $176,000
-
24b · Other expenses: BOOKS
total $6,221 · program services $6,221
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $659,824 · end of year $1,061,153
-
3 · Pledges and grants receivable
beginning of year $444,117 · end of year $208,054
-
11 · Investments: publicly traded securities
end of year $3,536,669
-
15 · Other assets
beginning of year $540,215 · end of year $454,536
-
17 · Accounts payable and accrued expenses
end of year $160,000
-
25 · Other liabilities
beginning of year $0 · end of year $160,000
-
27 · Net assets without donor restrictions
beginning of year $1,076,959 · end of year $4,297,579
-
28 · Net assets with donor restrictions
beginning of year $567,197 · end of year $642,833
Mission and programs · 2023
Mission
TO RAISE FUNDS FOR CHARITABLE PROJECTS AND ACTIVITIES BOTH WITHIN THE UNITED STATES AND INTERNATIONALLY.
-
GRANTS FOR POLIO PREVENTION PROGRAMS; SUMMER CAMP PROGRAMS FOR UNDERPRIVILEGED YOUTH; SCHOLARSHIPS FOR INTERNATIONAL STUDENTS FOR ONE YEAR OF STUDY AT GEORGIA COLLEGES AND UNIVERSITIES; CARE; USA; JORDAN PROJECT.
Expenses $363,773 · Grants $140,000
-
EARLY EDUCATION INITIATIVE: ATLANTA MAYOR ANDRE DICKENS HAS BEGUN MOBILIZING A HISTORIC $20M PUBLIC/PRIVATE INVESTMENT IN EARLY EDUCATION, CALLING ON THE PRIVATE SECTOR FOR HELP. THE ROTARY CLUB'S CHARITABLE FOUNDATION IS ANSWERING THAT CALL WITH A THREE-YEAR COMMITMENT TO INCREASE ACCESS TO AND THE QUALITY OF EARLY CHILDHOOD EDUCATION IN ATLANTA. EARLY EDUCATORS ARE AMONG THE LOWEST-PAID PROFESSIONALS IN EVERY STATE, WHICH IS WHY EDUCATION WORKFORCE INCENTIVES ARE A KEY PILLAR OF THE MAYOR'S PLAN. THE ROTARY CLUB OF ATLANTA WILL BE THE LEAD PRIVATE-SECTOR PARTNER IN THIS EFFORT, HELPING TO KEEP MORE OF OUR BIRTH-TO-FIVE TEACHERS IN THE CLASSROOM AND ENCOURAGING THEM TO PUT THE SCIENCES OF HEALTHY BRAIN DEVELOPMENT, LANGUAGE ACQUISITION AND LITERACY TO WORK FOR OUR YOUNGEST LEARNERS.
As filed on the 2023 return.
Listed in Part VII
-
Gina SimpsonGINA SIMPSON
EXECUTIVE DIRECTOR
- Total calculated
- $182,500
- From this org
- $0
- From related orgs
- $182,500
- Other
- $0
- Hours/week
- 5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $182,500 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $182,500 related
-
Cannon CarrCANNON CARR
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Yum ArnoldYUM ARNOLD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gretchen CorbinGRETCHEN CORBIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Adrian CronjeADRIAN CRONJE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Doug EllisDOUG ELLIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Helene LollisHELENE LOLLIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dave MoodyDAVE MOODY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John O NeillJOHN O NEILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Neal PurcellNEAL PURCELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David RubingerDAVID RUBINGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael RussellMICHAEL RUSSELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pat Upshaw-MonteithPAT UPSHAW-MONTEITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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
None.
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
The filer's explanations (Part III)
- SCHEDULE J, PART II:
- GINA SIMPSON, EXECUTIVE DIRECTOR, PERFORMS SERVICES FOR THE FILING ORGANIZATION, WHILE PAYROLL IS PROCESSED AND REPORTED BY ROTARY CLUB OF ATLANTA, A RELATED ORGANIZATION.
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
-
$140,000
ANNUAL DONATIONS FOR UNDERPRIVILEDGED YOUTH SUMMER CAMP
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.
-
501(C)(4) · PROMOTE ADVANCEMENT OF INTERNATIONAL UNDERSTANDING, GOODWILL, AND PEACE. · GA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531209349303323
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.