At the Community Foundation for Greater Atlanta, we understand it’s a delicate balance: Serve the needs of our region today while remaining financially sustainable to address the needs of tomorrow. It’s a balance we’ve maintained since we were first created in 1951 by the city’s (then) four largest financial institutions.
In 2016, the Foundation and our donors distributed $125 million dollars in grants and support. We also received $135 million dollars (unaudited) in new contributions, bringing our assets to approximately $955 million. And as a public charity, the Community Foundation adheres to the highest standards to operate both in the public view, and the public interest.
It’s part of our commitment to our donors, and to the communities we serve.
We know that choosing an organization to support is a big decision. So don’t take our word for it; check out these reports from trusted organizations committed to reporting a trust worthy philanthropic marketplace.
View Our Charity Navigator Report
For more information, please contact:
Diana Champ Davis
Vice President, Capacity and Chief Financial Officer
As a philanthropist, you may request that your fund be invested according to one of our four investment options. The investment committee of the Community Foundation board closely monitors investment of our assets, as well as the managers who serve under these options. As stewards of our assets, the Foundation’s investment committee holds the selected investment managers to the highest standards of ethical behavior and professional performance.
The Community Foundation Pool consists of a diversified portfolio of assets invested broadly among institutional money managers. The investment committee of the Community Foundation board selects managers with the assistance of a neutral investment consultant.
- Mr. Samuel Allen, Chairman, Globalt, Inc.
- Mr. Thomas J. Asher, President, The Rich Foundation
- Mr. Edward S. Croft, III, Managing Director, Croft & Bender LP
- Ms. Virginia Hepner, President and CEO, Woodruff Arts Center
- Mr. William A. “Billy” Mitchell, Carter and Associates (Retired)
- Mr. Michael A. Nadal, VP, Portfolio Manager, Montag & Caldwell
- Mr. Galen Oelkers, President, The Zeist Company, LLC
- Mr. Bryan Rand, Partner, Belstone Capital
- Mr. Wendell Reilly, Chairman, Berman Capital Advisors
- Ms. Anne Sterchi, Executive Director, J. B. Fuqua Foundation
Asset Growth and Allocations
The Community Foundation’s investment philosophy focuses on long-term investments using a diversified portfolio with a bias toward equities. We seek to:
- Achieve investment returns that provide reasonable funding for donors’ charitable distributions, with a distribution rate for grants of 4.75% in 2016
- Augment the value of the corpus at a rate greater than inflation, net of grant distributions and associated expenses