Financial Information

66 years of balancing more than budgets.

Stewardship, Transparency
and Trust

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 2017, the Foundation and our donors distributed $100 million dollars in grants and support. We also received $144 million dollars (unaudited) in new contributions, bringing our assets to approximately $1.1 billion. 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 Guidestar Report
View Our Charity Navigator Report

For more information, please contact:

Diana Champ Davis
Vice President, Capacity and Chief Financial Officer

Investment Oversight

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 for Greater Atlanta relies on a long-term investment strategy—one that’s diversified across a wide range of asset classes, including alternative assets such as private equity, hedge funds and absolute return strategies. After all, diversification is vital to managing risk and achieving the best possible returns.

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.

This option provides a diversified portfolio of American Funds mutual funds selected by the investment committee of the Community Foundation board and purchased without commissions.
The conservative option is invested primarily in a money market fund appropriate for those wishing to protect principal and avoid market risk while earning money market rates of return.
For a minimum annual administrative fee of $5,000, the Community Foundation permits donors to recommend the investment advisor of their choice to manage the assets in their funds.
The Board of Directors Investment Committee was established and designated to oversee investment matters, monitoring the Foundation’s performance and supervising our investment policy. For our pooled assets, we rely on the advice of an independent consultant, Colonial Consulting, LLC, to craft a long-term diversification strategy and recommend expert asset managers that invest each component of the Foundation Pool’s asset allocation.

Committee members:

  • 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