2016-11-15T14:34:29-06:00 2015-12-31 454084437 Warren Averett LLC Six Concourse Parkway Suite 600 Atlanta GA 30328 990 2015-01-01 205652970 COBB COMMUNITY FOUNDATION INC COBB 7709536865 PO BOX 671868 MARIETTA GA 300060032 Shari Martin BOARD CHAIR 7709536865 2016-11-15 1 Kevin L Golden P01540398 7703961100 2016-11-15 2015 2017-02-10 21:41:12Z Shari Martin PO BOX 671868 MARIETTA GA 300060032 1821619 0 X www.cobbfoundation.org X 2005 GA THE FOUNDATION IS A PUBLIC CHARITY FORMED TO BENEFIT THE CITIZENS OF COBB COUNTY, GEORGIA AND TO ACQUIRE, ESTABLISH, RETAIN AND MAINTAIN FUNDS TO BE HELD, INVESTED AND USED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATION PURPOSES, TO PREVENT CRUELTY TO CHILDREN OR ANIMALS, TO CONDUCT AND SPONSOR EDUCATIONAL AND INSTRUCTIONAL ACTIVITIES, TO MAKE GRANTS AND AWARDS TO INDIVIDUALS OR ORGANIZATIONS FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, LITERARY OR CULTURAL PURPOSES, AND TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITIES RELATED TO THE FOREGOING WHICH ARE CONSISTENT WITH THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE. 20 20 2 5 0 0 2381166 1577695 86644 102805 99425 128159 -9192 -683 2558043 1807976 1082867 1229471 0 0 129184 128011 0 0 43559 130214 157426 1342265 1514908 1215778 293068 5996414 6027028 21702 40538 5974712 5986490 X THE FOUNDATION IS A PUBLIC CHARITY FORMED TO BENEFIT THE CITIZENS OF COBB COUNTY, GEORGIA AND TO ACQUIRE, ESTABLISH, RETAIN AND MAINTAIN FUNDS TO BE HELD, INVESTED AND USED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATION PURPOSES, TO PREVENT CRUELTY TO CHILDREN OR ANIMALS, TO CONDUCT AND SPONSOR EDUCATIONAL AND INSTRUCTIONAL ACTIVITIES, TO MAKE GRANTS AND AWARDS TO INDIVIDUALS OR ORGANIZATIONS FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, LITERARY OR CULTURAL PURPOSES, AND TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITIES RELATED TO THE FOREGOING WHICH ARE CONSISTENT WITH THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE. 0 0 1356847 1229471 102805 DISTRIBUTING AMOUNTS TO NON-PROFIT ORGANIZATIONS SERVING IN THE AREAS OF HEALTH, HUMAN SERVICES, EDUCATION, COMMUNITY SERVICE AND THE ARTS. 1356847 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X TOMMY ALLEGOOD 7708592329 240 INTERSTATE NORTH PARKWAY ATLANTA GA 30339 BRUCE CLAYTON BOARD MEMBER 1.00 X 0 0 0 DALE HUGHES VICE CHAIR AND TREASURER 1.00 X X 0 0 0 DAVID S FISHER IMMEDIATE PAST CHAIR 1.00 X 0 0 0 DR JACK KENNEDY BOARD MEMBER 1.00 X 0 0 0 J KEVIN MOORE BOARD MEMBER 1.00 X 0 0 0 JAMES L RHODEN JR FOUNDING CHAIR 1.00 X 0 0 0 KIM GRESH BOARD MEMBER 1.00 X 0 0 0 LESLIE KEHOE BOARD MEMBER 1.00 X 0 0 0 MICHAEL KNOWLES BOARD CHAIR 1.00 X X 0 0 0 ROSE WING BOARD MEMBER 1.00 X 0 0 0 SHARI MARTIN BOARD MEMBER 1.00 X X 0 0 0 STEVE IMLER BOARD MEMBER 1.00 X 0 0 0 TIMOTHY S SHEEHAN BOARD MEMBER 1.00 X 0 0 0 TOMMY BARROW BOARD MEMBER 1.00 X 0 0 0 RANDY SHRUM BOARD MEMBER 1.00 X 0 0 0 JOHNNY JOHNSON BOARD MEMBER 1.00 X 0 0 0 CHARLIE LEONARD BOARD MEMBER 1.00 X 0 0 0 Pete Quinones Board Member 1.00 X 0 0 0 Victor Sanchez Board MEMBER 1.00 X 0 0 0 Spencer Gelernter Board MEMBER 1.00 X 0 0 0 NANCY COLLIER Resource Manager 40.00 X 27497 0 0 TOMMY ALLEGOOD EXECUTIVE DIRECTOR 40.00 X 90000 0 0 117497 0 0 0 0 0 0 0 72566 1505129 48870 1577695 Investment Fee Income 900099 102805 102805 102805 128159 128159 12960 72566 13643 -683 -683 1807976 102805 0 127476 1229471 1229471 117497 46999 32899 37599 1441 1441 9073 9073 15690 15690 124925 74282 50643 3058 3058 2038 2038 7475 4722 764 1989 1106 647 459 2008 475 1533 Other Expenses 1126 726 400 1514908 1356847 114502 43559 24895 66218 31590 30759 500 1428 5939429 5928623 5996414 6027028 21702 22538 18000 21702 40538 X 5858314 5877779 16398 8711 100000 100000 5974712 5986490 5996414 6027028 293068 -281290 0 X 0 1 X 1 0 X 642601 1143621 913083 2381166 1577695 6658166 642601 1143621 913083 2381166 1577695 6658166 1737548 4920618 67356 79539 68631 99425 128159 443110 9450 12960 22410 7123686 299525 0.69070 0.63980 X Schedule A, Part II, Line 10, Explanation of Other Income: SPECIAL EVENT INCOME - 2014 Amount: $ 9,450. 2015 Amount: $ 12,960. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56 27 1123450 336994 1108914 120557 2797413 3131210 1 1 116398 -7687 108711 1384760 4117 1272479 116398 1288341 67800 186727 147000 11108 1384760 1173560 92589 153206 115033 15981 1288341 1235159 72500 -988 117474 15637 1173560 0.00000 0.91990 0.08010 0 0 0 X 1300711 -281290 28950 13643 -238697 1539408 268568 268568 1807976 1386301 28950 13643 42593 1343708 171200 171200 1514908 Part V, Line 4: Income is reinvested and realized appreciation and income are available for spending subject to restrictions imposed by individual donors. Under the spending policy, appropriation of funds may be made annually of an amount up to 5% per annum. Permanently restricted net assets at December 31, 2015 relate to contributions received which are specifically restricted for use as the corpus in an endowment fund to benefit MUST Ministries, Inc. Part X, Line 2: Management does not believe there are any uncertain tax positions as defined by FASB ASC 740, Income Taxes. The Foundation could be subject to income tax examinations for its U.S. federal tax filings for the current year and previous filings for the years 2014, 2013 and 2012 still open under the statute of limitations. Part XI, Line 2d - Other Adjustments: SPECIAL EVENT DIRECT EXPENSE 13,643. Part XI, Line 4b - Other Adjustments: AGENCY/ENDOWMENT CONTRIBUTIONS 336,994. AGENCY/ENDOWMENT UNREALIZED GAINS & LOSSES -142,676. AGENCY/ENDOWMENT DIVIDENDS 74,250. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT DIRECT EXPENSE 13,643. Part XII, Line 4b - Other Adjustments: AGENCY/ENDOWMENT GRANTS PAID 120,557. AGENCY/ENDOWMENT ADMIN EXPENSE 50,643. Partners in Philanthropy Luncheon 85526 72566 12960 13643 85526 72566 12960 13643 13643 -683 1 AMATEUR ADVOCATE ASSOCIATION PO BOX 1411 MABLETON GA 30126 223813220 3 10000 GENERAL SUPPORT American Heart Association 7272 Greenville Avenue Dallas TX 75231 135613797 3 9000 GENERAL SUPPORT ATLANTA CENTER FOR REPRODUCTIVE MEDICINE 5909 PEACHTREE DUNWOODY RD NE ATLANTA GA 30328 582373643 3 21411 GENERAL SUPPORT Boys and Girls Club of Metro Atlanta 1275 Peachtree Street NE Suite 500 Atlanta GA 30309 580566123 3 22300 GENERAL SUPPORT BRIGHT POINT 2874 JOHNSON FERRY ROAD SUITE 250 MARIETTA GA 30062 260251918 3 10000 GENERAL SUPPORT Calvary Children's Home 1430 Lost Mountain Road Powder Springs GA 30127 580976478 3 25000 GENERAL SUPPORT CENTER FOR FAMILY RESOURCES 995 ROSWELL STREET NE SUITE 100 MARIETTA GA 30060 580876634 3 10000 GENERAL SUPPORT CHATTAHOOCHEE TECH FOUNDATION INC 980 SOUTH COBB DRIVE MARIETTA GA 30060 581684206 3 72435 GENERAL SUPPORT COBB COMMUNITY FOUNDATION PO BOX 671868 MARIETTA GA 30006 205652970 3 35000 GENERAL SUPPORT Cobb EMC 1000 EMC Parkway Marietta GA 30060 463645573 3 11000 GENERAL SUPPORT COBB LANDMARKS AND HISTORICAL SOCIETY 145 DENMEAD ST NE MARIETTA GA 30060 581827362 3 130000 GENERAL SUPPORT COBB PUBLIC LIBRARY FOUNDATION 266 ROSWELL STREET MARIETTA GA 30061 542099875 3 10000 GENERAL SUPPORT COBB SCHOOLS FOUNDATION 514 CLOVER ST MARIETTA GA 30060 582487501 3 7800 GENERAL SUPPORT Corporate Volunteer Council of Atlanta 1100 Peachtree Street NE ATLANTA GA 30309 582054790 3 5500 GENERAL SUPPORT Davis Direction Foundation 1150 Bagwell Drive KENNESAW GA 30152 471370495 3 15542 GENERAL SUPPORT Families First 1105 West Peachtree Street NE ATLANTA GA 30309 581054331 3 10000 GENERAL SUPPORT FIRST PRESBYTERIAN CHURCH OF MARIETTA 189 CHURCH ST MARIETTA GA 30060 580610065 3 20000 GENERAL SUPPORT Georgia Partnership for Excellence 270 Peachtree Street Suite 2200 ATLANTA GA 30303 581974586 3 15000 GENERAL SUPPORT GEORGIA SYMPHONY ORCHESTRA PO BOX 791 MARIETTA GA 30061 237013882 3 15000 GENERAL SUPPORT GIRLS INC 1401 PEACHTREE STREET NE SUITE 500 ATLANTA GA 30309 581276804 3 10000 GENERAL SUPPORT HEAT 2296 Henderson Mill Road ATLANTA GA 30345 311713867 3 25000 GENERAL SUPPORT HABITAT FOR HUMANITY NW METRO ATLANTA 1625 SPRING ROAD SMYRNA GA 30080 581686320 3 10000 GENERAL SUPPORT Kennesaw State Foundation 1000 CHASTAIN RD BOX 9101 KENNESAW GA 30144 237034345 3 9000 GENERAL SUPPORT KENNESAW STATE UNIVERSITY 1000 CHASTAIN RD BOX 9101 KENNESAW GA 30144 580965786 3 12387 GENERAL SUPPORT Marietta Cobb Museum of Art 30 Atlanta STREET SE MARIETTA GA 30060 581528144 3 6200 GENERAL SUPPORT Marietta Kiwanis Foundation PO BOX 3191 MARIETTA GA 30061 581409116 3 21028 GENERAL SUPPORT Marietta Museum of History 1 DEPOT STREET SUITE 200 MARIETTA GA 30060 582182508 3 18923 GENERAL SUPPORT MASTER GARDENER VOLUNTEERS OF COBB COUNTY 678 SOUTH COBB DRIVE SUITE 200 MARIETTA GA 30060 300306736 3 10000 GENERAL SUPPORT Metro Atlanta YMCA 100 EDGEWOOD AVENUE NE SUITE 100 ATLANTA GA 30303 580566253 3 46250 GENERAL SUPPORT Mount Paran Christian School 1275 Stanley Rd NW KENNESAW GA 30152 582273158 3 50000 GENERAL SUPPORT Mount Paran Church of God 2055 Mount Paran Road NW ATLANTA GA 30327 580688477 3 41039 GENERAL SUPPORT Must Ministries PO Box 1717 Marietta GA 30061 582034725 3 31000 GENERAL SUPPORT NOBIS WORKS 1480 BELLS FERRY ROAD MARIETTA GA 30066 581290439 3 10000 GENERAL SUPPORT North Cobb Rotary Foundation 3400 McCollum Parkway KENNESAW GA 30144 581796612 3 6000 GENERAL SUPPORT PIEDMONT CHURCH 570 Piedmont Rd MARIETTA GA 30066 581023411 3 19800 GENERAL SUPPORT RECONNECTING FAMILIES 1738 COUNTY SERVICES PARKWAY MARIETTA GA 30008 261768592 3 10005 GENERAL SUPPORT SHELTERING ARMS 385 CENTENNIAL OLYMPIC PARK DRIVE ATLANTA GA 30313 580566236 3 10000 GENERAL SUPPORT SIMPLE NEEDS GEORGIA PO BOX 670265 MARIETTA GA 30066 272889754 3 10000 GENERAL SUPPORT SMITH GILBERT GARDENS FOUNDATION 2382 PINE MOUNTAIN ROAD KENNESAW GA 30152 204526833 3 7895 GENERAL SUPPORT SWEETWATER MISSION 6289 VETERANS MEMORIAL HWY AUSTELL GA 30168 581992771 3 10500 GENERAL SUPPORT THE CENTER FOR CHILDREN & YOUNG ADULTS 2221 AUSTELL RD BLDG 1 STE 100 MARIETTA GA 30060 581451180 3 7800 GENERAL SUPPORT THE MINERVA FOUNDATION PO BOX 81674 CONYERS GA 30013 470926754 3 10000 GENERAL SUPPORT THE Museum of the South Inc 1985 NORTH PARK PL SE ATLANTA GA 30339 470974920 3 25000 GENERAL SUPPORT The Salvation Army Metro Atlanta Command 1424 NE Express Way ATLANTA GA 30329 580660607 3 50000 GENERAL SUPPORT The Walker School 700 Cobb Parkway North Marietta GA 30062 580940220 3 50000 GENERAL SUPPORT United Way of Greater Atlanta 100 Edgewood Avenue NE ATLANTA GA 30303 580566194 3 30000 GENERAL SUPPORT University of Alabama BOX 870119 134 ROSE ADMINISTRATION Tuscaloosa AL 35487 636001138 3 7500 GENERAL SUPPORT Wellstar Foundation 805 Sandy Plains Road Marietta GA 30066 581627413 3 10000 GENERAL SUPPORT YELLS 1156 PIEDMONT AVENUE B6 ATLANTA GA 30309 270900525 3 7200 GENERAL SUPPORT YWCA OF NW GEORGIA 48 HENDERSON STREET MARIETTA GA 30064 580617782 3 10000 GENERAL SUPPORT 32 0 Part I, Line 2: Cobb Community Foundation requires both an interim and end of grant report from grantees to confirm amount of grants expended to date, any changes in purpose of grant, information regarding outcomes of grants and any funds remaining from grant. Additionally, for local Cobb County organizations, the Executive Director is in frequent contact with these organizations and is able to monitor their operations on an ongoing basis. X 5 48870 FAIR MARKET VALUE 0 1 0 Form 990, Part VI, Section B, line 11 The Executive Director and the Audit Committee of the board reviews the draft Form 990 and discuss any required changes with the tax preparer before the Form 990 is printed for filing and a copy of the Form 990 is emailed to Board Members before filing. Form 990, Part VI, Section B, line 12c Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activiites which accomplish one or more of its tax-exempt purposes. Procedures are in place for addressing any conflicts of interest and violations of the conflicts of interest policy require the governing board to inform a member suspected of a violation and if, after a hearing of members response it is determined the member failed to disclose an actual or possible conflict of interest, the governing board shall take appropriate disciplinary and corrective action. Form 990, Part VI, Section B, line 15 The CCF Board establishes a Search Committee which prepares a final job description, salary levels based upon comparable positions at other non-profits. For research, The Board utilizes the annual Wage & Salary Report for Non-Profits, as well as information from other real non-profits. Form 990, Part VI, Section C, line 19 Governing documents are made available to public upon request.