Cobb Emc Foundation Inc
The Cobb EMC Foundation is a public charity based in Marietta, Georgia, operating as a 501(c)(3) organization since July 2014. The Foundation distributes charitable grants to nonprofit organizations serving communities within Cobb EMC's service area. The Foundation's grants are funded entirely through Operation Round Up, a voluntary program in which Cobb EMC members round their electric bills up to the nearest dollar, with members typically contributing approximately fifty cents per month.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$338K
+36.2% YoY
Annual Giving
$565K
-12.2% YoY
Grant Count
46
-32.4% YoY
Avg Grant Size
$12K
+29.8% YoY
Mission & Focus Areas
Mission Statement: To carefully assess the financial requests of charitable organizations, and to apply collective wisdom to the allocation of available funds for the benefit of the community and the members served.
Primary Focus Areas: The Foundation focuses its giving across five key areas:
- Education
- Family Services
- Health
- Veterans
- Basic Needs and Quality of Life
Grantmaking
Grant applications are reviewed by the Foundation's board of directors, which carefully evaluates each application. The board prioritizes support for organizations that:
How to Apply
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Geographic Focus
Where this funder awards grants
The Foundation serves Cobb EMC's five-county service area, which includes:
- Bartow County
- Cherokee County
- Cobb County
- Fulton County
- Paulding County
The Foundation also funds organizations in Georgia, Virginia, and Ohio.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023 (most recent filing):
- Total Assets: $247,863
- Total Giving: $1,001,115
- Revenue: $1.03 million
- Expenses: $1.03 million
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $337,600 | $247,863 | $244,271 |
| Revenue | $1,057,835 | $1,032,407 | $1,018,299 |
| Expenses | $968,098 | $1,028,815 | $1,014,820 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | $1,235 | $811 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
246 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Carley Stephens — Executive Director of the Cobb EMC Foundation
Thomas Beusse — Board Chair
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHELE SUTCLIFFE | CHAIRMAN | 6 | — |
| DIANE PARKER | VICE CHAIRMA | 5 | — |
| CATHY LANE | SECRETARY | 5 | — |
| JOHN H UMPHLETT | TREASURER | 5 | — |
| MARLON DAVID LONGACRE | DIRECTOR | 6 | — |
| PAUL LETALIEN | DIRECTOR | 4 | — |
| BETSY WADE | DIRECTOR | 6 | — |
| DAVID TYLER | DIRECTOR | 5 | — |
| JOHN GOLEMO | DIRECTOR | 4 | — |
| HEATHER TRAINOR | DIRECTOR | 4 | — |
| ANDREW KORF | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
In February 2026, the Cobb EMC Foundation announced a new round of charitable grants awarding over $1 million to nonprofits serving communities within its service area. The grants supported a variety of community initiatives in education, family services, health, and veterans services.
Cobb EMC Foundation Awards Over $1M to Local Marietta Nonprofits - MariettaNotable grant recipients announced in 2026 included:
Communities in Schools Marietta
Marietta Cobb Museum of Art
PORCH Marietta
The Salvation Army Marietta Corps
The Foundation maintains annual impact reports documenting the outcomes and community stories resulting from its grantmaking efforts.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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