Commerce Club Foundation Inc

ATLANTA, GA EIN: 27-3411315

Commerce Club Foundation Inc is a private foundation focused on Human Services, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 2 grants totaling $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15K

-63.1% YoY

Annual Giving

$20K

Grant Count

2

Avg Grant Size

$10K

Under IRS private-foundation payout rules, Commerce Club Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Commerce Club Foundation Inc

Based on IRS filings

Commerce Club Foundation Inc is a private foundation focused on Human Services, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 2 grants totaling $20K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Atlanta

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6K$13K$19K$26K20202021202220232024
Metric202420232022
Total Assets$15,218$41,253$41,249
Revenue$1,854$4$2,869
Expenses$23,500$2,923
Qualifying Distributions$21,750
Net Investment Income$4
Distributable Amount$1,795$2,032$2,034

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants20200 grants20210 grants20220 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

MOREHOUSE COLLEGE$10KGREATER ATLANTA CHAMBER …$10K

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Morehouse College ($10,000), Greater Atlanta Chamber Foundation Inc ($10,000).

RecipientPurposeAmount
MOREHOUSE COLLEGE ATLANTA, GAGENERAL SUPPORT$10,000
GREATER ATLANTA CHAMBER FOUNDATION INC ATLANTA, GAGENERAL SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL RUSSELLCHAIR2
JEFFREY K HAIDETSECRETARY2
GREG KELLYTREASURER2
RUSS HARDINDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Commerce Club Foundation Inc?

Commerce Club Foundation Inc is a private foundation focused on Human Services, based in ATLANTA, GA. It holds $15K in total assets as of 2024.

How large is Commerce Club Foundation Inc?

As of 2024, Commerce Club Foundation Inc holds $15K in total assets with $2K in annual revenue. It awarded 2 grants totaling $20K in 2024.

Where does Commerce Club Foundation Inc operate?

Commerce Club Foundation Inc has awarded grants in Georgia.

What size grants does Commerce Club Foundation Inc award?

In 2024, Commerce Club Foundation Inc awarded 2 grants totaling $20K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Commerce Club Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Commerce Club Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Commerce Club Foundation Inc's EIN?

Commerce Club Foundation Inc's EIN (Employer Identification Number) is 27-3411315. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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