Cousins Properties Foundation Inc logo

Cousins Properties Foundation Inc

Foundation · Grantmaker Atlanta, GA EIN: 20-3982777 Website

Cousins Properties Foundation Inc is a private foundation based in Atlanta, Georgia. Its stated purpose is to support community partners addressing social and economic disparities through collaborative relationships and holistic solutions, with a focus on children and breaking cycles of poverty in historically marginalized communities.

Key facts about Cousins Properties Foundation Inc

In short: Cousins Properties Foundation Inc gave $322K across 25 grants in 2024 (avg $13K), mostly in Georgia. 59% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
20-3982777
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$322,163
Grants made (2024)
25
Average grant
$12,887
Median grant
$8,082
New grantees (estimate)
59% first-time grantees (13 of 22, 2024)
Total assets
$1,036,456
Primary geography
Georgia (88% of itemized 2024 grant dollars)
How to apply
The website directs first-time applicants to create an account in its application portal and submit a Letter of Intent during the dates listed in its grant timeline. Full details ↓
Deadline
Grant requests are considered on a rolling basis throughout the fiscal year.

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-4.0% YoY

Annual Giving

$322K

+15.3% YoY

Grant Count

25

+8.7% YoY

Avg Grant Size

$13K

+6.1% YoY

Under IRS private-foundation payout rules, Cousins Properties Foundation Inc reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.

Is Cousins Properties Foundation Inc open to new grantees?

59%

first-time grantees, 2024

In 2024, 13 of 22 grantees (59%) were first-time recipients. First grants averaged $14K; repeat grants $15K. How we count

Medians: $5K first-time, $10K repeat.

  • 41% of 2024 grantees were also funded in 2023. Method
  • Giving grew 70% from 2021 to 2024. Method
  • In 2024 it paid out 629% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The Cousins Foundations’ mission is to build collaborative relationships in support of holistic approaches that address the root causes of social and economic disparities in the communities they serve. The website identifies Community Wellness, Educational Opportunities, Economic Empowerment, Housing Security, Community Arts, and Holistic Community Revitalization as focus areas. It says it provides general operating, program, and capital-project grants to nonprofit organizations.

The grantees’ stated missions illustrate the types of organizations supported. City of Refuge says it offers life-saving resources and life-building tools to people living on the margin in Atlanta. East Lake Foundation says it partners with East Lake residents, Drew Charter School families, and service providers to provide equitable resources and support. Breakthrough Atlanta says it works to expand academic opportunity for underserved students and develop teachers and educational leaders.

Grantmaking

In 2024, the foundation reported 25 grants totaling $322,163. Grants ranged from $1,000 to $50,000, with a median of $8,082. Among the largest were $50,000 to Greater Atlanta Chamber Foundation – Forward Atlanta for general support; $35,000 and $30,000 to CF Foundation – Tom & Ann Cousins Fund for donor-advised fund contributions for charitable purposes; $30,000 to Boy Scouts of America Atlanta Area Council for general support; and $28,806 to City of Refuge for general support. Other notable awards included $20,000 each to East Lake Foundation and Children’s Healthcare of Atlanta Foundation, and $20,000 to Austin Community Foundation – Opportunity Austin 50 – Central Texas Quality.

Review Cycle

** Grant requests are considered on a rolling basis throughout the fiscal year.

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Geographic Focus

Where this funder awards grants

The website says funding is focused on organizations based in Metro Atlanta, with priority for the Carver cluster attendance zone in South Atlanta, East Lake, and Grove Park; it also says the foundations occasionally fund efforts in other communities important to the family. The 2024 filing states that grantmaking focuses on the Southeastern and Southwestern United States, while allowing awards elsewhere. In 2024, 88% of grant dollars went to Georgia recipients, 8% to Texas, and 3% to Arizona.

Grant Distribution by State

7states

Share of all 25 itemized 2024 grant dollars.

Cities

AtlantaAustinCharlotteTampaDallasPhoenixHoustonNashvillePlanoChambleeDecaturMariettaMontgomerySmyrnaStockbridgeTempe

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M36 grants202012 grants202120 grants202223 grants202325 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CF Foundation - Tom & Ann Cousins Fund: $65K across 2 grantsCF Foundation - Tom & AnnCousins Fund$65K · 2 grantsGreater Atlanta Chamber Foundation - Forward Atlanta: $50KGreater Atlanta ChamberFoundation - Forward Atlanta$50KChildren's Healthcare of Atlanta Foundation: $40K across 2 grantsChildren's Healthcare ofAtlanta Foundation$40K · 2 grantsBoy Scouts of America Atlanta Area Council: $30KBoy Scouts of America AtlantaArea Council$30KCity of Refuge: $29KCity of Refuge$29KWoodruff Arts Center: $20K across 2 grantsWoodruff Arts Center$20K · 2 grantsEast Lake Foundation: $20KEast Lake Foundation$20KAustin Community Foundation - Opportunity Austin 50 - Central Texas Qualit: $20KAustin Community Foundation -Opportunity Austin 50…$20KGrady Health Foundation: $10KGrady Health Foundation$10KTiger Mountain Foundation: $8KTiger Mountain Foundation$8K

Grant Size Distribution

116 grants across all recorded years

102<$50K13$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
GREATER ATLANTA CHAMBER FOUNDATION - FORWARD ATLANTA Atlanta, GAGENERAL SUPPORT$50,000
CF FOUNDATION - TOM & ANN COUSINS FUND Atlanta, GADONOR ADVISED FUND CONTRIBUTION FOR CHARITABLE PURPOSES.$35,000
BOY SCOUTS OF AMERICA ATLANTA AREA COUNCIL Atlanta, GAGENERAL SUPPORT$30,000
CF FOUNDATION - TOM & ANN COUSINS FUND Atlanta, GADONOR ADVISED FUND CONTRIBUTION FOR CHARITABLE PURPOSES.$30,000
CITY OF REFUGE Atlanta, GAGENERAL SUPPORT$28,806
EAST LAKE FOUNDATION Atlanta, GAGENERAL SUPPORT$20,000
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION Atlanta, GAGENERAL SUPPORT$20,000
AUSTIN COMMUNITY FOUNDATION - OPPORTUNITY AUSTIN 50 - CENTRAL TEXAS QUALIT Austin, TXGENERAL SUPPORT$20,000
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION Atlanta, GAGENERAL SUPPORT$20,000
WOODRUFF ARTS CENTER Atlanta, GAGENERAL SUPPORT$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $1,036,456 $99,077 $278,247 $322,163
2023 $1,080,081 $49,035 $284,486 $279,374
2022 $1,264,846 $51,893 $197,201 $192,480
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M20202021202220232024
Metric202420232022
Total Assets$1,036,456$1,080,081$1,264,846
Revenue$99,077$49,035$51,893
Expenses$278,247$284,486$197,201
Qualifying Distributions$326,014$284,311$197,051
Net Investment Income$89,792$48,860$51,743
Distributable Amount$51,825$55,009$68,682

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Colin Connolly as President, CEO, and Director; Gregg Adzema as Executive VP, CFO, and Director; Pamela Roper as Executive VP, Counsel, and Secretary; and Jeff Symes as Senior VP – CAO.

Cousins Properties Foundation Inc is led by Colin Connolly, President, CEO & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Colin Connolly

    President, CEO & Director

    On filings since 2020

    No compensation reported

  • Gregg Adzema

    Executive Vice President, CFO & Director

    On filings since 2020

    No compensation reported

  • Jeff Symes

    Senior Vice President - CAO

    On filings since 2020

    No compensation reported

  • Pamela Roper

    Executive Vice President, Counsel & Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Pamela F Roper
Mailing address: 3344 Peachtree Rd Ne Suite 1800, Atlanta, GA 30326
Phone: (404) 407-1000
Website: https://cousinsfoundations.org

Frequently asked questions about Cousins Properties Foundation Inc

How much does Cousins Properties Foundation Inc give each year?

Cousins Properties Foundation Inc gave $322K across 25 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $279K across 23 grants.

What is Cousins Properties Foundation Inc's typical grant size?

Cousins Properties Foundation Inc's median grant in 2024 was $8,082, and its average grant was $12,887, across 25 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Cousins Properties Foundation Inc that year got $14K on average.

Where does Cousins Properties Foundation Inc give grants?

Cousins Properties Foundation Inc gives mostly in Georgia: 88% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Texas (8%). The most frequent recipient cities were Atlanta, GA (15 grants) and Austin, TX (3 grants).

Does Cousins Properties Foundation Inc give general operating support?

Yes: 92% of Cousins Properties Foundation Inc's 2024 grants with a stated purpose (23 of 25) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Cousins Properties Foundation Inc's largest grantees?

Cousins Properties Foundation Inc's largest 2024 grantees include CF Foundation - Tom & Ann Cousins Fund ($65,000 across 2 grants), Greater Atlanta Chamber Foundation - Forward Atlanta ($50,000) and Children's Healthcare of Atlanta Foundation ($40,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 48% of its itemized 2024 grant dollars.

How large is Cousins Properties Foundation Inc?

Cousins Properties Foundation Inc reported $1.0M in total assets on its 2024 IRS Form 990-PF. It paid out $326K in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).

What does Cousins Properties Foundation Inc fund?

The Cousins Foundations’ mission is to build collaborative relationships in support of holistic approaches that address the root causes of social and economic disparities in the communities they serve. The website identifies Community Wellness, Educational Opportunities, Economic Empowerment, Housing Security, Community Arts, and Holistic Community Revitalization as focus areas. It says it provides general operating, program, and capital-project grants to nonprofit organizations. The grantees’ …

How do I apply for a grant from Cousins Properties Foundation Inc?

The website directs first-time applicants to create an account in its application portal and submit a Letter of Intent during the dates listed in its grant timeline. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Cousins Properties Foundation Inc's EIN?

Cousins Properties Foundation Inc's EIN (Employer Identification Number) is 20-3982777. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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