New Found Community Foundation Inc

Public charity · Grantmaker Atlanta, GA EIN: 45-1957153

To benefit the residents of Seminole county, Georgia, and its surrounding region by providing much needed funds in a manner that will increase the health and welfare of the community.

Key facts about New Found Community Foundation Inc

In short: New Found Community Foundation Inc gave $1.0M across 1 grant in 2024 (avg $1.0M), mostly in Georgia. Source: 2024 IRS Form 990.

EIN
45-1957153
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$1,008,783
Grants made (2024)
1
Average grant
$1,008,783
Median grant
$1,008,783
Total assets
$63,423,364
Primary geography
Georgia (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$63.4M

+6.5% YoY

Annual Giving

$1.0M

-56.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.0M

-56.2% YoY

How New Found Community Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+1%). Method

From the foundation's IRS Form 990 filings. Methodology.

About New Found Community Foundation Inc

Based on IRS filings

New Found Community Foundation Inc is a public charity focused on Health, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63.4M in total assets. In 2024, it awarded 1 grant totaling $1.0M. Net investment income was $2.8M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Donalsonville

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M4 grants20203 grants20211 grants20221 grants20231 grants2024

From 2020 to 2024, annual grant giving ranged from $882K (2022) to $5.3M (2020). In 2024 it made 1 grant totaling $1.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Southwest Georgia Healthcare: $1.0MSouthwest Georgia Healthcare$1.0M

The largest 2024 recipient was Southwest Georgia Healthcare ($1.0M).

Grant Size Distribution

10 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K2$500K–1M4$1–5M$5M+

The most common grant size was under $50K: 4 grants of 10 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Southwest Georgia Healthcare Donalsonville, GAIndigent Healthcare$1,008,783

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$63,423,364$59,558,173$53,927,938
Revenue$2,779,218$2,534,954$1,900,207
Expenses$1,246,254$2,486,422$1,055,931
Net Investment Income$2,779,218$2,534,954$1,900,207

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 5, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 29, 2024)
  5. Added Form 990 for fiscal year 2024 (received by the IRS June 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

New Found Community Foundation Inc's 2024 filing lists 5 officers; all 5 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Diane Thomas

    Director

    On filings since 2020

    $765 (2020) → $900 (2024)

  • Douglas E. Faircloth

    Director

    On filings since 2020

    $765 (2020) → $900 (2024)

  • Herman Brookins

    Chrm & Director

    On filings since 2020

    1 hr/week

    $765 (2020) → $900 (2024)

  • Keith Pendergrass

    Director

    On filings since 2020

    $765 (2020) → $900 (2024)

  • William R. Burke

    Secretary, Treasurer & Director

    On filings since 2020

    5 hrs/week

    $765 (2020) → $900 (2024)

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.

Compensation Overview

From 2024 IRS filing

William R Burke — Sec/Treas/Di: $900William R BurkeSec/Treas/Di$900Herman Brookins — CHRM/Directo: $900Herman BrookinsCHRM/Directo$900Diane Thomas — Director: $900Diane ThomasDirector$900Keith Pendergrass — Director: $900Keith PendergrassDirector$900Douglas E Faircloth — Director: $900Douglas E FairclothDirector$900

The highest reported compensation on the 2024 filing was $900, to William R Burke (Sec/Treas/Di). 5 officers or directors reported compensation on that filing.

Frequently asked questions about New Found Community Foundation Inc

How much does New Found Community Foundation Inc give each year?

New Found Community Foundation Inc gave $1.0M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.3M across 1 grant.

How large is New Found Community Foundation Inc?

New Found Community Foundation Inc reported $63.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.8M.

What is New Found Community Foundation Inc?

New Found Community Foundation Inc is a public charity focused on Health, based in Atlanta, GA. It holds $63.4M in total assets as of 2024.

Where does New Found Community Foundation Inc operate?

New Found Community Foundation Inc has awarded grants in Georgia.

What is New Found Community Foundation Inc's EIN?

New Found Community Foundation Inc's EIN (Employer Identification Number) is 45-1957153. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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