Purpose Built Communities Foundationinc
Purpose Built Communities Foundation Inc is a private operating foundation based in Atlanta, Georgia (EIN: 45-4056587). The organization was established in 2013 and operates as a 501(c)(3) entity. The foundation combines best practices, policy, and research in housing, education, community wellbeing, and economic vitality to support neighborhood transformation and create pathways to prosperity for residents.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.5M
-47.0% YoY
Grant Count
25
-10.7% YoY
Avg Grant Size
$58K
-40.7% YoY
Mission & Focus Areas
Mission: Purpose Built Communities combines the best practice, policy, and research in housing, education, community wellbeing, and economic vitality to help neighbors and local leaders deliver transformation to create pathways to prosperity for all residents. This approach makes it possible for residents to experience increased upward mobility and improved health outcomes in their neighborhoods.
Primary Focus Areas:
- Mixed-Income Housing
- Cradle to College Education
- Community Wellness
- Economic Vitality
The foundation's work emphasizes place-based neighborhood revitalization, addressing fundamental needs of children and families including safe housing, high-quality education, access to quality jobs, and access to healthy food and recreation.
Grantmaking
Grant Range
$12,000
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Geographic Focus
Where this funder awards grants
The foundation supports more than 60 Community Quarterback Organizations nationwide through its Purpose Built Network. The organization works across multiple regions of the United States, with documented activity in communities including East Lake (Atlanta), Grove Park, Woodlawn, and partnerships extending to cities such as Syracuse, Jacksonville, Raleigh, and Orlando.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $31.9M
- Total Revenue: $29.9M
- Total Expenses: $14.3M
- Total Liabilities: $602,000
- Giving Rate: 4.6% of assets
2023 Financial Data:
- Total Assets: $16.3M
- Total Revenue: $5.8M
- Total Expenses: $10.7M
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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
75 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
- Carol R. Naughton — President and Chief Executive Officer
- Michelle L. Matthews — Chief Strategy & Operations Officer
The organization employs 22 staff members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL R NAUGHTON | CEO, PRESIDENT | 40 | $321,511 |
| ELLEN NEWTON | CFO | 40 | $220,361 |
| MICHELLE MATTHEWS | SECRETARY | 40 | $276,137 |
| ALEXANDER T ROBERTSON | BOARD MEMBER | 2 | — |
| DAVID DANIELS | BOARD MEMBER | 2 | — |
| DOUG JUTTE | BOARD MEMBER | 2 | — |
| GREG GIORNELLI | BOARD MEMBER | 2 | — |
| LAURA CLARK | BOARD MEMBER | 2 | — |
| LYNETTE BELL | BOARD MEMBER | 2 | — |
| OTHELLO MEADOWS | BOARD MEMBER | 2 | — |
| PAUL REVILLE | BOARD MEMBER | 2 | — |
| STEVE MACADAM | BOARD MEMBER | 2 | — |
| THOMAS G COUSINS | BOARD MEMBER | 2 | — |
| RUSSELL BOOKER | BOARD MEMBER | 2 | — |
| MIKE MARINO | BOARD MEMBER | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation's Network Member Blueprint 15 helped secure a $50M federal grant for neighborhood transformation in Syracuse. The Pulte Family Charitable Foundation committed $111M toward "Legacy of Hope" projects in partnership with Purpose Built Communities' work. The foundation launched a $7M grant initiative to drive equitable housing policymaking.
Purpose Built Communities\u2019 Network Member Blueprint 15 Helps Syracuse\**Impact Metrics:**
600,000+ neighbors on a pathway to holistic neighborhood transformation
2,700 students in schools that have moved off "failing schools" lists
6,000 families building wealth and stability in mixed-income homes
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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Total Given
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Assets
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Total Given
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Assets
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Grants
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Total Given
—
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Assets
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Total Given
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Assets
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Total Given
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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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