Quality Growth Institute Inc
The promotion of educational and community efforts directed to quality growth, best practices, and professional development. Additionally, to engage in community outreach, work with local governments, and engage in economic and growth policy studies.
Quality Growth Institute Inc at a glance
In short: Quality Growth Institute Inc gave $20K across 2 grants in 2024 (avg $10K), mostly in Georgia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $20,250
- +189.3% vs 2023
- Grants made (2024)
- 2
- Average grant
- $10,125
- Median grant
- $10,125
- Total assets
- $591,045
- -2.8% vs 2023
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Quality Growth Institute Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Woodruff Arts Center ($15K). Together the top 2 received $20K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Quality Growth Institute Inc gives
- Giving fell 59% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1K (2022) to $50K (2021). In 2024 it made 2 grants totaling $20K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Woodruff Arts Center Atlanta, GA | ASO Talent Development Program | $15,000 |
| Paine College Augusta, GA | Scholarship Fund | $5,250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $591,045 | $122,617 | $153,067 | $20,250 | 2 | $19,915 |
| 2023 | $608,180 | $191,806 | $117,308 | $7,000 | Total only | $16,623 |
| 2022 | $548,545 | $234,662 | $84,549 | $1,000 | Total only | $2,352 |
| 2021 | $462,765 | $237,302 | $131,790 | $50,000 | 1 | — |
| 2020 | $545,181 | $347,595 | $70,210 | $11,000 | 1 | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Quality Growth Institute Inc
Based on IRS filings
Quality Growth Institute Inc is a public charity focused on Community Improvement & Capacity Building, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $591K in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $20K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Quality Growth Institute Inc is led by Michael Paris, Executive Director since 2023 (on filings since 2020); 1 of 4 officers listed in 2024 is compensated.
Officers on the 2024 filing
Michael Paris
Executive Director
Executive Di → President & CEO, 2022
President & CEO → Executive Director, 2023
On filings since 2020
4 hrs/week
$26K (2022) → $33K (2024)
H. Mason Zimmerman
Chairman
On filings since 2020
1 hr/week
No compensation reported
S. Brent Reid
Vice Chairman
On filings since 2020
1 hr/week
No compensation reported
Albert G. Edwards
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Daniel H. Sherman IV (2020) — Secretary
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
The highest reported compensation on the 2024 filing was $33K, to Michael Paris (Executive Director).
Frequently asked questions about Quality Growth Institute Inc
How much does Quality Growth Institute Inc give each year?
Quality Growth Institute Inc gave $20K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it reported $7K in grants paid.
How large is Quality Growth Institute Inc?
Quality Growth Institute Inc reported $591K in total assets on its 2024 IRS Form 990. Its revenue that year was $123K.
What is Quality Growth Institute Inc?
Quality Growth Institute Inc is a public charity focused on Community Improvement & Capacity Building, based in Atlanta, GA. It holds $591K in total assets as of 2024.
Where does Quality Growth Institute Inc operate?
Quality Growth Institute Inc has awarded grants in Georgia.
What is Quality Growth Institute Inc's EIN?
Quality Growth Institute Inc's EIN (Employer Identification Number) is 46-3960581. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 18, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Quality Growth Institute Inc funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Quality Growth Institute Inc's focus areas in our free grants database
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