The Cherokee Caddy Scholarship

ATLANTA, GA EIN: 58-2489470

The Cherokee Caddy Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $687K in total assets. In 2024, it awarded 10 grants totaling $38K. Net investment income was $102K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$687K

+22.5% YoY

Annual Giving

$38K

+14.8% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$4K

+14.8% YoY

Under IRS private-foundation payout rules, The Cherokee Caddy Scholarship reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About The Cherokee Caddy Scholarship

Based on IRS filings

The Cherokee Caddy Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $687K in total assets. In 2024, it awarded 10 grants totaling $38K. Net investment income was $102K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AlpharettaAtlantaChambleeCummingDunwoodyJohns CreekMariettaMiltonPeachtree CornersRoswellSandy SpringsSuwaneeWoodstock

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$49K$98K$147K$196K202220232024
Metric202420232022
Total Assets$687,085$560,906$567,817
Revenue$177,869$45,206$41,559
Expenses$65,846$57,270$39,940
Qualifying Distributions$47,581$32,660$34,000
Net Investment Income$101,864$6,095$7,438
Distributable Amount$35,225$32,970$33,970

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$19K$28K$38K11 grants202210 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NICHOLAS MAGGIORE$5KJAMES COLEMAN$5KMATTHEW YOUNG$5KWILLIAM RANIERI$4KJACKSON WILLIAMS$4KSPENSER HAMBLEN$4KDOUGLAS WELLS RYMAN$4KADAM REESE$4KSHAUN COOK$3KMATHIAS FLANAGAN$3K

Grant Size Distribution

31 grants across all recorded years

31<$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 Nicholas Maggiore ($5,000), James Coleman ($4,500), Matthew Young ($4,500).

RecipientPurposeAmount
SHAUN COOK PEACHTREE CORNERS, GASCHOLARSHIP$3,000
NICHOLAS MAGGIORE DUNWOODY, GASCHOLARSHIP$5,000
WILLIAM RANIERI CUMMING, GASCHOLARSHIP$3,500
JAMES COLEMAN CUMMING, GASCHOLARSHIP$4,500
JACKSON WILLIAMS ROSWELL, GASCHOLARSHIP$3,500
SPENSER HAMBLEN SUWANEE, GASCHOLARSHIP$3,500
DOUGLAS WELLS RYMAN CHAMBLEE, GASCHOLARSHIP$3,500
MATHIAS FLANAGAN ROSWELL, GASCHOLARSHIP$3,000
ADAM REESE ATLANTA, GASCHOLARSHIP$3,500
MATTHEW YOUNG ATLANTA, GASCHOLARSHIP$4,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TODD ROUNSAVILLECHAIRMAN2
MARK MONGELLVICE-PRESIDENT2
ANDY BERGTREASURER2
DAVID KESTERTONSECRETARY2
CAREY BROWNDIRECTOR2
VERNON O'NEALDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Cherokee Caddy Scholarship?

The Cherokee Caddy Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $687K in total assets as of 2024.

How large is The Cherokee Caddy Scholarship?

As of 2024, The Cherokee Caddy Scholarship holds $687K in total assets with $178K in annual revenue. It awarded 10 grants totaling $38K in 2024.

Where does The Cherokee Caddy Scholarship operate?

The Cherokee Caddy Scholarship has awarded grants in Georgia.

What size grants does The Cherokee Caddy Scholarship award?

In 2024, The Cherokee Caddy Scholarship awarded 10 grants totaling $38K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is The Cherokee Caddy Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cherokee Caddy Scholarship reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Cherokee Caddy Scholarship's EIN?

The Cherokee Caddy Scholarship's EIN (Employer Identification Number) is 58-2489470. IRS Form 990 filing data is available on this page for 2022–2024.

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

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