The Cherokee Caddy Scholarship

Foundation · Grantmaker 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.

Key facts about The Cherokee Caddy Scholarship

EIN: 58-2489470
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $37,500
Grants made (2024): 10
Average grant: $3,750
Median grant: $3,500
Total assets: $687,085
Primary geography: Georgia (100% of itemized 2024 grant dollars)

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

Who The Cherokee Caddy Scholarship funds

By grant dollars, the top recipient states for The Cherokee Caddy Scholarship's 10 itemized 2024 grants were Georgia (100%). The most frequent recipient cities were Cumming, GA (2 grants), Atlanta, GA (2 grants) and Roswell, GA (2 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (10 grants).

How The Cherokee Caddy Scholarship gives

In 2024 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Cherokee Caddy Scholarship

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$687K

+22.5% YoY

Annual Giving

$38K

+14.8% YoY

Grant Count

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $38K (100%)

Share of all 10 itemized 2024 grant dollars.

States

Georgia

Cities

CummingRoswellAtlantaMariettaSuwaneeAlpharettaDunwoodyWoodstockChambleeJohns CreekMiltonPeachtree CornersSandy Springs

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2022–2024

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

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Nicholas Maggiore ($5,000), James Coleman ($4,500), Matthew Young ($4,500).

Recipient	Purpose	Amount
NICHOLAS MAGGIORE Dunwoody, GA	SCHOLARSHIP	$5,000
JAMES COLEMAN Cumming, GA	SCHOLARSHIP	$4,500
MATTHEW YOUNG Atlanta, GA	SCHOLARSHIP	$4,500
WILLIAM RANIERI Cumming, GA	SCHOLARSHIP	$3,500
JACKSON WILLIAMS Roswell, GA	SCHOLARSHIP	$3,500
SPENSER HAMBLEN Suwanee, GA	SCHOLARSHIP	$3,500
DOUGLAS WELLS RYMAN Chamblee, GA	SCHOLARSHIP	$3,500
ADAM REESE Atlanta, GA	SCHOLARSHIP	$3,500
SHAUN COOK Peachtree Corners, GA	SCHOLARSHIP	$3,000
MATHIAS FLANAGAN Roswell, GA	SCHOLARSHIP	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Todd Rounsaville	Chairman	2	—
Mark Mongell	Vice-President	2	—
Andy Berg	Treasurer	2	—
David Kesterton	Secretary	2	—
Carey Brown	Director	2	—
Vernon O'Neal	Director	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.