The Homestead Foundation Inc
The Homestead Foundation Inc is a small family foundation established in 2008 and based in Atlanta, Georgia. It operates as a 501(c)(3) private independent foundation that functions as a grantmaking organization. The foundation has been tax-exempt since July 2009.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.8M
+342.4% YoY
Annual Giving
$250K
-70.6% YoY
Grant Count
10
-81.5% YoY
Avg Grant Size
$25K
+58.8% YoY
Mission & Focus Areas
The Homestead Foundation values community, equity, inclusion, and justice in its philanthropic work. The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community projects and general operating support
Grantmaking
The foundation demonstrates strong growth in grantmaking capacity, with a 730% increase in annual giving over a six-year period. In 2025, the foundation awarded grants to over 100 organizations. Recent grantees include organizations such as Community Movement Builders ($50,000), Trans Housing Atlanta ($25,000), El Refugio Ministry ($25,000), Access Reproductive Care-Southeast ($25,000), and numerous arts, education, and community service organizations.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Georgia (72% of all grants, with concentrated focus in Atlanta at 77%, Decatur at 12%, and Clarkston at 3%)
- Massachusetts
- North Carolina
The foundation demonstrates a highly focused geographic giving strategy with deep community impact concentration in its primary service area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2024):
- Total Assets: $20,835,435
- Total Revenue: $16,449,621
- Total Giving: $250,000
- Total Expenses: $348,051
Historical Data (2023):
- Total Assets: $4,709,283
- Total Revenue: $460,333
- Total Expenses: $900,488
All-Time Giving: The foundation has awarded 247 grants totaling $3,752,705 across its history.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,835,435 | $4,709,283 | $5,397,934 |
| Revenue | $16,449,621 | $460,333 | $774,304 |
| Expenses | $348,051 | $900,488 | $759,304 |
| Qualifying Distributions | $273,569 | $857,766 | $710,575 |
| Net Investment Income | $340,706 | $165,846 | $735,012 |
| Distributable Amount | $471,145 | $411,300 | $419,962 |
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
202 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
David H Cofrin is listed as a key contact person for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTINE TRYBA-COFRIN | PRESIDENT / DIRECTOR | 8 | — |
| DAVID H COFRIN | VICE PRES /TREASURER /DIRECTOR | 2 | — |
| JESSICA W COFRIN | VICE PRESIDENT / DIRECTOR | 2 | — |
| SARA J COFRIN WALSH | EXECUTIVE DIRECTOR | 20 | $35,654 |
| SHANNON COFRIN GAGGERO | SECRETARY / DIRECTOR | 8 | — |
| DAVID L GAGGERO | DIRECTOR | 2 | — |
| ALAN WALSH | DIRECTOR | 2 | — |
Contact Information
Address: 685 Linwood Ave NE Suite 100a Atlanta, GA 30306-4437
Phone: 404-566-4273
Website: homesteadfoundation.org
Subject Areas
Focus areas based on grantmaking activity
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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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