Program areas at GPF Woodson Park NMTC
The organization's supported entity, grove Park foundation, Inc. is constructing a new school building for Woodson Park academy, which is located within a census tract that is eligible for the new market tax credit ("NMTC") program. In october 2019, GPF entered into a series of agreements and transactions with a certified community development entity, ("cde") and an investment fund affiliated with a commercial bank. The foundation formed GPF Woodson Park NMTC, Inc. ("gp wp NMTC") to facilitate the transaction, by issuance of four notes payable totaling to $20,700,000 with an interest rate of 1.00% paid annually starting in 2028. The organization will carry debt and hold title to real property located at 1605 donald lee hollowell parkway, nw atlanta, ga 30318. When completed, the organization will transfer the property to grove Park foundation, Inc.
Who funds GPF Woodson Park NMTC
Grants from foundations and other nonprofits
Personnel at GPF Woodson Park NMTC
| Name | Title | Compensation | Date of data |
|---|
| Gavin McGuire | Executive Director | $0 | 2023-11-15 |
| Debra Edelson | Past Executive Director | $0 | 2021-12-31 |
Financials for GPF Woodson Park NMTC
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $199,500 | $200,000 | -0.2% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $199,500 | $200,000 | -0.2% |
Organizations like GPF Woodson Park NMTC
| Organization | Type | Location | Revenue |
|---|
| Talladega College Real Estate SCInc | 501(c)(3) | Talladega, AL | $270,224 |
| Ser Qalicb | 501(c)(3) | Houston, TX | $111,012 |
| Friends of the Greater Ravalli County Foundation | 501(c)(3) | Hamilton, MT | $342,400 |
| The Island School Foundation | 501(c)(3) | Boca Grande, FL | $492,332 |
| Lambeth House Foundation | 501(c)(3) | New Orleans, LA | $340,777 |
| 6757 Olive Holdings | 501(c)(3) | University City, MO | $85,954 |
| Central Park School for Children Foundation | 501(c)(3) | Durham, NC | $396,970 |
| Bynum School Endowment Fund Management | 501(c)(3) | Midland, TX | $257,184 |
| Greenbrier Educational Foundation | 501(c)(3) | Chesapeake, VA | $337,901 |
| Sullivan Scholars Foundation | 501(c)(3) | Cleveland, OH | $312,197 |
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Updated personnel
Identified 1 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $200,000 from Grove Park Foundation July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
School foundationsGrantmaking organizationsChapter / child organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationState / local levelTax deductible donationsNo full-time employees
General information
- Address
- 1566 Donald Lee Hollowell Pkwy Ste
- Atlanta, GA 30318
- Metro area
- Atlanta-Sandy Springs-Alpharetta, GA
- County
- Fulton County, GA
- Phone
- (404) 386-1703
IRS details
- EIN
- 30-1203158
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2019
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B11: Education Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Subordinate organization
Free account sign-up
Want updates when GPF Woodson Park NMTC has new information, or want to find more organizations like GPF Woodson Park NMTC?
Create free Cause IQ account