The Community Foundation for Northeast Georgia

What The Community Foundation for Northeast Georgia does

The Community Foundation for Northeast Georgia (CFNEG) is a 501(c)(3) public charity founded in 1984 and headquartered in Duluth, Georgia. It operates as a regional community foundation connecting individual donors, families, corporations, nonprofit organizations, and professional advisors in Northeast Georgia and Metro Atlanta with vetted local charitable causes. The foundation's core offering is a portfolio of charitable fund types — including Donor Advised Funds, Nonprofit (Agency) Funds, the Good2Give Community Fund, Planned Giving vehicles, Endowment Funds, Scholarship Funds, School Endowments, and Supporting Organizations — through which it manages charitable assets and administers grants. Over 30+ years, the foundation has granted more than $80 million to community nonprofits, primarily via the Good2Give Community Fund, with cumulative Good2Give Celebration fundraising of $800,000 since 2016.

The foundation runs a layered program portfolio beyond fund administration: the Nonprofit and Leadership Academy delivers workshops for nonprofit leaders, the LIFT (Leadership Impact for Transformation) program offers year-long executive leadership coaching, and the Good2Give Celebration serves as an annual storytelling and fundraising event. It also operates a Professional Advisor Network of financial advisors, attorneys, and CPAs that channels donor-advised fund and planned giving business, and distributes community impact content through a podcast, newsletter, and social channels. Marketing and engagement channels include direct outreach, field visits to nonprofit partners, and personalized consultations with knowledgeable staff.

Revenue is generated primarily through administrative fees on managed charitable assets (managed services model), with no publicly disclosed fee schedule, AUM, or financial statements. The foundation has a lean operating footprint of approximately 8 staff and a single headquarters. There is no proprietary technology stack, no AI/ML capability disclosed, and operations rely on a standard community foundation ERP/portal for fundholder access. Governance is provided by a volunteer Board of Directors, and the organization is led by President and CEO DePriest Waddy following a transition from predecessor Randy Redner.

Name

The Community Foundation for Northeast Georgia

Legal name

Community Foundation for Northeast Georgia

Website

https://cfneg.org

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Short description

The Community Foundation for Northeast Georgia is a Duluth, GA-based 501(c)(3) public charity that manages donor-advised, agency, and community charitable funds for individuals, families, nonprofits, and advisors across Northeast Georgia, administering grants and running leadership education programs.

Ownership category

akta.pro rank

Product category

Community Foundation Fund Management

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Other Grantmaking and Giving Services (813219)

SIC

Services-Social Services (8300)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industries

Public Charities & Grantmaking Intermediaries (BPAGAKAE), Capacity Building & Nonprofit Infrastructure Funders (BPAGAKAO)

Keywords

• Community foundation services
• Charitable fund management
• Donor-advised funds
• Philanthropic advisory services
• Nonprofit capacity building

Headquarters

HQ city

Duluth

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Charitable Fund Management: Manages charitable funds for donors including donor-advised funds, nonprofit funds, and endowment funds. Generates revenue through administrative fees on managed assets. The foundation operates as a public charity with favorable tax status.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

The Community Foundation for Northeast Georgia manages a portfolio of charitable funds on behalf of donors, families, corporations, and nonprofit organizations, including donor-advised funds, agency/nonprofit funds, endowments, scholarship funds, planned giving vehicles, and the Good2Give Community Fund. The foundation administers these funds, invests and distributes the assets as grants to vetted local nonprofits, and supports community causes through grant programs, leadership development (LIFT), and the Nonprofit and Leadership Academy.

Product overview

The Community Foundation for Northeast Georgia is a philanthropy organization that operates as a fund management platform connecting donors with charitable causes. The core offering consists of various fund types including Donor Advised Funds (the primary charitable checkbook vehicle), Nonprofit/Agency Funds, Good2Give Community Fund, Planned Giving, and Specialty Funds (Endowment, Unrestricted, Fields of Interest, Donor-Designated, Scholarship, and School Endowments). Supporting Organizations provide additional giving structures. The foundation also offers educational programs including LIFT (Leadership Impact for Transformation) - a yearlong executive leadership coaching program - and the Nonprofit and Leadership Academy. Grant programs distribute funds to nonprofits with annual focus areas. The platform enables fundholders to manage charitable giving, make grants, and connect with community causes through a network of vetted nonprofit partners.

Differentiator

Problem solved

Functional benefit

Brands

• Good2Give Community Fund: A pooled donor fund that enables everyday people to give back, having granted over $80 million to address community needs over 30 years.
• Good2Give Celebration
• LIFT (Leadership Impact for Transformation)
• Nonprofit and Leadership Academy

Products and services

• Donor Advised Funds A charitable giving vehicle that provides donors with a flexible, personal approach to philanthropy, functioning as a charitable checkbook allowing fundholders to recommend grants to charities at their convenience.
• Nonprofit (Agency) Funds A fund vehicle for nonprofit organizations that allows them to grow assets for present and future needs while focusing on running their nonprofit and ensuring a constant source of revenue.
• Good2Give Community Fund A community fund that enables everyday people from all walks of life to give back, having granted over $80 million over 30 years to address real needs in the community.
• Planned Giving Structured donations often as part of estate planning that enable donors to leave a lasting legacy while potentially providing tax benefits for them and their heirs.
• Endowment Funds Funds created to provide a permanent source of support for charitable purposes where the principal is preserved, allowing donors to make a difference during their lifetime and beyond.
• Unrestricted Funds Funds that support the Community Foundation's annual community grant programs addressing a broad range of local needs, including future needs that cannot be anticipated.
• Fields of Interest Funds Funds that target gifts to address a specific area of community need such as arts, healthcare access, or environment, with grants awarded to nonprofits making a difference in the selected area.
• Donor-Designated Funds Funds that ensure long-term annual support is provided to specific charitable organizations chosen by donors, with reallocation provisions if named charities cease to exist.
• Scholarship Funds Funds established to help students achieve their dreams through education, with eligibility based on field of study, community involvement, merit, or financial need.
• School Endowments Endowments established to enhance the quality of public education by providing funds for developing educational needs, each with its own governing board.
• Supporting Organizations Arrangements that provide benefits of a private foundation with favorable public charity status for income tax purposes, with lower administrative responsibilities and costs.
• LIFT (Leadership Impact for Transformation) A yearlong executive leadership development program that incorporates coaching groups, inclusive leadership training, and lunch-n-learn events to foster self-awareness, communication, and meaningful connection among nonprofit leaders.
• Nonprofit and Leadership Academy Educational programs and workshops for nonprofits providing relevant learning opportunities and professional development.

Quantifiable outcome

• Over $80 million granted to community nonprofits through Good2Give Community Fund
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Long Table Consulting / Linnea MillercoreStrategic or Co-development Partner · 1 January 2024Collaboration on LIFT (Leadership Impact for Transformation) program - a yearlong executive leadership coaching group for nonprofit leaders. Linnea Miller facilitates coaching groups with scholarship support from the foundation.
• Professional Advisors NetworkcoreStrategic or Co-development PartnerNetwork of financial advisors, attorneys, CPAs, and wealth managers who integrate foundation services into client charitable giving strategies. Advisors refer clients and help establish donor-advised funds and other giving vehicles.
• Sugarloaf Community Improvement DistrictminorStrategic or Co-development PartnerCollaboration on community events including Draw the District: A Chalk Arts Festival. Executive Director Alyssa Davis participated in LIFT program leading to event partnership.
• The Hudgens Center for Art and LearningminorStrategic or Co-development PartnerNonprofit arts center collaborating on community events. Executive Director Laura Ballance participated in LIFT program, leading to collaborative chalk art festival.
• Create GwinnettminorStrategic or Co-development PartnerNonprofit elevating arts and creativity as economic driver in Gwinnett County. Executive Director Chris Cannon participated in LIFT program.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Community Foundation of Greenville: Mid-sized Southeastern community foundation with DAF, agency fund, and competitive-grant programs; closely analogous in scale, structure, and Southern U.S. regional focus to CFNEG.
• Community Foundation of Middle Tennessee: Large Southeastern community foundation operating DAFs, agency funds, scholarships, and competitive grant cycles; structurally similar to CFNEG with a parallel "good to give" community fund heritage.
• Foundation For The Carolinas: Major regional community foundation serving the Charlotte region with a broad suite of donor-advised, agency, scholarship, and endowment funds; comparable operating model at a larger AUM scale.
• Coastal Community Foundation of South Carolina: Regional community foundation operating donor-advised funds, agency endowments, and competitive grants along coastal South Carolina; similar scope, governance, and product mix.
• The Community Foundation for Greater Atlanta: Larger community foundation serving the broader Atlanta metro region with a similar DAF, agency fund, and grantmaking model; operates in overlapping geography (Metro Atlanta, Gwinnett, Forsyth) and is the most directly comparable community foundation peer.
• Community Foundation of Western North Carolina: Regional community foundation serving Western North Carolina with DAF, agency, scholarship, and grantmaking programs; comparable in scale and rural/Southeast regional orientation to CFNEG.
• East Tennessee Foundation: Regional community foundation serving 25 counties in East Tennessee with DAFs, agency funds, scholarships, and competitive grant cycles; very close analog to CFNEG in scale and regional service footprint.

Broad incumbents

• Fidelity Charitable: Largest national donor-advised fund sponsor with a tech-forward donor experience; competes with CFNEG for the same donor dollars and represents the dominant national-scale alternative to community foundation DAFs.
• Schwab Charitable: Major national DAF sponsor affiliated with Schwab; offers streamlined online DAF management that competes directly with community foundation DAFs for donor share of wallet.
• National Philanthropic Trust: Large national DAF sponsor managing tens of billions in charitable assets; competes with community foundations like CFNEG for donor-advised fund assets at national scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/CFNEG
• LinkedInlinkedin.com/company/cfneg
• Instagraminstagram.com/cfneg

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Community Foundation for Northeast Georgia