Financial Information & Policies
The North Georgia Community Foundation is a trusted steward of charitable funds established by individuals, families, companies and nonprofits. We are committed to protecting and thoughtfully managing the assets entrusted to us, honoring our donors’ charitable intentions while supporting the needs of our community today and for generations to come.
Investment Objectives
Our investment approach has two primary goals:
- Provide a growing source of income to support the charitable purposes of NGCF, our donors and our nonprofit agency endowments.
- Preserve the purchasing power of our assets so charitable funds can continue to make an impact over time.
We carefully manage these assets to balance today’s charitable needs with long-term growth, helping ensure resources remain available for future generations.
Asset Allocations
The Foundation’s investment philosophy is intended to balances growth and income while managing risk and protecting charitable resources for future use.
Our portfolio includes diversified mutual funds managed by American Funds/Capital Group, with most assets allocated 65% to stocks (equities) and 35% to bonds and other fixed-income investments.
Our investment policy prohibits purchasing securities with borrowed money (buying on margin) and short selling. We do not invest in alternative investments, futures or options.
Investment Oversight
Our Investment Committee includes board members and volunteers with investment expertise. The committee oversees NGCF’s investment activities and regularly reviews both portfolio performance and the work of our investment advisors and managers.
Our investment advisors and managers follow guidelines established by NGCF and reaffirmed annually. They are held to high standards of ethical conduct, accountability and performance.
Investment Performance
The Investment Committee meets quarterly to review the performance of the Foundation’s investment assets and reports on the performance.
Financial Documents
IRS Form 990 is on file at our office and available for public inspection, and IRS Form 990-T will be made publicly available for inspection for any years in which it is filed. If you would like additional information not listed here, please contact the Foundation at (770) 535-7880.
Audited Financial Statements (PDFs)
2025 Audit
2024 Audit
2023 Audit
2022 Audit
2021 Audit
2020 Audit
2019 Audit
IRS Form 990 (PDFs)
2025 Form 990 Return
2024 Form 990 Return
2023 Form 990 Return
2022 Form 990 Return
2021 Form 990 Return
2020 Form 990 Return
2019 Form 990 Return
Policies (PDFs)
Investment Policy
Gift Acceptance Policy
Donor Privacy Policy
Nondiscrimination Policy
Have a Question?
If you have any financial or investment-related questions, email finance@ngcf.org or call 770-535-7880.