Atlanta’s past sale of trophy properties, such as Underground Atlanta, has helped ease pressure on the city’s upcoming budget and put Atlanta ahead of other governments that have kept assets such as public golf courses – another item Atlanta unloaded.
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Atlanta Community Foundation reaches $1.1 billion in assets
The Community Foundation for Greater Atlanta has reached a new milestone – it now has $1.1 billion assets, according to its unaudited 2017 Annual Report released on Tuesday.
The annual report also states that the Foundation awarded $100 million in grants to 3,100 nonprofit organization – locally, nationally and internationally. More than 70 percent of those grants were made to nonprofits in the 23-county metro Atlanta region, the Foundation’s area of expertise.
