Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

GGCC Community Foundation Inc, a nonprofit organization based in Montgomery County, focuses on philanthropy with a mission to support community engagement relevant to the Upcounty small business community, emphasizing professional development, workforce development, and community involvement. With an operating budget of $73K and total revenue of $95.3K for the 2024 filing year, the foundation is dedicated to fostering local initiatives without relying on a single funder for the majority of its revenue. More information can be found on their website at www.ggchamber.org.

Mission Statement

SUPPORT COMMUNITY ENGAGEMENT WORK RELEVANT TO THE MONTGOMERY COUTY UPCOUNTY SMALL BUSINESS COMMUNITY, WITH AN EMPHASIS IN PROFESSIONAL DEVELOPMENT, WORKFORCE DEVELOPMENT, AND COMMUNITY INVOLVEMENT
Revenues
$95.3K
Expenses
$91.8K
Net Income:
+$3.4K
Assets
$11.7K
Liabilities
$6.9K
Net Assets:
+$4.8K
Operating Budget
$73K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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A
Asif Choudhury
Board Member
B
Barbara Crews
Board Member
A
Anita Anderson
Board Member

Frequently Asked Questions

What is GGCC COMMUNITY FOUNDATION INC’s budget?
In 2024, GGCC COMMUNITY FOUNDATION INC reported an annual operating budget of around $73 thousand. More detailed financial information is available to registered users.
What causes does GGCC COMMUNITY FOUNDATION INC support?
GGCC COMMUNITY FOUNDATION INC supports work in Philanthropy.
Where does GGCC COMMUNITY FOUNDATION INC operate?
GGCC COMMUNITY FOUNDATION INC is headquartered in Gaithersburg, MD.