Joseph B Whitehead Foundation

Nonprofit profile at a glance

EIN
586001954
IRS 990-PF coverage
2020–2025
Forms available
Form 990-PF 2025
Location
Atlanta, GA, USA
Phone
4045226755
Rating
82
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$352,630,813
Expenses
$81,954,449

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Joseph B Whitehead Foundation is a nonprofit. Location: Atlanta, GA. EIN 586001954. Tax year 2025 Form 990-PF reports $353M revenue and $82M expenses.

What it reported funding in 2025

The foundation reported 41 grants totaling $76,134,821. The stated grant purposes included launch of atlanta alliance to build capacity and collaboration across youth-serving organizations., expansion of smart literacy initiative to improve k-3 literacy through arts integration at four metro atlanta schools., and $19.3 million campaign to expand food distribution capacity with capital and technology updates., plus 38 other reported purposes.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 99% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 75
  • Cost Efficiency: 93
  • Transparency: 100
  • Compliance: 94
  • Endowment Health: 16

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 74.6%; rating input score 75; 13th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 92.9%; rating input score 93; 71st percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Fail
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 9.42; rating input score 16; 16th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 74.6% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 16th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 53 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 16/100.
  • Review — Compliance: Part VII-B activity disclosures: 2 of 19 not reported.