Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Homestead Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2009. The principal officer is David H Cofrin. It holds total assets of $20.8M. Annual income is reported at $16.9M. Total assets have grown from $707K in 2011 to $20.8M in 2024. The foundation is governed by 7 officers and trustees. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Georgia and Massachusetts. According to available records, The Homestead Foundation Inc. has made 243 grants totaling $3.8M, with a median grant of $15K. The foundation has distributed between $741K and $1.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 94 grants. Individual grants have ranged from $3K to $55K, with an average award of $16K. The foundation has supported 144 unique organizations. The foundation primarily supports organizations in Georgia, Massachusetts, California, which account for 91% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
The Homestead Foundation Inc. (EIN 32-0262061) is a private foundation based in Atlanta, Georgia with approximately $20.8M in assets. The foundation does not maintain a public grantmaking portal (the listed website thehomestead.org does not resolve), which is characteristic of trustee-directed private foundations in this asset band. These foundations typically operate without open RFPs, instead making grants through director relationships, family ties, and longstanding grantee commitments. The foundation was established in the mid-to-late 2000s based on its EIN assignment window and is likely a family vehicle or the philanthropic arm of a closely held business. Prospective grantees must treat the Form 990-PF as the sole source of truth on giving patterns, since no organizational communications channel exists. Warm introductions through trustees — identified via Georgia business, church, and civic networks — are the primary engagement route.
At ~$20.8M in assets, IRS-mandated 5% minimum distribution implies annual grants in the $1.0M-$1.1M range. Grant sizes at private foundations of this scale typically cluster between $5,000 and $25,000 for most grantees, with 2-5 larger anchor grants ($50K-$250K) to long-term partners. Geographic patterns skew strongly toward metro Atlanta and the state of Georgia — small private foundations rarely fund outside their home region unless a trustee has a personal connection. Sector patterns across Georgia private foundations this size most commonly include Christian ministry and church-affiliated causes, private K-12 education, higher education (Georgia Tech, Emory, Georgia State, UGA), health and medical research, and select arts institutions. Because the foundation is not in a DAF structure, all giving flows through its own 990-PF and is publicly auditable.
| Foundation | State | Assets | Public Portal | Typical Grant |
|---|---|---|---|---|
| Homestead Foundation Inc. | GA | $20.8M | No | $5K-$25K (est.) |
| Marcus Foundation | GA | ~$400M | Yes | $25K-$1M |
| Woodruff Foundation | GA | ~$3.8B | No (invite) | $100K-$5M |
| Whitehead Foundation | GA | ~$550M | Yes | $25K-$250K |
| Community Fdn for Greater Atlanta | GA | ~$1.5B | Yes | Variable |
Homestead Foundation is materially smaller than the flagship Atlanta private foundations. It sits in the tier of family foundations that give ~$1M/year through personal networks — a cohort that includes dozens of Atlanta-area private foundations at the $15M-$30M asset level (Zaban Foundation, Mashburn Foundation, etc.). These peers typically do not accept unsolicited proposals.
The foundation's 990-PF filings (available on ProPublica Nonprofit Explorer with a 12-18 month lag from fiscal year-end) are the sole reliable record of recent grantmaking activity. Atlanta's philanthropic climate in 2025-2026 has seen increased flows to mental health, affordable housing, and workforce development, alongside established giving to education and faith-based institutions. Georgia private foundations at this asset scale often maintain stable grantee rosters — meaning the list of recipients varies little year-over-year. Prospective grantees should therefore check 2-3 years of 990-PFs to confirm grantee stability and identify any recent additions that signal a shift in focus.
1. Retrieve the most recent 990-PF from ProPublica Nonprofit Explorer (search EIN 32-0262061) — the full grantee list and amounts are the definitive record; do not rely on the non-resolving website. 2. Identify the foundation's officers, directors, and trustees from Part VIII of the 990-PF and research their Atlanta business, religious, and civic networks via LinkedIn and public directories. 3. If you cannot find a warm trustee connection, a short introductory letter mailed to the foundation's filing address (Atlanta) describing your mission in one page is the conventional approach — expect no reply. 4. Size your ask based on existing grantee patterns — $10K-$25K for first-time requests, higher only if the foundation already gives at that level to similar organizations. 5. Emphasize Atlanta or Georgia geographic impact; if your organization is out-of-state, identify a specific connection (alumni, trustee affinity, program site) before applying.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$18K
Largest Grant
$50K
Based on 45 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
At ~$20.8M in assets, IRS-mandated 5% minimum distribution implies annual grants in the $1.0M-$1.1M range. Grant sizes at private foundations of this scale typically cluster between $5,000 and $25,000 for most grantees, with 2-5 larger anchor grants ($50K-$250K) to long-term partners. Geographic patterns skew strongly toward metro Atlanta and the state of Georgia — small private foundations rarely fund outside their home region unless a trustee has a personal connection. Sector patterns across G.
The Homestead Foundation Inc. has distributed a total of $3.8M across 243 grants. The median grant size is $15K, with an average of $16K. Individual grants have ranged from $3K to $55K.
The Homestead Foundation Inc. (EIN 32-0262061) is a private foundation based in Atlanta, Georgia with approximately $20.8M in assets. The foundation does not maintain a public grantmaking portal (the listed website thehomestead.org does not resolve), which is characteristic of trustee-directed private foundations in this asset band. These foundations typically operate without open RFPs, instead making grants through director relationships, family ties, and longstanding grantee commitments. The f.
The Homestead Foundation Inc. is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David L Gaggero | DIRECTOR | $0 | $0 | N/A |
| Alan Walsh | DIRECTOR | $0 | $0 | N/A |
| Christine Tryba-Cofrin | PRESIDENT / DIRECTOR | $0 | $0 | N/A |
| David H Cofrin | VICE PRES /TREASURER /DIRECTOR | $0 | $0 | N/A |
| Sara J Cofrin Walsh | VICE PRESIDENT / DIRECTOR | $0 | $0 | N/A |
| Shannon Cofrin Gaggero | SECRETARY / DIRECTOR | $0 | $0 | N/A |
| Jessica W Cofrin | VICE PRESIDENT / DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$20.8M
Fair Market Value
N/A
Net Worth
$20.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
243
Total Giving
$3.8M
Average Grant
$16K
Median Grant
$15K
Unique Recipients
144
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Johnson Stem Activity Center IncGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Community Movement Builders IncGENERAL OPERATING | Atlanta, GA | $50K | 2023 |
| New Disabled South IncGENERAL OPERATING | College Park, GA | $25K | 2023 |
| Trans Housing Atlanta Program IncGENERAL OPERATING | Atlanta, GA | $25K | 2023 |
| Women'S Resource Center FundGENERAL OPERATING SUPPORT | Decatur, GA | $25K | 2023 |
| El Refugio Ministry IncGENERAL OPERATING | Hapeville, GA | $25K | 2023 |
| Trans Housing Atlanta IncGENERAL OPERATING | Atlanta, GA | $25K | 2023 |
| Open Collective FoundationGENERAL OPERATING | Walnut, CA | $25K | 2023 |
| Feminist Womens Health Center IncGENERAL OPERATING | Atlanta, GA | $20K | 2023 |
| Atlanta Childrens Shelter IncGENERAL OPERATING | Atlanta, GA | $20K | 2023 |
| Sur Legal CollaborativeGENERAL OPERATING | Decatur, GA | $20K | 2023 |
| Ekvnv YefolecvGENERAL OPERATING | Weogufka, AL | $20K | 2023 |
| Protect The Vote IncGENERAL OPERATING | Atlanta, GA | $20K | 2023 |
| Automotive Training CenterGENERAL OPERATING | East Point, GA | $20K | 2023 |
| Global Village Project IncGENERAL OPERATING | Decatur, GA | $20K | 2023 |
| Men Stopping Violence IncGENERAL OPERATING | Atlanta, GA | $20K | 2023 |
| The Welcome Project IncGENERAL OPERATING | Hartford, KY | $20K | 2023 |
| Clarkston Community Health-- Center IncGENERAL OPERATING | Clarkston, GA | $20K | 2023 |
| Dominion Arts FoundationGENERAL OPERATING | Atlanta, GA | $20K | 2023 |
| Soul Food Cypher IncGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Mint IncGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Museum Of Design Atlanta IncGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Food Recovery Network IncGENERAL OPERATING | Washington, DC | $15K | 2023 |
| Berkshire Agriculture VenturesGENERAL OPERATING | Gt Barrington, MA | $15K | 2023 |
| True Colors Theatre CompanyGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Center Helping Obesity In Children End SGENERAL OPERATING | Kennesaw, GA | $15K | 2023 |
| Georgia Appleseed IncGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Boston City Singers IncGENERAL OPERATING | Dorchester, MA | $15K | 2023 |
| Greenagers IncGENERAL OPERATING | S Egremont, MA | $15K | 2023 |
| Global Growers Network IncGENERAL OPERATING | Decatur, GA | $15K | 2023 |
| Food Well Alliance IncGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Vox Teen Communications IncGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Synchronicity Performance GroupGENERAL OPERATING | Atlanta, GA | $15K | 2023 |
| Historic Oakland Foundation IncGENERAL OPERATING | Atlanta, GA | $10K | 2023 |
| Art Papers IncGENERAL OPERATING | Atlanta, GA | $10K | 2023 |
| Forever Family IncGENERAL OPERATING | Atlanta, GA | $10K | 2023 |
| Nicholas House IncGENERAL OPERATING | Atlanta, GA | $10K | 2023 |
| Midtown Assistance Center IncGENERAL OPERATING | Atlanta, GA | $10K | 2023 |
| Reimagine AtlGENERAL OPERATING | Atlanta, GA | $10K | 2023 |
| Clifton Santuary MinsitriesGENERAL OPERATING | Atlanta, GA | $10K | 2023 |
| Pro Bono Partnership Of Atlanta IncGENERAL OPERATING | Atlanta, GA | $10K | 2023 |
| Raising A Reader MassachusettsGENERAL OPERATING | Boston, MA | $10K | 2023 |
| Tekton Career TrainingGENERAL OPERATING | Clarkston, GA | $10K | 2023 |
| Stockbridge-Musee CommunityGENERAL OPERATING | Williamstown, MA | $10K | 2023 |
| Housing Assistance CorporationGENERAL OPERATING | Hyannis, MA | $10K | 2023 |
| Material Aid And Advocacy Program IncGENERAL OPERATING | Cambridge, MA | $10K | 2023 |
| House IncGENERAL OPERATING | Middlebury, VT | $10K | 2023 |
| Silver Lining Mentoring IncGENERAL OPERATING | Boston, MA | $10K | 2023 |
| Concrete Jungle IncGENERAL OPERATING | East Point, GA | $10K | 2023 |
| Decatur Cooperative MinistryGENERAL OPERATING | Decatur, GA | $10K | 2023 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA