Human Services
Georgia Resilience And Opportunity Fund Inc
ATLANTA, GA
Total revenue
$5.2M
Total expenses
$13.1M
Net assets
$7.3M
Grants received
$11.8M
34 grants
EIN
871811721
Tax year
2024
Mission
Gro builds bold, evidence-based, and community-informed solutions to address the root causes of poverty and work toward closing the racial wealth gap.
Programs
2 programs
Freedom futures: cash for today, capital for tomorrow1. Policy learning: the organization will share the findings and results of freedom futures: cash for today, capital for tomorrow, an accelerated baby bonds pilot program, with various agencies to educate them on income stability and wealth-building programs focused on economically marginalized youth and young adults. The goal of these programs will be generating evidence on early wealth building and education. The organization may write white papers or do limited advocacy for strategies to address wealth disparities such as a state baby bonds program. The organization conducts limited lobbying activities and speaks with various political figures from time to time. The organization's main focus will be to educate georgia-based organizations and other entities who are interested in learning more about the baby bonds pilot program and its results, as well as the theory and policy behind direct youth wealth building strategies. This work will be done by organization staff and volunteers. 2. Direct service provision for low-income youth and young adults: the freedom futures: cash for today, capital for tomorrow program will provide 50 low-income young adults in atlanta with a $500/month income support for four years, financial education, and a large lump sum of approximately $40,000 for wealth building purposes such as buying a home, starting a business or enrolling in higher education. The goal of the pilot is to support the young people enrolled and to generate insight on how these interventions improve youth and young peoples financial stability and wealth position.
Communicationsthe communications program supports gros work by elevating program learnings from evaluation and participant stories. The communications program uses data and evidence to better understand harmful narratives about poverty and the racial wealth gap and how to create new narratives that emphasize how the economy can work for all of us.
Financials
FY 2024
Revenue
Expenses
People
12 listed
HOPE WOLLENSACK
Executive Dir.
$153K
40 hrs/wk
AMIR FAROKHI
Chairman
—
5 hrs/wk
ALAN ESSIG
Treasurer
—
5 hrs/wk
AISHA NYANDORO
Director
—
1 hrs/wk
DALE ROYAL
Director
—
1 hrs/wk
KRISTIE GOODMAN DAVIS
Director
—
1 hrs/wk
JOHN SIMPKINS
Director
—
1 hrs/wk
NATALIE FOSTER
Director
—
1 hrs/wk
SARAH BETH GEHL
Director
—
1 hrs/wk
YONINA GRAY
Director
—
1 hrs/wk
AMIT KHANDURI
PROGRAM DIRECTOR
$108K
40 hrs/wk
ANNA HALPERN
FINANCE/OPERAT DIR
$103K
40 hrs/wk
Grants received
Showing 34 of 34
Funded by
$11.8M from 26 funders · 34 grants · 2022–2024
$4M · 1 grant · 2023
$2.2M · 2 grants · 2023–2024
$1M · 1 grant · 2023
$889K · 2 grants · 2023–2024
$799K · 3 grants · 2022–2024
$406K · 4 grants · 2022–2024
$375K · 1 grant · 2024
$350K · 1 grant · 2023