Organizations Filed Purposes:
TO BUILD EARLY LEARNING CENTERS, PRIMARILY IN DISADVANTAGED NEIGHBORHOODS, THAT PROVIDE HIGH QUALITY EDUCATION AND NURTURING PROGRAMS FOR CHILDREN IN NEED FROM BIRTH THROUGH FIVE YEARS OF AGE.
TO PROVIDE AFFORDABLE CLASSROOMS FOR EARLY LEARNING PROGRAMS HELPING DISADVANTAGED YOUTH IN GEORGIA THROUGH THE PURCHASE OR LEASE AND RENOVATION OR CONSTRUCTION OF CLASSROOM FACILITIES. THE FACILITIES ARE LEASED AT A BELOW-MARKET RATE TO EARLY LEARNING PROGRAMS, SUCH AS HEADSTART, THAT ARE 501(C)(3) ORGANIZATIONS. FACILITIES MAY ALSO BE PROVIDED TO EARLY LEARNING PROGRAMS THROUGH SALES, DIRECT FINANCING LEASES, OR DEVELOPMENT/CONSTRUCTION AGREEMENTS.
THE ORGANIZATION PERFORMS TWO RELATED FUNCTIONS. THE FIRST IS TO PURCHASE OR BUILD FACILITIES FOR EARLY LEARNING PROGRAMS RUN BY 501(C)(3) ORGANIZATIONS, SUCH AS HEADSTART. AS OF DECEMBER 31, 2019, THE ORGANIZATION HAS COMPLETED ELEVEN CONSTRUCTION/RENOVATION PROJECTS, ALL OF WHICH ARE BEING LEASED AS EXPLAINED IN 4B BELOW.
UPON COMPLETION OF THE CONSTRUCTION/RENOVATION DESCRIBED IN 4A ABOVE, THE PROPERTIES ARE LEASED AT A BELOW-MARKET RENT TO 501(C)(3) ORGANIZATIONS WHICH PROVIDE EARLY LEARNING PROGRAMS. SUCH RENT COVERS THE COSTS OF LEASING AND MAINTAINING THE FACILITIES AS WELL AS FUTURE CAPITAL IMPROVEMENTS. AS OF DECEMBER 31, 2019, THE ORGANIZATION HAS LEASED THE ELEVEN COMPLETED PROJECTS.
THE SIBLEY GRANT IS A COMPETITION BETWEEN ONLY THE ELPM CENTERS AS DEEMED BY THE ORIGINAL GIFTING FUNDERS: THE HARLAND FOUNDATION ($100,000) AND THE PITTULLOCH FOUNDATION ($100,000). EACH YEAR THE ELPM CENTERS COMPETE FOR THIS GRANT TO INTRODUCE A NEW PROGRAM TO THEIR EXISTING PROGRAM SERVICES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Kara Portnell | EXECUTIVE DIRECTOR | 40 | $111,000 |
| Jere J Smith | TRUSTEE | 0.1 | $0 |
| Donata Russell Ross | TRUSTEE | 0.1 | $0 |
| Bank Hipp | TRUSTEE | 0.1 | $0 |
| Carol Crumby | TRUSTEE | 0.1 | $0 |
| Mary Pat Crouch | TRUSTEE | 0.1 | $0 |
| Lee Boeke | TRUSTEE | 0.1 | $0 |
| Ron Alston | SECRETARY | 0.1 | $0 |
| Mike Riley | FINANCE COMMITTEE CHAIR | 0.1 | $0 |
| David Haddow | BOARD CHAIRMAN | 0.1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202001849349301145_public.xml