Gaddis Family Foundation Inc
- Assets
- $3.9m
- Revenue
- $90.6k
- Investments
- $3.6m
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 01-0555919
Organization Overview
Gaddis Family Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gaddis Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gaddis Family Foundation Inc generated $90.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $263.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Gaddis Family Foundation Inc has awarded 59 individual grants totaling $423,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan T Gaddis President | 0 | $0 | |
Michael R Gaddis Director | 0 | $0 | |
Perry Stamos Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $99,969 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$12,367 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,969 |
| Total Revenue | $90,571 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,669 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,046 |
| Total operating and administrative expenses | $41,215 |
| Contributions, gifts, grants paid | $222,500 |
| Total expenses and disbursements | $263,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $243,309 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,257 |
| Total assets | $3,856,238 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Gaddis Family Foundation Inc has awarded $222,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
UNCF PURPOSE: GENERAL SUPPORT | $10,000 |
HUMANE SOCIETY OF BROWARD PURPOSE: GENERAL SUPPORT | $35,000 |
WOUNDED WARRIOR PROJECT PURPOSE: GENERAL SUPPORT | $2,000 |
UNITED WAY OF BROWARD PURPOSE: GENERAL SUPPORT | $30,000 |
BOYS & GIRLS CLUB OF BROWARD CNTY PURPOSE: GENERAL SUPPORT | $5,000 |
ST JUDES CHILDREN'S HOSPITAL PURPOSE: GENERAL SUPPORT | $10,000 |