Catherine & Henry J Gaisman Fdn
- Assets
- $61.1m
- Revenue
- $4.5m
- Investments
- $60.9m
- Employees
- 0
- Location
- Wainscott, NY
- Founding
- 03/1936
- Data as of
- 12/2022
- EIN
- 13-6129464
Organization Overview
Catherine & Henry J Gaisman Fdn is located in Wainscott, NY. The organization was established in 1936. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Catherine & Henry J Gaisman Fdn 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, Catherine & Henry J Gaisman Fdn generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $11.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Catherine & Henry J Gaisman Fdn has awarded 42 individual grants totaling $29,132,420. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSES SOLELY THROUGH A PROGRAM OF MAKING CHARITABLE GIFTS AND DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES ORMAKE PROGRAM RELATED INVESTMENTS, THEREFORE, FURTHER ALLOCATION OF ADMINISTRATIVE EXPENSES IS NOT REQUIRED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Waldman Chairman | 20 | $0 | |
Kimberly Waldman Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,372 |
| Dividends & Interest | $3,908,038 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $544,115 |
| Capital Gain Net Income | $544,115 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,459,525 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,094 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,825 |
| Printing and publications | $0 |
| Other expenses | $3,924,830 |
| Total operating and administrative expenses | $3,988,949 |
| Contributions, gifts, grants paid | $7,524,500 |
| Total expenses and disbursements | $11,513,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $226,668 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $60,788,402 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $61,130,280 |
| 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, Catherine & Henry J Gaisman Fdn has awarded $7,524,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL RESCUE FUND PURPOSE: RESCUES DOGS AND CATS FROM PUBLIC SHELTERS WHERE THEY WOULD OTHERWISE BE EUTHANIZED AND ADOPTS THEM INTO NEW HOMES. | $10,000 |
EAST HAMPTON MEALS ON WHEELS PURPOSE: PROVIDES HOME-DELIVERED MEALS SERVICES TO PEOPLE IN NEED. | $10,000 |
EAST HAMPTON AMBULANCE ASSOCIATION PURPOSE: MEDICAL RESEARCH | $20,000 |
EAST HAMPTON PUBLIC LIBRARY PURPOSE: EDUCATION | $1,000 |
FIDELITY CHARITABLE GIFT FUND PURPOSE: GENERAL SUPPORT TO VARIOUS CHARITIES. | $5,383,500 |
PATRONS OF THE ART IN THE VATICAN MUSEUM PURPOSE: ART RESTORATION | $10,000 |