Karen Mayers Gamoran Foundation
- Assets
- $2.2m
- Revenue
- $45.1k
- Investments
- $2.1m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/2007
- Data as of
- 12/2020
- EIN
- 20-0515144
Organization Overview
Karen Mayers Gamoran Foundation is located in Seattle, WA. The organization was established in 2007. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Karen Mayers Gamoran Foundation 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 12/2020, Karen Mayers Gamoran Foundation generated $45.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $93.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Karen Mayers Gamoran Foundation has awarded 86 individual grants totaling $663,055. 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 |
|---|---|---|---|
Karen Mayers Gamoran President & | 5 | $0 | |
Joel B Gamoran Secretary | 1 | $0 | |
Erin Haber Vice-Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $96 |
| Dividends & Interest | $28,758 |
| Net Rental Income | -$392 |
| Net Gain on Sale of Assets | $8,189 |
| Capital Gain Net Income | $8,189 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$3,890 |
| Total Revenue | $45,107 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,203 |
| Depreciation | $3,339 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,007 |
| Total operating and administrative expenses | $43,993 |
| Contributions, gifts, grants paid | $49,050 |
| Total expenses and disbursements | $93,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,079 |
| 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 | $448,051 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,176,928 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,400 |
| 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 | $2,400 |
Grants Awarded
Over the last fiscal year, Karen Mayers Gamoran Foundation has awarded $103,040 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $35,000 |
JEWISH JOINT DISTRIBUTIION COMMITTE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
HILLEL FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $8,280 |
KLINE GALLAND HOME PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
WESTSIDE BABY PURPOSE: GENERAL OPERATING SUPPORT | $4,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tsf Properties Seattle, WA | $7,170 | $6,678,409 |
Bridgeview Housing Vancouver, WA | $4,599,663 | $4,544,250 |
Coos Bay Rail Line Inc Coos Bay, OR | $1,080,981 | $4,330,336 |
Hollis Foundation Portland, OR | $88,968,365 | $14,360,180 |
Kissler Family Foundation Boise, ID | $24,629,151 | $1,164,740 |
Gray Family Foundation Portland, OR | $1,484,241 | $300,000 |
Community Roots Holding Foundation Seattle, WA | $1,111,043 | $1,434,819 |
4us Yelm, WA | $959,624 | $1,678,230 |
Sunrise Enterprises Foundation Roseburg, OR | $699,040 | $1,356,830 |
Bethel Community Services Foundation Inc Bethel, AK | $5,857,008 | $1,238,973 |
Good Samaritan Foundation Tacoma, WA | $0 | $4,645,685 |
Self Enhancement Foundation Portland, OR | $22,679,810 | $2,747,508 |