Gerard Foundation
- Assets
- $1.6m
- Revenue
- $103.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- Seahurst, WA
- Founding
- 11/2004
- Data as of
- 12/2021
- EIN
- 20-1033479
Organization Overview
Gerard Foundation is located in Seahurst, WA. The organization was established in 2004. 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. Gerard 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 12/2021, Gerard Foundation generated $103.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $98.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gerard Foundation has awarded 29 individual grants totaling $514,200. 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 |
|---|---|---|---|
Chris Slatt Vp/secretary | 0.5 | $0 | |
Jeanine Slatt President/treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,838 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,081 |
| Capital Gain Net Income | $59,081 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,919 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $428 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $16,909 |
| Contributions, gifts, grants paid | $81,200 |
| Total expenses and disbursements | $98,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,464 |
| 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 | $1,542,084 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $760 |
| Total assets | $1,585,308 |
| 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, Gerard Foundation has awarded $81,200 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
STARFIRE SPORTS PURPOSE: PROVIDES SOCIAL PROGRAMS THAT INSPIRE, ENCOURAGE AND EMPOWER THE COMMUNITY | $50,000 |
Notre Dame, IN PURPOSE: SUPPORTING WOMEN IN COMPUTER SCIENCE | $15,000 |
ASU FOUNDATION PURPOSE: ENSURING AND ELEVATING ACADEMIC EXCELLENCE | $5,000 |
Notre Dame, IN PURPOSE: SUPPORTING UNDERREPRESENTED ENGINEERING SCHOLARS | $5,000 |
EXCHANGE CLUB OF HIGHLINE PURPOSE: HELPS UNDERPRIVILEGED STUDENTS WITH NEEDED SCHOOL SUPPLIES | $2,500 |
Seattle, WA PURPOSE: GIVING CHILDREN THE OPPORTUNITIES TO REACH THEIR FULL POTENTIAL | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |
Sahsen Foundation Seattle, WA | $120,057,207 | $11,828,075 |
Vatheuer Family Foundation Inc Hobart, WA | $0 | $3,733,677 |
Crystal Spring Foundation Seattle, WA | $0 | $2,197,015 |