Richard And Barbara Gaby Foundation
- Assets
- $90.2m
- Revenue
- $11.2m
- Investments
- $82.4m
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 20-2110682
Organization Overview
Richard And Barbara Gaby Foundation is located in Duluth, GA. The organization was established in 2005. 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. Richard And Barbara Gaby 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, Richard And Barbara Gaby Foundation generated $11.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Richard And Barbara Gaby Foundation has awarded 186 individual grants totaling $17,609,629. 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.
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 |
|---|---|---|---|
Barbara Van Andel Gaby Trustee | 15 | $0 | |
Richard Gaby Trustee | 15 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $311 |
| Dividends & Interest | $1,812,034 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,191,336 |
| Capital Gain Net Income | $8,190,697 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,204,758 |
| Total Revenue | $11,208,439 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $59,504 |
| Other employee salaries and wages | $12,260 |
| Pension plans, employee benefits | $7,187 |
| Interest | $0 |
| Taxes | $154,642 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,199 |
| Total operating and administrative expenses | $537,474 |
| Contributions, gifts, grants paid | $2,610,026 |
| Total expenses and disbursements | $3,147,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,445,133 |
| 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 | $66,012,813 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $300,458 |
| Total assets | $90,173,534 |
| Accounts payable and accrued expenses | $19,071 |
| 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 | $19,071 |
Grants Awarded
Over the last fiscal year, Richard And Barbara Gaby Foundation has awarded $3,165,268 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
ACTON INSTITUTE PURPOSE: STUDY OF RELIGION AND LIBERTY | $15,000 |
CITY OF REFUGE PURPOSE: COMMUNITY SUPPORT | $585,000 |
COMPASSION INTERNATIONAL PURPOSE: CHRISTIAN HUMANITARIAN AID | $23,169 |
GEORGIA CENTER FOR OPPORTUNITY PURPOSE: PUBLIC POLICY | $250,000 |
GO TO NATIONS PURPOSE: CHRISTIAN HUMANITARIAN AID | $112,000 |
HUMAN COALITION PURPOSE: HUMAN RIGHTS ORGANIZATION | $250,000 |