Joseph And Licia Gimma Foundation
- Assets
- $405.3k
- Revenue
- $39.5k
- Investments
- $387.7k
- Employees
- 0
- Location
- Green Cove Springs, FL
- Founding
- 11/2009
- Data as of
- 06/2024
- EIN
- 20-6076603
Organization Overview
Joseph And Licia Gimma Foundation is located in Green Cove Springs, FL. The organization was established in 2009. 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. Joseph And Licia Gimma 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 06/2024, Joseph And Licia Gimma Foundation generated $39.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $32.1k during the year ending 06/2024. While expenses have increased by 14.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Joseph And Licia Gimma Foundation has awarded 119 individual grants totaling $123,850. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $57 |
| Dividends & Interest | $16,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,099 |
| Capital Gain Net Income | $21,354 |
| Net ST Capital Gain | $1,745 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,465 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $8,814 |
| Contributions, gifts, grants paid | $23,250 |
| Total expenses and disbursements | $32,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,674 |
| 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 | $84,880 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $405,328 |
| 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, Joseph And Licia Gimma Foundation has awarded $23,250 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CLICK IT FOR CASSIE PURPOSE: UNRESTRICTED; TO PROMOTE SEAT BELT AND AUTOMOBILE SAFETY AWARENESS. | $1,000 |
JUVENILE DIABETES RESEARCH FOUNDATION INT'L PURPOSE: UNRESTRICTED; TO SUPPORT ENDOWMENT AND MAINTENANCE FUNDS. | $2,000 |
ONE80 PLACE PURPOSE: "FEED THE NEED" PROGRAM TO SUPPORT WEEKLY MEAL PROGRAM FOR THE HOMELESS AND INDIGENT IN CHARLESTON, SC | $500 |
LOYOLA SCHOOL PURPOSE: UNRESTRICTED; TO SUPPORT ENDOWMENT FUND. | $1,000 |
MARE NOSTRUM ELEMENTS MOVEMENT THEATER PURPOSE: UNRESTRICTED; TO SUPPORT ENDOWMENT FUND AND ACADEMIC PROGRAMS FOR DANCE AND THEATER. | $250 |
ST JOHN CHURCH PURPOSE: UNRESTRICTED; TO SUPPORT ENDOWMENT AND MAINTENANCE FUNDS. | $1,000 |