Gateway Foundation Tr
- Assets
- $83.7m
- Revenue
- $2.4m
- Investments
- $54.4m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 11/2004
- Data as of
- 10/2021
- EIN
- 20-6294706
Organization Overview
Gateway Foundation Tr is located in St Louis, MO. 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. Gateway Foundation Tr 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 10/2021, Gateway Foundation Tr generated $2.4m 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 (58.6%) each year. All expenses for the organization totaled $3.3m during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Gateway Foundation Tr has awarded 53 individual grants totaling $8,308,442. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
INSURANCE AND MAINTENANCE OF SCULPTURES ON PUBLIC DISPLAY
INSTALLATION COSTS RELATING TO SCULPTURES PLACED ON PUBLIC DISPLAY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Sweet Administrator | 40 | $91,000 | |
Susan Rava Sec/treas/tte | 0 | $0 | |
Matthew Fischer President/trustee | 0 | $0 | |
Michael Fischer Vice-President/trustee | 0 | $0 | |
Martha Fischer Trustee | 0 | $0 | |
Howard Jones Trustee - Resigned July 2021 | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $847,889 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,584,190 |
| Capital Gain Net Income | $1,441,937 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $44 |
| Other Income | -$64,871 |
| Total Revenue | $2,367,252 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $91,000 |
| Other employee salaries and wages | $53,000 |
| Pension plans, employee benefits | $46,900 |
| Interest | $54,451 |
| Taxes | $58,814 |
| Depreciation | $7,672 |
| Occupancy | $50,726 |
| Travel, conferences, and meetings | $488 |
| Printing and publications | $2,017 |
| Other expenses | $930,124 |
| Total operating and administrative expenses | $1,502,176 |
| Contributions, gifts, grants paid | $1,785,081 |
| Total expenses and disbursements | $3,287,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,496 |
| Savings and temporary cash investments | $3,512,628 |
| 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 | $3,833 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $54,441,286 |
| Net Land, buildings, and equipment | $21,011 |
| Other assets | $25,684,633 |
| Total assets | $83,681,887 |
| 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 | $3,000,000 |
| Other liabilities | $587 |
| Total liabilities | $3,000,587 |
Grants Awarded
Over the last fiscal year, Gateway Foundation Tr has awarded $4,360,231 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF ST LOUIS PURPOSE: MAINTENANCE OF CITYGARDEN | $1,000,000 |
CITY OF ST LOUIS PURPOSE: MAINTENANCE OF CITYGARDEN | $950,154 |
CITY OF ST LOUIS PURPOSE: CITYGARDEN LIGHT RAIL/9TH STREET PLAZA | $600,000 |
CITY OF ST LOUIS PURPOSE: ST LOUIS CITY HALL EXTERIOR ILLUMINATION | $397,142 |
CITY OF ST LOUIS PURPOSE: ST LOUIS CITY HALL EXTERIOR ILLUMINATION | $265,725 |
St Louis, MO PURPOSE: FUNDING OF 3 ARTIST AWARDS, EXHIBITION AND ADMINISTRATIVE EXPENSES | $175,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Joseph W Craft Iii Foundation Tulsa, OK | $111,776,138 | $19,434,208 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Saul Zaentz Charitable Foundation Glenview, IL | $31,204,978 | $8,995,660 |
The John And Kathleen Schreiber Foundation Lake Forest, IL | $89,899,268 | $85,376,815 |