Gateway Foundation Tr
- Assets
- $89.5m
- Revenue
- $9.1m
- Investments
- $58.7m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 11/2004
- Data as of
- 10/2022
- 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 10/2022, Gateway Foundation Tr generated $9.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.2% each year . All expenses for the organization totaled $3.2m during the year ending 10/2022. While expenses have increased by 4.1% per year over the past 3 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 2020, Gateway Foundation Tr has awarded 120 individual grants totaling $22,620,539. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSURANCE AND MAINTENANCE OF SCULPTURES ON PUBLIC DISPLAY
INSTALLATION COSTS RELATING TO SCULPTURES PLACED ON PUBLIC DISPLAY
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 |
|---|---|---|---|
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 | |
Jennifer Sweet Administrator - Resigned January 2023 | 40 | $20,769 | |
Lisa Melandri Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $918,418 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,757,867 |
| Capital Gain Net Income | $7,511,480 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $401,541 |
| Total Revenue | $9,077,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $64,499 |
| Pension plans, employee benefits | $49,463 |
| Interest | $29,814 |
| Taxes | $83,102 |
| Depreciation | $7,242 |
| Occupancy | $49,671 |
| Travel, conferences, and meetings | $65 |
| Printing and publications | $1,547 |
| Other expenses | $841,164 |
| Total operating and administrative expenses | $1,393,585 |
| Contributions, gifts, grants paid | $1,853,172 |
| Total expenses and disbursements | $3,246,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,661 |
| Savings and temporary cash investments | $4,622,616 |
| 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 | $58,739,849 |
| Net Land, buildings, and equipment | $13,769 |
| Other assets | $26,116,505 |
| Total assets | $89,513,233 |
| 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 | $864 |
| Total liabilities | $3,000,864 |
Grants Awarded
Over the last fiscal year, Gateway Foundation Tr has awarded $10,183,880 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER OF CREATIVE ARTS (COCA) PURPOSE: INTELLIGENT LIGHTING SYSTEM | $50,000 |
CHARITABLE CONTRIBUTION PASSTHROUGH FROM FOUNDATION PARTNERS FUND LLC PURPOSE: VARIOUS PURPOSES | $302 |
CINEMA ST LOUIS PURPOSE: ARTIST AWARD PROGRAM CINEMA AT CITYGARDEN | $5,000 |
CITY OF ST LOUIS PURPOSE: CIVIL COURTS BUILDING LIGHTING | $3,393 |
CITY OF ST LOUIS PURPOSE: MAINTENANCE OF CITYGARDEN | $1,525,617 |
CITY OF ST LOUIS PURPOSE: CITYGARDEN 9TH STREET PLAZA | $649,150 |