Gdl Foundation
- Assets
- $1.6m
- Revenue
- $21.2k
- Investments
- $1.6m
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 20-6390199
Organization Overview
Gdl Foundation is located in Greenwich, CT. The organization was established in 2006. 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. Gdl 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 12/2022, Gdl Foundation generated $21.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $119.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Gdl Foundation has awarded 29 individual grants totaling $313,250. 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 |
|---|---|---|---|
Gerald D Laubach Trustee | 0.25 | $0 | |
Stephen E Laubach Trustee | 0.25 | $0 | |
Ann M Laubach Trustee | 1.25 | $24,000 | |
Elwood B Davis Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,590 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,368 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,222 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,981 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $626 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $36,736 |
| Contributions, gifts, grants paid | $82,500 |
| Total expenses and disbursements | $119,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,150 |
| 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 | $1,615,390 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,629,540 |
| 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, Gdl Foundation has awarded $82,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
APPALACHIAN MOUNTAIN CLUB PURPOSE: UNRESTRICTED GRANT | $2,500 |
ADAM J LEWIS ACADEMY PURPOSE: UNRESTRICED GRANT | $5,000 |
CORNELL UNIVERSITY PURPOSE: UNRESTRICTED GRANT | $10,000 |
JACKSON HOLE COMMUNITY HOUSING TRUST PURPOSE: UNRESTRICTED GRANT | $5,000 |
NORTHFIELD MOUNT HERMAN SCHOOL PURPOSE: UNRESTRICTED GRANT | $22,500 |
UNIVERSITY OF ILLINOIS FOUNDATION PURPOSE: UNRESTRICTED GRANT | $2,500 |