Gaius Foundation Inc
- Assets
- $1.7m
- Revenue
- $33.0k
- Investments
- $433.6k
- Employees
- 0
- Location
- Bar Harbor, ME
- Founding
- 09/2001
- Data as of
- 12/2023
- EIN
- 22-3801217
Organization Overview
Gaius Foundation Inc is located in Bar Harbor, ME. The organization was established in 2001. 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. Gaius Foundation Inc 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 12/2023, Gaius Foundation Inc generated $33.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $117.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gaius Foundation Inc has awarded 145 individual grants totaling $961,101. 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 |
|---|---|---|---|
Barbara Ambielli President | 0.5 | $0 | |
Karen Fuller Trustee | 0.5 | $0 | |
John F Ambielli Trustee | 0.5 | $0 | |
Laura A Swisher Vice President | 0.5 | $0 | |
Lynn A Rampacek Trustee | 0.5 | $0 | |
Sharon A Dubuc Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,621 |
| Dividends & Interest | $19,332 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,953 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $80 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $420 |
| Total operating and administrative expenses | $500 |
| Contributions, gifts, grants paid | $117,066 |
| Total expenses and disbursements | $117,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,575 |
| Savings and temporary cash investments | $444,816 |
| 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 | $798,003 |
| Investments—mortgage loans | $0 |
| Investments—other | $433,596 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,689,990 |
| 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, Gaius Foundation Inc has awarded $117,066 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ACADIA WILDLIFE CENTER PURPOSE: GENERAL SUPPORT | $4,000 |
BEACH FOOD PANTRY PURPOSE: GENERAL SUPPORT | $4,000 |
BELOVED ASHEVILLE PURPOSE: GENERAL SUPPORT | $6,500 |
CHRISTIAN EDUCATION LEAGUE PURPOSE: GENERAL SUPPORT | $20,000 |
COVENANT CHURCH OF NAPLES PURPOSE: GENERAL SUPPORT | $4,000 |
FOCUS ON THE FAMILY PURPOSE: GENERAL SUPPORT | $12,183 |