Gw Foundation Inc

Organization Overview

Gw Foundation Inc is located in Chicago, IL. The organization was established in 1985. According to its NTEE Classification (F12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gw 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 06/2022, Gw Foundation Inc generated $9.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

G.W. FOUNDATION, INC. IS A NATIONAL, NON-PROFIT ORGANIZATION COMMITTED TO REDUCING SUBSTANCE ABUSE AND CO-OCCURRING MENTAL HEALTH PROBLEMS THROUGH EFFECTIVE AND EFFICIENT TREATMENT PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

G.W. FOUNDATION, INC. HOLDS THE INVESTMENTS, INDEBTEDNESS AND PROPERTY OF ITS TAX-EXEMPT RELATED ORGANIZATIONS. THE RELATED ENTITIES ARE 501(C)(3) ORGANIZATIONS THAT PROVIDE DRUG AND ALCOHOL PREVENTION AND REHABILITATION SERVICES THROUGH RESIDENTIAL AND OUTPATIENT PROGRAMS AND FACILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Thomas P Britton PHD
President & CEO (until 02/22)
$0
Tomas Del Rio
CFO
$0
Marc C Turner
Interim Pres. & CEO (as Of 02/22)
$0
Patricia Aitken
Chro
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$5,814,970
Investment income $1,110,680
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,789,195
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,714,845

Endowment Analysis

Beg. Balance$1,577,135
Earnings-$387,846
Net Contributions$83,414
Other Expense$250,702
Ending Balance$1,022,001

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