James P & Ruth C Gillroy Foundation Inc
- Assets
- $1.1m
- Revenue
- $68.8k
- Investments
- $1.0m
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 02/1972
- Data as of
- 05/2023
- EIN
- 23-7129473
Organization Overview
James P & Ruth C Gillroy Foundation Inc is located in White Plains, NY. The organization was established in 1972. 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. James P & Ruth C Gillroy 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 05/2023, James P & Ruth C Gillroy Foundation Inc generated $68.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $97.4k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, James P & Ruth C Gillroy Foundation Inc has awarded 131 individual grants totaling $338,741. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS FOR EDUCATIONAL EXPENSES (SEE GRANT EXPLANATION AND LIST OF GRANTS ATTACHED.)
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 |
|---|---|---|---|
Joseph J Reilly Ttee | 10 | $3,000 | |
Kathryn G Hobbins Ttee | 10 | $6,000 | |
Edmund C Grainger III Ttee | 10 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,167 |
| Interest on Savings | $15 |
| Dividends & Interest | $68,507 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$877 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,812 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $215 |
| Total operating and administrative expenses | $28,965 |
| Contributions, gifts, grants paid | $68,480 |
| Total expenses and disbursements | $97,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,489 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,099,486 |
| 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, James P & Ruth C Gillroy Foundation Inc has awarded $68,480 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
HARTWICK COLLEGE PURPOSE: SCHOLARSHIP | $4,500 |
UNIVERSITY OF CHICAGO PURPOSE: SCHOLARSHIP | $13,980 |
UNITED NEGRO COLLEGE PURPOSE: SCHOLARSHIP | $2,000 |
BABSON COLLEGE PURPOSE: SCHOLARSHIP | $2,000 |
UNIVERSITY OF JAMESTOWN PURPOSE: SCHOLARSHIP | $4,500 |
WAGNER COLLEGE PURPOSE: SCHOLARSHIP | $2,000 |