Leo And Katherine Gallagher 1-1896 Char Tr
- Assets
- $453.3k
- Revenue
- $74.7k
- Investments
- $452.8k
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 10/1971
- Data as of
- 12/2021
- EIN
- 23-7131679
Organization Overview
Leo And Katherine Gallagher 1-1896 Char Tr is located in Brooklyn, OH. The organization was established in 1971. 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. Leo And Katherine Gallagher 1-1896 Char 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 12/2021, Leo And Katherine Gallagher 1-1896 Char Tr generated $74.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $80.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Leo And Katherine Gallagher 1-1896 Char Tr has awarded 29 individual grants totaling $140,800. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,273 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,227 |
| Capital Gain Net Income | $61,227 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,241 |
| Total Revenue | $74,741 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,807 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $190 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,997 |
| Contributions, gifts, grants paid | $70,400 |
| Total expenses and disbursements | $80,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $493 |
| 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 | $452,825 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $453,318 |
| 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, Leo And Katherine Gallagher 1-1896 Char Tr has awarded $70,400 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Tacoma, WA PURPOSE: GENERAL OPERATING | $7,200 |
Tacoma, WA PURPOSE: GENERAL OPERATING | $7,200 |
SAINT MARTIN'S COLLEGE PURPOSE: GENERAL OPERATING | $5,600 |
ST LEOS CATHOLIC CHURCH PURPOSE: GENERAL OPERATING | $5,600 |
Seattle, WA PURPOSE: GENERAL OPERATING | $5,600 |
FRIENDS OF THE TAC DOMINICANS PURPOSE: GENERAL OPERATING | $4,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |