Gillespie Foundation
- Assets
- $2.9m
- Revenue
- $208.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-0319895
Organization Overview
Gillespie Foundation is located in Pasadena, CA. The organization was established in 2009. 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. Gillespie 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 12/2021, Gillespie Foundation generated $208.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $86.0k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gillespie Foundation has awarded 126 individual grants totaling $917,424. 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 |
|---|---|---|---|
Robert W Gillespie President & CEO | 4 | $0 | |
Thomas W Gillespie CFO | 1 | $0 | |
Kate Clavijo Secretary | 1 | $0 | |
Katherine D Gillespie Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $198,963 |
| 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 | $208,600 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,675 |
| Depreciation | $9,637 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $141 |
| Total operating and administrative expenses | $15,288 |
| Contributions, gifts, grants paid | $70,662 |
| Total expenses and disbursements | $85,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,118 |
| 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 | $1,244,701 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,480,624 |
| Total assets | $2,895,443 |
| 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, Gillespie Foundation has awarded $70,662 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Pasadena, CA PURPOSE: POPULATION STABILIZATION | $36,000 |
PARTNERS IN POPULATION AND DEVELOPM PURPOSE: FOR VARIOUS CHARITABLE PURPOSE | $21,619 |
VENTURE STRATEGIES PURPOSE: POPULATION STABILIZATION | $5,000 |
MIDLAND SCHOOL PURPOSE: PROMOTION OF EDUCATION ABOUT THE ENVIRONMENT | $2,000 |
BAYLOR UNIVERSITY PURPOSE: TO PROMOTE EDUCATION IN MEDICINE AND ENVIRONMENTAL SCIENCES | $2,000 |
South Burlington, VT PURPOSE: POPULATION STABILIZATION | $1,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |