Gerborg Family Foundation
- Assets
- $965.5k
- Revenue
- -$5.2k
- Investments
- $903.2k
- Employees
- 0
- Location
- Avon, OH
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 26-1597872
Organization Overview
Gerborg Family Foundation is located in Avon, OH. The organization was established in 2009. 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. Gerborg Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Gerborg Family Foundation has awarded 36 individual grants totaling $197,303. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $96 |
| Dividends & Interest | $5,087 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,426 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$5,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,458 |
| Total operating and administrative expenses | $5,549 |
| Contributions, gifts, grants paid | $50,700 |
| Total expenses and disbursements | $56,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $62,384 |
| 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 | $903,155 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $965,539 |
| 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, Gerborg Family Foundation has awarded $50,700 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AVON LAKE UNITED CHURCH OF CHRIST PURPOSE: GENERAL OPERATING EXPENSES | $10,700 |
BONITA WONDER GARDENS PURPOSE: GENERAL OPERATING EXPENSES | $2,500 |
CHALMERS ALUMNI ASSOCIATION PURPOSE: GEBERAL OPERATING EXPENSES | $5,000 |
CLEVELAND ORCHESTRA PURPOSE: GENERAL OPEREATING EXPENSES | $1,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL OPERATING EXPENSES | $2,500 |
ECHO INC PURPOSE: GENERAL OPERATING EXPENSES | $2,000 |