Friends Of The Graduate Institute Geneva Inc
- Assets
- $150.3k
- Revenue
- $18.3k
- Investments
- $82.8k
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 27-2229822
Organization Overview
Friends Of The Graduate Institute Geneva Inc is located in Charlottesville, VA. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Graduate Institute Geneva 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 12/2021, Friends Of The Graduate Institute Geneva Inc generated $18.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (54.3%) each year. All expenses for the organization totaled $24.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (45.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Lynch Director/co-Treasurer | 0.5 | $0 | |
Paul Mathieu Director/co-Treasurer | 0.5 | $0 | |
Richard Thoman Director/president/secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,400 |
| Interest on Savings | $1 |
| Dividends & Interest | $7,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$835 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,267 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $178 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $120 |
| Total operating and administrative expenses | $1,998 |
| Contributions, gifts, grants paid | $22,362 |
| Total expenses and disbursements | $24,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,478 |
| Savings and temporary cash investments | $62,000 |
| 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 | $82,786 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $150,264 |
| 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, Friends Of The Graduate Institute Geneva Inc has awarded $22,362 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE GRADUATE INSTITUTE OF INTERNATIONAL AND DEVELOPMENT STUDIES PURPOSE: IN SUPPORT OF STUDENT FELLOWSHIPS | $20,762 |
UNIVERSITY OF CALIFORNIA - BERKELEY PURPOSE: IN SUPPORT OF STUDENT FELLOWSHIPS | $1,600 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Graduate Institute Geneva Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Palm Beach & Martin Counties Inc West Palm Beach, FL PURPOSE: General Support | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
National Association Of Student Financial Aid Administrators Washington, DC | $22,189,727 | $10,008,615 |
Cobell Board Of Trustees Washington, DC | $177,171,131 | $17,842,265 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
Student Freedom Initiative Inc Washington, DC | $132,770,538 | $15,285,825 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |