Griffiths Foundation
- Assets
- $1.3m
- Revenue
- $210.8k
- Investments
- $1.2m
- Employees
- 0
- Location
- Cave Creek, AZ
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 27-4199242
Organization Overview
Griffiths Foundation is located in Cave Creek, AZ. The organization was established in 2011. 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. Griffiths 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, Griffiths Foundation generated $210.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $39.1k during the year ending 12/2021. While expenses have increased by 17.7% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO GATHERING PLACE TO SUPPORT ACTIVITIES FOR THEDISABLED.
GRANT TO THE SALVATION ARMY TO HELP THE POOR AND NEEDYWITH FOOD, CLOTHING, AND OTHER NECESSITIES.
GRANT TO HEARTBEAT FOR WOUNDED WARRIORS TO SUPPORTWOUNDED AND DISABLED VETERANS.
GRANT TO BIG BROTHERS BIG SISTERS TO SUPPORT THE SOCIALDEVELOPMENT AND MENTORSHIP OF CHILDREN AND TEENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary S Saleba Director | 0.25 | $0 | |
Andrew Fortier Director | 0.25 | $0 | |
Jackie King Treasurer | 0.25 | $0 | |
David Griffiths President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $950 |
| Dividends & Interest | $25,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $184,722 |
| Capital Gain Net Income | $184,722 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $210,774 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,323 |
| Contributions, gifts, grants paid | $24,801 |
| Total expenses and disbursements | $39,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $99,766 |
| 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 | $1,291,800 |
| 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, Griffiths Foundation has awarded $24,801 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HEARTBEAT FOR WOUNDED WARRIORS PURPOSE: WOUNDED VETERAN SUPPORT | $7,000 |
BIG BROTHERS BIG SISTERS PURPOSE: CHILDREN MENTORSHIP AND SUPPORT | $7,000 |
THE SALVATION ARMY PURPOSE: COMMUNITY SUPPORT | $7,000 |
CAVE CREEK MUSEUM PURPOSE: OPERATING SUPPORT | $2,000 |
Port Hadlock, WA PURPOSE: CANCER PATIENT AND FAMILY SUPPORT | $1,801 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |