The Peggy And John Garson Family Foundation
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $1.5m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 05/2000
- Data as of
- 06/2022
- EIN
- 34-1916905
Organization Overview
The Peggy And John Garson Family Foundation is located in Cleveland, OH. The organization was established in 2000. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Peggy And John Garson 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.
For the year ending 06/2022, Peggy And John Garson Family Foundation generated $1.1m in total revenue. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 84.3% per year over the past 5 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 2018, Peggy And John Garson Family Foundation has awarded 28 individual grants totaling $3,149,600. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FURTHER THE CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND ("FEDERATION")
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO 501(C)(3) ORGANIZATIONS MADE TO SUPPORT THE CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND ("FEDERATION")
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Reis Treasurer | Officer | 0.2 | $0 |
Kari Blumenthal Assistant Treasurer | Officer | 0.2 | $0 |
Hedy P Milgrom Secretary | Officer | 0.2 | $0 |
John D Garson Trustee & President | OfficerTrustee | 0.3 | $0 |
Peggy Garson Trustee & VP | OfficerTrustee | 0.3 | $0 |
Scott Garson Vice President Thru 10/17/2021 | Officer | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,022,381 |
| Noncash contributions included in lines 1a–1f | $1,022,381 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,022,381 |
| Total Program Service Revenue | $0 |
| Investment income | $6,623 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $96,858 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,125,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,753,350 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,758,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,476,290 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,476,290 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,050,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,050,000 |
| Net assets without donor restrictions | $426,290 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,476,290 |
Grants Awarded
Over the last fiscal year, The Peggy And John Garson Family Foundation has awarded $1,733,100 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR JEWISH CULTURE AND CREATIVITY PURPOSE: PRODUCTION OF "UNSPOKEN" | $25,000 |
CASE WESTERN RESERVE UNIVERSITY PURPOSE: FAMILY CANCER GENETIC DISCOVERY RESEARCH PROGRAM | $1,000,000 |
HFLA OF NORTHEAST OHIO PURPOSE: CO-SIGNING FUND | $15,000 |
HUMMINGBIRD PROJECT PURPOSE: CLEVELAND SEED BANK | $10,000 |
BUILDING HOPE IN THE CITY PURPOSE: HOUSING COORDINATOR | $50,000 |
JEWISH FEDERATION OF CLEVELAND PURPOSE: CLEVELAND ISRAEL ARTS CONNECTION/COMMUNITY SECURITY INITIATIVE/UKRAINE EMERGENCY FUND | $40,000 |