George P White Foundation
- Assets
- $124.2k
- Revenue
- $43.0k
- Investments
- $113.6k
- Employees
- 0
- Location
- Gilberts, IL
- Founding
- 10/1957
- Data as of
- 12/2022
- EIN
- 36-6099309
Organization Overview
George P White Foundation is located in Gilberts, IL. The organization was established in 1957. 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. George P White 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 12/2022, George P White Foundation generated $43.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $44.5k during the year ending 12/2022. While expenses have increased by 7.7% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla D Walker President & | 2 | $6,000 | |
Jimmie J Walker VP & Secreta | 0.1 | $0 | |
Kimberly Walker Hasnas Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $23,580 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,448 |
| Capital Gain Net Income | $19,448 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $413 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $116 |
| Total operating and administrative expenses | $10,029 |
| Contributions, gifts, grants paid | $34,500 |
| Total expenses and disbursements | $44,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,690 |
| Savings and temporary cash investments | $434 |
| 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 | $57,394 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $500 |
| Total assets | $124,201 |
| 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, George P White Foundation has awarded $34,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ANTI-CRUELTY SOCIETY PURPOSE: PET CARE AND PROTECTION | $500 |
CHICAGO LIGHTHOUSE PURPOSE: HELPING VULNERABLE PEOPLE | $1,500 |
CHICAGO POLICE MEMORIAL FOUNDATION PURPOSE: SUPPORT FOR FAMILIES OF THE FALLEN | $2,000 |
EVARTS CONGREGATIONAL METHODIST PURPOSE: OUTREACH PROJECT | $1,500 |
FOURTH PRESBYTERIAN CHURCH PURPOSE: SUPPORT THE INCLUSIVE LOVE OF GOD | $1,000 |
GOLD COAST NEIGHBORS PURPOSE: SAFETY, PRESERVATION, BEAUTIFICATION | $2,500 |