Gordon Christian Trust
- Assets
- $67.2m
- Revenue
- $18.4m
- Investments
- $317.0k
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 38-2596725
Organization Overview
Gordon Christian Trust is located in Grand Rapids, MI. The organization was established in 1985. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Gordon Christian Trust 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, Gordon Christian Trust generated $18.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $5.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gordon Christian Trust has awarded 552 individual grants totaling $82,725,129. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TYPE I SUPPORTING ORGANIZATION TO GULL LAKE MINISTRIES. CONTRIBUTIONS MADE TO ORGANIZATIONS EXEMPT UNDER 501(C)(3) AND 509(A)(1) AT THE DISCRETION OF GULL LAKE MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3) AND SECTION 509(A)(1) WHICH ARE CLOSELY RELATED IN PURPOSE OR FUNCTION TO GULL LAKE MINISTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Williams Top Financial Official | OfficerTrustee | 0 | $0 |
Max Smith Top Management Official | OfficerTrustee | 0 | $0 |
James D Gordon Trustee | Trustee | 0 | $0 |
Neil Nyberg Trustee | Trustee | 0 | $0 |
James Dekryter Trustee | Trustee | 0 | $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 | $18,000,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,000,000 |
| Total Program Service Revenue | $0 |
| Investment income | $361,943 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,139 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,378,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,615,000 |
| 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 | $104,915 |
| 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 | $5,719,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,898,214 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $378,570 |
| 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 | $64,613,657 |
| Investments—other securities | $317,041 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $67,207,482 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $10,856,403 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $56,351,079 |
| Total liabilities and net assets/fund balances | $67,207,482 |
Grants Awarded
Over the last fiscal year, Gordon Christian Trust has awarded $16,902,666 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Alpharetta, GA PURPOSE: GENERAL SUPPORT | $6,581,000 |
Alpharetta, GA PURPOSE: GENERAL SUPPORT | $6,581,000 |
Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $1,000,000 |
Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $1,000,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $333,333 |
Washington, DC PURPOSE: GENERAL SUPPORT | $333,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mary G Stange Charitable Trust Ann Arbor, MI | $495,498 | $4,941,394 |
William F Vilas Estate Oregon, WI | $133,759,429 | $14,905,447 |
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
Stanita Foundation Greenwood, IN | $37,315,806 | $4,060,296 |
College Properties Of Lorain County Inc Oberlin, OH | $42,105,647 | $1,116,823 |
Ethel And James Flinn Foundation Detroit, MI | $60,556,693 | $4,592,274 |
Andrew Squire Testamentary Tr Brooklyn, OH | $55,206,125 | $2,759,650 |