S Gary Spicer Sr Foundation
- Assets
- $1.1m
- Revenue
- $370.1k
- Investments
- $33.7k
- Employees
- 0
- Location
- Grosse Pointe, MI
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 38-3341391
Organization Overview
S Gary Spicer Sr Foundation is located in Grosse Pointe, MI. The organization was established in 1998. 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. S Gary Spicer Sr 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, S Gary Spicer Sr Foundation generated $370.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 47.6% each year . All expenses for the organization totaled $151.7k during the year ending 12/2022. While expenses have increased by 25.6% per year over the past 6 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 2015, S Gary Spicer Sr Foundation has awarded 266 individual grants totaling $484,221. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Trammell Treasurer | 0.5 | $1,000 | |
Linda Anderson Assistant Se | 0.5 | $500 | |
S Gary Spicer Sr President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $92,566 |
| Interest on Savings | $29 |
| Dividends & Interest | $2,888 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $274,648 |
| Capital Gain Net Income | $274,648 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $370,131 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,500 |
| Other employee salaries and wages | $500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,178 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $506 |
| Printing and publications | $0 |
| Other expenses | $6,754 |
| Total operating and administrative expenses | $31,488 |
| Contributions, gifts, grants paid | $120,243 |
| Total expenses and disbursements | $151,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $971,353 |
| Savings and temporary cash investments | $0 |
| 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 | $105,702 |
| Investments—mortgage loans | $0 |
| Investments—other | $33,690 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,110,745 |
| 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, S Gary Spicer Sr Foundation has awarded $120,243 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
Detroit, MI PURPOSE: GENERAL SUPPORT | $15,500 |
FORT STREET PRESBYTERIAN CHURCH PURPOSE: GENERAL SUPPORT | $12,100 |
Adrian, MI PURPOSE: GENERAL SUPPORT | $10,000 |
DICKSON COUNTY HIGH SCHOOL PURPOSE: E. MAYBELLE SPICER ENDOWMENT | $10,000 |
DICKSON COUNTY HIGH SCHOOL PURPOSE: CLARK SPICER ENDOWMENT | $10,000 |
DICKSON COUNTY HIGH SCHOOL PURPOSE: CARNEY NICKS ENDOWMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |
American Electric Power Foundation Columbus, OH | $61,577,266 | $10,199,855 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Dean & Barbara White Family Foundation Inc Merrillville, IN | $792,865,434 | $81,802,743 |
Wilson Sheehan Foundation Springfield, OH | $57,339,515 | $15,119,930 |