Gerber Foundation
- Assets
- $0.0
- Revenue
- $5.3m
- Investments
- $85.7m
- Employees
- 0
- Location
- Fremont, MI
- Founding
- 05/1954
- Data as of
- 12/2020
- EIN
- 38-6068090
Organization Overview
Gerber Foundation is located in Fremont, MI. The organization was established in 1954. 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. Gerber 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 12/2020, Gerber Foundation generated $5.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. 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 |
|---|---|---|---|
Steven Poole Director | 1 | $0 | |
Barbara Ivens President | 1 | $0 | |
William Bush MD Director | 1 | $0 | |
Tracy A Baker Secretary | 1 | $0 | |
Randall Dyk MD Director | 1 | $0 | |
Fernando Flores-New V. President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,183 |
| Dividends & Interest | $44,255 |
| Profit on Inventory Sales | $0 |
| Other Income | $399,963 |
| Total Revenue | $5,291,807 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $25,859 |
| Depreciation | $514 |
| Occupancy | $18,813 |
| Travel, conferences, and meetings | $1,942 |
| Printing and publications | $738 |
| Total operating and administrative expenses | $506,061 |
| Contributions, gifts, grants paid | $2,788,181 |
| Total expenses and disbursements | $3,294,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gerber Foundation has recieved totaling $52,837.
| Awarding Organization | Amount |
|---|---|
Fremont Area Community Foundation Fremont, MI PURPOSE: Gerber Memorial Health Services Capital Improvement Fund | $52,837 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Timken Foundation Of Canton Canton, OH | $32,951,548 | $35,361,538 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Siemer Family Foundation Columbus, OH | $55,510,313 | $15,843,554 |
Orphan Foundation Of America Orph Cleveland, OH | $10,515,752 | $16,785,416 |