Gehl Foundation Inc
- Assets
- $442.8k
- Revenue
- $15.9k
- Investments
- $426.1k
- Employees
- 0
- Location
- West Bend, WI
- Founding
- 05/1965
- Data as of
- 12/2022
- EIN
- 39-1039217
Organization Overview
Gehl Foundation Inc is located in West Bend, WI. The organization was established in 1965. 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. Gehl Foundation Inc 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, Gehl Foundation Inc generated $15.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $36.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Gehl Foundation Inc has awarded 39 individual grants totaling $100,143. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
POST HIGH SCHOOL SCHOLARSHIP PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Zimbal Treasurer | 0.25 | $0 | |
Franck Buisard President | 0.25 | $0 | |
Ilmars Nartish Vice President | 0.25 | $0 | |
Samantha Fredelake Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $42 |
| Dividends & Interest | $12,694 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,161 |
| Capital Gain Net Income | $3,161 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,897 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $954 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $346 |
| Total operating and administrative expenses | $6,123 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $36,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,919 |
| Savings and temporary cash investments | $11,728 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $442,784 |
| 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, Gehl Foundation Inc has awarded $30,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BRODEN WANNER PURPOSE: SCHOLARSHIP FOR POST-HIGH SCHOOL EDUCATION | $2,500 |
ANNA KISKUNAS PURPOSE: SCHOLARSHIP FOR POST-HIGH SCHOOL EDUCATION | $5,000 |
AVA CROW PURPOSE: SCHOLARSHIP FOR POST-HIGH SCHOOL EDUCATION | $5,000 |
EMILY STOCKWELL PURPOSE: SCHOLARSHIP FOR POST-HIGH SCHOOL EDUCATION | $5,000 |
CALLIE FRANTZEN PURPOSE: SCHOLARSHIP FOR POST-HIGH SCHOOL EDUCATION | $2,500 |
REBECCA URSO PURPOSE: SCHOLARSHIP FOR POST-HIGH SCHOOL EDUCATION | $1,000 |