Veterans Memorial & Support Foundation Of Los Gatos is located in Los Gatos, CA. The organization was established in 2013. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Memorial & Support Foundation Of Los Gatos 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 06/2022, Veterans Memorial & Support Foundation Of Los Gatos generated $268.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $73.3k during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE LIVES OF VETERANS, SERVICE MEMBERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEVEN YEARS AFTER IT WAS CONCEPTUALLY DEVELOPED, THE FLAME OF LIBERTY WAS UNVEILED ON SATURDAY, JUNE 15, 2019, HONORING THE MEN AND WOMEN WHO FIGHT TO PROTECT THE UNITED STATES AND DIED DEFENDING OUR COUNTRY. GENERATIONS WILL BE ABLE TO VISIT THE MEMORIAL TO REMEMBER THOSE WHO HAVE SACRAFICED OF THEMSELVES TO KEEP OUR COUNTRY SAFE, AND TO HAVE THE FREEDOMS THAT WE ARE ABLE TO ENJOY TODAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Major General Kent Hillhouse President | Trustee | 7 | $0 |
George Hall Vice President | Trustee | 10 | $0 |
Stan Weitzman Secretary | Trustee | 7 | $0 |
Natalya Lyukevich Treasurer | Trustee | 5 | $0 |
Diane Chandler Board Member | Trustee | 5 | $0 |
Chuck Swan Board Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $12,200 |
Related organizations | $0 |
Government grants | $15,000 |
All other contributions, gifts, grants, and similar amounts not included above | $240,288 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $267,488 |
Total Program Service Revenue | $0 |
Investment income | $536 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $268,024 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $1,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,182 |
Information technology | $1,248 |
Royalties | $0 |
Occupancy | $5,747 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $9,584 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $33,540 |
Insurance | $1,333 |
All other expenses | $0 |
Total functional expenses | $73,309 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $85,447 |
Savings and temporary cash investments | $8,771 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $1,243,453 |
Investments—publicly traded securities | $0 |
Investments—other securities | $6,131 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,343,802 |
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 | $375,504 |
Other liabilities | $0 |
Total liabilities | $375,504 |
Net assets without donor restrictions | $967,698 |
Net assets with donor restrictions | $600 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,343,802 |
Over the last fiscal year, we have identified 2 grants that Veterans Memorial & Support Foundation Of Los Gatos has recieved totaling $30,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $20,000 |
Credit Unions In The State Of California Sunnyvale, CA PURPOSE: NON-PROFIT ORGANIZATION ESTABLISHED TO FUND IN PERPETUITY, SUPPORT FOR THE NEEDS OF ACTIVE SERVICE MEMBERS, VETERANS AND THEIR FAMILIES; TO EDUCATE THE COMMUNITY ON THE SACRIFICES BORNE BY THOSE WHO PROTECT AMERICA'S FREEDOM; ERECT A WORLD CLASS MEMORIAL IN THE HEART OF SILICON VALLEY THAT DELIVERS HONOR, RESPECT, GRATITUDE AND HEALING TO THE ACTIVE MILITARY SERVICE MEMBERS, VETERANS, FIRST RESPONDERS AND TWO 9/11 HEROES WHO ATTEMPTED TO TAKE BACK COCKPIT CONTROL FROM TERRORIST HIJACKERS. | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Marines Memorial Association San Francisco, CA | $13,712,707 | $12,603,653 |
Oregon Historical Society Portland, OR | $38,558,644 | $10,926,580 |
Ntc Foundation San Diego, CA | $54,489,877 | $9,435,197 |
Pacific Historic Parks Aiea, HI | $16,680,796 | $4,440,631 |
Hobart Preservation Foundation San Francisco, CA | $24,942,337 | $3,593,927 |
Friends Of Iolani Palace Honolulu, HI | $1,651,460 | $3,141,450 |
Los Angeles Conservancy Los Angeles, CA | $8,280,807 | $3,801,748 |
Fox Tucson Theatre Foundation Tucson, AZ | $11,879,318 | $4,013,342 |
St Paul Rodeo Association St Paul, OR | $6,514,474 | $3,236,482 |
Shapell Manuscript Foundation Los Angeles, CA | $1,711,574 | $1,663,093 |
Prescott Frontier Days Inc Prescott, AZ | $1,824,378 | $1,478,402 |
Gamble House Conservancy Pasadena, CA | $12,495,280 | $2,319,965 |