Gigi & Averell H Mortimer Foundation is located in Harriman, NY. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Gigi & Averell H Mortimer 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 12/2021, Gigi & Averell H Mortimer Foundation generated $163.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $1.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jean M Mortimer Chairman | 0 | $0 | |
Maxwell H Mortimer Secretary | 0 | $0 | |
Averell H Mortimer President/treasurer | 0 | $0 | |
Hume R Steyer Assistant Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $178,442 |
Interest on Savings | $13 |
Dividends & Interest | $2,313 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $2,322 |
Capital Gain Net Income | $2,435 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | -$19,596 |
Total Revenue | $163,494 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $43 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $341 |
Total operating and administrative expenses | $1,884 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $1,884 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $39,452 |
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 | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $465,414 |
Accounts payable and accrued expenses | $58 |
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 | $58 |
Over the last fiscal year, Gigi & Averell H Mortimer Foundation has awarded $110,350 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Harris, NY PURPOSE: GENERAL SUPPORT | $100,000 |
NEW YORK UNIVERSITY PURPOSE: GENERAL SUPPORT | $5,000 |
San Francisco, CA PURPOSE: GENERAL SUPPORT | $2,500 |
Hartford, CT PURPOSE: GENERAL SUPPORT | $2,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $600 |
THE BONE MARROW FOUNDATION PURPOSE: GENERAL SUPPORT | $250 |
Organization Name | Assets | Revenue |
---|---|---|
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
North Central Area Agency On Aging Inc Hartford, CT | $1,856,134 | $6,505,484 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |
Loring Wolcott & Coolidge Charitable Tr - I Boston, MA | $103,000 | $4,276,644 |
Rosenkranz Foundation Inc New York, NY | $20,933,111 | $6,809,267 |
Llewellyn Family Foundation New York, NY | $59,134,047 | $5,278,479 |