Givio Charitable Foundation
- Assets
- $54.2k
- Revenue
- $129.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-3955325
Organization Overview
Givio Charitable Foundation is located in Reston, VA. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Givio Charitable 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, Givio Charitable Foundation generated $129.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $125.6k during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM THE GIVING EXPERIENCE IN ORDER TO BENEFIT EVERY PERSON, NONPROFIT, AND COMMUNITY IN NEED OF SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DONOR ADVISED FUND RECEIVED MORE THAN 500 DONATIONS AND DISBURSED GRANTS TO MORE THAN 100 US NONPROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Carr Ceo, Treasurer | OfficerTrustee | 5 | $0 |
Satinderpal Singh Chairman, Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,324 |
| Noncash contributions included in lines 1a–1f | $17 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,324 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $129,324 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,785 |
| 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 | $10,934 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,813 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,943 |
| Advertising and promotion | $779 |
| Office expenses | $158 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,684 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $780 |
| All other expenses | $0 |
| Total functional expenses | $125,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,305 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,869 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $54,174 |
| Accounts payable and accrued expenses | $41,180 |
| 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 | $16,388 |
| Secured mortgages and notes payable | $16,448 |
| Unsecured mortgages and notes payable | $290 |
| Other liabilities | $0 |
| Total liabilities | $74,306 |
| Net assets without donor restrictions | -$20,132 |
| Net assets with donor restrictions | $0 |
| 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 | $54,174 |
Grants Awarded
Over the last fiscal year, Givio Charitable Foundation has awarded $54,078 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
East Point, GA PURPOSE: GENERAL SUPPORT | $14,210 |
Leesburg, VA PURPOSE: GENERAL SUPPORT | $12,240 |
Tacoma, WA PURPOSE: GENERAL SUPPORT | $7,678 |
Tulsa, OK PURPOSE: GENERAL SUPPORT | $7,126 |
Fairfax, VA PURPOSE: GENERAL SUPPORT | $6,685 |
PATHWAY HOMES PURPOSE: GENERAL SUPPORT | $6,139 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Charitable Ashburn, VA | $209,799,923 | $22,185,205 |
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
The Forum For Youth Investment Washington, DC | $9,053,543 | $7,540,773 |
Hope For The Warriors Springfield, VA | $4,615,443 | $8,207,781 |
Mba Open Doors Foundation Washington, DC | $6,951,188 | $5,196,301 |
Spookstock Foundation Leesburg, VA | $1,341,695 | $5,091,159 |
The Methuselah Foundation Springfield, VA | $18,792,317 | $14,799,805 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Farm Journal Agricultural Foundation Washington, DC | $815,504 | $1,711,147 |
Yellow Ribbon Fund Inc Bethesda, MD | $1,996,496 | $3,055,184 |