The James P Gills Foundation Inc
- Assets
- $10.9m
- Revenue
- $207.9k
- Investments
- $5.7m
- Employees
- 0
- Location
- Tarpon Springs, FL
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 59-2871396
Organization Overview
The James P Gills Foundation Inc is located in Tarpon Springs, FL. The organization was established in 1988. 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. James P Gills 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 12/2021, James P Gills Foundation Inc generated $207.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $687.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, James P Gills Foundation Inc has awarded 155 individual grants totaling $1,902,238. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES LOVE PRESS PUBLICATIONS WHICH PUBLISHES CHRISTIAN MINISTRY BOOKS WRITTEN BY DR. JAMES P. GILLS. THE BOOKS ARE DISTRIBUTED FREE OF CHARGE TO PRISONS, JAILS, CHURCHES AND OTHER MINISTRIES. FOR THE PERIOD ENDED DECEMBER 31, 2021, THE TOTAL COST FOR PRINTING AND SHIPPING THE BOOKS WAS 62,296. ADMINISTRATIVE EXPENSES WERE 305,550 MAKING THE TOTAL EXPENSE OF THE ACTIVITY 367,846.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Carter Secretary | 0 | $0 | |
Margaret Gills Director | 0 | $0 | |
T Shea Grundy President | 0 | $0 | |
James P Gills III Vice Pres | 0 | $0 | |
Gary Saling Treasurer | 0 | $0 | |
Lew Friedland Vice Pres | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,110 |
| Interest on Savings | $2,841 |
| Dividends & Interest | $75,163 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $125,749 |
| Capital Gain Net Income | $125,749 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,057 |
| Total Revenue | $207,920 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $76,960 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $453 |
| Occupancy | $23,534 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $192,663 |
| Other expenses | $75,320 |
| Total operating and administrative expenses | $375,087 |
| Contributions, gifts, grants paid | $312,200 |
| Total expenses and disbursements | $687,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$5 |
| Savings and temporary cash investments | $5,148,666 |
| 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 | $539 |
| Net Land, buildings, and equipment | $13,696 |
| Other assets | $2,671 |
| Total assets | $10,870,478 |
| 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, The James P Gills Foundation Inc has awarded $312,200 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA PURPOSE: YOUTH ACTIVITIES | $250,000 |
FREE GRACE CHURCH PURPOSE: MINISTRY | $12,800 |
NEW HARVEST MISSION PURPOSE: MINISTRY | $12,000 |
SRL PURPOSE: MINISTRY | $12,000 |
ACTS FOUNDATION PURPOSE: MINISTRY | $3,600 |
AFRICA OUTREACH INC PURPOSE: MINISTRY | $2,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |