The James P Gills Foundation Inc
- Assets
- $6.5m
- Revenue
- $374.0k
- Investments
- $5.9m
- Employees
- 0
- Location
- Tarpon Springs, FL
- Founding
- 08/1988
- Data as of
- 12/2023
- 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 12/2023, James P Gills Foundation Inc generated $374.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $3.1m during the year ending 12/2023. While expenses have increased by 13.2% per year over the past 8 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.
Since 2015, James P Gills Foundation Inc has awarded 234 individual grants totaling $6,382,278. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES LOVE PRESS MINISTRY 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, 2023, THE TOTAL COST FOR PRINTING AND SHIPPING THE BOOKS WAS 27,729. ADMINISTRATIVE EXPENSES WERE 330,613 MAKING THE TOTAL EXPENSE OF THE ACTIVITY 358,342.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lew Friedland Vice Pres | 0.25 | $0 | |
T Shea Grundy President | 0.25 | $0 | |
Gary Carter Secretary | 0.25 | $0 | |
Gary Saling Treasurer | 0.25 | $0 | |
Margaret Gills Director | 0.25 | $0 | |
James P Gills III Vice Pres | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $48,249 |
| Dividends & Interest | $86,120 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $238,305 |
| Capital Gain Net Income | $238,305 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,320 |
| Total Revenue | $373,994 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $80,953 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,787 |
| Depreciation | $454 |
| Occupancy | $24,579 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $216,911 |
| Other expenses | $36,116 |
| Total operating and administrative expenses | $374,375 |
| Contributions, gifts, grants paid | $2,689,640 |
| Total expenses and disbursements | $3,064,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $668,984 |
| 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 | $183 |
| Net Land, buildings, and equipment | $12,787 |
| Other assets | $2,100 |
| Total assets | $6,542,233 |
| 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 $2,689,640 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
ACTS FOUNDATION PURPOSE: MINISTRY | $8,600 |
BILL WOLFF MINISTRIES INC PURPOSE: MINISTRY | $1,200 |
BREAKTHROUGH INTERCESSORS PURPOSE: MINISTRY | $1,200 |
FREE GRACE CHURCH PURPOSE: MINISTRY | $12,000 |
FRESH START MINISTRIES PURPOSE: MINISTRY | $2,400 |
GALCOM INTERNATIONAL USA INC PURPOSE: MINISTRY | $2,400 |