Gore Fam Memorial Foundation Tr 3298-4
- Assets
- $21.6m
- Revenue
- $1.5m
- Investments
- $20.2m
- Employees
- 0
- Location
- Ft Lauderdale, FL
- Founding
- 07/1973
- Data as of
- 12/2021
- EIN
- 59-6497544
Organization Overview
Gore Fam Memorial Foundation Tr 3298-4 is located in Ft Lauderdale, FL. The organization was established in 1973. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Gore Fam Memorial Foundation Tr 3298-4 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, Gore Fam Memorial Foundation Tr 3298-4 generated $1.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 9.5% 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.
Since 2020, Gore Fam Memorial Foundation Tr 3298-4 has awarded 75 individual grants totaling $1,895,855. 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.
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 |
|---|---|---|---|
Pamela Bringsjord Secretary | 2 | $11,183 | |
Andrew Gore Treasurer | 4 | $11,183 | |
Laurence D Gore Chairman | 5 | $11,183 | |
Barbara P Kohl Vice Chairman | 2 | $11,183 | |
Guy P Gore Trustee | 2 | $11,183 | |
Paul A Gore Jr Trustee | 2 | $11,183 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Merrill Lynch | 1/30/20 | $73,829 |
Northern Trust Company | 1/30/20 | $29,418 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $530,061 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,006,500 |
| Capital Gain Net Income | $1,008,833 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,536,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $89,462 |
| Other employee salaries and wages | $105,275 |
| Pension plans, employee benefits | $26,868 |
| Interest | $0 |
| Taxes | $12,855 |
| Depreciation | $1,193 |
| Occupancy | $20,089 |
| Travel, conferences, and meetings | $90 |
| Printing and publications | $0 |
| Other expenses | $21,501 |
| Total operating and administrative expenses | $432,016 |
| Contributions, gifts, grants paid | $1,018,065 |
| Total expenses and disbursements | $1,450,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,877 |
| Savings and temporary cash investments | $1,230,242 |
| 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 | $12,500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,044 |
| Other assets | $0 |
| Total assets | $21,639,248 |
| 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, Gore Fam Memorial Foundation Tr 3298-4 has awarded $1,018,065 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: GENERAL FOUNDATION PURPOSE | $60,700 |
LIGHTHOUSE OF BROWARD COUNTY PURPOSE: SUPPORT FOR THE BRIGHT BEGINNINGS-EARLY INTERVENTION PROGRAM | $51,075 |
Ft Lauderdale, FL PURPOSE: SUPPORT FOR ONE 3 YEAR OLD CLASS PROGRAM | $51,075 |
BOYS AND GIRLS CLUB OF BROWARD COUNTY PURPOSE: SUPPORT FOR THE YOUTH EDUCATION SUCCESS (YES) PROGRAM | $51,075 |
HABITAT FOR HUMANITY OF BROWARD INC PURPOSE: KEY TO ECONOMIC PROSPERITY HOME OWNERSHIP PROGRAM | $51,075 |
Sunrise, FL PURPOSE: SUPPORT FOR WORK OF ARC IN WORKING WITH PEOPLE WITH DISABILITIES | $51,075 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |
Audrey And Martin Gruss Foundation West Palm Beach, FL | $0 | $7,573,459 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
St2 Foundation Inc Sunny Isles Beach, FL | $11,092,190 | $2,139,284 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |