Gilbertson Family Foundation
- Assets
- $295.1k
- Revenue
- $0.0
- Investments
- $72.0k
- Employees
- 0
- Location
- Des Moines, WA
- Founding
- Data as of
- 12/2017
- EIN
- 76-0720974
Organization Overview
Gilbertson Family Foundation is located in Des Moines, WA.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE PURPOSE OF THE ORGANIZATION IS TO MAKE GIFTS AND CONTRIBUTIONS TO ORGANIZATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC OR RELIGIOUS PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James G Gilbertson Pres & Treas | 1 | $0 | |
Loanna Gilbertson VP & Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,525 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $13,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,457 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,213 |
| 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 | $458 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $72,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $295,128 |
| 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, Gilbertson Family Foundation has awarded $12,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA COLLEGE PURPOSE: DONATION FOR SCHOLARSHIP | $2,000 |
CHURCH OF CHRIST PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
HARDING UNIVERSITY PURPOSE: DONATION FOR SCHOLARSHIP | $2,000 |
INSTITUTE FOR CREATION RESEARCH PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
ST JUDE CHILDREN'S HOSPITAL PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
WORLD CHALLENGE PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |