Robert T Galkin Foundation
- Assets
- $1.4m
- Revenue
- $836.3k
- Investments
- $1.2m
- Employees
- 0
- Location
- East Providence, RI
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 81-1548245
Organization Overview
Robert T Galkin Foundation is located in East Providence, RI. The organization was established in 2017. 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. Robert T Galkin Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Robert T Galkin Foundation has awarded 37 individual grants totaling $396,925. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert T Galkin President/treasurer | 0 | $0 | |
Steven Rosenbaum Secretary | 0 | $0 | |
Kenneth J Andsager Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,731 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $707,585 |
| Capital Gain Net Income | $707,585 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $836,316 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $454 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $266 |
| Total operating and administrative expenses | $875 |
| Contributions, gifts, grants paid | $138,550 |
| Total expenses and disbursements | $139,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $195,287 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,357,387 |
| 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, Robert T Galkin Foundation has awarded $138,550 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
UKRAINE FUNDRAISER (NATEC PRODUCTS FUNDRAISER) PURPOSE: TO SUPPORT ORGANIZATION | $10,000 |
MIRIAM HOSPITAL PURPOSE: TO SUPPORT ORGANIZATION | $15,000 |
MISCELLANEOUS PURPOSE: TO SUPPORT VARIOUS NON PROFIT AGENCIES IN THE COMMUNITY | $1,450 |
RI FOUNDATION PURPOSE: TO SUPPORT FOUNDATION | $30,000 |
WHEELCHAIRS FOR WARRIORS PURPOSE: TO SUPPORT ORGANIZATIONTO SUPPORT ORGANIZATION | $15,000 |
ST JUDES CHILDRENS HOSPITAL PURPOSE: TO SUPPORT ORGANIZATION | $15,000 |