Gummels Family Foundation Inc

Organization Overview

Gummels Family Foundation Inc is located in Panama City Beach, FL. The organization was established in 2019. 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. Gummels Family 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, Gummels Family Foundation Inc generated $233.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $95.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Gummels Family Foundation Inc has awarded 79 individual grants totaling $264,200. 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)Compensation
Kenneth Gummels
President
$0
Marilyn Gummels
Vp/sec
$0
Michael E Townsend
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $210
Dividends & Interest $56,091
Net Rental Income$0
Net Gain on Sale of Assets $88,714
Capital Gain Net Income $557
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $88,157
Total Revenue $233,172

Grants Awarded

Over the last fiscal year, Gummels Family Foundation Inc has awarded $90,000 in support to 24 organizations.

Grant RecipientAmount

HABITAT FOR HUMANITY

PURPOSE: PROVIDE SAFE & AFFORDABLE HOUSING

$5,000

PANAMA CITY SYMPHONY

PURPOSE: LIVE SYMPHONIC MUSIC TO ENGAGE

$10,000

ANCHORAGE CHIILDREN'S HOME

PURPOSE: PROVIDE SAFETY TO ABUSED & HOMELESS

$3,500

BIG BROTHERSBIG SISTERS OF NW FL

PURPOSE: NURTURE CHILDREN & STRENGTHEN COMM.

$2,500

DISABLED AMERICAN VETERANS

PURPOSE: PROVIDE SUPPORT&SERVICES TO VETERANS

$4,000

GEORGIA AGAPE INC

PURPOSE: SERVICES FOR CHILDREN AND FAMILIES

$1,000
View Grant Profile

Peer Organizations

Organization NameAssets
Audrey And Martin Gruss Foundation
West Palm Beach, FL
$7,132,178
Bernard A Egan Foundation Inc
Fort Pierce, FL
$4,537,933
Drs Kiran & Pallavi Patel Familyfoundation Inc
Tampa, FL
$94,480
Argo Family Fund
Atlanta, GA
$16,759,071
Raether 1985 Charitable Trust
West Palm Beach, FL
$28,246,620
Seaman Family Foundation Inc
Seffner, FL
$6,051,041
Lattner Family Foundation Inc
Delray Beach, FL
$9,058,097
George Jenkins Foundation Inc
Lakeland, FL
$999,750
Lucy Gooding Charitable Foundation Trust
Jacksonville, FL
$8,125,233
Wade L Layton Charitable Trust
Savannah, GA
$3,157,166
Wayne And Wendy Holman Foundation
Miami Beach, FL
$13,413,207
Spring Foundation Inc
Atlanta, GA
-$7,184,259
The Scott Hudgens Family Foundation Inc
Duluth, GA
$186,676
Lost Tree Village Charitable Foundation Inc
North Palm Beach, FL
$9,687,691
E M Lynn Foundation
Boca Raton, FL
$515,453
Skolnick Family Charitable Trust
North Miami, FL
$11,211,466
Cloverfields Foundation
Naples, FL
$43,339,492
The Leandro P Rizzuto Foundation
Boynton Beach, FL
$12,311,240
C And A Johnson Family Foundation
Palm Beach, FL
$5,562,404
George Kremer Foundation Tr
Naple, FL
$7,315,281
Victor E Clarke Charitable Foundation
Delray Beach, FL
$4,760,762
Cv Americas Inc
Miami, FL
$2,597,695
Lighthouse Of Pinellas Foundation Inc Inc
Largo, FL
$310,894
William Howard Flowers Jr
Thomasville, GA
$4,346,192
The Gift Of Hope Foundation Inc
Roswell, GA
$2,558,799

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