Gilles And Debbie Foundation
- Assets
- $575.8k
- Revenue
- $69.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Rego Park, NY
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 82-3542790
Organization Overview
Gilles And Debbie Foundation is located in Rego Park, NY. The organization was established in 2019. 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. Gilles And Debbie Foundation 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, Gilles And Debbie Foundation generated $69.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.1%) each year. All expenses for the organization totaled $195.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Gilles And Debbie Foundation has awarded 143 individual grants totaling $671,971. 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
CONTRIBUTIONS TO 29 DIFFERENT 501(C)(3) ORGANIZATIONS, LARGEST CONTRIBUTION WAS $32,921 - SCHEDULE ATTACHED
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,748 |
| Capital Gain Net Income | $55,748 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,252 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $589 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95 |
| Total operating and administrative expenses | $3,751 |
| Contributions, gifts, grants paid | $192,006 |
| Total expenses and disbursements | $195,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,516 |
| Savings and temporary cash investments | $0 |
| 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 | $573,315 |
| 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 | $575,831 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $25,193 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $25,193 |
Grants Awarded
Over the last fiscal year, Gilles And Debbie Foundation has awarded $182,721 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
YESHIVA KETANA OF WATERBURY PURPOSE: CHARITABLE CONTRIBUTION | $32,921 |
NATIONAL COMMITTEE FOR FURTHERANCE OF JEWISH EDUCATION PURPOSE: CHARITABLE CONTRIBUTION | $32,500 |
BIAS YAAKOV ACADEMY PURPOSE: CHARITABLE CONTRIBUTION | $26,760 |
SEPHARDIC JEWISH CONG & CENTER OF QUEENS PURPOSE: CHARITABLE CONTRIBUTION | $35,355 |
CONG OHEL YITCHAK PURPOSE: CHARITABLE CONTRIBUTION | $18,200 |
YESHIVAS MIR YERUSHALAYIM PURPOSE: CHARITABLE CONTRIBUTION | $12,500 |