Gilbert Education Foundation Inc
- Assets
- $239.6k
- Revenue
- $214.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Gilbert, AZ
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 86-1023126
Organization Overview
Gilbert Education Foundation Inc is located in Gilbert, AZ. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gilbert Education 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 12/2021, Gilbert Education Foundation Inc generated $214.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $193.1k during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GILBERT EDUCATION FOUNDATION IS TO ENRICH, SUPPORT AND PROMOTE INNOVATION FOR THE STUDENTS AND TEACHERS OF THE GILBERT SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION/ENRICHMENT: FUND DISTRICT-WIDE ENRICHMENT OPPORTUNITIES TO INCLUDE EMPLOYEE OF THE YEAR ANNUAL EVENT, CAMPUS PROGRAMS SUCH AS THERAPY DOGS, SPECIAL EVENTS, CLASSROOM SPECIALTY FURNITURE AND SUPPLIES AND ADDITIONAL INNOVATIVE LEARNING OPPORTUNITIES FOR GPS STUDENTS THAT MIGHT NOT OTHERWISE BE AVAILABLE TO THEM.
INNOVATION GRANTS: TO HELP ALLEVIATE THE DISTRICT BUDGET CONSTRAINTS, WE FUND EDUCATORS GRANTS UP TO $1,500 TO FUND INNOVATIVE TECHNOLOGY AND EQUIPMENT, SPECIALIZED CURRICULUMS, PROGRAMS, AND ENRICHMENT THAT IMPACT AS MANY STUDENTS AS POSSIBLE.
SCHOLARSHIP PROGRAM: EACH SPRING THE FOUNDATION AWARDS HIGH SCHOOL SENIORS COLLEGE SHCOLARSHIPS AND EDUCATORS FUNDING FOR THEIR PROFESSIONAL DEVELOPMENT. GEF RAISES MONEY TO FUND SCHOLARSHIPS IN ADDITION TO MANAGING DONOR SCHOLARSHIPS. ONE OF THE MOST LONG-LASTING LEGACIES AN INDIVIDUAL OR ORGANIZATION CAN LEAVE IS THE GIFT OF EDUCATION AND OPPORTUNITY. THROUGH OUR SCHOLARSHIP PROGRAM, WE CAN SET UP A SPECIAL SCHOLARSHIP BEARING A CORPORATE NAME OR IN HONOR/MEMORY OF A SPECIAL PERSON OR SPECIFIC ORGANIZATION AND HANDLE THE PROCESSING OF THE SCHOLARSHIP DEPENDING ON THE DONORS WISHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Mcalevy Director | Trustee | 2 | $0 |
Lori Gauna Directorpresident | Trustee | 5 | $0 |
Jill Humphery Board Member | Trustee | 2 | $0 |
Cynthia Rosenberg Board Member | Trustee | 5 | $0 |
Karen Kahn Directortreasurer | Trustee | 5 | $0 |
Shane M Mccord Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,865 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,865 |
| Total Program Service Revenue | $0 |
| Investment income | $6,888 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $214,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $99,292 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $768 |
| Fees for services: Other | $10,167 |
| Advertising and promotion | $0 |
| Office expenses | $1,297 |
| Information technology | $4,006 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $193,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,090 |
| Savings and temporary cash investments | $79,086 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $63,471 |
| Total assets | $239,647 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $239,647 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $239,647 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Gilbert Education Foundation Inc has recieved totaling $48,851.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $37,844 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,741 |
Mckesson Foundation Dallas, TX PURPOSE: CHARITABLE | $140 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $126 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |