Florence J Gillmor Foundation
- Assets
- $46.6m
- Revenue
- $1.9m
- Investments
- $42.0m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 04/1991
- Data as of
- 12/2022
- EIN
- 87-0483666
Organization Overview
Florence J Gillmor Foundation is located in Salt Lake City, UT. The organization was established in 1991. 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. Florence J Gillmor 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 12/2022, Florence J Gillmor Foundation generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $4.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Florence J Gillmor Foundation has awarded 91 individual grants totaling $15,171,526. 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 M Graham Director | 1 | $20,000 | |
Raymond J Etcheverry President / Director | 5 | $20,000 | |
Francis M Wikstrom Vice President / Director | 1 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,259 |
| Dividends & Interest | $1,001,131 |
| Net Rental Income | $303,321 |
| Net Gain on Sale of Assets | $600,310 |
| Capital Gain Net Income | $600,310 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,906,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $22,594 |
| Taxes | $123,000 |
| Depreciation | $46,091 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $418,943 |
| Total operating and administrative expenses | $807,658 |
| Contributions, gifts, grants paid | $3,950,000 |
| Total expenses and disbursements | $4,757,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,800 |
| Savings and temporary cash investments | $994,958 |
| 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 | $1,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $3,540,219 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,192,525 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $46,630,005 |
| 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, Florence J Gillmor Foundation has awarded $3,950,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN INDIAN SERVICES PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $20,000 |
AND JUSTICE FOR ALL PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $1,450,000 |
ASSISTANCE LEAGUE OF SLC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $50,000 |
BALLET WEST PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $75,000 |
BOYS & GIRLS CLUB OF SLC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $100,000 |
FOURTH STREET CLINIC PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $200,000 |