Garber Automotive Foundation
- Assets
- $12.7m
- Revenue
- -$2.1m
- Investments
- $12.7m
- Employees
- 0
- Location
- Saginaw, MI
- Founding
- Data as of
- 12/2022
- EIN
- 87-1321085
Organization Overview
Garber Automotive Foundation is located in Saginaw, MI. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garber Automotive 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 2022, Garber Automotive Foundation has awarded 11 individual grants totaling $562,912. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Garber Jr President | 0 | $0 | |
Patrick Hengesbach Secretary/treasurer | 0 | $0 | |
Ty Mier Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $281,035 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,416,610 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$2,135,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,276 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $114,496 |
| Contributions, gifts, grants paid | $562,912 |
| Total expenses and disbursements | $677,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,461,247 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,734,466 |
| 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, Garber Automotive Foundation has awarded $562,912 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP FISH TALES PURPOSE: CHARITABLE | $20,000 |
CANCER SERVICES PURPOSE: CHARITABLE | $15,000 |
COVENANT HEALTHCARE FOUNDATION PURPOSE: CHARITABLE | $50,000 |
GREATER MIDLAND COMMUNITY CENTER PURPOSE: CHARITABLE | $250,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: CHARITABLE | $35,412 |
RELEASED TO REIGN PURPOSE: CHARITABLE | $12,500 |