National Gift Annuity Foundation
- Assets
- $39.9m
- Revenue
- $10.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 02/1989
- Data as of
- 12/2021
- EIN
- 94-2833444
Organization Overview
National Gift Annuity Foundation is located in Jacksonville, FL. The organization was established in 1989. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. National Gift Annuity 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 12/2021, National Gift Annuity Foundation generated $10.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $346.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, National Gift Annuity Foundation has awarded 88 individual grants totaling $3,538,290. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NGAF IS A NATIONAL GIFT ANNUITY PROGRAM ORGANIZED AND OPERATED EXCLUSIVELY AS A TYPE I SUPPORTING ORGANIZATION TO DECHOMAI FOUNDATION, INC., EIN 26-0724606.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NGAF IS A NATIONAL GIFT ANNUITY PROGRAM ORGANIZED AND OPERATED EXCLUSIVELY AS A TYPE I SUPPORTING ORGANIZATION TO DECHOMAI FOUNDATION, INC., EIN 26-0724606.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Dyer Board President | OfficerTrustee | 1 | $0 |
Bryan Clontz Board Secretary Nonvoting | Officer | 5 | $0 |
Jeff Shields Director | Trustee | 1 | $0 |
Joseph Tombs Director | Trustee | 1 | $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 | $9,348,963 |
| Noncash contributions included in lines 1a–1f | $2,932,639 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,348,963 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $10,665,951 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $325,967 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,606 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $346,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,459,247 |
| Savings and temporary cash investments | $0 |
| 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 | $36,526,751 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $960,271 |
| Total assets | $39,946,269 |
| 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 | $27,999,995 |
| Total liabilities | $27,999,995 |
| Net assets without donor restrictions | $11,946,274 |
| 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 | $39,946,269 |
Grants Awarded
Over the last fiscal year, National Gift Annuity Foundation has awarded $1,737,659 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
La Jolla, CA PURPOSE: General Support | $555,767 |
Adrian, MI PURPOSE: General Support | $140,928 |
Hillsdale, MI PURPOSE: General Operations | $113,005 |
PURPOSE: General Support | $83,035 |
Sacramento, CA PURPOSE: General Support | $82,140 |
Vero Beach, FL PURPOSE: General Support | $79,618 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Gift Annuity Foundation has recieved totaling $129,718.
| Awarding Organization | Amount |
|---|---|
Mary Greeley Medical Center Foundation Ames, IA PURPOSE: CHARITABLE GIFT ANNUITIES | $129,718 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
The Fairholme Foundation Coral Gables, FL | $289,766,586 | $285,369 |
Nicklaus Childrens Health Care Foundation Inc North Palm Beach, FL | $45,302,726 | $13,320,876 |
Albert L Ueltschi Foundation Vero Beach, FL | $287,931,919 | $1,247,906 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Holtz Charitable Foundation Inc Orlando, FL | $5,015,513 | $2,659,459 |
Wiregrass Foundation Dothan, AL | $101,684,443 | $2,886,891 |