The Gere Foundation
- Assets
- $3.0m
- Revenue
- $176.9k
- Investments
- $3.0m
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 08/1991
- Data as of
- 12/2023
- EIN
- 95-4305828
Organization Overview
The Gere Foundation is located in New Canaan, CT. 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. Gere 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, Gere Foundation generated $176.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $209.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gere Foundation has awarded 152 individual grants totaling $2,011,801. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard T Gere President | 0 | $0 | |
Barry Hirsch Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $87,500 |
| Interest on Savings | $12 |
| Dividends & Interest | $89,338 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $66 |
| Total Revenue | $176,916 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,352 |
| Printing and publications | $0 |
| Other expenses | $7,080 |
| Total operating and administrative expenses | $20,247 |
| Contributions, gifts, grants paid | $189,061 |
| Total expenses and disbursements | $209,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,346 |
| Savings and temporary cash investments | $2,988 |
| 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 | $3,040,013 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $500 |
| Total assets | $3,048,847 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $303,400 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $478 |
| Total liabilities | $303,878 |
Grants Awarded
Over the last fiscal year, The Gere Foundation has awarded $189,061 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL CAMPAIGN FOR TIBET PURPOSE: WORKS TO PROMOTE HUMAN RIGHTS AND DEMOCRATIC FREEDOMS FOR THE PEOPLE OF TIBET | $50,000 |
HELSINKI FOUNDATION PURPOSE: TO PROMOTE HUMAN RIGHTS AS INDISPENSABLE FOR THE FUNCTIONING OF THE STATE AND TO STRENGTHEN RESPECT FOR THOSE RIGHTS IN THE SOCIETY. | $10,000 |
KARUNA-SHECHEN PURPOSE: INTERNATIONAL NON-PROFIT ORGANIZATION WHICH PROVIDES HEALTH CARE, EDUCATION, COMMUNITY DEVELOPMENT AND WOMEN EMPOWERMENT SERVICES IN INDIA, NEPAL AND TIBET | $10,000 |
TULKU URGYEN RINPOCHE TREKCHO TEACHINGS COLLATION PURPOSE: GENERAL PURPOSES | $10,800 |
PUNDARIKA FOUNDATION PURPOSE: TEACHING STUDENTS WORLDWIDE ABOUT THE INNERMOST NATURE OF MIND IN THE TIBETAN BUDDHIST TRADITION. RINPOCHE IS ONE OF THOSE RARE TEACHERS WHOSE LIGHTHEARTED, YET ILLUMINATING STYLE APPEALS TO BOTH BEGINNERS AND ADVANCED PRACTITIONERS ALIKE. | $800 |
LEGACY PHILANTHROPY WORKS PURPOSE: HELP COMMUNITIES ENVISION THEIR DESIRED FUTURE AND FIGURE OUT HOW TO GET THERE | $50,000 |