Gateway Foundation Inc is located in Brattleboro, VT. The organization was established in 1987. 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. Gateway 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 06/2024, Gateway Foundation Inc generated $19.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $19.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
COLLEGE SCHOLARSHIP AWARDS BASED ON INDEPENDENT SELECTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tammy Purcell Director | 0.1 | $0 | |
John Meyer Director | 0.1 | $0 | |
William Vermouth Treasurer | 0.1 | $0 | |
George Anthes Secretary | 0.1 | $0 | |
John Mabie Director | 0.1 | $0 | |
Roger Albee Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,532 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $10,278 |
Gain or Loss | $6 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $19,816 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,479 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,100 |
Total expenses | $19,579 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $423,633 |
Other assets | $0 |
Total assets | $423,633 |
Total liabilities | $20,300 |
Net assets or fund balances | $403,333 |