Bob & Eileen Gilman Family Foundation
- Assets
- $82.1k
- Revenue
- $11.8k
- Investments
- $74.0k
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 03-0474038
Organization Overview
Bob & Eileen Gilman Family Foundation is located in Seattle, WA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bob & Eileen Gilman Family 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, Bob & Eileen Gilman Family Foundation generated $11.8k 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 (4.3%) each year. All expenses for the organization totaled $37.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eileen Gilman Director | 2 | $0 | |
Daniel M Asher Secretary | 2 | $0 | |
Cynthia Petrie Director | 2 | $0 | |
Michael L Cohen Director | 2 | $0 | |
Jon Gilman President/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,838 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,982 |
| Capital Gain Net Income | $9,982 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,820 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $151 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $1,661 |
| Contributions, gifts, grants paid | $36,000 |
| Total expenses and disbursements | $37,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,918 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $153 |
| Total assets | $82,099 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,500 |
| 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 | $2,500 |
Grants Awarded
Over the last fiscal year, Bob & Eileen Gilman Family Foundation has awarded $32,750 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
GOD'S LOVE WE DELIVER PURPOSE: TO SUPPORT THE "FOOD MEETS: DESIGN EVENT" - $2,000 TO SUPPORT GOLDEN HEARTS - $5,000 | $7,000 |
PROJECT EATS PURPOSE: TO SUPPORT AN EXEMPT ORGANIZATION | $5,000 |
LONGHOUSE RESERVE PURPOSE: TO PROVIDE SUPPORT TO EXEMPT ORGANIZATION | $1,500 |
CENTER FOR HUMANE ECONOMY PURPOSE: TO SUPPORT AN EXEMPT ORGANIZATION | $5,000 |
COLLEGE SUCCESS FOUNDATION PURPOSE: EDUCATION - SCHOLARSHIP PROGRAM | $6,250 |
ALL FOR THE EAST END INC PURPOSE: TO SUPPORT AN EXEMPT ORGANIZATION | $500 |