Galkin Private Foundation
- Assets
- $0.0
- Revenue
- $17.7k
- Investments
- $0.0
- Employees
- 0
- Location
- West Warwick, RI
- Founding
- Data as of
- 12/2018
- EIN
- 05-0494243
Organization Overview
Galkin Private Foundation is located in West Warwick, RI.
For the year ending 12/2018, Galkin Private Foundation generated $17.7k 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 (56.6%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert T Galkin President | 0 | $0 | |
Warren B Galkin Treasurer | 0 | $0 | |
Steven Rosenbaum Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $103 |
| Dividends & Interest | $14,615 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,119 |
| Capital Gain Net Income | $2,119 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $881 |
| Total Revenue | $17,718 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $299 |
| Total operating and administrative expenses | $299 |
| Contributions, gifts, grants paid | $2,465,849 |
| Total expenses and disbursements | $2,466,148 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Galkin Private Foundation has awarded $2,465,849 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF WARWICK WARWICK RI PURPOSE: TO SUPPORT CLUB | $15,600 |
MISCELLANEOUS ORGANIZATIONS PURPOSE: TO SUPPORT VARIOUS NON PROFIT AGENCIES IN THE COMMUNITY.TO SUPPORT LOCAL ORGANIZATIONS | $12,750 |
ROBERT T GALKIN FOUNDATION PURPOSE: TO SUPPORT ORGANIZATION | $1,233,775 |
WARREN B GALKIN FOUNDATION PURPOSE: TO SUPPORT ORGANIZATION | $1,189,258 |
JUDICIAL WATCH PURPOSE: TO SUPPORT ORGANIZATION | $4,000 |
STATE POLICY NETWORK PURPOSE: TO SUPPORT ORGANIZATION | $2,000 |