William R Gruver Foundation
- Assets
- $4.6m
- Revenue
- $756.4k
- Investments
- $4.4m
- Employees
- 0
- Location
- Sanibel, FL
- Founding
- 08/1990
- Data as of
- 02/2024
- EIN
- 13-3531965
Organization Overview
William R Gruver Foundation is located in Sanibel, FL. The organization was established in 1990. 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. William R Gruver 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 02/2024, William R Gruver Foundation generated $756.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $283.9k during the year ending 02/2024. While expenses have increased by 5.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William R Gruver Foundation has awarded 144 individual grants totaling $1,813,762. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William R Gruver Trustee | 5 | $0 | |
Joan L Gruver Trustee | 1 | $0 | |
Barbara Jill Gruver Puleo Trustee | 1 | $0 | |
John Gruver Jr Trustee | 1 | $0 | |
Brooke Garafalo Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,560 |
| Interest on Savings | $0 |
| Dividends & Interest | $257,900 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $247,945 |
| Capital Gain Net Income | $247,945 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $756,405 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,704 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,137 |
| Total operating and administrative expenses | $22,011 |
| Contributions, gifts, grants paid | $261,856 |
| Total expenses and disbursements | $283,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $126,386 |
| 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 | $16,320 |
| Total assets | $4,578,557 |
| 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, William R Gruver Foundation has awarded $261,856 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BEREA COLLEGE PURPOSE: TO AID IN PROGRAM SERVICES | $5,000 |
CENTRAL PENNSYLVANIA SUBMARINE MEMORIAL FOUNDATION PURPOSE: TO AID IN PROGRAM SERVICES | $500 |
COMMONWEALTH FOUNDATION PURPOSE: TO AID IN PROGRAM SERVICES | $5,000 |
BOILING SPRINGS LIONS CLUB PURPOSE: TO AID IN PROGRAM SERVICES | $1,000 |
COMMUNITY COOPERATIVE PURPOSE: TO AID IN PROGRAM SERVICES | $25,000 |
CORNELL COLLEGE OF VETERINARY MEDICINE PURPOSE: TO AID IN PROGRAM SERVICES | $21,710 |