William J Gies Foundation For The Advancement Of Dentistry Inc is located in Washington, DC. The organization was established in 1951. 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 J Gies Foundation For The Advancement Of Dentistry 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 06/2023, William J Gies Foundation For The Advancement Of Dentistry Inc generated $198.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $171.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (19.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William J Gies Foundation For The Advancement Of Dentistry Inc has awarded 29 individual grants totaling $557,431. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE ORAL HEALTH OF THE PUBLIC BY SUPPORTING DENTAL EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WILLIAM J. GIES FOUNDATION FOR THE ADVANCEMENT OF DENTISTRY OF THE ADEA PROVIDES GRANTS TO IMPROVE THE ORAL HEALTH OF THE PUBLIC THROUGH THE SUPPORT OF DENTAL EDUCATION INSTITUTIONS; THE ENCOURAGEMENT OF LIFELONG LEARNING; AND THE RECOGNITION OF SCHOLARLY ACHIEVEMENT, PROFESSIONAL ETHICS AND VALUES, AND PUBLICATIONS IN DENTAL EDUCATION AND RESEARCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Patrick J Ferrillo Jr Chair | Trustee | 1 | $0 |
Dr Patricia Blanton Trustee | Trustee | 1 | $0 |
George E Haddad Trustee | Trustee | 1 | $0 |
Dr Hazel Harper Trustee | Trustee | 1 | $0 |
Dr Susan H Kass Trustee | Trustee | 1 | $0 |
Dr James B Machen Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $47,770 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $47,770 |
Total Program Service Revenue | $0 |
Investment income | $149,332 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $319 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $198,421 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $109,015 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $26,637 |
Fees for services: Other | $15,628 |
Advertising and promotion | $246 |
Office expenses | $715 |
Information technology | $5,053 |
Royalties | $0 |
Occupancy | $0 |
Travel | $7,923 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,759 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,505 |
Total functional expenses | $171,181 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $411,285 |
Pledges and grants receivable | $4,549 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $4,693,239 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $147,250 |
Total assets | $5,256,323 |
Accounts payable and accrued expenses | $10,001 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,772,733 |
Total liabilities | $1,782,734 |
Net assets without donor restrictions | $3,253,799 |
Net assets with donor restrictions | $219,790 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,256,323 |
Over the last fiscal year, William J Gies Foundation For The Advancement Of Dentistry Inc has awarded $96,515 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF TEXAS - HEALTH SCIENCE CENTER AT HOUSTON PURPOSE: TUITION SCHOLARSHIP | $41,000 |
BELL LEADERSHIP INSTITUTE PURPOSE: TUITION SCHOLARSHIP | $21,920 |
HOWARD UNIVERSITY PURPOSE: TUITION SCHOLARSHIP | $12,595 |
UNIVERSITY OF MISSOURI-KANSAS CITY PURPOSE: TUITION SCHOLARSHIP | $11,000 |
UNIVERSITY OF ILLINOIS FOUNDATION PURPOSE: TUITION SCHOLARSHIP | $10,000 |