Gouverneur Foundation Inc
- Assets
- $1.7m
- Revenue
- $137.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- Gouverneur, NY
- Founding
- 04/1969
- Data as of
- 06/2022
- EIN
- 14-6048653
Organization Overview
Gouverneur Foundation Inc is located in Gouverneur, NY. The organization was established in 1969. 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. Gouverneur 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 06/2022, Gouverneur Foundation Inc generated $137.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $159.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gouverneur Foundation Inc has awarded 445 individual grants totaling $832,628. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL SCHOLARSHIPS TO INDIVIDUALS ATTENDING COLLEGES AND PAY THE RELATED ADMINISTRATIVE EXPENSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren French President | 0 | $0 | |
Martin Hassett Vice Preside | 0 | $0 | |
Michelle Hassett Secretary | 0 | $0 | |
Melissa Besaw Treasurer | 0 | $0 | |
Jeremy Bartholomew Member | 0 | $0 | |
Jayne Carbone Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,390 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,458 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$718 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $431 |
| Total Revenue | $137,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $139 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $467 |
| Total operating and administrative expenses | $18,601 |
| Contributions, gifts, grants paid | $141,344 |
| Total expenses and disbursements | $159,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,815 |
| 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 | $824,686 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,716,876 |
| Accounts payable and accrued expenses | $3,287 |
| 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 | $3,287 |
Grants Awarded
Over the last fiscal year, Gouverneur Foundation Inc has awarded $141,344 in support to 86 organizations.
| Grant Recipient | Amount |
|---|---|
ABIGAIL RIUTTA PURPOSE: EDUCATION | $1,000 |
ABIGAIL PAROW PURPOSE: EDUCATION | $2,000 |
ARIANA ZELLER PURPOSE: EDUCATION | $705 |
ALEXIS DEVLIN PURPOSE: EDUCATION | $889 |
ASHLEE FLOOD PURPOSE: EDUCATION | $885 |
BRITTANY RICHARDSON PURPOSE: EDUCATION | $5,000 |