Gnu Foundation is located in San Francisco, CA. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gnu 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, Gnu Foundation generated $116.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $109.4k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC CHARITY PROVIDING CAPITAL AND OTHER SUPPORT TO ORGANIZATIONS DEVOTED TO HELPING LIFT PEOPLE OUT OF POVERTY
Describe the Organization's Program Activity:
Part 3
MICROCREDIT GRANTS - WE PROVIDE OUR LOCAL GRANTING PARTNERS FUNDS TO CARRY OUT MICROCREDIT GRANTS TO PERSONS IN EXTREME POVERTY; GRANTS WERE PROVIDED TO MORE THAN 275 INDIVIDUALS DIRECTLY IMPACTING MORE THAN 1,500 FAMILY MEMBERS.
SOCIAL BUSINESS GRANTS - WE PROVIDE GRANTS TO UNDERWRITE THE COSTS OF STARTING/SUPPORTING NEW MICRO BUSINESSES TO SUPPORT OUR LOCAL PARTNERS; THESE ARE FOCUSSED ON AGRICULTURE; DAIRY; AND OTHER REGIONALLY APPLICABLE BUSINESSES. OUR LOCAL PARTNERS USE THE PROFITS FROM THESE SOCIAL BUSINESSES TO SERVICE THEIR FINANCIAL NEEDS. IN 2017, WE SUPPORTED SEVERAL DIFFERENT SOCIAL BUSINESS IN HAITI SUPPORTING 3 HURRICANE RAVAGED VILLAGES.
FAMILY EMPOWERMENT GRANTS TO MACHEO CHILDREN'S CENTER TO HELP FUND PROGRAMS THAT STRENGTHEN FAMILY UNITS WHICH IN TURN STRENGTHENS THE CHILDREN AT THE CENTER. THE GOAL IS TO ADDRESS THE ROOT CAUSES OF FAMILY ISSUES THAT INHIBIT CHILDREN'S EDUCATION AND WELLBEING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Sempere President | 15 | $0 | |
David Bagnani Board Treasurer | 5 | $0 | |
Pamela Kohlberg Board Director | 2 | $0 | |
Paul Mcdowell Board Director | 2 | $0 | |
Elizabeth Dunaier Board Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $116,178 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $116,178 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,650 |
Total expenses | $109,409 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,742 |
Other assets | $0 |
Total assets | $58,742 |
Total liabilities | $0 |
Net assets or fund balances | $58,742 |