Adrian And Betsy Gonzalez Foundation
- Assets
- $875.1k
- Revenue
- $77.8k
- Investments
- $432.9k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 30-0682180
Organization Overview
Adrian And Betsy Gonzalez Foundation is located in Bethesda, MD. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Adrian And Betsy Gonzalez 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, Adrian And Betsy Gonzalez Foundation generated $77.8k 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 (6.6%) each year. All expenses for the organization totaled $91.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Adrian And Betsy Gonzalez Foundation has awarded 17 individual grants totaling $805,000. 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 |
|---|---|---|---|
Adrian Gonzalez Chairman | 1 | $0 | |
Betsy Gonzalez Vice Chariman | 1 | $0 | |
J Randolph Taylor Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $363 |
| Dividends & Interest | $8,043 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $69,395 |
| Capital Gain Net Income | $69,395 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $187 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,571 |
| Total operating and administrative expenses | $1,758 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $91,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $442,153 |
| 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 | $875,061 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $90,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $90,000 |
Grants Awarded
Over the last fiscal year, Adrian And Betsy Gonzalez Foundation has awarded $198,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA COMMUNITY FOUNDATION PURPOSE: HELP FUND ORGANIZATIONAL ACTIVITIES | $110,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: HELP FUND ORGANIZATIONAL ACTIVITIES | $8,000 |
SAN DIEGO FOUNDATION PURPOSE: PROVIDE GRANT TO FUND ACTIVITIES TO CARRY OUT MISSION OF HELPING CHILDREN | $80,000 |