Gaspare Family Foundation
- Assets
- $1.1m
- Revenue
- $7.1k
- Investments
- $599.1k
- Employees
- 0
- Location
- Solana Beach, CA
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 33-0732872
Organization Overview
Gaspare Family Foundation is located in Solana Beach, CA. The organization was established in 1996. 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. Gaspare Family 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, Gaspare Family Foundation generated $7.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 49.8% each year . All expenses for the organization totaled $26.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gaspare Family Foundation has awarded 26 individual grants totaling $429,600. 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 |
|---|---|---|---|
Mirna Gaspare President | 0.5 | $0 | |
Martin Gaspare Vice President & CFO | 0.5 | $0 | |
Keirstin Gaspare Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,630 |
| Dividends & Interest | $474 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,104 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $1,301 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $26,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,858 |
| Savings and temporary cash investments | $438,025 |
| 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 | $1,104,959 |
| 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, Gaspare Family Foundation has awarded $25,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST BRIGID PARISH PURPOSE: ASSISTANCE WITH COMMUNITY NEEDS | $5,000 |
DIOCESE OF WHEELING-CHARLESTON PURPOSE: ANNUAL CATHOLIC APPEAL | $5,000 |
SCRIPPS HEALTH FOUNDATION PURPOSE: MEDICAL RESEARCH | $10,000 |
SMILE TRAIN PURPOSE: MEDICAL ASSISTANCE | $5,000 |