Gassin Family Foundation

Organization Overview

Gassin Family Foundation is located in Glencoe, IL. The organization was established in 1990. 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. Gassin 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 05/2022, Gassin Family Foundation generated $327.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $256.4k during the year ending 05/2022. While expenses have increased by 1.7% per year over the past 7 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.

Since 2015, Gassin Family Foundation has awarded 110 individual grants totaling $1,563,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $29,463
Dividends & Interest $64,440
Net Rental Income$0
Net Gain on Sale of Assets $221,084
Capital Gain Net Income $221,083
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $12,000
Total Revenue $326,987

Grants Awarded

Over the last fiscal year, Gassin Family Foundation has awarded $229,500 in support to 29 organizations.

Grant RecipientAmount

BEACON SCHOOL PARENT ASSOCIATION

PURPOSE: CHARITABLE

$35,000

ALZHEIMER'S ASSOCIATION

PURPOSE: CHARITABLE

$30,000

FIRST PLACE ARIZONA

PURPOSE: CHARITABLE

$30,000

ASCENDIGO AUTISM SERVICE

Org PageRecipient Profile

Carbondale, CO

PURPOSE: CHARITABLE

$20,000

ASPIRE

PURPOSE: CHARITABLE

$20,000

JEWISH UNITED FUND

PURPOSE: CHARITABLE

$15,000
View Grant Profile

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