Gegax Family Foundation

Organization Overview

Gegax Family Foundation is located in Detroit, MI. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Gegax 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 12/2021, Gegax Family Foundation generated $6.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $97.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

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 $7
Dividends & Interest $43,856
Net Rental Income$0
Net Gain on Sale of Assets -$37,125
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $6,738

Grants Awarded

Over the last fiscal year, Gegax Family Foundation has awarded $7,997 in support to 8 organizations.

Grant RecipientAmount

BLACK LIVES MATTER

PURPOSE: SUPPORT OF DAILY ACTIVITIES

$3,000

GIVING BACK TO AFRICA INC

Org PageRecipient Profile

Bloomington, IN

PURPOSE: SUPPORT OF DAILY ACTIVITIES

$2,000

CONGREGATION SHEARITH ISRAEL

Org PageRecipient Profile

Atlanta, GA

PURPOSE: SUPPORT OF DAILY ACTIVITIES

$1,935

BROADWAY CARES-EQUITY FIGHTS AIDS INC

Org PageRecipient Profile

New York, NY

PURPOSE: SUPPORT OF DAILY ACTIVITIES

$516

MT SOLEDAD MEMORIAL ASSOCIATION

PURPOSE: SUPPORT OF DAILY ACTIVITIES

$200

LA JOLLA COMMUNITY CENTER

Org PageRecipient Profile

La Jolla, CA

PURPOSE: SUPPORT OF DAILY ACTIVITIES

$190
View Grant Profile

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