Gartner Family Foundation
- Assets
- $7.4m
- Revenue
- $831.4k
- Investments
- $7.1m
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 09/1994
- Data as of
- 12/2022
- EIN
- 42-1422699
Organization Overview
Gartner Family Foundation is located in Des Moines, IA. The organization was established in 1994. 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. Gartner 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, Gartner Family Foundation generated $831.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $668.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gartner Family Foundation has awarded 285 individual grants totaling $3,774,906. 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 |
|---|---|---|---|
Michael G Gartner Treasurer | 1 | $0 | |
Barbara M Gartner Secretary | 1 | $0 | |
Michael C Gartner President | 1 | $10,000 | |
River M Gartner Director | 1 | $10,000 | |
Michelle Gartner Director | 1 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $307,928 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $523,508 |
| Capital Gain Net Income | $523,508 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $831,436 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,711 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $47,853 |
| Contributions, gifts, grants paid | $620,520 |
| Total expenses and disbursements | $668,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363,697 |
| Savings and temporary cash investments | $0 |
| 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 | $3,268,206 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,429,440 |
| 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 | $150,000 |
| Total liabilities | $150,000 |
Grants Awarded
Over the last fiscal year, Gartner Family Foundation has awarded $620,520 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL IOWA WATERWORKS TRAIL PROJECT PURPOSE: TRAIL PROJECT | $90,000 |
DES MOINES UNIVERSITY PURPOSE: SUPPORT EDUCATION OF MEDICAL STUDENTS | $25,000 |
FRIENDS OF THE SMITHSONIAN PURPOSE: SUPPORT FOR THE SMITHSONIAN | $150 |
LAMBDA LEGAL PURPOSE: SUPPORT IN PROVIDING LEGAL REPRESENTATION TO THE LGBTQ+ COMMUNITY | $6,500 |
ORCHARD PLACE PURPOSE: WELL'S ART MURALS | $14,000 |
AMERICAN CIVIL LIBERTIES UNION OF IOWA PURPOSE: GENERAL FUND TO SUPPORT PUBLIC EDUCATION AND ADVOCACY TO ASSURE THE RIGHTS OF EVERYONE IN IOWA | $10,000 |