Gemunder Family Foundation Inc
- Assets
- $21.5m
- Revenue
- $1.0m
- Investments
- $21.2m
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 45-4015653
Organization Overview
Gemunder Family Foundation Inc is located in Tampa, FL. The organization was established in 2013. 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. Gemunder Family Foundation Inc 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, Gemunder Family Foundation Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 60.0% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Gemunder Family Foundation Inc has awarded 62 individual grants totaling $4,887,052. 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 |
|---|---|---|---|
Name Not Listed CEO | 1 | $0 | |
Name Not Listed Executive Director | 30 | $262,746 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ernst & Young Us Llp | 12/30/22 | $120,110 |
Wells Fargo Bank Na | 12/30/22 | $110,943 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35,931 |
| Dividends & Interest | $507,499 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $420,820 |
| Capital Gain Net Income | $408,065 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,865 |
| Total Revenue | $1,000,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $191,958 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $134,386 |
| Interest | $0 |
| Taxes | $7,120 |
| Depreciation | $0 |
| Occupancy | $9,214 |
| Travel, conferences, and meetings | $798 |
| Printing and publications | $0 |
| Other expenses | $246 |
| Total operating and administrative expenses | $502,929 |
| Contributions, gifts, grants paid | $1,232,200 |
| Total expenses and disbursements | $1,735,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,732 |
| Savings and temporary cash investments | $300,806 |
| 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 | $4,857,234 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,494,565 |
| 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, Gemunder Family Foundation Inc has awarded $1,175,852 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
EFRAT - CRIB PURPOSE: GENERAL SUPPORT | $50,000 |
ISAAC M WISE TEMPLE PURPOSE: GENERAL SUPPORT | $10,000 |
THE JEWISH FEDERATION OF CINCINNATI PURPOSE: GENERAL SUPPORT | $3,500 |
CHICAGO CHESED FUND INC PURPOSE: GENERAL SUPPORT | $5,000 |
JEWISH INSTITUTE FOR NATIONAL SECURITY AFFAIRS PURPOSE: PREPAYMENT OF ENTIRETY OF 2023 PLEDGE FOR JINSA GEMUNDER CENTER FOR DEFENSE AND STRATEGY | $400,000 |
JEWISH INSTITUTE FOR NATIONAL SECURITY AFFAIRS PURPOSE: SUPPORT FOR SOLDIERS' FUND | $1,000 |