The Cameron K Gallagher Foundation is located in Richmond, VA. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Cameron K Gallagher Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cameron K Gallagher 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, Cameron K Gallagher Foundation generated $476.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $508.5k during the year ending 12/2022. While expenses have increased by 11.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO FULFILL CAMERON'S DREAM AND LEGACY BY BEING A POSITIVE FORCE THAT WORKS TO CULTIVATE AWARENESS AND UNDERSTANDING OF TEENAGE DEPRESSION AND ANXIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FULFILL CAMERON'S DREAM AND LEGACY BY BEING A POSITIVE FORCE THAT WORKS TO CULTIVATE AWARENESS AND UNDERSTANDING OF TEENAGE DEPRESSION AND ANXIETY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Gallagher Board Chairman | OfficerTrustee | 1 | $0 |
Sandy Wiggins Secretary | OfficerTrustee | 1 | $0 |
Ty Crone Treasurer | OfficerTrustee | 1 | $0 |
Darrell Jervey Director | Trustee | 1 | $0 |
Patrick Sanderson Director | Trustee | 1 | $0 |
Matthew Bitsko Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $199,479 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $210,399 |
Noncash contributions included in lines 1a–1f | $20,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $409,878 |
Total Program Service Revenue | $0 |
Investment income | $55 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $66,169 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $476,102 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $80,946 |
Compensation of current officers, directors, key employees. | $16,189 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $207,298 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $24,207 |
Payroll taxes | $22,630 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $63 |
Advertising and promotion | $15,684 |
Office expenses | $15,900 |
Information technology | $5,264 |
Royalties | $0 |
Occupancy | $39,463 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,517 |
Insurance | $3,311 |
All other expenses | $26,261 |
Total functional expenses | $508,469 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $647,274 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $17,742 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $665,016 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $665,016 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $665,016 |
Over the last fiscal year, The Cameron K Gallagher Foundation has awarded $61,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
CRISIS CENTER OF TAMPA BAY PURPOSE: To assist people who are in crisis situations with mental health support. | $9,000 |
VCUMCV FOUNDATION PURPOSE: To assist people who are in crisis situations with mental health support. | $50,000 |
TN VOICES FOR CHILDREN PURPOSE: To assist people who are in crisis situations with mental health support. | $2,000 |