Gwyneths Gift Foundation Inc
- Assets
- $218.2k
- Revenue
- $466.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Fredericksburg, VA
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 47-4428397
Organization Overview
Gwyneths Gift Foundation Inc is located in Fredericksburg, VA. The organization was established in 2015. 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, Gwyneths Gift Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gwyneths Gift 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 12/2022, Gwyneths Gift Foundation Inc generated $466.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $433.4k during the year ending 12/2022. 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
GWYNETH'S GIFT FOUNDATION IS DEVOTED TO MAKING A DIFFERENCE IN THE COMMUNITY AND THE LIVES OF THOSE WITHIN. OUR PURPOSE IS TO RAISE COMMUNITY AND NATIONAL AWARENESS AND EDUCATION OF CARDIO PULMONARY RESUSCITATION (CPR) AND AUTOMATED EXTERNAL DEFIBRILLATORS (AED) AND TO ENCOURAGE CONTINUED RESEARCH AND DEVELOPMENT IN THE MEDICAL AREAS OF CONGENITAL HEART DEFECTS, PEDIATRIC NEUROLOGY AND TRAUMATIC BRAIN INJURIES. THE FOUNDATION WAS ESTABLISHED TO HONOR THE LIFE OF GWYNETH MORGAN GRIFFIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AEDS- WE PURCHASED AND DEPLOYED 21 AUTOMATED EXTERNAL DEFIBRILLATORS (AED) THROUGH OUR FOUNDATION. AEDS WERE DONATED TO LOCATIONS THAT SERVE LARGE NUMBERS OF INDIVIDUALS WHICH INCLUDED CIVIC ORGANIZATIONS, A DANCE STUDIO, A PARK, HIGH NEEDS, LOCAL COMMUNITY, NONPROFITS, CHURCHES, AND BUSINESSES.
CPR TRAINING- WE TRAINED 4,811 CITIZENS IN HANDS-ONLY CPR AT OUR HANDS-ONLY TRAINING EVENTS. THESE FREE TO THE PUBLIC EVENTS FOCUSED ON CPR AWARENESS AND ENGAGING THOSE UNFAMILIAR WITH CPR AND THE PROPER USE OF AN AUTOMATED EXTERNAL DEFIBRILLATOR (AED).
SCHOLARSHIPS- GWYNETH'S GIFT FOUNDATION AWARDED FOUR $2,500 SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS FOR THEIR HIGHER EDUCATION PURSUITS. THE SCHOLARSHIPS WERE AWARDED TO SENIORS AT MOUNTAIN VIEW HIGH SCHOOL AND NORTH STAFFORD HIGH SCHOOL. MOUNTAIN VIEW IS THE SCHOOL FROM WHICH GWYNETH WOULD HAVE GRADUATED IN 2017. THESE SCHOLARSHIPS WERE GIVEN IN HER HONOR. THE NUMBER AND AMOUNT OF SCHOLARSHIPS AWARDED WAS BASED ON AVAILABLE FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Griffin President | OfficerTrustee | 0.5 | $0 |
Joel Griffin Chairman | OfficerTrustee | 2.5 | $0 |
Scot Ebron Treasurer | OfficerTrustee | 0.5 | $0 |
John Hales Executive Committee | OfficerTrustee | 2.25 | $0 |
Randy Sparks Secretary | OfficerTrustee | 0.5 | $0 |
Russ Watson Executive Committee | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $42,508 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $393,597 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $436,105 |
| Total Program Service Revenue | $0 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $25,852 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $466,148 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $227,273 |
| Pension plan accruals and contributions | $5,884 |
| Other employee benefits | $24,627 |
| Payroll taxes | $17,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,386 |
| Advertising and promotion | $2,428 |
| Office expenses | $7,121 |
| Information technology | $11,408 |
| Royalties | $0 |
| Occupancy | $79,088 |
| Travel | $44 |
| 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 | $0 |
| Insurance | $3,790 |
| All other expenses | $812 |
| Total functional expenses | $433,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,245 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $218,245 |
| 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 | $218,245 |
| 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 | $218,245 |