Christopher B Galvin Family Foundation
- Assets
- $15.3m
- Revenue
- $576.0k
- Investments
- $14.2m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 55-0887504
Organization Overview
Christopher B Galvin Family Foundation is located in West Palm Beach, FL. The organization was established in 2007. 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. Christopher B Galvin 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, Christopher B Galvin Family Foundation generated $576.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $435.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Christopher B Galvin Family Foundation has awarded 149 individual grants totaling $12,490,323. 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 |
|---|---|---|---|
Christopher B Galvin Trustee | 0 | $0 | |
Cynthia Galvin Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $61,133 |
| Dividends & Interest | $100,061 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,998 |
| Capital Gain Net Income | $62,998 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $351,836 |
| Total Revenue | $576,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,326 |
| Taxes | $30,926 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $397,299 |
| Total operating and administrative expenses | $434,971 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $434,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,097,487 |
| 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 | $14,229,956 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,327,443 |
| 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, Christopher B Galvin Family Foundation has awarded $100,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ACCELERATE INSTITUTE PURPOSE: PUBLIC CHARITY | $2,500 |
BONEFISH AND TARPON TRUST PURPOSE: PUBLIC CHARITY | $25,000 |
COLLEGIATE DIRECTIONS INC PURPOSE: PUBLIC CHARITY | $5,000 |
CURRIKI PURPOSE: PUBLIC CHARITY | $10,000 |
GILDA'S CLUB CHICAGO PURPOSE: PUBLIC CHARITY | $2,500 |
ONE ACRE FUND PURPOSE: PUBLIC CHARITY | $2,500 |