Dennis And Mireille Gillings Foundation
- Assets
- $32.9k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 08/2000
- Data as of
- 12/2022
- EIN
- 56-2197561
Organization Overview
Dennis And Mireille Gillings Foundation is located in Durham, NC. The organization was established in 2000. 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. Dennis And Mireille Gillings 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, Dennis And Mireille Gillings Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dennis And Mireille Gillings Foundation has awarded 18 individual grants totaling $6,714,870. 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 |
|---|---|---|---|
Dennis Gillings President | 0 | $0 | |
Mireille Gillings Vice President | 0 | $0 | |
Carl Hellman Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,319,730 |
| Capital Gain Net Income | $1,319,730 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,319,745 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,350 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5 |
| Total operating and administrative expenses | $36,204 |
| Contributions, gifts, grants paid | $2,689,200 |
| Total expenses and disbursements | $2,725,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,902 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,902 |
| 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, Dennis And Mireille Gillings Foundation has awarded $2,689,200 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF EXETER PURPOSE: UNIVERSITY OF EXETER MEDICAL SCHOOL | $1,347,802 |
HAWAII ISLAND HUMANE SOCIETY PURPOSE: RESCUE AND ADOPT UNWANTED ANIMALS | $10,000 |
IMPACT CUBED PURPOSE: ISRAEL CULTURAL DEVELOPMENT WITHIN UNIVERSITY CAMPUS | $10,000 |
PASTEUR FOUNDATION PURPOSE: GLOBAL PUBLIC HEALTH FELLOWSHIPS | $1,000,000 |
GLOBAL GIVING PURPOSE: HELP RAISE PHILIPINA'S CHEETAH CUBS TO RELEASE | $15,000 |
THROMBOSIS RESEARCH INSTITUTE PURPOSE: RESEARCH AND TREATMENT DEVELOPMENT | $296,398 |