Gale Family Foundation

Organization Overview

Gale Family Foundation is located in Minneapolis, MN. 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. Gale 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 12/2021, Gale Family Foundation generated $676.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Gale Family Foundation has awarded 172 individual grants totaling $7,255,832. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

CASH CONTRIBUTIONS TO PUBLIC CHARITIES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $67,683
Dividends & Interest $504,327
Net Rental Income$0
Net Gain on Sale of Assets $104,704
Capital Gain Net Income $1,963,361
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $676,714

Grants Awarded

Over the last fiscal year, Gale Family Foundation has awarded $2,057,833 in support to 49 organizations.

Grant RecipientAmount

GREATER MILWAUKEE FOUNDATION

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: GENERAL UNRESTRICTED

$308,333

MINNEAPOLIS FOUNDATION--SGY DAF

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: GENERAL UNRESTRICTED

$308,000

SANTA FE COMMUNITY FOUNDATION

PURPOSE: GENERAL UNRESTRICTED

$150,000

CENTER FOR CONTEMPORARY ARTS

PURPOSE: GENERAL UNRESTRICTED

$130,000

MUSEUM OF NEW MEXICO FOUNDATION

PURPOSE: GENERAL UNRESTRICTED

$100,000

LENSIC PERFORMING ARTS CENTER

Org PageRecipient Profile

Santa Fe, NM

PURPOSE: GENERAL UNRESTRICTED

$75,000
View Grant Profile

Create an account to unlock the data you need.

or