Gore Fam Memorial Foundation Tr 3298-4
- Assets
- $20.0m
- Revenue
- $693.6k
- Investments
- $19.5m
- Employees
- 0
- Location
- Deerfield Beach, FL
- Founding
- 07/1973
- Data as of
- 12/2023
- EIN
- 59-6497544
Organization Overview
Gore Fam Memorial Foundation Tr 3298-4 is located in Deerfield Beach, FL. The organization was established in 1973. 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. Gore Fam Memorial Foundation Tr 3298-4 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 12/2023, Gore Fam Memorial Foundation Tr 3298-4 generated $693.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.2%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Gore Fam Memorial Foundation Tr 3298-4 has awarded 136 individual grants totaling $3,927,350. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurence D Gore Chairman | 8 | $12,806 | |
Christine Gore Trustee | 2 | $12,806 | |
Michael Palmer Trustee | 2 | $12,806 | |
Pamela Bringsjord Secretary | 2 | $12,806 | |
Andrew Gore Treasurer | 6 | $12,806 | |
Guy P Gore Trustee | 2 | $12,806 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Trust Company | 1/30/20 | $29,418 |
Merrill Lynch | 1/30/20 | $73,829 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $691,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,858 |
| Capital Gain Net Income | $1,858 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $693,617 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,313 |
| Other employee salaries and wages | $123,403 |
| Pension plans, employee benefits | $23,550 |
| Interest | $0 |
| Taxes | $1,279 |
| Depreciation | $280 |
| Occupancy | $4,084 |
| Travel, conferences, and meetings | $5,930 |
| Printing and publications | $0 |
| Other expenses | $6,855 |
| Total operating and administrative expenses | $386,431 |
| Contributions, gifts, grants paid | $863,500 |
| Total expenses and disbursements | $1,249,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,650 |
| Savings and temporary cash investments | $460,612 |
| 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 | $12,500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,120 |
| Other assets | $0 |
| Total assets | $19,969,272 |
| 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 | $2 |
| Total liabilities | $2 |
Grants Awarded
Over the last fiscal year, Gore Fam Memorial Foundation Tr 3298-4 has awarded $863,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
HUMANE SOCIETY OF BROWARD COUNTY PURPOSE: GENERAL SOCIETY PURPOSES | $19,500 |
HISTORY FORT LAUDERDALE PURPOSE: FUNDING TO SUPPORT EDUCATIONAL SCHOOL PROGRAMS | $11,700 |
PACE CENTER FOR GIRLS BROWARD PURPOSE: COUNSELING AND ACADEMIC DAY PROGRAM | $19,500 |
EVERGLADES ANGELS DOG RESCUE INC PURPOSE: GENERAL OPERATING FUNDS TO SUPPORT THE MISSION OF THE ORGANIZATION | $19,500 |
SEMPER FI FUND -AMERICAN FUND PURPOSE: GENERAL OPERATING FUNDS TO SUPPORT THE ORGANIZATION'S MISSION. | $19,500 |
DOLPHIN RESEARCH CENTER PURPOSE: SPECIAL NEEDS PATHWAY PROGRAM FOR THE DISABLED | $19,500 |