The Peter And Patricia Gruber Foundation is located in Flintstone, GA. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peter And Patricia Gruber 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, Peter And Patricia Gruber Foundation generated $44.0k 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 (51.2%) each year. All expenses for the organization totaled $34.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (79.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Peter And Patricia Gruber Foundation has awarded 35 individual grants totaling $3,351,708. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia M Gruber President | 0.5 | $0 | |
Amy Sarah Hreha Vp,treas,sec | 0.5 | $0 | |
Benjamin Waring Partridge Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $659 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $35,815 |
Capital Gain Net Income | $35,815 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $7,572 |
Total Revenue | $44,046 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,736 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $329 |
Printing and publications | $0 |
Other expenses | $5,401 |
Total operating and administrative expenses | $20,193 |
Contributions, gifts, grants paid | $14,508 |
Total expenses and disbursements | $34,701 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $106,912 |
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 | $2,018 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $6,488 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $115,418 |
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 | $491 |
Total liabilities | $491 |
Over the last fiscal year, The Peter And Patricia Gruber Foundation has awarded $14,508 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
UNITED JAZZ FOUNDATION PURPOSE: TO PROMOTE A SUMMER MUSIC PROGRAM FOR VI YOUTH | $10,000 |
COMMUNITY FOUNDATION OF THE VI PURPOSE: TO SUPPORT INSTITUTIONS AND PROGRAMS TO ENHANCE EDUCATION, PHYSICAL, SOCIAL, CULTURAL, ENVIRONMENTAL WELL -BEING OF VIRGIN ISLANDERS | $4,508 |