Gertrude E Skelly Charitable Foundation
- Assets
- $15.9m
- Revenue
- $310.4k
- Investments
- $15.9m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 65-6085406
Organization Overview
Gertrude E Skelly Charitable Foundation is located in Orlando, FL. The organization was established in 1992. 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. Gertrude E Skelly Charitable 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 12/2023, Gertrude E Skelly Charitable Foundation generated $310.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $658.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gertrude E Skelly Charitable Foundation has awarded 492 individual grants totaling $7,613,918. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suntrust Bank S Florida Trustee | 8 | $137,657 | |
Erik E Joh Pa Trustee | 30 | $148,436 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $91,395 |
| Dividends & Interest | $266,656 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$47,683 |
| Capital Gain Net Income | $104,476 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $310,368 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $141,026 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,748 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,776 |
| Printing and publications | $0 |
| Other expenses | $961 |
| Total operating and administrative expenses | $153,386 |
| Contributions, gifts, grants paid | $505,000 |
| Total expenses and disbursements | $658,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $212 |
| 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 | $15,944,590 |
| 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 | $3,000 |
| Total liabilities | $3,000 |
Grants Awarded
Over the last fiscal year, Gertrude E Skelly Charitable Foundation has awarded $505,000 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AUGUSTA UNIVERSITY PURPOSE: EMERGENCY FUNDS | $15,000 |
BEREA COLLEGE PURPOSE: EQUIPMENT FUND | $15,000 |
COLBY SAWYER COLLEGE PURPOSE: NURSING EDU EXPANDING ACCESS | $15,000 |
ECU COLLEGE OF NURSING PURPOSE: EMERGENCY NEEDS | $20,000 |
ROBERTS WESLEYAN PURPOSE: SCHOLARS PROGRAM | $10,000 |
LEE UNIVERSITY PURPOSE: EMERGENCY FUNDS | $15,000 |