Kenneth P Gifford Foundation
- Assets
- $556.4k
- Revenue
- $20.2k
- Investments
- $526.5k
- Employees
- 0
- Location
- El Paso, TX
- Founding
- 08/1979
- Data as of
- 12/2022
- EIN
- 74-1977400
Organization Overview
Kenneth P Gifford Foundation is located in El Paso, TX. The organization was established in 1979. 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. Kenneth P Gifford 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, Kenneth P Gifford Foundation generated $20.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $34.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Kenneth P Gifford Foundation has awarded 24 individual grants totaling $150,446. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $48,665 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,416 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,249 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,192 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,753 |
| Total operating and administrative expenses | $18,745 |
| Contributions, gifts, grants paid | $15,948 |
| Total expenses and disbursements | $34,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,323 |
| 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 | $284,266 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,582 |
| Total assets | $556,367 |
| Accounts payable and accrued expenses | $33,671 |
| 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 | $33,671 |
Grants Awarded
Over the last fiscal year, Kenneth P Gifford Foundation has awarded $15,948 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EL PASO CHILD GUIDANCE CENTER PURPOSE: CHARITABLE GENERAL SUPPORT | $1,000 |
EL PASO COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP DONATIONS | $2,500 |
CHILD PROTECTIVE SERVICES PURPOSE: CHARITABLE GENERAL SUPPORT | $2,298 |
UNIVERSITY MEDICAL CENTER OF EL PAS PURPOSE: CHARITABLE GENERAL SUPPORT | $10,000 |
YMCA-WESTSIDE FAMILY PURPOSE: CHASRITABLE GENERAL SUPPORT | $150 |