Gale Foundation

Organization Overview

Gale Foundation is located in Richmond, TX. The organization was established in 1982. 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. Gale 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 04/2022, Gale Foundation generated $485.2k 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 (4.7%) each year. All expenses for the organization totaled $1.5m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Gale Foundation has awarded 84 individual grants totaling $6,767,500. 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

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N.A.


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Board, Officers & Key Employees

Name (title)Compensation
Edward Blum
Trustee
$37,960
Richard Fisher
Trustee
$37,959

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $350,808
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $134,389
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $134,389
Total Revenue $485,197

Grants Awarded

Over the last fiscal year, Gale Foundation has awarded $1,460,000 in support to 28 organizations.

Grant RecipientAmount

UNIV OF ALABAMA CNTR FOR NEUROLOGY

PURPOSE: RESEARCH

$250,000

MANHATTAN INSTITUTE

PURPOSE: UNRESTRICTED

$150,000

New York, NY

PURPOSE: UNRESTRICTED

$150,000

PROJECT ON FAIR REPRESENTATION

Org PageRecipient Profile

Austin, TX

PURPOSE: UNRESTRICTED

$150,000

FOUNDATION FOR CULTURAL REVIEW

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED

$150,000

FEDERALIST SOCIETY

PURPOSE: UNRESTRICTED

$150,000
View Grant Profile

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