Laurence C Gaebe Family Foundation Inc
- Assets
- $337.3k
- Revenue
- $4.6k
- Investments
- $322.8k
- Employees
- 0
- Location
- Avila Beach, CA
- Founding
- 06/1997
- Data as of
- 12/2023
- EIN
- 77-0440553
Organization Overview
Laurence C Gaebe Family Foundation Inc is located in Avila Beach, CA. The organization was established in 1997. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Laurence C Gaebe Family Foundation Inc 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, Laurence C Gaebe Family Foundation Inc generated $4.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $26.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Laurence C Gaebe Family Foundation Inc has awarded 31 individual grants totaling $228,309. 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
NONOPERATING PRIVATE FOUNDATION MADE CHARITABLE CONTRIBUTIONS OF $20,000 TO OTHER CHARITABLE ORGANIZATIONS DURING THE YEAR. SEE PART XV FOR DETAILS OF DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurence R Gaebe CFO | 0.5 | $0 | |
Michael Hall Secretary | 0.5 | $0 | |
Anne E Gaebe Hall CEO | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,854 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,286 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,568 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37 |
| Total operating and administrative expenses | $6,532 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $26,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,622 |
| Savings and temporary cash investments | $9,840 |
| 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 | $322,795 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $337,257 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Laurence C Gaebe Family Foundation Inc has awarded $24,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CUESTA COLLEGE FOUNDATION PURPOSE: EDUCATIONAL ASSISTANCE | $12,000 |
TRANSITIONS MENTAL HEALTH PURPOSE: PUBLIC WELFARE | $12,000 |