Gary O Galiher Foundation Inc
- Assets
- $8.8m
- Revenue
- $1.7m
- Investments
- $8.0m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-0898248
Organization Overview
Gary O Galiher Foundation Inc is located in Honolulu, HI. The organization was established in 2016. 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. Gary O Galiher 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 12/2021, Gary O Galiher Foundation Inc generated $1.7m in total revenue. All expenses for the organization totaled $576.8k during the year ending 12/2021. While expenses have increased by 146.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Gary O Galiher Foundation Inc has awarded 15 individual grants totaling $1,621,053. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Monica President | 5 | $8,730 | |
Debra Sakata Secretary/ Treasurer | 5 | $5,802 | |
Willis Choy Vice President | 5 | $3,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,100,000 |
| Interest on Savings | $25,498 |
| Dividends & Interest | $125,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $447,261 |
| Capital Gain Net Income | $447,261 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,428 |
| Total Revenue | $1,712,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,132 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,593 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,909 |
| Total operating and administrative expenses | $116,050 |
| Contributions, gifts, grants paid | $460,701 |
| Total expenses and disbursements | $576,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $776,919 |
| 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 | $7,980,348 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,757,267 |
| 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 | $3,793 |
| Total liabilities | $3,793 |
Grants Awarded
Over the last fiscal year, Gary O Galiher Foundation Inc has awarded $460,701 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HUTT- UMASS GRANT PURPOSE: TO CONTRUBUTE CASH TO THE SUPPORT OF THE ORGANIZATION. | $252,262 |
Nashville, TN PURPOSE: TO CONTRUBUTE CASH TO THE SUPPORT OF THE ORGANIZATION. | $200,000 |
KILOHANA SURF PROGRAM PURPOSE: TO CONTRUBUTE CASH TO THE SUPPORT OF THE ORGANIZATION. | $8,426 |
SCHEDULE K-1 SIGNATUREFD PRIVATE EQUITY FUND - CHARITABLE CONTRIBUTIONS PURPOSE: CONTRIBUTIONS MADE FROM PASSTHROUGH. TO CONTRUBUTE CASH TO THE SUPPORT OF THE ORGANIZATION. | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |
Wayne & Gladys Valley Charitable Foundation Oakland, CA | $270,742,115 | $3,705,667 |
The Marisla Foundation Laguna Beach, CA | $26,534,095 | $36,043,209 |