Giversgain Foundation Corporation is located in Pleasanton, CA. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Giversgain Foundation Corporation 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, Giversgain Foundation Corporation generated $25.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $25.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SOLICITS CONTRIBUTIONS FROM INDIVIDUALS THAT TYPICALLY RANGE BETWEEN $50 AND $1,000. THE FUNDS ARE GIVEN TO LOCAL FAMILIES IN NEED, E.G., IN WHICH THERE HAS BEEN A SERIOUS ILLNESS OR DEATH IN THE FAMILY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Cain CFO | 10 | $0 | |
Jennifer Haus CEO | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,843 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,416 |
| Total operating and administrative expenses | $23,781 |
| Contributions, gifts, grants paid | $2,062 |
| Total expenses and disbursements | $25,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,373 |
| 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 | $33,373 |
| 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 |
Over the last fiscal year, Giversgain Foundation Corporation has awarded $16,953 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MICHAEL SWIFT PURPOSE: DEATH IN FAMILY. | $3,500 |
VARIOUS PURPOSE: FAMILIES IN NEED. | $13,453 |