Gkv Charitable Foundation Inc
- Assets
- $1.1m
- Revenue
- $46.4k
- Investments
- $1.1m
- Employees
- 0
- Location
- Lenox, MA
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 82-0888274
Organization Overview
Gkv Charitable Foundation Inc is located in Lenox, MA. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Gkv Charitable 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, Gkv Charitable Foundation Inc generated $46.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (55.0%) each year. All expenses for the organization totaled $594.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Gkv Charitable Foundation Inc has awarded 63 individual grants totaling $1,431,839. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $160 |
| Dividends & Interest | $48,634 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,699 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $281 |
| Total Revenue | $46,376 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,272 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,262 |
| Total operating and administrative expenses | $26,958 |
| Contributions, gifts, grants paid | $567,239 |
| Total expenses and disbursements | $594,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,235 |
| 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 | $1,097,735 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,120,970 |
| 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, Gkv Charitable Foundation Inc has awarded $567,239 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
STERLING & FRANCINE CLARK ART INSTITUTE PURPOSE: GENERAL CHARITABLE NEEDS | $2,500 |
PLANNED PARENTHOOD GLOBAL INC PURPOSE: GENERAL CHARITABLE NEEDS | $1,000 |
BOSTON SYMPHONY ORCHESTRA INC PURPOSE: GENERAL CHARITABLE NEEDS | $3,000 |
SHAKESPEARE & COMPANY INC PURPOSE: $20,000 TOWARDS UNDERWRITING "THE CONTENTION: HENRY VI PART II AND $5,000 TOWARDS ORGANIZATION'S GALA | $25,000 |
JACOBS PILLOW DANCE FESTIVAL INC PURPOSE: SPRING GALA | $1,000 |
CANDID PURPOSE: GENERAL SUPPORT | $1,000 |