Tgz Foundation
- Assets
- $1.9m
- Revenue
- -$142.1k
- Investments
- $1.0m
- Employees
- 0
- Location
- Solana Beach, CA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-5509454
Organization Overview
Tgz Foundation is located in Solana Beach, CA. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Tgz Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TGZ FOUNDATION PROVIDES SERVICES AND FUNDS FOR CHILDHOOD DEVELOPMENT AND EDUCATION. SPECIFICALLY, THE FOUNDATION SPONSORS SERVICES FOR CHILDREN TO DEVELOP INTEREST AND KNOWLEDGE IN ENGINEERING AND TECHNOLOGY WITH A FOCUS ON AUTOMOTIVE ENGINEERING AND WIRELESS RADIO TECHNOLOGY. THE FOUNDATION MAY SPONSOR EDUCATIONAL PROGRAMS AND CAREER DEVELOPMENT PROGRAMS AS ADJUNCT TO EXISTING AFTER-SCHOOL OR SUMMER RESOURCES. THE FOUNDATION WILL WORK CLOSLEY WITH THE EXISTING COMMUNITY ORGANIZATIONS TO DETERMINE SPECIFIC COMMUNITY NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David P Stapleton President | 0.25 | $0 | |
Kari Blakley Secretary, Treasurer | 0 | $0 | |
Ronald Darland Director | 0 | $0 | |
Pamela Burns Director | 0 | $0 | |
Jill Darland Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$146,619 |
| Capital Gain Net Income | $1,381 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$142,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $242 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $560 |
| Total operating and administrative expenses | $17,947 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $50,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,026 |
| Savings and temporary cash investments | $8,977 |
| 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 | $687,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $700,000 |
| Total assets | $1,948,407 |
| 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, Tgz Foundation has awarded $33,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOOVER HIGH SCHOOL PURPOSE: SUPPORT OF ORGANIZATION'S SUSTAINABLE ACADEMY OF BUILDING & ENGINEERING (SABE) PROGRAM | $22,000 |
WILSON MIDDLE SCHOOL PURPOSE: GENERAL SUPPORT OF ORGANIZATION'S SCIENCE AND TECHNOLOGY PROGRAMS IN ROBOTICS | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Graduates San Francisco, CA | $3,883,649 | $11,314,485 |
New Tech Network Inc Napa, CA | $12,877,956 | $13,662,524 |
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
D-Veal Corporation Pasadena, CA | $1,060,148 | $8,616,279 |
Interfaith Food Center Santa Fe Springs, CA | $886,631 | $8,408,786 |
Educational Results Partnership Sacramento, CA | $3,391,130 | $3,866,159 |
Caremessage San Francisco, CA | $6,898,629 | $10,594,129 |
Core Districts Sacramento, CA | $6,393,095 | $5,685,377 |
Golden Oak Manor Inc San Rafael, CA | $6,249,784 | $2,003,606 |
Great Schools Oakland, CA | $7,609,862 | $7,265,817 |
Krishnamurti Foundation Of America Ojai, CA | $22,733,615 | $8,821,741 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |