Gunnell Family Foundation
- Assets
- $1.3m
- Revenue
- $108.7k
- Investments
- $1.3m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 10/1998
- Data as of
- 12/2022
- EIN
- 84-6312818
Organization Overview
Gunnell Family Foundation is located in Salt Lake City, UT. The organization was established in 1998. 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. Gunnell Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Gunnell Family Foundation has awarded 14 individual grants totaling $326,280. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald C Gunnell Trustee & Mgr | 1 | $0 | |
Kaye L Gunnell Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,517 |
| Interest on Savings | $3 |
| Dividends & Interest | $29,977 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,243 |
| Capital Gain Net Income | $49,243 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $108,740 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| 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 | $1,777 |
| Total operating and administrative expenses | $54,707 |
| Contributions, gifts, grants paid | $161,280 |
| Total expenses and disbursements | $215,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,442 |
| 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 | $1,271,817 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,335,259 |
| 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, Gunnell Family Foundation has awarded $161,280 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE KING SINGERS PURPOSE: PROVIDE FINANCIAL ASSISTANCE. | $35,680 |
RED BARN FARMS PURPOSE: GENERAL CHARITABLE PURPOSES | $30,000 |
WORLD TRADE CENTER UTAH FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |
NORTHERN VERMONT UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
SCERA PURPOSE: GENERAL CHARITABLE PURPOSES | $3,600 |
RELIGIOUS FREEDOM PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |