George G Fund
- Assets
- $19.6m
- Revenue
- $3.7m
- Investments
- $19.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 85-6576699
Organization Overview
George G Fund is located in New York, NY. 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. George G Fund 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, George G Fund generated $3.7m 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 (40.9%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, George G Fund has awarded 26 individual grants totaling $2,705,000. 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 | $3,272,123 |
| Interest on Savings | $0 |
| Dividends & Interest | $316,080 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,468 |
| Capital Gain Net Income | $52,468 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,126 |
| Total Revenue | $3,664,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $146,944 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,495 |
| Total operating and administrative expenses | $160,886 |
| Contributions, gifts, grants paid | $900,000 |
| Total expenses and disbursements | $1,060,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $19,639,928 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,639,928 |
| 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, George G Fund has awarded $900,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MILLER EMPEY NATURAL SCIENCE FOUNDATION PURPOSE: GENERAL SUPPORT | $50,000 |
FLORIDA OCEANOGRAPHY SOCIETY PURPOSE: GENERAL SUPPORT | $100,000 |
LACASA CENTER PURPOSE: GENERAL SUPPORT | $100,000 |
WAWASHKAMO GOLF CLUB PURPOSE: GENERAL SUPPORT | $150,000 |
MACKINAC HORSEMEN'S ASSOCIATION PURPOSE: GENERAL SUPPORT GRANT | $50,000 |
CONTEMPORARY CRAFT PURPOSE: GENERAL SUPPORT GRANT | $100,000 |