Gary And Mary West Charitable Trust
- Assets
- $333.4m
- Revenue
- $16.9m
- Investments
- $229.2m
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- Data as of
- 12/2023
- EIN
- 87-3374164
Organization Overview
Gary And Mary West Charitable Trust is located in La Jolla, CA. 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. Gary And Mary West Charitable Trust 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, Gary And Mary West Charitable Trust generated $16.9m in total revenue.
Since 2022, Gary And Mary West Charitable Trust has awarded 49 individual grants totaling $31,666,950. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
TO SUPPORT SENIORS THROUGH HEALTH AND WELLNESS INITIATIVES ENABLING THEM TO AGE WITH INDEPENDENCE AND DIGNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelley Lyford CEO And Chair | 20 | $298,990 | |
Sally Hallak CFO & Treasurer | 15 | $206,483 | |
Tim Lash President | 15 | $176,287 | |
Marc Harper Trustee | 2 | $0 | |
Mary E West Trustee | 2 | $0 | |
Gary L West Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Northern Trust Company | 12/30/23 | $683,101 |
Gary & Mary West Management Company Inc | 12/30/23 | $402,790 |
Communication Partners & Associates Llc | 12/30/23 | $90,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,846,633 |
| Interest on Savings | $3,724,856 |
| Dividends & Interest | $6,826,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$449,679 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,961,072 |
| Total Revenue | $16,909,732 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $681,760 |
| Other employee salaries and wages | $545,490 |
| Pension plans, employee benefits | $113,278 |
| Interest | $0 |
| Taxes | $554,344 |
| Depreciation | $0 |
| Occupancy | $80,139 |
| Travel, conferences, and meetings | $79,175 |
| Printing and publications | $2,903 |
| Other expenses | $1,409,353 |
| Total operating and administrative expenses | $4,704,772 |
| Contributions, gifts, grants paid | $28,891,826 |
| Total expenses and disbursements | $33,596,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,549,224 |
| Savings and temporary cash investments | $91,093,585 |
| Net Accounts receivable | $1,245,179 |
| 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 | $376,886 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $37,939,386 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,971,119 |
| Total assets | $333,413,300 |
| Accounts payable and accrued expenses | $487,577 |
| 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 | $591,085 |
| Total liabilities | $1,078,662 |
Grants Awarded
Over the last fiscal year, Gary And Mary West Charitable Trust has awarded $30,546,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY ON AGING PURPOSE: TO SUPPORT THE MASTER PLAN FOR AGING SYMPOSIUM | $25,000 |
APPLE TREE DENTAL PURPOSE: TO SUPPORT THE HEALTHY AGING PROJECT | $36,400 |
CHALLENGE CENTER PURPOSE: TO SUPPORT AGING WITH INDEPENDENCE AND DIGNITY | $71,500 |
GARY AND MARY WEST HEALTH POLICY CENTER PURPOSE: SEE STATEMENT FOR EXPENDITURE RESPONSIBILITY GRANT | $6,000,000 |
GARY AND MARY WEST SENIOR DENTAL CENTER INC PURPOSE: TO SUPPORT GENERAL OPERATIONS AND SUSTAINABILITY PLANNING | $200,000 |
GIFFORD MEDICAL CENTER PURPOSE: TO SUPPORT LAST MILE EVENT | $10,000 |