Mark and Karen Gergel Foundation Inc
- Assets
- $492.5k
- Revenue
- $500.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Destin, FL
- Founding
- Data as of
- 12/2021
- EIN
- 87-3383440
Organization Overview
Mark and Karen Gergel Foundation Inc is located in Destin, FL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Gergel Treasurer | 0 | $0 | |
Karen Gergel President | 0 | $0 | |
Michelle Burruss Director | 0 | $0 | |
Kristin Swift Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $500,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $7,500 |
| Total expenses and disbursements | $7,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $492,500 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $492,500 |
| 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, Mark and Karen Gergel Foundation Inc has awarded $7,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION INC PURPOSE: UNRESTRICTED | $1,000 |
Memphis, TN PURPOSE: UNRESTRICTED | $1,000 |
THE EMPTY STOCKING FUND PURPOSE: UNRESTRICTED | $1,000 |
Minneapolis, MN PURPOSE: UNRESTRICTED | $1,000 |
Santa Rosa Beach, FL PURPOSE: UNRESTRICTED | $1,000 |
HICKORY FLAT CHURCH PURPOSE: UNRESTRICTED | $1,000 |
View Grant Profile
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|---|---|---|
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Divers Alert Network Durham, NC | $37,418,607 | $12,273,989 |
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