Bruce W Gilpin Memorial Foundation
- Assets
- $1.8m
- Revenue
- $97.1k
- Investments
- $1.7m
- Employees
- 0
- Location
- University Place, WA
- Founding
- 04/1997
- Data as of
- 12/2021
- EIN
- 91-1745833
Organization Overview
Bruce W Gilpin Memorial Foundation is located in University Place, WA. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bruce W Gilpin Memorial Foundation 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 12/2021, Bruce W Gilpin Memorial Foundation generated $97.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $114.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bruce W Gilpin Memorial Foundation has awarded 73 individual grants totaling $522,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Scorcio Trustee | 5 | $6,000 | |
Paul F Brantner Trustee | 2 | $0 | |
Jane G Andrew Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $61,535 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,536 |
| Capital Gain Net Income | $35,536 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,085 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| 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 | $368 |
| Total operating and administrative expenses | $24,160 |
| Contributions, gifts, grants paid | $90,500 |
| Total expenses and disbursements | $114,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,670 |
| 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 | $1,661,028 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,780,698 |
| 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, Bruce W Gilpin Memorial Foundation has awarded $90,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
EMERGENCY FOOD NETWORK PURPOSE: FOOD FOR LOW INCOME | $20,000 |
COMMUNITY HEALTH CARE PURPOSE: MEDICAL CARE FOR FOSTER CHILDERN | $10,000 |
Tacoma, WA PURPOSE: ASSISITING PATIENTS WITH CLINICAL CANCER TREATMENTS | $10,000 |
Federal Way, WA PURPOSE: PET FOOD FOR COMPANION ANIMALS | $10,000 |
PACIFIC PUG RESCUE PURPOSE: FINDING HOMES FOR COMPANION ANIMALS | $7,500 |
TACOMA BOAT BUILDERS PURPOSE: BOAT BUILDING AND MARINE SKILLS FOR DIADVANTAGED YOUTH | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Artsfund Foundation Seattle, WA | $32,553,145 | $1,472,883 |
Ferry Family Charitable Foundation Seattle, WA | $12,576,317 | $2,012,520 |
Mcdougal Foundation Inc Springfield, OR | $3,465,557 | $1,676,343 |
Anchorage Concert Foundation Anchorage, AK | $6,263,266 | $305,327 |
Seattle Childrens Theatre Foundation Seattle, WA | $4,485,050 | $87,884 |
Sunnyside Christian Thrift Shop Sunnyside, WA | $194,161 | $259,830 |
Behnke Foundation Seattle, WA | $2,205,309 | $217,715 |
Mary Clara Allison Charitable Trust Portland, OR | $2,961,345 | $127,640 |
Oregon Hospitality Foundation Wilsonville, OR | $582,544 | $126,448 |
Mano A Mano Prescott, WA | $1,263,895 | $144,072 |
Bruce W Gilpin Memorial Foundation University Place, WA | $1,780,698 | $97,085 |
Battelle Energy Alliance Llc Bea Etc Idaho Falls, ID | $214,741 | $0 |