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 12/2022, Bruce W Gilpin Memorial Foundation generated $76.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bruce W Gilpin Memorial Foundation has awarded 82 individual grants totaling $2,542,877. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane G Andrew Trustee | 20 | $0 | |
Paul F Brantner Trustee | 2 | $0 | |
Kathy Scorcio Trustee | 5 | $6,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $150 |
| Dividends & Interest | $59,173 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,585 |
| Capital Gain Net Income | $17,585 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $76,908 |
| 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 | $8,755 |
| Total operating and administrative expenses | $28,946 |
| Contributions, gifts, grants paid | $2,023,877 |
| Total expenses and disbursements | $2,052,823 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 |
Over the last fiscal year, Bruce W Gilpin Memorial Foundation has awarded $2,023,877 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY HEALTH CARE PURPOSE: MEDICAL CARE FOR FOSTER CHILDERN | $5,000 |
EMERGENCY FOOD NETWORK PURPOSE: FOOD FOR LOW INCOME | $10,000 |
PACIFIC PUG RESCUE PURPOSE: FINDING HOMES FOR COMPANION ANIMALS | $5,000 |
PUGET SOUND PET FOOD BANK PURPOSE: PET FOOD FOR COMPANION ANIMALS | $5,000 |
TACOMA BOAT BUILDERS PURPOSE: BOAT BUILDING AND MARINE SKILLS FOR DIADVANTAGED YOUTH | $5,000 |
DIABETES ASSN OF PIERCE COUNTY PURPOSE: PANTHER DAY CAMP | $7,000 |