Peter A And Vernice H Gasser Foundation
- Assets
- $0.0
- Revenue
- $8.9m
- Investments
- $17.5m
- Employees
- 0
- Location
- Napa, CA
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 94-2816159
Organization Overview
Peter A And Vernice H Gasser Foundation is located in Napa, CA. The organization was established in 1982. 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. Peter A And Vernice H Gasser 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, Peter A And Vernice H Gasser Foundation generated $8.9m 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 (21.5%) each year. All expenses for the organization totaled $13.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Peter A And Vernice H Gasser Foundation has awarded 343 individual grants totaling $9,438,299. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy A Roche Chair/director | 5 | $42,000 | |
Henry H Gundling Past Chair/director | 5 | $42,000 | |
Timothy T Streblow Vice Chair/director | 5 | $42,000 | |
Joseph G Peatman Treasurer/director | 5 | $42,000 | |
Jennifer M Hall Secretary (through 6/30/22) | 37.5 | $55,270 | |
Nancy Watt CEO | 25 | $191,511 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Atlas Peak Construction | 12/30/22 | $244,362 |
Landesign | 12/30/22 | $221,062 |
Rpc General Contracting | 12/30/22 | $84,558 |
Svt Gruppe Inc | 12/30/22 | $98,309 |
Moss Adams Llp | 12/30/22 | $81,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $182,398 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,534,120 |
| Profit on Inventory Sales | $0 |
| Other Income | $355,462 |
| Total Revenue | $8,916,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $456,547 |
| Pension plans, employee benefits | $19,880 |
| Depreciation | $1,497,327 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $6,918,370 |
| Contributions, gifts, grants paid | $6,520,704 |
| Total expenses and disbursements | $13,439,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $901,762 |
| Other assets | $5,827,717 |
| Mortgages and other notes payable | $33,178,618 |
| Other liabilities | $19,495,220 |
Grants Awarded
Over the last fiscal year, Peter A And Vernice H Gasser Foundation has awarded $1,986,510 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
JUSTIN- SIENA HIGH SCHOOL PURPOSE: GENERAL | $200,000 |
CANV BROWN BAG PURPOSE: GENERAL | $30,000 |
CENTER FOR VOLUNTEER & NONPROFIT LEADER PURPOSE: GENERAL | $13,446 |
MOLLY'S ANGELS - RENT PURPOSE: GENERAL | $12,732 |
HANDS ACROSS THE VALLEY PURPOSE: GENERAL | $10,000 |
OLE HEALTH PURPOSE: JAN - MAR LEGION RENT | $8,250 |