The Fred Gellert Family Foundation
- Assets
- $5.8m
- Revenue
- -$165.4k
- Investments
- $5.7m
- Employees
- 0
- Location
- Mill Valley, CA
- Founding
- 03/1960
- Data as of
- 12/2022
- EIN
- 94-6062859
Organization Overview
The Fred Gellert Family Foundation is located in Mill Valley, CA. The organization was established in 1960. 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. Fred Gellert Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Fred Gellert Family Foundation has awarded 151 individual grants totaling $800,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS IS A GRANT MAKING ORGANIZATION. SEE STATEMENT TO SUPPORT SECTION XV, LINE 3A, FOR A LIST OF GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Gellert Co-Director | 2 | $0 | |
Annette Gellert Co-Director | 4 | $0 | |
Serena Lim Accountant | 21 | $75,978 | |
Landon Gellert Grant Manager | 20 | $35,770 | |
Julia Gellert Grant Manager | 20 | $35,770 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $63,135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$223,294 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$5,195 |
| Total Revenue | -$165,354 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $147,518 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $741 |
| Interest | $0 |
| Taxes | $14,978 |
| Depreciation | $0 |
| Occupancy | $11,001 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,990 |
| Total operating and administrative expenses | $227,229 |
| Contributions, gifts, grants paid | $133,000 |
| Total expenses and disbursements | $360,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,672 |
| 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 | $4,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $803 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,200 |
| Total assets | $5,784,134 |
| Accounts payable and accrued expenses | $184 |
| 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 | $184 |
Grants Awarded
Over the last fiscal year, The Fred Gellert Family Foundation has awarded $133,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
BELVEDERE TIBURON LIBRARY FOUNDATION PURPOSE: EDUCATION | $5,000 |
826 VALENCIA PURPOSE: EDUCATION | $2,000 |
CENTER FOR INVESTIGATIVE REPORTING PURPOSE: EDUCATION | $2,000 |
FOUNDATION FOR REED SCHOOLS PURPOSE: EDUCATION | $2,000 |
NATURE BRIDGE PURPOSE: EDUCATION | $2,000 |
MENLO COLLEGE PURPOSE: EDUCATION | $500 |