Wallace Alexander Gerbode Foundation
- Assets
- $39.5m
- Revenue
- $2.9m
- Investments
- $38.1m
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 11/1955
- Data as of
- 12/2020
- EIN
- 94-6065226
Organization Overview
Wallace Alexander Gerbode Foundation is located in Berkeley, CA. The organization was established in 1955. 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. Wallace Alexander Gerbode 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 12/2020, Wallace Alexander Gerbode Foundation generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Wallace Alexander Gerbode Foundation has awarded 224 individual grants totaling $7,308,990. 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 |
|---|---|---|---|
Stacie Maa Pres/ass't Sec | 40 | $155,000 | |
Colin Gerbode V.chair/sec | 5 | $0 | |
Sharon Gerbode Chair | 5 | $0 | |
Frank A Gerbode V. Chair/tres | 5 | $0 | |
Ian Gerbode Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 12/30/18 | $196,143 |
Leventhal Kline Management Inc | 12/30/18 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $568,034 |
| Interest on Savings | $191 |
| Dividends & Interest | $770,934 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,450,293 |
| Capital Gain Net Income | $1,450,293 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $65,406 |
| Total Revenue | $2,854,858 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $178,250 |
| Other employee salaries and wages | $85,000 |
| Pension plans, employee benefits | $66,832 |
| Interest | $0 |
| Taxes | $94,357 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,581 |
| Printing and publications | $1,221 |
| Other expenses | $73,957 |
| Total operating and administrative expenses | $749,453 |
| Contributions, gifts, grants paid | $2,479,380 |
| Total expenses and disbursements | $3,228,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,794 |
| Savings and temporary cash investments | $400,044 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $568,034 |
| 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 | $25,960 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,466,716 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $206,384 |
| Total assets | $39,503,031 |
| Accounts payable and accrued expenses | $48,725 |
| Grants payable | $247,642 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $159,000 |
| Total liabilities | $455,367 |
Grants Awarded
Over the last fiscal year, Wallace Alexander Gerbode Foundation has awarded $2,432,086 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
Oakland, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Concord, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Berkeley, CA PURPOSE: SUPPORT OF ITS DIGITAL DECEPTION SOLUTIONS PROJECT | $100,000 |
Oakland, CA PURPOSE: GENERAL SUPPORT | $100,000 |
MOUNT TAMALPAIS COLLEGE PURPOSE: GENERAL SUPPORT | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wallace Alexander Gerbode Foundation has recieved totaling $570,000.
| Awarding Organization | Amount |
|---|---|
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR THE SPECIAL AWARDS IN THE ARTS PROGRAM | $380,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR THE SPECIAL AWARDS IN THE ARTS PROGRAM | $190,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |