Gardner Grout Foundation
- Assets
- $44.7m
- Revenue
- $3.9m
- Investments
- $42.9m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 12/2000
- Data as of
- 12/2020
- EIN
- 95-7106955
Organization Overview
Gardner Grout Foundation is located in Reno, NV. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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.
For the year ending 12/2020, Gardner Grout Foundation generated $3.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.4%) 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 2020, Gardner Grout Foundation has awarded 124 individual grants totaling $2,709,500. 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 |
|---|---|---|---|
L G Brigham And E B Huyck Co-Trustee | 40 | $82,000 | |
C B Markovich And L B Hambleton Co-Trustee | 40 | $82,000 | |
Capital Bank Trust Co-Trustee | 40 | $58,048 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,201,525 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,707,529 |
| Capital Gain Net Income | $2,707,529 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,909,054 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $222,048 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47,476 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,928 |
| Total operating and administrative expenses | $479,259 |
| Contributions, gifts, grants paid | $2,709,500 |
| Total expenses and disbursements | $3,188,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,862,360 |
| 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 | $28,773,603 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $44,721,641 |
| 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, Gardner Grout Foundation has awarded $2,709,500 in support to 124 organizations.
| Grant Recipient | Amount |
|---|---|
Mamaroneck, NY PURPOSE: GENERAL SUPPORT | $125,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $125,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
Mamaroneck, NY PURPOSE: GENERAL SUPPORT | $100,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $80,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ray And Dagmar Dolby Family Fund San Francisco, CA | $99,390,789 | $10,905,334 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $10,569,953 | $10,116,470 |
Colburn Music Fund Los Angeles, CA | $0 | $1,827,507 |
Herbalife Nutrtion Foundation Los Angeles, CA | $12,904,700 | $4,767,159 |
Kla-Tencor Foundation Milpitas, CA | $27,951,327 | $8,476,259 |
Frederick Gardner Cottrell Foundation Tucson, AZ | $51,564,715 | $11,154,134 |
Walter J & Betty C Zable Foundation San Diego, CA | $0 | $3,783,752 |
Harman Family Foundation Los Angeles, CA | $38,212,766 | $3,645,376 |
Kabcenell Family Foundation Portola Valley, CA | $21,668,470 | $1,693,426 |
Intuit Foundation Mountain View, CA | $943,354 | $4,145,973 |
In-N-Out Burgers Foundation Irvine, CA | $35,758,295 | $6,631,731 |
Gardner Grout Foundation Reno, NV | $44,721,641 | $3,909,054 |