Totals
- Total revenue
- $3,233,502
- Total expenses
- $1,345,568
- Contributions and grants received
- $838,537
- Grants paid
- $500,000
- Program service revenue
- $0
- Investment income
- $2,394,965
- Other revenue
- $0
- Total assets, end of year
- $73,890,309
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $73,890,309
- Program services expenses (Part IX)
- $500,000
- Management and general expenses
- $845,568
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $500,000
Program services were 37.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$838,537
-
3 · Investment income
total $2,164,091 · related or exempt $1,884 · excluded $2,162,207
-
7a · Gross sales of assets other than inventory
securities $19,424,392 · other assets $55,657
-
7b · Less cost or other basis and sales expenses
securities $19,249,175
-
7c · Gain or loss
securities $175,217 · other assets $55,657
-
7d · Net gain or loss
total $230,874 · related or exempt $175,217 · excluded $55,657
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $500,000 · program services $500,000
-
11c · Fees: accounting
total $13,882 · management and general $13,882
-
11f · Fees: investment management
total $262,042 · management and general $262,042
-
20 · Interest
total $41,599 · management and general $41,599
-
24a · Other expenses: OTHER FEES
total $402,266 · management and general $402,266
-
24b · Other expenses: FOREIGN TAXES
total $125,779 · management and general $125,779
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,307 · end of year $117,087
-
2 · Savings and temporary cash investments
beginning of year $1,014,729 · end of year $2,250,621
-
13 · Investments: program-related
beginning of year $71,519,559 · end of year $71,522,601
-
27 · Net assets without donor restrictions
beginning of year $72,542,595 · end of year $73,890,309
Mission and programs · 2022
Mission
PROJECT GATEHOUSE ENDOWMENT IS A LONG-TERM ENDOWMENT FOR THE BENEFIT OF PROJECTHANDUP AND TO PROVIDE A REASONABLY STABLE AND PREDICTABLE SOURCE OF FUNDS FOR PROJECTHANDUP.
Activities or mission (Part I)
PROJECT GATEHOUSE ENDOWMENT WILL OPERATE SOLEY TO RAISE AND PROVIDE FINANCIAL SUPPORT FOR THE BENEFIT OF PROJECTHANDUP.
-
TO SOLELY PROVIDE FINANCIAL SUPPORT FOR THE BENEFIT OF PROJECT HANDUP
Expenses $500,000 · Grants $500,000
As filed on the 2022 return.
Listed in Part VII
-
Todd ArmstrongTODD ARMSTRONG
DIRECTOR
- Total calculated
- $0
-
Tom HundTOM HUND
SECRETARY
- Total calculated
- $0
-
Carl IceCARL ICE
DIRECTOR
- Total calculated
- $0
-
Matthew K RoseMATTHEW K ROSE
PRESIDENT
- Total calculated
- $0
-
Victor SansoneVICTOR SANSONE
DIRECTOR
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
PROJECT HAND UP
$500,000
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431379349302323
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.