Totals
- Total revenue
- $8,029,984
- Total expenses
- $9,880,485
- Contributions and grants received
- $4,030,110
- Grants paid
- $9,343,592
- Program service revenue
- $0
- Investment income
- $310,290
- Other revenue
- $3,689,584
- Total assets, end of year
- $66,758,480
- Total liabilities, end of year
- $43,800
- Net assets or fund balances, end of year
- $66,714,680
- Program services expenses (Part IX)
- $9,381,027
- Management and general expenses
- $499,458
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $9,381,027
Program services were 94.9% 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
$4,030,110
-
1g · Noncash contributions included above
$1,294,941
-
3 · Investment income
total $563,999 · excluded $563,999
-
5 · Royalties
total $3,630,988 · excluded $3,630,988
-
6a · Gross rents
real property $74,400
-
6b · Less rental expenses
real property $16,583
-
6c · Rental income or loss
real property $57,817
-
6d · Net rental income or loss
total $57,817 · excluded $57,817
-
7a · Gross sales of assets other than inventory
securities $854,200
-
7b · Less cost or other basis and sales expenses
securities $1,107,909
-
7c · Gain or loss
securities -$253,709
-
7d · Net gain or loss
total -$253,709 · excluded -$253,709
-
11a · Other revenue: OTHER REVENUE
total $779 · excluded $779
-
11e · Other revenue, total
$779
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,920,592 · program services $7,920,592
-
3 · Grants to foreign organizations and individuals
total $1,423,000 · program services $1,423,000
-
11b · Fees: legal
total $9,271 · management and general $9,271
-
11g · Fees: other
total $455,000 · management and general $455,000
-
14 · Information technology
total $34,428 · management and general $34,428
-
24a · Other expenses: PROGRAM SERVICE EXPENSE
total $37,435 · program services $37,435
-
24b · Other expenses: BANKING FEES
total $759 · management and general $759
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,876,013 · end of year $3,475,532
-
2 · Savings and temporary cash investments
beginning of year $242,897 · end of year $77,614
-
4 · Accounts receivable
beginning of year $48,875 · end of year $60,581
-
9 · Prepaid expenses and deferred charges
beginning of year $135,000 · end of year $61,000
-
10a · Land, buildings and equipment: cost or other basis
$710,000
-
10b · Land, buildings and equipment: accumulated depreciation
$22,800
-
10c · Land, buildings and equipment, net
beginning of year $702,015 · end of year $687,200
-
12 · Investments: other securities
beginning of year $64,538,403 · end of year $60,981,111
-
13 · Investments: program-related
beginning of year $1,192,500 · end of year $1,415,442
-
17 · Accounts payable and accrued expenses
beginning of year $10,000 · end of year $43,800
-
27 · Net assets without donor restrictions
beginning of year $68,725,703 · end of year $66,714,680
Mission and programs · 2022
Mission
GIVERS LEGACY FOUNDATION, INC. IS A GLOBAL GRANTMAKING ORGANIZATION THAT SUPPORTS AND MAKES DISTRIBUTIONS TO CHARITABLE, RELIGIOUS, HUMANITARIAN, SCIENTIFIC, LITERARY, ENVIRONMENTAL AND EDUCATIONAL CAUSES INTERNATIONALLY AND DOMESTICALLY.
-
GIVERS LEGACY FOUNDATION, INC. BOARD OF DIRECTORS AWARDED GRANTS FROM DONOR ADVISED FUNDS AND DESIGNATED FUNDS TO QUALIFIED CHARITABLE ORGANIZATIONS AND PROGRAMS.
Expenses $9,381,027 · Grants $9,343,592
As filed on the 2022 return.
Listed in Part VII
-
Gregory L SperryGREGORY L SPERRY
SECRETARY/DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Robert G CollinsROBERT G COLLINS
CEO/TREASURER/CHAIRMAN
- Total calculated
- $0
- Hours/week
- 30
-
Mimi CawoodMIMI CAWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
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
-
$4,150,000
SUPPORT
-
INTERNATIONAL GENEROSITY FOUNDATION
$2,510,592
SUPPORT
-
$1,200,000
SUPPORT
-
$60,000
SUPPORT
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
JODCO LLC
REAL ESTATE · ID · income $48,000 · assets $434,088
Directly controlled by FILING ORGANIZATION
-
GLF-101 LLC
REAL ESTATE · FL · income $26,400 · assets $321,480
Directly controlled by FILING ORGANIZATION
-
GLOBAL ADAPTIVE TECHNOLOGIES LLC
HOLDS INTERESTS IN C CORPS · TX · income -$201,414 · assets $17,200,000
Directly controlled by FILING ORGANIZATION
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
DCIIP LLC
MEMBER DISTRIBUTIONS · IP INTEREST · TN · 94.79% owned · share of income $5,080,879 · share of assets $43,781,111
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343139349304569
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