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Nonprofiteer
← GUILFORD FOUNDATION INC

Form 990 for tax year 2022

Filed by GUILFORD FOUNDATION INC.

Totals

Total revenue
$1,008,116
Total expenses
$454,426
Contributions and grants received
$812,473
Grants paid
$239,998
Program service revenue
$0
Investment income
$195,506
Other revenue
$137
Total assets, end of year
$6,313,062
Total liabilities, end of year
$500
Net assets or fund balances, end of year
$6,312,562
Program services expenses (Part IX)
$274,537
Management and general expenses
$128,702
Fundraising expenses
$51,187
Program service expenses (Part III)
$274,537

Program services were 60.4% 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

    $812,473

  • 3 · Investment income

    total $195,506 · excluded $195,506

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $137 · excluded $137

  • 11e · Other revenue, total

    $137

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $158,630 · program services $158,630

  • 2 · Grants to domestic individuals

    total $81,368 · program services $81,368

  • 5 · Compensation of officers, directors and key employees

    total $47,607 · program services $15,122 · management and general $17,363 · fundraising $15,122

  • 7 · Other salaries and wages

    total $27,138 · program services $8,926 · management and general $9,286 · fundraising $8,926

  • 10 · Payroll taxes

    total $5,762 · program services $1,921 · management and general $1,920 · fundraising $1,921

  • 11c · Fees: accounting

    total $22,886 · program services $2,093 · management and general $18,700 · fundraising $2,093

  • 11f · Fees: investment management

    total $49,899 · management and general $49,899

  • 11g · Fees: other

    total $21,890 · management and general $21,890

  • 12 · Advertising and promotion

    total $11,485 · fundraising $11,485

  • 13 · Office expenses

    total $12,964 · program services $1,994 · management and general $5,024 · fundraising $5,946

  • 14 · Information technology

    total $1,213 · fundraising $1,213

  • 17 · Travel

    total $140 · management and general $140

  • 22 · Depreciation, depletion and amortization

    total $37 · program services $12 · management and general $13 · fundraising $12

  • 23 · Insurance

    total $4,466 · program services $1,489 · management and general $1,488 · fundraising $1,489

  • 24a · Other expenses: PRINTING AND PUBLICATIO

    total $8,941 · program services $2,982 · management and general $2,979 · fundraising $2,980

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $369,405 · end of year $157,331

  • 2 · Savings and temporary cash investments

    beginning of year $3,480 · end of year $2,814

  • 4 · Accounts receivable

    beginning of year $15,096 · end of year $8,380

  • 10a · Land, buildings and equipment: cost or other basis

    $2,410

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,410

  • 10c · Land, buildings and equipment, net

    beginning of year $37 · end of year $0

  • 12 · Investments: other securities

    beginning of year $5,772,847 · end of year $6,144,537

  • 17 · Accounts payable and accrued expenses

    beginning of year $25,970 · end of year $500

  • 27 · Net assets without donor restrictions

    beginning of year $6,133,448 · end of year $6,312,562

  • 28 · Net assets with donor restrictions

    beginning of year $1,447 · end of year $0

Mission and programs · 2022

Mission

TO ENRICH THE QUALITY OF LIFE IN OUR COMMUNITY BY CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER, NOW AND FOR GENERATIONS TO COME.

Activities or mission (Part I)

SEE SCHEDULE O

  • GRANTS TO SUPPORT THE QUALITY OF LIFE IN GUILFORD, INCLUDING BASIC NEEDS, ARTS & CULTURE, THE ENVIRONMENT, YOUTH, SENIORS, AND HUMAN SERVICES.

    Expenses $193,169 · Grants $158,630

  • GRANTS / SCHOLARSHIPS / PRIZES TO SUPPORT GUILFORD STUDENTS WHO ARE PURSUING POST-SECONDARY EDUCATION.

    Expenses $81,368 · Grants $81,368

As filed on the 2022 return.

Listed in Part VII

  • Deirde Jacob

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • John Hyman

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Linda Weber

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Alexander Sulpasso

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Jeffrey Rice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ashley Fernandez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Hodgson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Betsy Gribble

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sarah Blanton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Linda Fan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stacy Errante Votto

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Judith Meyers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maggie Moffett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Little Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Petra

    EXECUTIVE DIRECTOR

    Total calculated
    $94,984
    From this org
    $90,735
    From related orgs
    $0
    Other
    $4,249
    Hours/week
    40

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

Provenance

Return type
form_990
Tax year
2022
Filed
27 July 2023
IRS schema version
2022v5.0
Source object
202312089349300011

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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