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Nonprofiteer
← GIVSUM FOUNDATION

Form 990 for tax year 2023

Filed by GIVSUM FOUNDATION.

Totals

Total revenue
$939,765
Total expenses
$937,548
Contributions and grants received
$939,765
Grants paid
$928,485
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$203,202
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$203,202
Program services expenses (Part IX)
$928,485
Management and general expenses
$9,063
Fundraising expenses
$0
Program service expenses (Part III)
$697,648

Program services were 99.0% 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.

  • 1a · Federated campaigns

    $359,761

  • 1c · Fundraising events

    $580,004

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $928,485 · program services $928,485

  • 5 · Compensation of officers, directors and key employees

    total $0 · management and general $0

  • 11a · Fees: management

    total $7,500 · management and general $7,500

  • 13 · Office expenses

    total $1,241 · management and general $1,241

  • 14 · Information technology

    total $322 · management and general $322

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $200,985 · end of year $203,202

  • 27 · Net assets without donor restrictions

    beginning of year $200,985 · end of year $203,202

Mission and programs · 2023

Mission

The Givsum Foundation provides grants to fiscal sponsorships of community based organizations that are in pursuit of their own 501c3 nonprofit status. The following organizations: ECB Tournament, Tails That Teach, and Entheos are the largest funded organizations in the Givsum Foundation network.

Activities or mission (Part I)

The Givsum Foundation provides grants to fiscal sponsorship projects of community based organizations that are in pursuit of their own 501c3. The largest projects associated with the Givsum Foundation include Tails That Teach, Entheos, ECB Golf Tournament, and Morning Star Kids.

  • ECB Golf Tournament is designed to raise funds for artists and musician in need.

    Expenses $265,692 · Revenue $360,110

  • Tails That Teach inspires kids to be kind to pets and people, saving the lives of animals, changing the lives of children. Tails That Teach helps bridge that connection through education programs and our compensation-centered books, "Love Me Gently" as well as "Gray Whiskers."

    Expenses $248,387 · Revenue $219,894

  • The Entheos Community is a global collective of makers, healers, artists, cultivators, scientists, and leaders of six continents from more than forty different countries. The organization works in medical and psychological research, innovates at the intersection of technology and culture, and facilitates experience with the sacred, and study the evolution of consciousness.

    Expenses $183,569 · Revenue $169,554

As filed on the 2023 return.

Listed in Part VII

  • Shawn Wehan

    Board Chair

    Total calculated
    $0
    Hours/week
    2

  • Larry Parker

    Board Member

    Total calculated
    $0
    Hours/week
    0

  • Bill Javorsky

    Board Member

    Total calculated
    $0
    Hours/week
    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
24 June 2024
IRS schema version
2023v5.0
Source object
202431779349300838

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