Form 990 for tax year 2023
Filed by GRAYHAWK CLASSIC RESIDENTS FOUNDATION.
Totals
- Total revenue
- $378,208
- Total expenses
- $225,594
- Contributions and grants received
- $346,254
- Grants paid
- $200,294
- Program service revenue
- $0
- Investment income
- $31,954
- Other revenue
- $0
- Total assets, end of year
- $1,251,356
- Total liabilities, end of year
- $1,212
- Net assets or fund balances, end of year
- $1,250,144
- Program services expenses (Part IX)
- $209,141
- Management and general expenses
- $13,562
- Fundraising expenses
- $2,891
- Program service expenses (Part III)
- $209,141
Program services were 92.7% 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
$346,254
-
3 · Investment income
total $44,323 · related or exempt $44,323
-
7a · Gross sales of assets other than inventory
securities $183,420
-
7b · Less cost or other basis and sales expenses
securities $195,789
-
7c · Gain or loss
securities -$12,369
-
7d · Net gain or loss
total -$12,369 · related or exempt -$12,369
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,848 · program services $5,848
-
2 · Grants to domestic individuals
total $194,446 · program services $194,446
-
11c · Fees: accounting
total $9,069 · management and general $9,069
-
11f · Fees: investment management
total $6,784 · program services $6,784
-
11g · Fees: other
total $970 · fundraising $970
-
13 · Office expenses
total $1,220 · program services $1,220
-
14 · Information technology
total $4,685 · program services $843 · management and general $1,921 · fundraising $1,921
-
23 · Insurance
total $1,959 · management and general $1,959
-
24a · Other expenses: Miscellaneous
total $613 · management and general $613
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $119,528 · end of year $105,101
-
2 · Savings and temporary cash investments
beginning of year $46,920 · end of year $249,865
-
9 · Prepaid expenses and deferred charges
beginning of year $4,570
-
11 · Investments: publicly traded securities
beginning of year $841,018 · end of year $890,990
-
15 · Other assets
beginning of year $5,400 · end of year $5,400
-
17 · Accounts payable and accrued expenses
beginning of year $1,125 · end of year $1,212
-
29 · Capital stock, trust principal or current funds
beginning of year $184,619 · end of year $184,619
-
31 · Retained earnings, endowment or other funds
beginning of year $831,692 · end of year $1,065,525
Mission and programs · 2023
Mission
Scholarship awards granted to benefit employees and dependents of Vi at Grayhawk are paid directly to educational institutions. Grants are made to nonprofit organizations to enhance the quality of life in the Phoenix area.
-
Grants to post secondary institutions for 37 academic scholarship awards. Students are pursuing a variety of certificates and degree programs.
Expenses $209,141 · Grants $200,294
As filed on the 2023 return.
Listed in Part VII
-
Carolyn Holden
Director
- Total calculated
- $0
- Hours/week
- 2
-
Carol Loftus
Director
- Total calculated
- $0
- Hours/week
- 2
-
Marilyn Harrer
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rod Houston
Director
- Total calculated
- $0
- Hours/week
- 2
-
Liesel Nolan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Paul Rauschelbach
Director
- Total calculated
- $0
- Hours/week
- 2
-
Arlene Miller
Director
- Total calculated
- $0
- Hours/week
- 2
-
Roger Pelham
Director
- Total calculated
- $0
- Hours/week
- 6
-
Steve Pakula
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ellie Fields
Director
- Total calculated
- $0
- Hours/week
- 2
-
Liz Kendall
Director
- Total calculated
- $0
- Hours/week
- 5
-
Jennifer Smith
SecretaryDirector
- Total calculated
- $0
- Hours/week
- 5
-
Roz Gallup
TreasurerDirector
- Total calculated
- $0
- Hours/week
- 5
-
Bob Cappel
Vice-PresidentDirector
- Total calculated
- $0
- Hours/week
- 5
-
James Urban
PresidentDirector
- Total calculated
- $0
- Hours/week
- 10
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
-
Arizona State University
$60,331
Scholarship Support
-
Grand Canyon University
$57,200
Scholarship Support
-
University of Arizona
$26,800
Scholarship Support
-
Northern Arizona University
$22,910
Scholarship Support
-
Pace University
$19,470
Scholarship Support
-
Greenway Middle School
$5,848
Contribution
-
Gateway Community College
$5,530
Scholarship Support
-
Scottsdale Community College
$1,565
Scholarship Support
-
Glendale Community College
$427
Scholarship Support
-
Paradise Valley Community College
$40
Scholarship Support
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441369349311639
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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