EIN 14-1798234

Gerry Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1997
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Gerry Foundation is a nonprofit organization located in Liberty, NY that enhances the appearance of Sullivan County while fostering community development and collaboration. The foundation's purpose is tocapitalized costs associated with the building of an animal shelter for the town of liberty, ny. The town of liberty identified the need for an animal shelter and the Gerry Foundation agreed to help finance the project. Last year, the foundation made 110 grants and its grantees include Bethel Woods Center for the Arts.
Total revenues
$6,278,007
2023
Total expenses
$10,216,870
2023
Total assets
$107,244,998
2023
Num. employees
0
2023

Program areas at Gerry Foundation

Sullivan renaissance - program intended to enhance the appearance of sullivan county while fostering community development and collaboration. Sullivan renaissance is a beautification and community development program that provides communities in sullivan county with seed money for beautification projects. A limited number of proposals are funded each year under a competitive process overseen by the sullivan renaissance program. For the most part, the Gerry Foundation will make grants to 501(c)(3) charities and/other organizations to facilitate the beautification program; however, the Foundation will, at times, incur direct expenditures related to the beautification projects. On part xv of the form 990-pf, a variety of grants are listed to organizations that are not public charities. For the year ending december 31, 2022, expenditure responsibility reporting was maintained for these grants, which are included in statement 13.
Revenue from the walking, biking, and trail development program of sullivan renaissance for the benefit of the residents of the region.

Grants made by Gerry Foundation

GranteeGrant descriptionAmount
Sullivan 180Funding for Programs and Projects That Further the Mission To Improve the Health and Well-Being of the Residents of Sullivan County, Ny By Changing Policies, Systems and Programs That Will Improve Overall Quality of Life.$1,522,243
Bethel Woods Center for the ArtsIn June 2023, the Gerry Foundation Contributed Land To Bethel Woods Center for the Arts, Inc. With A Book Value of $4,096,144. Fair Market Value of the Land Per Appraisals Was Determined To Be $731,000. the Difference Between the Fair Market Value and the Foundation's Book Value Resulted in A Write-Down of $3,365,144.$731,000
Cornell UniversitySupport for the College of Veterinary Medicine$30,000
...and 1 more grant made

Personnel at Gerry Foundation

NameTitleCompensation
Denise FrangipaneExecutive Director / Assistant Program Di$147,464
Kathleen CapozzoliFiscal Manager$66,707
Anne-Louise ScandariatoVolunteer Program Ma$62,854
Carmela HugelBeautification Progr$65,308
Eric FrancesTreasurer$0
...and 1 more key personnel

Financials for Gerry Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,982,261
Investment income and dividends$2,847,690
Net rental income$52,200
Net gain from sale of non-inventory assets$-38,112
Gross sales of inventory$0
Miscellaneous revenues$433,968
Total revenues$6,278,007

Form 990s for Gerry Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-11-14990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-10990PFView PDF
2019-122021-06-15990PFView PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 22, 2024
Updated personnel
Identified 3 new personnel
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 5, 2023
Updated personnel
Identified 1 new personnel
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate operating foundationsCharities
Issues
Arts, cultural, and humanitiesCommunity improvement
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 311
Liberty, NY 12754
Metro area
Poughkeepsie-Newburgh-Middletown, NY
County
Sullivan County, NY
Phone
(845) 295-2400
IRS details
EIN
14-1798234
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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