Cause IQ organization profile

The Gerber Foundation

Form 990s | Financials | Vendors | Peers

The Gerber Foundation is a private foundation based in Fremont, MI that was founded in 1954. As of 2019 they had $6.3 million in revenue and $84 million in assets.

EIN:

38-6068090

City:

State:

Metro:

Website:

Facebook:

facebook.com/gerber-foundation

Founded:

1954

Type:

501(c)(3)

NTEE:

T20: Private foundations

Revenue:

$6,347,690

Assets:

$84,882,956

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for The Gerber Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 24, 2020	990PF	View PDF
2017-12	Dec 22, 2018	990PF	View PDF
2016-12	Dec 1, 2017	990PF	View PDF
2015-12	Feb 17, 2017	990PF	View PDF
2014-12	Feb 10, 2016	990PF	View PDF
...and three more Form 990 PDFs

Financials for The Gerber Foundation

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Investment income and dividends	$295,989	$339,243	-12.8%
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$5,713,615	$6,582,658	-13.2%
Gross sales of inventory	$0	$0
Miscellaneous revenues	$338,086	$878,598	-61.5%
Total revenues	$6,347,690	$7,800,499	-18.6%

Field	2018	2017	% Change
Compensation of current officers, etc.	$0	$0
Non-officer salaries and wages	$98,849	$95,345	3.7%
Pension/retirement accruals and contributions	$24,195	$24,556	-1.5%
Legal fees	$0	$0
Accounting fees	$39,205	$40,170	-2.4%
Other fee-for-service	$0	$0
Interest	$0	$0
Depreciation, amortization, etc.	$847	$922	-8.1%
Occupancy	$22,874	$26,693	-14.3%
Travel	$21,630	$25,818	-16.2%
Office expenses
Grants to all govts., orgs., and individuals	$3,091,115	$2,706,547	14.2%
All other expenses	$485,141	$466,076	4.1%
Total expenses	$3,785,764	$3,388,010	11.7%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$40,612	$71,087	-42.9%
Accounts receivable	$0	$0
Pledges and grants receivable	$0	$0
Loans receivable from officers, directors, etc.	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Investments in government obligations	$0	$0
Investments in corporate stock	$84,814,098	$82,206,244	3.2%
Investments in corporate bonds	$0	$0
Investments in land, buildings, and equipment	$0	$0
Investments in mortgage loans	$0	$0
Other types of investments	$0	$0
Buildings, equipment, etc. post-depreciation	$1,089	$1,937	-43.8%
Other assets	$27,157	$40,736	-33.3%
Total assets	$84,882,956	$82,320,004	3.1%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$3,913	$2,887	35.5%
Grants payable	$0	$0
Deferred revenue	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$3,913	$2,887	35.5%

Field	2018	2017	% Change
Unrestricted net assets	$84,879,043	$82,317,117	3.1%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for The Gerber Foundation

Vendor	Services	Date
WordPress	Content management system software	2020-06-16
███ █████████ ██	Tax accounting	2019-10-31
█████████ ████████	Software	2018-10-04

Peer private foundations

	Name	Type	Revenue	Location
1	Douglas F Allison Foundation	501(c)(3)	$2.8 million	Bloomfield Hills, MI
2	William Davidson Foundation	501(c)(3)	$22 million	Troy, MI
3	Vattikuti Foundation	501(c)(3)	$2.3 million	Southfield, MI
4	The Isabel Foundation	501(c)(3)	$3.1 million	Flint, MI
5	Steve and Amy Van Andel Foundation	501(c)(3)	$12 million	Grand Rapids, MI
6	Madeleine and Mandell L Berman Foundation	501(c)(3)	$7.4 million	Novi, MI
7	Allen E and Marie A Nickless Memorial Foundation	501(c)(3)	$1.8 million	Saginaw, MI
8	Edward and Helen Mardigian Foundation	501(c)(3)	$2.6 million	Detroit, MI
9	Herrick Foundation	501(c)(3)	$10 million	Detroit, MI
10	Carls Foundation	501(c)(3)	$6.2 million	Bloomfield Hills, MI
11	The Wege Foundation	501(c)(3)	$31 million	Grand Rapids, MI
12	Charles J Strosacker Foundation	501(c)(3)	$7.0 million	Midland, MI
13	Perkins Malo Hunter Foundation	501(c)(3)	$12 million	Holland, MI
14	Wayne and Joan Webber Foundation	501(c)(3)	$3.1 million	Clinton Township, MI
15	Allen Family Foundation	501(c)(3)	$2.7 million	Bloomfield Hills, MI
16	Whirlpool Corporation	501(c)(3)	$7.9 million	Benton Harbor, MI
17	Kalamazoo Promise	501(c)(3)	$15 million	Kalamazoo, MI
18	Gilbert Family Foundation	501(c)(3)	$3.2 million	Detroit, MI
19	Two Fish Foundation	501(c)(3)	$2.0 million	Ada, MI
20	Perrigo Company Charitable Foundation	501(c)(3)	$2.5 million	Allegan, MI
21	Steelcase Foundation	501(c)(3)	$6.0 million	Grand Rapids, MI
22	Harvey Randall Wickes Foundation	501(c)(3)	$1.6 million	Saginaw, MI
23	Sage Foundation	501(c)(3)	$1.6 million	Brighton, MI
24	Silverwing Foundation	501(c)(3)	$10 million	Ada, MI
25	GHS Foundation	501(c)(3)	$2.8 million	Houston, TX

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Cause IQ organization profile

The Gerber Foundation

Form 990s for The Gerber Foundation

Financials for The Gerber Foundation

Vendors for The Gerber Foundation

Peer private foundations

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