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Also known as: FOUNDATION
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Geoffrey C And Kelly K Gage Familyfoundation is a private corporation based in MINNETONKA, MN. The foundation received its IRS ruling in 2007. The principal officer is Tonkawa Inc.. It holds total assets of $168K. Annual income is reported at $5K. Total assets have grown from $198K in 2011 to $289K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Geoffrey C And Kelly K Gage Familyfoundation has made 8 grants totaling $24K, with a median grant of $3K. Annual giving has grown from $8K in 2021 to $16K in 2022. Individual grants have ranged from $500 to $5K, with an average award of $3K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Minnesota and New York and Illinois. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Geoffrey C And Kelly K Gage Familyfoundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MN, NY, IL.
Geoffrey C And Kelly K Gage Familyfoundation has distributed a total of $24K across 8 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $500 to $5K.
Geoffrey C And Kelly K Gage Familyfoundation typically selects its grantees rather than accepting unsolicited proposals.
Geoffrey C And Kelly K Gage Familyfoundation is headquartered in MINNETONKA, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kelly K Gage | TRUSTEE, TREASURER | $0 | $0 | N/A |
| Geoffrey C Gage | TRUSTEE, PRESIDENT | $0 | $0 | N/A |
| C David Nelson | TRUSTEE, SECRETARY | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$289K
Fair Market Value
$289K
Net Worth
$288K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$13K
Total Grants
8
Total Giving
$24K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
5
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Bartholomew Catholic ChurchGENERAL OPERATING SUPPORT | Wayzata, MN | $5K | 2022 |
| Childhood UsaGENERAL OPERATING SUPPORT | New York, NY | $3K | 2022 |
| Benilde - St Margaret'S High SchoolGENERAL OPERATING SUPPORT | St Louis Park, MN | $4K | 2021 |
| Northwestern UniversityWEINBERG COLLEGE OF ARTS | Evanston, IL | $3K | 2021 |
| Minnehaha AcademyGENERAL OPERATING SUPPORT | Minneapolis, MN | $500 | 2021 |