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Richard C And Britt L Gage Family Foundation 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 $324K. Annual income is reported at $12K. Total assets have grown from $237K in 2011 to $297K 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. The foundation primarily funds organizations in Minnesota, California and New York. According to available records, Richard C And Britt L Gage Family Foundation has made 19 grants totaling $59K, with a median grant of $3K. Annual giving has decreased from $18K in 2021 to $15K in 2023. Grantmaking activity was highest in 2022 with $26K distributed across 10 grants. Individual grants have ranged from $260 to $10K, with an average award of $3K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Minnesota, New York, Florida, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$6K
Largest Grant
$25K
Based on 7 grants from the most recent 990-PF filing.
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.
Richard C And Britt L Gage Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in MN, NY, FL.
Richard C And Britt L Gage Family Foundation has distributed a total of $59K across 19 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $260 to $10K.
Richard C And Britt L Gage Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard C And Britt L Gage Family Foundation is headquartered in MINNETONKA, MN. While based in MN, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Britt L Gage | TRUSTEE, TREASURER | $0 | $0 | N/A |
| Richard C Gage | TRUSTEE, PRESIDENT | $0 | $0 | N/A |
| C David Nelson | TRUSTEE, SECRETARY | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$297K
Fair Market Value
$297K
Net Worth
$297K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$14K
Total Grants
19
Total Giving
$59K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mn SnapGeneral Operating Support | Minneapolis, MN | $10K | 2023 |
| Rescue AllianceCentral Coast Herding Dog Rescue | Templeton, CA | $3K | 2023 |
| Childhood UsaGENERAL OPERATING SUPPORT | New York, NY | $2K | 2023 |
| Save The Brays Donkey RescueGENERAL OPERATING SUPPORT | Milaca, MN | $4K | 2022 |
| Amandas Farm Animal RescueGENERAL OPERATING SUPPORT | Independence, MN | $3K | 2022 |
| Constellation FundGENERAL OPERATING SUPPORT | Minneapolis, MN | $3K | 2022 |
| Breck SchoolGENERAL OPERATING SUPPORT | Minneapolis, MN | $5K | 2021 |
| Bollettieri Family Foundation IncGENERAL OPERATING SUPPORT | Bradenton, FL | $5K | 2021 |
| Country Roads Animal RescueGENERAL OPERATING SUPPORT | Mcloud, OK | $2K | 2021 |
| Inner City TennisSKIP GAGE MEMORIAL FUND | Minneapolis, MN | $1K | 2021 |
| American Cancer Society Midwest DivisionGENERAL OPERATING SUPPORT | Atlanta, GA | $260 | 2021 |