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OWEN T & ALICE M GORMAN TESTAMENTARY CHARITABLE TR U/W/O ALICE M GORMAN

OWEN T & ALICE M GORMAN TESTAMENTARY CHARITABLE TR U/W/O ALICE M GORMAN

Oneida, NY, US
•
a.k.a The Gorman Foundation
•
501(c)3
•
EIN
22-6927092
•
WWW.GORMANFOUNDATION.ORG
•
Open for Solicitation
Private Foundation
Regional Funder
funder logo

OWEN T & ALICE M GORMAN TESTAMENTARY CHARITABLE TR U/W/O ALICE M GORMAN

Oneida, NY, US
•
a.k.a The Gorman Foundation
•
501(c)3
•
EIN
22-6927092
•
WWW.GORMANFOUNDATION.ORG
•
Open for Solicitation
Private Foundation
Regional Funder
Overview
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Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$12,200,742

Investments
96%
Other Assets
2%
Cash & Equivalents
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$679,320

Other Liabilities
86%
Grants Payable
13%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$325,095
$225,222
-31%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,048
-
-
Investments
$12,394,127
$11,689,254
-6%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$293,647
$286,266
-3%
Total Assets
$13,013,917
$12,200,742
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$5,559
$4,326
-22%
Grants Payable
$435,067
$88,540
-80%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$815,454
$586,454
-28%
Total Liabilities
$1,256,080
$679,320
-46%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$11,757,837
$11,521,422
-2%
Net assets
2023
2024
Change
Net assets
+$11,757,837
+$11,521,422
-2%
Balance Sheet
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