funder logo

THE GILBERT FAMILY FOUNDATION

THE GILBERT FAMILY FOUNDATION

Detroit, MI, US
501(c)3
EIN
35-7294609
Private Foundation
Family Foundation
Regional Funder
funder logo

THE GILBERT FAMILY FOUNDATION

Detroit, MI, US
501(c)3
EIN
35-7294609
Private Foundation
Family Foundation
Regional Funder

Balance Sheet

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

$53,066,194

Cash & Equivalents
48%
Investments
34%
Receivables (Non-Related)
17%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$51,023,958

Grants Payable
>99%
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%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$8,927,957
$25,649,508
+187%
Receivables (Non-Related)
$9,187,142
$9,189,997
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$266,744
$14,900
-94%
Investments
$18,609,695
$18,211,789
-2%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$36,991,538
$53,066,194
+43%
Liabilities
2023
2024
Change
Payables & Accruals
$558,930
$452,819
-19%
Grants Payable
$70,687,748
$50,571,139
-28%
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
-
-
-
Total Liabilities
$71,246,678
$51,023,958
-28%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
-$34,255,140
+$2,042,236
-106%
Balance Sheet
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