Gulf Power Foundationinc

Pensacola, FLPrivate foundation / grantmakerEIN 59-2817740Revenue $36K in FY2021

On file with the IRS500 Bayfront Parkway · Pensacola, FL

This page gets seen. Tell your story. Claim this org.

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990-PF
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $1.5M a year · 2354% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
990-PF Pt I · 2 filings
Named funders
1
named funder · $19K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$36K
-60% vs prior year
Spent
$1.6M
Net assets
$0
By yearFY2020–FY2021
Revenue
$36K
FY2021▼ -60%
Tap a bar for its year
Revenue by fiscal year
FY2020$89K
FY2021$36K
Expenses
$1.6M
FY2021▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.6M
Net assets
$0
FY2021▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.2M
FY2021$0

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 100% · $1.6M Operating & administrative 0% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

5 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Assistant Secretary
$0Pt VII · Sec A
See Gulf Power Foundationinc executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Programs and updates

A private foundation based in Pensacola, FL.

Questions for Gulf Power Foundationinc

Tap to ask. Gulf Power Foundationinc sees how many people are interested.

Your first name shows with your question. Gulf Power Foundationinc answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 71 grants · $1.6M · 2021–2021
Hsu Educational FoundationFY2021$210,000
Early Learning Coalition of Escambia CountyFY2021$60,000
Achieve Escambia INCFL · FY2021$45,000
University of West Florida FoundationFY2021$44,898
Northwest Florida State College FoundationFY2021$30,000
Gulf Coast State College FoundationFY2021$30,000
Alignment Bay County INCFL · FY2021$30,000
Santa Rosa Kids' House INCFL · FY2021$25,000
Gulf Coast Kids House INCFL · FY2021$25,000
See all 71 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV32
Average grantPart XV$23K
Median grantPart XV$10K
Largest grantPart XV$210K
Top cause focusNTEEEducation (13%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$36K
Investment income$36K
Money out
$1.6M
Grants paid$1.6M
Running costs$1K
Owns and owes
$0
net assets
Total assets$0
Liabilities$0
People
5
listed
Paid0
2In more detail
Revenue in detail
Investment income$36K
Total revenue$36K
Assets in detailEnd of year
Total assets$0
Liabilities$0
Net assets$0
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $36K$1.6M−$1.6M$0 990 PDF
FY2020 $89K$1.4M−$1.3M$5.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.