Julio R Gallo Foundation

Tax-deductible

Modesto, CA501(c)(3)EIN 94-6061539Revenue $1.2M in FY2025

On file with the IRSPo Box 1130, 95353-1130 · Modesto, CATax-exempt since Jul 1957Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $478K a year · 153% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+241% vs prior year
Spent
$870K
Net assets
$10.0M
By yearFY2020–FY2025
Revenue
$1.2M
FY2025▲ +241%
Tap a bar for its year
Revenue by fiscal year
FY2020−$1.6M
FY2021$1.0M
FY2022$577K
FY2023$252K
FY2024$363K
FY2025$1.2M
Expenses
$870K
FY2025▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$676K
FY2021$772K
FY2022$801K
FY2023$788K
FY2024$832K
FY2025$870K
Net assets
$10.0M
FY2025▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$10.6M
FY2021$10.9M
FY2022$10.7M
FY2023$10.1M
FY2024$9.7M
FY2025$10.0M

From the FY2025 Form 990 (year ending October 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1957.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 86% · $750K Operating & administrative 14% · $120K

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

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Who runs it and what they're paid

4 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Julio R Gallo Foundation executive salaries →

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Programs and updates

A private foundation based in Modesto, CA.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 111 grants · $750K · 2024–2024
Oregon State University FoundationFY2024$50,000
Dynamic Catholic InstituteFY2024$50,000
Ag One College DevelopmentFY2024$43,000
Color the Skies GuildFY2024$30,000
Individual RecipientFY2024$26,250
University of the PacificFY2024$25,000
Robert Louis Stevenson SchoolFY2024$25,000
Tunnels to Towers FoundationFY2024$23,750
The Redford CenterFY2024$20,000
Sonoma State UniversityFY2024$20,000
Ripon Christian SchoolsFY2024$20,000
Plant-A-Seed FoundationFY2024$20,000
Hawaiian Legacy Reforestation ProgramFY2024$18,750
Individual RecipientFY2024$16,500
Redwood Empire Food BankFY2024$16,000
Modesto Gospel MissionFY2024$15,000
Individual RecipientFY2024$15,000
Community Hospice INCFY2024$15,000
See all 111 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$7K
Median grantPart XV$2K
Largest grantPart XV$50K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$1.2M
Investment income$1.2M
Other income$44
Money out
$870K
Grants paid$750K
Running costs$120K
Owns and owes
$10.0M
net assets
Cash and savings$250K
Total assets$10.0M
Liabilities$0
People
4
listed
Paid0
2In more detail
Revenue in detail
Investment income$1.2M
Other income$44
Total revenue$1.2M
Assets in detailEnd of year
Cash and savings together$250K
Total assets$10.0M
Liabilities$0
Net assets$10.0M
Operations
Fiscal year endsOctober

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.2M$870K$368K$10.0M 990 PDF
FY2024 $363K$832K−$469K$9.7M 990 PDF
FY2023 $252K$788K−$536K$10.1M 990 PDF
FY2022 $577K$801K−$224K$10.7M 990 PDF
FY2021 $1.0M$772K$250K$10.9M 990 PDF
FY2020 −$1.6M$676K−$2.3M$10.6M 990 PDF

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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) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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