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Edward J Gallagher Jr Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521171984 ✦ Towson, MD ✦ Designated as a 501(c)(3)

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Overview

What is Edward J Gallagher Jr Foundation Inc?

The Edward J Gallagher Jr Foundation Inc, based in Towson, Maryland, is a nonprofit organization established with the intention to support five designated public charities as outlined in the last will of Edward J. Gallagher Jr. Their primary objectives include purchasing valuable international paintings, sculptures, and other works of art to enrich educational experiences. Furthermore, they provide funding for guest speakers in the art world, cover expenses, and equip students in arts and crafts. The foundation also supports a children's dance program, providing necessary resources for film production and maintaining the Gallagher Collection.

Is Edward J Gallagher Jr Foundation Inc legitimate?

Edward J Gallagher Jr Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edward J Gallagher Jr Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Edward J Gallagher Jr Foundation Inc?

The Edward J Gallagher Jr Foundation Inc is dedicated to supporting five specific public charities as outlined in Edward J. Gallagher, Junior's last will and testament. One of its primary objectives is to fund the acquisition of valuable international paintings, works of sculpture, and other artistic pieces at the University of Arizona. Additionally, the foundation provides financial aid for educational speakers in the art world, covers expenses, and offers necessary equipment for students involved in arts and crafts. The foundation also supports a children's dance program and provides funds for filmmaking and equipment for the Gallagher Collection.

Who is the CEO of Edward J Gallagher Jr Foundation Inc?

David Stokes is the President / Director of Edward J Gallagher Jr Foundation Inc.

What is the revenue of Edward J Gallagher Jr Foundation Inc?

Edward J Gallagher Jr Foundation Inc's revenue in 2022 was $616,732.

Who are the executives of Edward J Gallagher Jr Foundation Inc and what are their salaries?

There 7 volunteers at Edward J Gallagher Jr Foundation Inc.


Here are 7 key members and their salaries:


David Stokes (President / Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Stokes (Vp / Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Lounibos (Secretary / Treasurer / Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chiristopher Bedford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Warnack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Trzcinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Mccleary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Edward J Gallagher Jr Foundation Inc?

Edward J Gallagher Jr Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Edward J Gallagher Jr Foundation Inc

The Edward J Gallagher Jr Foundation Inc, as per its mission, is dedicated to providing support for five specifically named public charities as outlined in the last will and testament of Edward J Gallagher Jr. The primary focus of this foundation is to contribute to various educational and artistic initiatives. One of its key objectives is to support the University of Arizona by purchasing valuable international paintings, sculptures, and other works of art. Furthermore, the foundation aims to fund educational speakers in the realm of art, help cover expenses, and provide necessary equipment for students involved in arts and crafts.

Additionally, the Edward J Gallagher Jr Foundation Inc has a commitment towards children's dance programs. It provides funds for these initiatives, ensuring that young dancers have the necessary resources to grow and excel in their craft. Furthermore, the foundation supports filmmaking by funding equipment for the Gallagher Collection. By providing these resources, the Edward J Gallagher Jr Foundation Inc plays an essential role in fostering creativity and education in the fields of art and dance.

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Impact




October, 2024

The Edward J Gallagher Jr Foundation Inc significantly impacts the arts and education sectors through its support of various public charities. Its funding enables the University of Arizona to acquire international paintings, sculptures, and other artworks, enriching cultural resources and enhancing educational experiences. Additionally, the foundation allocates resources for hosting educational speakers in the art world, fostering knowledge and appreciation of artistic disciplines.

The foundation also prioritizes the development of arts and crafts by providing necessary equipment and defraying expenses for students, which contributes to skill-building and creativity among young individuals. Moreover, it supports children's dance programs and films, ensuring that the arts remain accessible and vibrant within the community. Overall, the foundation's initiatives not only preserve and promote artistic endeavors but also nurture the next generation of artists and art enthusiasts.




This information is meant to be a general summary of Edward J Gallagher Jr Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$616,732 (2022)
Expenses
$321,019 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $616,732
  • Gross Receipts: $1,247,900

Assets and Liabilities:

  • Total Assets: $15,324,526
  • Total Liabilities: $0
  • Net Assets: $15,324,526

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Organization Details

Founding Year

1979

Principal Officer

David Stokes

Main Address

705 YORK ROAD, TOWSON, MD, 21204

NTEE Category

Code: T90Z - Philanthropy

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