Gryphon Assistance Fund

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

EIN: 850650301 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Gryphon Assistance Fund?

The Gryphon Assistance Fund is a charitable organization, headquartered in San Francisco, California. Its primary purpose is to offer financial aid to approximately 24,000 employees of Gryphon Advisors' portfolio companies who have been adversely affected by the COVID-19 pandemic. The fund also extends grants to other nonprofit organizations that manage employee assistance programs. In 2022, the fund extended aid to employees and families affected by the Ukraine invasion and supported international charitable institutions working on the ground to help the Ukrainian people. The Gryphon Assistance Fund was established to provide support for employees of Gryphon Advisors or its portfolio companies, their dependents, and spouses, as well as others who encounter disasters or emergency hardships.

Is Gryphon Assistance Fund legitimate?

Gryphon Assistance Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gryphon Assistance Fund 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 Gryphon Assistance Fund?

The Gryphon Assistance Fund's primary purpose is to offer support to employees of Gryphon Advisors II, LLC and its portfolio companies, their dependents, spouses, and others facing disasters or emergency hardships. During times of crisis, such as the COVID-19 pandemic, the fund provides financial assistance to affected individuals. Additionally, the fund grants funds to charities operating employee assistance programs. In 2022, the fund extended support to the employees and families of Gryphon and Gryphon Advisors portfolio companies impacted directly by the invasion of Ukraine, as well as international charitable institutions aiding the Ukrainian population.

Who is the CEO of Gryphon Assistance Fund?

R David Andrews is the Principal Officer of Gryphon Assistance Fund.

What is the revenue of Gryphon Assistance Fund?

Gryphon Assistance Fund's revenue in 2022 was $620,555.

Who are the executives of Gryphon Assistance Fund and what are their salaries?


Here are 3 key members and their salaries:


David R Andrews (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas A Orum (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Gillette (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gryphon Assistance Fund?

Gryphon Assistance Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gryphon Assistance Fund

The Gryphon Assistance Fund, as its purpose states, is established to offer support to employees of Gryphon Advisors II, LLC and its portfolio companies, their dependents and spouses, as well as others affected by disasters or emergency hardships. The organization's primary mission is to provide financial assistance to the approximately 24,000 employees of the Gryphon Advisors portfolio companies who have been significantly impacted by the COVID-19 pandemic. Beyond this, the Fund also extends grants to other charities operating employee assistance programs. In 2022, the Gryphon Assistance Fund extended its support to the employees and families of Gryphon and Gryphon Advisors portfolio companies who had been directly impacted by the invasion of Ukraine. Furthermore, the Fund provided aid to international charitable institutions working on the ground to assist the Ukrainian people.

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Impact




July, 2024

Gryphon Assistance Fund has made a significant impact by providing crucial financial assistance to employees and their families affected by disasters or emergency hardships, particularly during the COVID-19 pandemic. Additionally, the fund has extended support to charitable organizations operating employee assistance programs, thus positively impacting a broader community. In 2022, the fund's outreach expanded to include aiding those impacted by the invasion of Ukraine, demonstrating a commitment to global humanitarian efforts. Through its initiatives, Gryphon Assistance Fund has effectively supported individuals facing challenging circumstances, underscoring its dedication to public safety and welfare.




This information is meant to be a general summary of Gryphon Assistance Fund. 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
$620,555 (2022)
Expenses
$633,155 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $620,555

Assets and Liabilities:

  • Total Assets: $21,392
  • Total Liabilities: $23,305
  • Net Assets: -$1,913

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Organization Details

Founding Year

2020

Principal Officer

R David Andrews

Main Address

ONE MARITIME PLAZA SUITE 2300, SAN FRANCISCO, CA, 94111

NTEE Category

Code: M12 - Public safety

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