Is G Zachary Gund Foundation Legit? —…

Strengths

Consistent reporting of 0% officer compensation, indicating highly efficient use of funds by not allocating to executive salaries.
Low liabilities, consistently reported as $1 in most recent filings, demonstrating strong financial management and minimal debt.
Long history of consistent IRS 990 filings (10 filings), indicating transparency and adherence to regulatory requirements.
Consistent level of expenses (e.g., $901,577 in 2023, $904,375 in 2022), suggesting a stable commitment to its grant-making activities despite revenue fluctuations.

Spending Breakdown

How G Zachary Gund Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about G Zachary Gund Foundation

Is G Zachary Gund Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, G Zachary Gund Foundation (EIN: 10752786) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is G Zachary Gund Foundation a good charity to donate to?

G Zachary Gund Foundation has a Mission Score of 85/100. Revenue: $1.8M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for G Zachary Gund Foundation?

The Employer Identification Number (EIN) for G Zachary Gund Foundation is 10752786. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does G Zachary Gund Foundation spend its money?

G Zachary Gund Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify G Zachary Gund Foundation's tax-exempt status?

You can verify G Zachary Gund Foundation's tax-exempt status using EIN 10752786 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The G Zachary Gund Foundation exhibits a fluctuating financial landscape, typical of a grant-making private foundation. While the organization consistently reports zero officer compensation, indicating efficient use of funds for administrative overhead related to executive salaries, its revenue has been highly volatile, including a significant negative revenue of $-194,170 in 2023. This volatility, coupled with expenses consistently in the high six figures (e.g., $901,577 in 2023 and $904,375 in 2022), suggests that the foundation relies heavily on investment performance or large, infrequent contributions to sustain its grant-making activities. The foundation's assets have also seen considerable shifts, decreasing from a high of $4,881,815 in 2020 to $2,934,975 in 2023, which warrants attention to its long-term financial stability and endowment management. The consistent reporting of minimal liabilities ($1 in most recent years) is a positive indicator of financial health and low debt burden.

The foundation's NTEE code T22 (Private Grantmaking Foundations) implies that its primary 'program service' is making grants. Without detailed breakdowns of grant distributions versus administrative costs within the reported expenses, it's challenging to precisely assess spending efficiency beyond the absence of executive compensation. However, the consistent expenses around $700,000-$900,000 annually, even with negative revenue years, suggests a commitment to its grant-making activities. The transparency of its 990 filings, with consistent reporting over a decade, provides a good historical overview of its financial operations, though more granular expense details would enhance a full efficiency assessment.

Overall, the G Zachary Gund Foundation appears to be a well-established private foundation with a clear mission, as evidenced by its consistent grant-making expenses. Its financial health is characterized by significant asset fluctuations and revenue volatility, which are common for foundations dependent on investment returns. The lack of officer compensation is a strong positive for spending efficiency, and its consistent 990 filings demonstrate a commitment to transparency.

Is G Zachary Gund Foundation Legit?

Verdict: G Zachary Gund Foundation appears trustworthy

Red Flags