Nonprofit · EIN 20-5632706
GAINEY FOUNDATION
Tax-exempt · MILWAUKEE, WI 53201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,218,539 | $2,480,177 | -$261,638 | $37,952,097 | $0 | $37,952,097 |
| December 31, 2023 | 990-PF | $1,421,386 | $2,451,616 | -$1,030,230 | $38,225,223 | $0 | $38,225,223 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,500,184
- Net gain from sales of assets
- $718,355
Expenses
- Grants and similar amounts paid
- $1,926,000
- Compensation of officers, directors and key employees
- $191,000
- Disbursements for charitable purposes
- $2,203,212
- Excise tax on investment income
- $27,133
Balance sheet and other
- Total assets, start of year
- $38,225,223
- Total assets, end of year
- $37,952,097
- Total liabilities, end of year
- $0
- Net assets, end of year
- $37,952,097
- Fair market value of assets
- $50,044,201
- Qualifying distributions
- $2,203,212
- Net investment income
- $2,199,864
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL H GAINEY 817 ARBOLADO ROAD, SANTA BARBARA, CA 93103 | PRESIDENT & TRESURER | 16 | $166,000 |
| DIANE P GAINEY 817 ARBOLADO ROAD, SANTA BARBARA, CA 93103 | VP & SECRETARY | 2 | $10,000 |
| WILIAM K RODGERS 25 WEST PADRE ST, SANTA BARBARA, CA 93105 | BOARD MEMBER | 2 | $10,000 |
| MORGAN GAINEY 2206 138TH AVE SE, BELLEVUE, WA 98005 | BOARD MEMBER | 2 | $5,000 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL H GAINEY 817 ARBOLADO ROAD, SANTA BARBARA, CA 93103 | PRESIDENT & TRESURER | 16 | $166,000 |
| DIANE P GAINEY 817 ARBOLADO ROAD, SANTA BARBARA, CA 93103 | VP & SECRETARY | 2 | $10,000 |
| WILIAM K RODGERS 25 WEST PADRE ST, SANTA BARBARA, CA 93105 | BOARD MEMBER | 2 | $10,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 634, MILWAUKEE, WI 53201-0634
- In care of
- % ELAINE F STEPANEK
- Signed the 990-PF
- DANIEL H GAINEY, PRESIDENT & TRE
- Phone
- (855) 452-4015
- Return prepared by
- PWC US TAX LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-5632706
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $37,952,097
- Income (IRS master file)
- $11,261,116
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,218,539 | $2,480,177 | $37,952,097 | IRS |
| 990-PF | December 2023 | $1,421,386 | $2,451,616 | $38,225,223 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5632706).
Questions about GAINEY FOUNDATION
- What is the EIN of GAINEY FOUNDATION?
- The employer identification number (EIN) of GAINEY FOUNDATION is 20-5632706.
- Is GAINEY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to GAINEY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GAINEY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GAINEY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GAINEY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of GAINEY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $166,000 (DANIEL H GAINEY, PRESIDENT & TRESURER).
- How much revenue does GAINEY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,218,539, expenses of $2,480,177 and total assets of $37,952,097 at year end.
Other nonprofits in MILWAUKEE
- GREATER MILWAUKEE FOUNDATION INC EIN 39-6036407 · last filed 990 for 2024
- BRADLEY IMPACT FUND INC EIN 45-4678325 · last filed 990 for 2024
- ALFRED AND ISABEL BADER 2014 CHARITABLE TRUST EIN 47-1295073 · last filed 990-PF for 2025
- ISABEL BADER 2021 CHARITABLE TR EIN 88-6725502 · last filed 990-PF for 2024
- LYNDE AND HARRY BRADLEY FOUNDATION INC EIN 39-6037928 · last filed 990-PF for 2024
- U S BANCORP FOUNDATION EIN 41-1359579 · last filed 990-PF for 2024
- UNITED WAY OF GREATER MILWAUKEE & WAUKESHA COUNTY INC EIN 39-0806190 · last filed 990 for 2025
- RDK FOUNDATION EIN 39-1524311 · last filed 990-PF for 2025
All nonprofits in MILWAUKEE · Wisconsin · Philanthropy, voluntarism and grantmaking foundations