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Filing year 2024

GIG FOUNDATION INC

Lake Leelanau, Michigan·EIN 86-3264211·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.1M
Total assets
$13.5M
Total expenses
$1.1M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. GIG FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President/director
Treasurer/director
Secretary/vp/director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1M

Itemized grants

6

Median grant

$3k

RecipientLocationPurposeAmount
JONI & FRIENDSAGOURA HILLS, CAGREATEST NEED$1M
WOMEN'S RESOURCE CENTERTRAVERSE CITY, MIGREATEST NEED$11k
KIDS FIRST UGANDASUTTONS BAY, MIGREATEST NEED$3k
PEACE RANCHTRAVERSE CITY, MIGREATEST NEED$3k
THE FATHER FRED FOUNDATIONTRAVERSE CITY, MIGREATEST NEED$2k
BRICKWAYSTRAVERSE CITY, MIGREATEST NEED$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

GIG FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$8k
$4k
2022
$8.9M
$23k
2023
$2.1M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

GIG FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about GIG FOUNDATION INC

What are GIG FOUNDATION INC's revenue and expenses?

In 2024, GIG FOUNDATION INC reported $2.1M in total revenue and $1.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.