Genevieve and Donald S Gilmore Foundation is a 501(c)(3) organization based in Hickory Crnrs, Michigan, registered in 1968, with $6,764,648 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$6.8M
▲ 100.4% vs prior year
Expenses (FY2024)
$4.6M
Net assets
$22.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Genevieve and Donald S Gilmore Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Genevieve and Donald S Gilmore Foundation: 58 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Genevieve and Donald S Gilmore Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Genevieve and Donald S Gilmore Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.0M (FY2013) to $6.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
32.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22.8M
Total liabilities
$687K
Net assets
$22.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,764,648▲100% | $4,593,185▲7.7% | $22,144,668▲9.9% | $22,831,240▲8.0% | 990PF |
| 2023 | $3,374,911▲51.2% | $4,265,704▲4.1% | $20,141,016▼21.9% | $21,141,873▼21.1% | 990PF |
| 2022 | $2,231,387▼58.7% | $4,099,618▲14.0% | $25,791,680▼14.9% | $26,802,315▼13.3% | 990PF |
| 2021 | $5,407,899▲58.5% | $3,595,204▲17.5% | $30,297,861▲4.9% | $30,900,883▲4.4% | 990PF |
| 2020 | $3,411,516▲37.4% | $3,059,087▼5.2% | $28,894,067▲9.6% | $29,604,078▲11.3% | 990PF |
| 2019 | $2,482,292▼58.8% | $3,226,445▲21.7% | $26,367,446▲5.7% | $26,601,419▲5.9% | 990PF |
| 2018 | $6,018,943▲88.2% | $2,650,624▲3.6% | $24,950,804▲11.1% | $25,108,789▲11.0% | 990PF |
| 2017 | $3,198,268▲43.3% | $2,558,880▲9.9% | $22,466,541▲12.3% | $22,626,464▲7.7% | 990PF |
| 2016 | $2,231,977▼34.4% | $2,327,985▲11.9% | $20,009,511▲0.1% | $21,011,604▲0.2% | 990PF |
| 2015 | $3,401,655▼27.3% | $2,080,339▲1.1% | $19,983,260▲5.3% | $20,972,060▲5.8% | 990PF |
| 2014 | $4,681,120▲133% | $2,058,620▲3.5% | $18,972,222▲16.1% | $19,827,244▲14.8% | 990PF |
| 2013 | $2,007,980 | $1,989,490 | $16,347,503 | $17,269,438 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
15 grants to Genevieve and Donald S Gilmore Foundation totaling $1.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $15,750 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $6,100 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $40,289 |
| Kalamazoo Community Foundation | Arts, culture & humanities | 2022 | $5,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $101,650 |
| New Hampshire Charitable Foundation | For the horseless carriage museum | 2021 | $12,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,750 |
| Kalamazoo Community Foundation | Arts, culture & humanities | 2020 | $1,000,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2019 | $5,350 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $5,250 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2018 | $41,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2017 | $35,000 |
| Kalamazoo Community Foundation | Arts, culture, humanities | 2014 | $5,000 |
| Kalamazoo Community Foundation | Arts, culture, humanities | 2014 | $5,000 |
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Data for Genevieve and Donald S Gilmore Foundation (EIN 38-6154163) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.