William J Gasser Family Foundation

Arlington Hts, IL
Tax-exempt since Feb. 2000
EIN: 36-4332515

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$303k (2024)

Expenses

$221k (2024)

Total Assets

$1.45M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$302,918

Expenses

$221,425

Net Income

$81,493

Net Assets

$1,450,553

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	1.7%
Interest Revenue	$5,106	1.7%
Dividends	$27,622	9.1%
Sales of Assets	$24,252	8.0%
Other Income	$240,938	79.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$71,062	32.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,450,553
Total Liabilities	$0
Net Assets	$1,450,553

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on May 15, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$271,073

Expenses

$254,271

Net Income

$16,802

Net Assets

$1,369,060

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,000	2.2%
Interest Revenue	$3,769	1.4%
Dividends	$21,165	7.8%
Sales of Assets	$16,759	6.2%
Other Income	$223,380	82.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$62,117	24.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,369,060
Total Liabilities	$0
Net Assets	$1,369,060

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on May 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2022

Revenue

$295,698

Expenses

$260,056

Net Income

$35,642

Net Assets

$1,352,258

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,030	2.4%
Interest Revenue	$892	0.3%
Dividends	$15,173	5.1%
Sales of Assets	$32,374	10.9%
Other Income	$240,229	81.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$60,205	23.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,352,258
Total Liabilities	$0
Net Assets	$1,352,258

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on May 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$242,501

Expenses

$146,845

Net Income

$95,656

Net Assets

$1,316,616

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,000	2.5%
Interest Revenue	$305	0.1%
Dividends	$28,802	11.9%
Sales of Assets	$24,906	10.3%
Other Income	$182,488	75.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$62,200	42.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,316,616
Total Liabilities	$0
Net Assets	$1,316,616

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$138,500

Expenses

$116,937

Net Income

$21,563

Net Assets

$1,220,959

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	3.6%
Interest Revenue	$464	0.3%
Dividends	$11,955	8.6%
Sales of Assets	$28,329	20.5%
Other Income	$92,752	67.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$56,074	48.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,220,960
Total Liabilities	$1
Net Assets	$1,220,959

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on May 14, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$206,524

Expenses

$175,319

Net Income

$31,205

Net Assets

$1,199,396

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,173	2.5%
Interest Revenue	$1,088	0.5%
Dividends	$13,319	6.4%
Sales of Assets	$18,168	8.8%
Other Income	$168,776	81.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$45,251	25.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,199,397
Total Liabilities	$1
Net Assets	$1,199,396

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on Sept. 8, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$206,682

Expenses

$370,670

Net Income

-$163,988

Net Assets

$1,168,192

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,825	2.8%
Interest Revenue	$2,306	1.1%
Dividends	$11,198	5.4%
Sales of Assets	$13,928	6.7%
Other Income	$173,425	83.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$42,590	11.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,168,192
Total Liabilities	$0
Net Assets	$1,168,192

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on May 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$41,958

Expenses

$327,814

Net Income

-$285,856

Net Assets

$1,391,867

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$88,744	> 100%
Interest Revenue	$2,133	5.1%
Dividends	$12,040	28.7%
Sales of Assets	-$341,850
Other Income	$280,891	> 100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$42,470	13.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,391,867
Total Liabilities	$0
Net Assets	$1,391,867

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$257,889

Expenses

$322,329

Net Income

-$64,440

Net Assets

$1,729,308

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$65,172	25.3%
Interest Revenue	$1,519	0.6%
Dividends	$9,144	3.5%
Sales of Assets	$5,811	2.3%
Other Income	$176,243	68.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$36,252	11.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,729,308
Total Liabilities	$0
Net Assets	$1,729,308

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0
Daniel Duncan (Trustee)	$0	$0

990-PF

Filed on May 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$255,978

Expenses

$370,853

Net Income

-$114,875

Net Assets

$1,793,748

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$91,518	35.8%
Interest Revenue	$1,036	0.4%
Dividends	$5,777	2.3%
Sales of Assets	$7,167	2.8%
Other Income	$150,480	58.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$36,387	9.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,793,748
Total Liabilities	$0
Net Assets	$1,793,748

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0

990-PF

Filed on Aug. 10, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

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Fiscal Year Ending Dec.
2014

Revenue

$1,961,204

Expenses

$247,810

Net Income

$1,713,394

Net Assets

$1,908,623

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,764,493	90.0%
Interest Revenue	$691	0.0%
Dividends	$11,547	0.6%
Sales of Assets	$1,048	0.1%
Other Income	$183,425	9.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,279	13.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,908,623
Total Liabilities	$0
Net Assets	$1,908,623

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0

990-PF

Filed on May 13, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$18,390

Expenses

$30,010

Net Income

-$11,620

Net Assets

$195,229

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$16,505	89.7%
Interest Revenue	$493	2.7%
Dividends	$1,063	5.8%
Sales of Assets	$329	1.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,000	100.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$195,229
Total Liabilities	$0
Net Assets	$195,229

Compensation

Key Employees and Officers	Compensation	Other
Carol Gasser (Officer)	$0	$0
Laurel A Gasser (President)	$0	$0

990-PF

Filed on May 13, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$39,120

Expenses

$28,000

Net Income

$11,120

Net Assets

$206,848

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$37,630	96.2%
Interest Revenue	$802	2.1%
Dividends	$688	1.8%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,000	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$206,849
Total Liabilities	$1
Net Assets	$206,848

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$41,811

Expenses

$25,000

Net Income

$16,811

Net Assets

$195,729

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$39,950	95.5%
Interest Revenue	$1,186	2.8%
Dividends	$675	1.6%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$195,729
Total Liabilities	$0
Net Assets	$195,729

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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William J Gasser Family Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $303k (2024)

Expenses $221k (2024)

Total Assets $1.45M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Revenue

$303k (2024)

Expenses

$221k (2024)

Total Assets

$1.45M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

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2022

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2021

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2020

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2019

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2018

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2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

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2009

Fiscal Year Ending Dec.
2008

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Fiscal Year Ending Dec.
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