Nonprofits/Organizations/38-3251051
Active
501(c)(3)
T30I
Form 990

The Gilmour-Jirgens Fund

EIN 38-3251051DETROIT, MI 48226Founded 1995WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

SUPPORTED CHARITABLE ORGANIZATIONS AND ACTIVITIES THROUGH THE AWARDING OF 42 GRANTS TO 34 DIFFERENT ORGANIZATIONS TOTALING $191,500.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$92K

+64.9%YoY

Total Expenses

$198K

+1.0%YoY

Net Assets

$1.5M

-6.7%YoY

Employees

0

Volunteers

5

Grants Paid

$192K

Program Expense Ratio

96.7%

This nonprofit profile presents IRS Form 990 tax filing data for The Gilmour-Jirgens Fund (EIN: 38-3251051), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +64.9% to $92K
Program spending ratio of 96.7% — excellent
93.7 months of operating reserves — strong cushion
Expenses increased +1.0% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy not in place
Financial statements independently audited
6-member board, 5 independent

Compensation

Top compensation: $719,647 (SECRETARY/TREASURER/DIRECTOR)
Top exec pay is 363.5% of total expenses — elevated
Schedule J filed for 1 individual — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
96.7% of spending goes to programs
No programs generate independent revenue
$192K in grants paid to other organizations
5 volunteers engaged

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
0.7 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets declining over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
Family or business relationships among officers/directors

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

The Gilmour-Jirgens Fund is a 501(c)(3) nonprofit headquartered in DETROIT, MI, founded in 1995. The organization has held tax-exempt status since 1995. In its 2024 filing, the organization reported $92K in total revenue, a 64.9% increase from the prior year, and $198K in total expenses. The organization engaged 5 volunteers. RICHARD L DEVORE, SECRETARY/TREASURER/DIRECTOR, is the highest-compensated individual at $719,647. The organization runs 1 program, totaling $192K in program expenses. 3 of 6 recommended governance policies are in place.

The Gilmour-Jirgens Fund is classified under NTEE code T30I. Its foundation type is 17.

Programs(Tax Year 2024)

1 record

Programs Overview

The Gilmour-Jirgens Fund operates 1 program, with total program expenses of $192K. The Gilmour-Jirgens Fund's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $191,500

FORTY-TWO GRANTS WERE MADE TO THIRTY-FOUR TAX-EXEMPT CHARITABLE ORGANIZATIONS TO SUPPORT CHARITABLE ACTIVITIES PRIMARILY IN SOUTHEASTERN MICHIGAN.

Financial Overview(Tax Years 2020–2024)

5 records

Financial Highlights

Over the past 5 years, The Gilmour-Jirgens Fund's revenue has grown from $37K to $92K, a 146.5% increase. Program expenses represent 97% of total spending.

Revenue increased 64.9% year-over-year, while expenses grew 1.0%. net assets fell to $1.5M, down 6.7% from the prior year.

The Gilmour-Jirgens Fund derives 100% from investment income.

The Gilmour-Jirgens Fund allocates 97% to programs, 3% to management and general.

Revenue grew by 64.9% while expenses grew by only 1.0%, suggesting improving operational efficiency.

The Gilmour-Jirgens Fund distributed $192K in grants to other organizations and individuals, representing 97% of total expenses.

Over 5 filings from 2020–2024, The Gilmour-Jirgens Fund grew revenue from $37K to $92K (+146.5%) while maintaining a program expense ratio of 97%.

The Gilmour-Jirgens Fund holds $1.5M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 93.7 months of operating reserves. Cash and equivalents of $12K cover approximately 0.7 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$92K$0$0$0$92K
2023$56K$0$0$0$56K
2022$-17K$0$0$0$-17K
2021$1.0M$1.0M$0$0$24K
2020$37K$0$0$0$37K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$198K$192K$6K$0$192K
2023$196K$190K$0$0$190K
2022$207K$198K$8K$0$198K
2021$218K$212K$6K$0$212K
2020$203K$197K$6K$0$197K

Program Expense Ratio

96.7%

Admin Expense Ratio

3.3%

Fundraising Efficiency

Operating Reserve

93.7 mo

People & Compensation(Tax Year 2024)

6 records

Compensation Summary

The Gilmour-Jirgens Fund reported compensation for 6 officers and key employees. Total officer compensation was $720K, representing 363.5% of total expenses. 1 individual received total compensation exceeding $500,000.

The Gilmour-Jirgens Fund's highest-compensated individual received $720K in total compensation. Total officer compensation of $720K represents 363.5% of total expenses. 1 individual received total compensation exceeding $500,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
RICHARD L DEVORESECRETARY/TREASURER/DIRECTOR
OfficerDirector
0.50$0$654,744$719,647
ALLAN D GILMOURCHAIR/PRESIDENT
OfficerDirector
0.50$0$0$0
ERIC C JIRGENSDIRECTOR
Director
0.50$0$0$0
HENRY M GRIXDIRECTOR
Director
0.50$0$0$0
MARIAM C NOLANDDIRECTOR
Director
0.50$0$0$0
NANCY M SCHLICHTINGDIRECTOR
Director
0.50$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

RICHARD L DEVORE

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

The Gilmour-Jirgens Fund has 3 of 6 recommended governance policies in place, including conflict of interest, document retention. Its board has 6 members, 5 of whom are independent.

The Gilmour-Jirgens Fund's financial statements are audited.

The Gilmour-Jirgens Fund has family or business relationships among officers, directors, or key employees.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members6
Independent members5

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

6 records

Grantmaking Summary

The Gilmour-Jirgens Fund awarded $128K across 6 grants to organizations. Top recipients include COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN (DETROIT, MI) — $52K for support for general operations/hope fund; AFFIRMATIONS COMMUNITY CENTER (FERNDALE, MI) — $25K for support for general operations; AMERICAN CIVIL LIBERTIES UNION FUND OF MICHIGAN (DETROIT, MI) — $23K for support for general operations.

Organization Grants

RecipientLocationAmountPurpose
COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN382530980DETROIT, MI$52KSUPPORT FOR GENERAL OPERATIONS/HOPE FUND
AFFIRMATIONS COMMUNITY CENTER382882823FERNDALE, MI$25KSUPPORT FOR GENERAL OPERATIONS
AMERICAN CIVIL LIBERTIES UNION FUND OF MICHIGAN237243421DETROIT, MI$23KSUPPORT FOR GENERAL OPERATIONS
WAYNE STATE UNIVERSITY386028429DETROIT, MI$12KSUPPORT FOR GENERAL OPERATIONS/SCHOLARSHIPS/TECHTOWN
AMERICAN FRIENDS OF BLERANCOURT INC133290365NEW YORK, NY$10KSUPPORT FOR GENERAL OPERATIONS
RUTH ELLIS CENTER INC383501697HIGHLAND PARK, MI$6KSUPPORT FOR GENERAL OPERATIONS

Filing History(Tax Years 1995–2024)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$92K$198K$1.5M
2023
990
2023-01-01 – 2023-12-31$56K$196K$1.7M
2022
990
2022-01-01 – 2022-12-31$-17K$207K$1.8M
2021
990
2021-01-01 – 2021-12-31$1.0M$218K$2.0M
2020
990
2020-01-01 – 2020-12-31$37K$203K$1.2M
1995–2019No filings acquired yet

Frequently Asked Questions

What does The Gilmour-Jirgens Fund do?

SUPPORTED CHARITABLE ORGANIZATIONS AND ACTIVITIES THROUGH THE AWARDING OF 42 GRANTS TO 34 DIFFERENT ORGANIZATIONS TOTALING $191,500.

How much revenue does The Gilmour-Jirgens Fund have?

The Gilmour-Jirgens Fund reported $91,606 in total revenue for tax year 2024, up 64.9% from the prior year.

Who is the highest-paid executive at The Gilmour-Jirgens Fund?

RICHARD L DEVORE, SECRETARY/TREASURER/DIRECTOR, received $719,647 in total compensation as of tax year 2024.

Is The Gilmour-Jirgens Fund a 501(c)(3)?

Yes, The Gilmour-Jirgens Fund is classified as a 501(c)(3) tax-exempt organization.

Where is The Gilmour-Jirgens Fund located?

The Gilmour-Jirgens Fund is headquartered in DETROIT, MI 48226.

Is The Gilmour-Jirgens Fund audited?

Yes, The Gilmour-Jirgens Fund's financial statements are audited.

Does The Gilmour-Jirgens Fund give grants?

Yes, The Gilmour-Jirgens Fund distributed $191,500 in grants to other organizations and individuals in tax year 2024. Top recipients include COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN, AFFIRMATIONS COMMUNITY CENTER, AMERICAN CIVIL LIBERTIES UNION FUND OF MICHIGAN.

Data Source

Prepared by: DELOITTE TAX LLP, INDIANAPOLIS, IN

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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