NonprofitsNew Gate To Peace Foundation

Religion-Related

New Gate To Peace Foundation

HOUSTON, TX

Total revenue

$2.4M

Total expenses

$2.1M

Net assets

$662K

Grants received

$2.5M

19 grants

EIN

550907295

Tax year

2024

Mission

The promotion of pilgrimages, tours and retreats to the holy land.

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue$864K
Investment income$5K
Other revenue
Total revenue$2.4M

Expenses

Grants paid$829K
Salaries & benefits
Fundraising
Other expenses$1.3M
Total expenses$2.1M
Total assets$749K
Net assets$662K

People

7 listed

NameRoleCompensation

GABRIEL SOTRES

VICE PRESIDENT

Board

2 hrs/wk

JOSE GERARDO CARDENAS

SECRETARY/TREASURER

Board

2 hrs/wk

MICHAEL BRISSON

DIRECTOR

Board

2 hrs/wk

JUAN MARIA SOLANA

DIRECTOR

Board

2 hrs/wk

LUIS MANUEL GUTIERREZ

DIRECTOR

Board

2 hrs/wk

Guillermo Garca

DIRECTOR

Board

2 hrs/wk

FRANK FORMOLO

PRESIDENT

Board

2 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$60K
To promote the cultural, historical and religious heritage of the Holy Land, promoting peaceful solutions to current challenges.
2024
$500K
RELIGION-RELATED
2022
$50K
For grant recipient's exempt purposes
2021
$50K
For grant recipient's exempt purposes
2021
$50K
For grant recipient's exempt purposes
2020
$45K
RELIGION-RELATED
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$100K
GENERAL SUPPORT
2019
$36K
For grant recipient's exempt purposes
2019
$500
CHARITABLE
2019
$150K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$2.5M from 8 funders · 19 grants · 2017–2024

Jewish Federation Of Greater

$1.4M · 5 grants · 2018–2023

The Community Foundation For Greater

$645K · 3 grants · 2019–2022

Fidelity Investments Charitable Gift Fund

$336K · 5 grants · 2017–2021

Champions Of Love Foundation Inc

$75K · 2 grants · 2023–2024

National Philanthropic Trust

$11K · 1 grant · 2020

The Nicholas J Pisaris

$500 · 1 grant · 2019

Details

EIN550907295
NTEE codeX20
Subsection03
Ruling date2006-07
Formed2006
Employees0
Volunteers6
NEW GATE TO PEACE FOUNDATION — Mission, Financials & Grants Received | Grantivo