Galt Foundation
Galt Foundation reported $15.0 million in revenue and $15.0 million in expenses for the fiscal year ending October 31, 2025. Of every $100 it spent, $88.25 went to program services, $11.75 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.8% of the total. The highest compensation it reported for one person was $233,184 (FORMER EXECUTIVE DIRECTOR). 5 people received more than $100,000 in reportable compensation. Revenue fell 54% between FY2020 and FY2025. Source: Form 990, FY2025 (2 mo.).
Where $100 of spending went
The 2-month short period ending December 31, 2025 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The 2-month short period ending December 31, 2025 · Form 990, Part VIII · total revenue $15MInvestment income was negative: −$87,553. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.2% | 88.0% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.8% | 10.9% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 22.8% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.8% | 62.6% |
| Highest reported compensation Part VII-A, columns D–F | $233,184 | $297,435 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.55% | 1.26% |
| People paid over $100,000 Part VII, line 2 | 5 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.6 | 8.1 |
| Independent voting board members Part VI 1a–1b | 2 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 (2 mo.) · Form 990, Part III · the three largest programs by expenseGalt Foundation is a non-profit staffing service that provides employment opportunities for individuals with disabilities and other vocational disadvantages. Galt Foundation is certified as a qualified rehabilitation program in oregon, a community rehabilitation program in oklahoma. These certifications qualify Galt Foundation to contract with local and state government entities to provide them with temporary staff.Galt Foundation provided employment for 1,213 individuals, with 61.3% of their recruited employees having a disability and a majority of the remainder having one or more vocational…
Highest reported compensation
FY2025 (2 mo.) · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER EXECUTIVE DIRECTOR Former, 40.00 hrs/week | $223,463 | $0 | $9,721 | $233,184 |
| OPERATIONS DIRECTOR Highest compensated employee, 40.00 hrs/week | $175,543 | $0 | $14,915 | $190,458 |
| FINANCE DIRECTOR Highest compensated employee, 40.00 hrs/week | $150,771 | $0 | $12,218 | $162,989 |
| HR DIRECTOR Highest compensated employee, 40.00 hrs/week | $121,848 | $0 | $6,634 | $128,482 |
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $102,380 | $0 | $3,109 | $105,489 |
| DIRECTOR Director/trustee, 3.00 hrs/week | $33,589 | $0 | $0 | $33,589 |
| CHAIR Director/trustee, officer, 5.00 hrs/week | $21,000 | $0 | $0 | $21,000 |
| TREASURER Director/trustee, officer, 5.00 hrs/week | $20,000 | $0 | $0 | $20,000 |
5 people received more than $100,000 in reportable compensation from Galt Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $321K (Part IX, line 5).
7 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 (2 mo.) · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 2 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5952
Correct a figure or respond
Every number above is copied from Galt Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Galt Foundation, you can publish a response that is linked from this page.
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Of every $100 Galt Foundation spent in FY2025, $88.25 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Galt Foundation's spending goes to programs?
In the fiscal year ending October 31, 2025, Galt Foundation reported that 88.2% of its $15.0 million in expenses went to program services, 11.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Galt Foundation pay its top executive?
The largest total compensation Galt Foundation reported for one person in the fiscal year ending October 31, 2025 was $233,184, for the role of FORMER EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Galt Foundation get its money?
Of $15.0 million in revenue in the fiscal year ending October 31, 2025, 0.0% came from contributions and grants and 99.8% from program service revenue (Form 990, Part VIII).
Is Galt Foundation a registered charity?
The IRS lists EIN 93-1268744 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025 (2 mo.): Form 990 for the 2-month short period ending December 31, 2025, object 202632159349300533 · read the filing
- FY2025: Form 990 for the fiscal year ending October 31, 2025, object 202620509349301617 · read the filing
- FY2024: Form 990 for the fiscal year ending October 31, 2024, object 202532109349301778 · read the filing
- FY2023: Form 990 for the fiscal year ending October 31, 2023, object 202440799349300419 · read the filing
- FY2022: Form 990 for the fiscal year ending October 31, 2022, object 202311929349300041 · read the filing
- FY2021: Form 990 for the fiscal year ending October 31, 2021, object 202201259349302660 · read the filing
- FY2020: Form 990 for the fiscal year ending October 31, 2020, object 202140689349301129 · read the filing
All filings for EIN 93-1268744: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.