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G3 Foundation Ltd is a private corporation based in DYER, IN. The foundation received its IRS ruling in 2019. The principal officer is Kevin E Gelatka. It holds total assets of $1.1M. Annual income is reported at $415K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Indiana and Illinois. According to available records, G3 Foundation Ltd has made 34 grants totaling $199K, with a median grant of $2K. Annual giving has grown from $60K in 2021 to $82K in 2023. Individual grants have ranged from $300 to $25K, with an average award of $6K. The foundation has supported 26 unique organizations. Grants have been distributed to organizations in Indiana and Alabama and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$6K
Largest Grant
$25K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
G3 Foundation Ltd primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in IN, AL, IL.
G3 Foundation Ltd has distributed a total of $199K across 34 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $300 to $25K.
G3 Foundation Ltd typically selects its grantees rather than accepting unsolicited proposals.
G3 Foundation Ltd is headquartered in DYER, IN. While based in IN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kevin E Gelatka | director | $0 | $0 | N/A |
| Jaclyn J Gelatka | Director | $0 | $0 | N/A |
Total Giving
$99K
Total Assets
$1.1M
Fair Market Value
$1.3M
Net Worth
$1.1M
Grants Paid
$82K
Contributions
N/A
Net Investment Income
$58K
Distribution Amount
$58K
Total: N/A
Total Grants
34
Total Giving
$199K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
26
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Culver Union TownshipUnrestricted | Culver, IN | $25K | 2023 |
| Crimson Tide FoundationUnrestricted | Tuscaloosa, AL | $11K | 2023 |
| Lake Central High SchoolUnrestricted | St John, IN | $10K | 2023 |
| Culver Community Youth CenterUnrestricted | Culver, IN | $9K | 2023 |
| FritzapaloozaUnrestricted | Merionette Park, IL | $9K | 2023 |
| Il State Police Heritage FoundationUnrestricted | Springfield, IL | $5K | 2023 |
| Indiana State Hockey AssociationUnrestricted | Carmel, IN | $5K | 2023 |
| The AthleticUnrestricted | Dyer, IN | $2K | 2023 |
| Chasing Cans For CancerUNRESTRICTED | Beercher, IL | $1K | 2023 |
| Cellmates On The RunUnrestricted | Chicago, IL | $1K | 2023 |
| Culver Chamber Of CommerceUnrestricted | Culver, IN | $1K | 2023 |
| Kels Hells BellsUnrestricted | Dyer, IN | $1K | 2023 |
| Midwest Youth Hockey AssociationUnrestricted | Dyer, IN | $1K | 2023 |
| Kahler Middle SchoolUnrestricted | Dyer, IN | $500 | 2023 |
| Beecher High School GolfUnrestricted | Beecher, IL | $500 | 2023 |
| Lake Maxinkuckee AssociationUnrestricted | Culver, IN | $395 | 2023 |
| University Of Alabama - Crimson Standard IntitativUnrestricted | Tuscaloosa, AL | $25K | 2022 |
| Lake Centralettes Parent AssociationUNRESTRICTED | Schererville, IN | $3K | 2022 |
| Midwest Youth Centrallettes ParUnrestricted | Kounts, IN | $1K | 2022 |
| Dyer Police DepartmentUnrestricted | Dyer, IN | $300 | 2022 |
| Il State Patrol - Memorial ParkUnrestricted | Springfield, IL | $10K | 2021 |
| Food Bank Of Northwest IndianaUNRESTRICTED | Merrillville, IN | $10K | 2021 |
| Nathan C Splant FoundationUNRESTRICTED | Dyer, IN | $3K | 2021 |
| Ashley Crossett ScholarshipUnrestricted | New Lenox, IL | $3K | 2021 |
| St Sophia Greek Orthodox Churchunrestricted | Elgin, IL | $1K | 2021 |
| Lake Central HockeyUnrestricted | Dyer, IN | $500 | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN