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Also known as: FOUNDATION
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Gambino Medical & Science Foundation Inc. is a private corporation based in NORTH BERGEN, NJ. The foundation received its IRS ruling in 1992. It holds total assets of $508K. Annual income is reported at $1.2M. Total assets have grown from $355K in 2011 to $508K in 2024. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Grantmaking is concentrated in New York. According to available records, Gambino Medical & Science Foundation Inc. has made 21 grants totaling $2.3M, with a median grant of $71K. Annual giving has grown from $574K in 2020 to $1.1M in 2022. Individual grants have ranged from $25K to $200K, with an average award of $112K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$86K
Average Grant
$111K
Largest Grant
$200K
Based on 6 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.
Gambino Medical & Science Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NY.
Gambino Medical & Science Foundation Inc. has distributed a total of $2.3M across 21 grants. The median grant size is $71K, with an average of $112K. Individual grants have ranged from $25K to $200K.
Gambino Medical & Science Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gambino Medical & Science Foundation Inc. is headquartered in NORTH BERGEN, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas C Gambino | PRESIDENT | $0 | $0 | N/A |
| Carl Gambino | SECRETARY-TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$508K
Fair Market Value
N/A
Net Worth
$486K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
21
Total Giving
$2.3M
Average Grant
$112K
Median Grant
$71K
Unique Recipients
1
Most Common Grant
$200K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northwell Health Foundation2021 PROFESSORSHIP | New Hyde Park, NY | $200K | 2022 |