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Gart Family Foundation Ltd is a private corporation based in GARDEN CITY, NY. The foundation received its IRS ruling in 2002. The principal officer is Joseph Risi. It holds total assets of $926K. Annual income is reported at $32K. Total assets have grown from $8K in 2011 to $926K in 2023. The foundation is governed by 3 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 2015 to 2023. According to available records, Gart Family Foundation Ltd has made 4 grants totaling $754K, with a median grant of $125K. Annual giving has decreased from $500K in 2021 to $250K in 2023. Individual grants have ranged from $4K to $500K, with an average award of $188K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New York and Maryland. Contributions to this foundation are tax-deductible.
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.
Gart Family Foundation Ltd primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY, MD.
Gart Family Foundation Ltd has distributed a total of $754K across 4 grants. The median grant size is $125K, with an average of $188K. Individual grants have ranged from $4K to $500K.
Gart Family Foundation Ltd typically selects its grantees rather than accepting unsolicited proposals.
Gart Family Foundation Ltd is headquartered in GARDEN CITY, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Risi | DIRECTOR | $0 | $0 | N/A |
| Kathryn Risi | DIRECTOR | $0 | $0 | N/A |
| Joseph Risi | DIRECTOR | $0 | $0 | N/A |
Total Giving
$254K
Total Assets
$926K
Fair Market Value
$926K
Net Worth
$926K
Grants Paid
$250K
Contributions
N/A
Net Investment Income
$26K
Distribution Amount
$46K
Total Grants
4
Total Giving
$754K
Average Grant
$188K
Median Grant
$125K
Unique Recipients
2
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Manhattan School Of MusicTO FUND RESEARCH | New York, NY | $200K | 2023 |
| American Kidney FundTO FUND RESEARCH | Rockville, MD | $4K | 2022 |