Also known as: Gayda Family Foundation
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Gayda Family Foundation is a private trust based in BASKING RIDGE, NJ. The foundation received its IRS ruling in 2007. The principal officer is Michael Gayda. It holds total assets of $1.1M. Annual income is reported at $52K. The foundation is governed by 1 officer or trustee. Tax records are available from 2015 to 2024. Funding is distributed across 4 states, including New Jersey, Pennsylvania, Florida. According to available records, Gayda Family Foundation has made 16 grants totaling $92K, with a median grant of $2K. Individual grants have ranged from $500 to $40K, with an average award of $6K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Pennsylvania, New Jersey, California, which account for 56% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
The Gayda Family Foundation operates as a classic family foundation with no public grant program. All giving is directed by trustee Michael Gayda on a fully discretionary basis to organizations selected in advance. Grant seekers cannot approach this foundation through any open channel — there is no application portal, no RFP, no letter of inquiry process, and no contact email listed publicly.
The foundation's website (gayda.org) is a parked "Launching Soon" placeholder with only a contact form and no substantive content. This means the only pathway to funding is through an existing personal relationship with Michael Gayda or a board member.
For organizations in the foundation's established recipient network — particularly Catholic preparatory schools, homeless services organizations, arts centers, and food pantries in NJ, PA, FL, and CA — the most productive strategy is to maintain stewardship relationships and ensure the trustee has current impact data. For organizations outside that network, this foundation should not be prioritized for prospecting.
The Gayda Family Foundation distributed approximately $90,000–$93,000 per year in grants from 2019–2022, with relatively consistent annual giving across this period. The 2022 Form 990-PF (the most recent with detailed grant schedules) shows 16 grants to 16 distinct organizations, suggesting a diverse portfolio of small to mid-size gifts rather than concentration in one or two recipients.
Grant size analysis from 2022 data: - Largest grant: $40,000 to St. Joseph Preparatory High School (Philadelphia, PA) — a Catholic college-prep school. This single grant represented ~43% of total giving, indicating a strong anchor relationship. - Second largest: $30,000 to Homeless Solutions Inc (Cedar Knolls, NJ) — a major homeless shelter and transitional housing provider serving Morris County, NJ. - Remaining 14 grants: $500–$4,000, averaging approximately $1,400 each.
Sector breakdown (2022): - Education (Catholic/private schools, universities): St. Joseph Prep ($40K), University of Pennsylvania ($2K), Boston University School of Law ($2K), California State University Long Beach Foundation ($1K), Ramona Convent Secondary School ($4K) — total ~$49K, ~53% of giving - Social/Human Services (homeless, hunger): Homeless Solutions Inc ($30K), Feed The Hungry Pantry ($2.5K), The Lord's Place ($2K) — total ~$34.5K, ~37% of giving - Arts & Culture: Armory Art Center ($1K), Center for Creative Education ($1K), WLRN public radio ($1K) — total ~$3K, ~3% - Environment/Wildlife: Raptor Trust ($500), Rotary District 5130 Disaster Relief ($3K) — total ~$3.5K, ~4% - Community/Civic: Far Hills Meeting Race ($1.2K), Palm Beach Civic Association ($500), Chandler Hall ($500) — total ~$2.2K, ~2%
Geographic distribution skews heavily toward the trustee's personal geography: NJ (home base), PA (Philadelphia school connections), FL (likely winter residence), and CA (possible alma mater or family ties).
The Gayda Family Foundation ($1.1M assets, ~$90K/year in grants) is typical of small, trustee-directed family foundations established by successful professionals or business owners. Comparable foundations in northern NJ of this profile tend to: - Focus on alma mater institutions and local nonprofits - Maintain the same recipient list for years with incremental adjustments - Have no staff and minimal administrative overhead - Distribute the IRS-required minimum (roughly 5% of assets) annually
The foundation's payout rate of approximately 8–9% of assets annually is above the statutory 5% minimum, suggesting genuine philanthropic intent rather than minimum-compliance asset preservation.
The NTEE code T20 (Private Grantmaking Foundations) and foundation code 4 (Private Non-Operating Foundation) confirm it is a standard private family foundation with no operating programs of its own. Total assets of ~$1.1M place it in the small foundation tier (under $5M), where nearly all giving is relationship-driven and discretionary with no open application processes.
Most recent financial data (from foundation_financials table): - 2023: Total revenue $56,630 | Total giving $90,682 | Total assets $799,458 | Distribution $106,081 - 2022: Total revenue $54,939 | Total giving $93,493 | Total assets $1,172,805 | Distribution $105,362 - 2021: Total revenue $44,265 | Total giving $89,064 | Total assets $1,121,018 | Distribution $100,980 - 2020: Total revenue $43,626 | Total giving $92,704 | Total assets $1,126,332 | Distribution $88,504 - 2024 (partial/latest IRS BMF): Assets $1,118,751, revenue $52,162
Notable: Assets declined sharply from $1.17M in 2022 to $799K in 2023, a drop of ~$373K. This may reflect market performance on the investment portfolio, increased distributions, or a one-time withdrawal. Annual revenue (~$44K–$57K) consists primarily of investment income.
The foundation has been operating since at least 2011 (earliest ProPublica filing) and received its IRS ruling date of August 1, 2007. It filed a 990-PF most recently for tax period ending December 2024 (object ID 202512969349100911).
This foundation does not accept unsolicited grant applications. The following applies only for organizations already in relationship with the Gayda family or seeking background intelligence:
1. Relationship is the only entry point. Michael Gayda (% Michael Gayda, 78 Wisteria Way, Basking Ridge NJ 07920) is the sole trustee. Any approach must come through personal connection — professional networks, alumni associations, or mutual board members.
2. Catholic educational institutions appear to be the highest-priority recipient category, with St. Joseph Prep in Philadelphia receiving disproportionate funding ($40K of ~$93K total in 2022). Catholic schools in the greater Philadelphia-NJ-Palm Beach corridor should prioritize this connection if it exists.
3. Human services organizations in Morris County, NJ (particularly homeless services) and Palm Beach County, FL are well-represented. Organizations serving these communities with existing Gayda family connections should maintain active stewardship.
4. Grant amounts outside the anchor relationship are modest ($500–$4,000). Organizations should not invest significant prospect development time unless the anchor relationship (large gift potential) exists.
5. Do not contact via the gayda.org website contact form for grant purposes — the site is a placeholder and there is no evidence the form reaches a grants decision-maker.
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Smallest Grant
$500
Median Grant
$2K
Average Grant
$6K
Largest Grant
$42K
Based on 15 grants from the most recent 990-PF filing.
The Foundation made gifts to various charitable organizations to support and promote their programs and causes
Expenses: $93K
The Gayda Family Foundation distributed approximately $90,000–$93,000 per year in grants from 2019–2022, with relatively consistent annual giving across this period. The 2022 Form 990-PF (the most recent with detailed grant schedules) shows 16 grants to 16 distinct organizations, suggesting a diverse portfolio of small to mid-size gifts rather than concentration in one or two recipients. Grant size analysis from 2022 data: - Largest grant: $40,000 to St. Joseph Preparatory High School (Philadelp.
Gayda Family Foundation has distributed a total of $92K across 16 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $500 to $40K.
The Gayda Family Foundation operates as a classic family foundation with no public grant program. All giving is directed by trustee Michael Gayda on a fully discretionary basis to organizations selected in advance. Grant seekers cannot approach this foundation through any open channel — there is no application portal, no RFP, no letter of inquiry process, and no contact email listed publicly. The foundation's website (gayda.org) is a parked "Launching Soon" placeholder with only a contact form a.
Gayda Family Foundation is headquartered in BASKING RIDGE, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael D Gayda | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.1M
Fair Market Value
N/A
Net Worth
$1.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$92K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
16
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chandler HallUnrestricted gift to support entitys charitable purpose | Newtown, PA | $500 | 2022 |
| St Joseph Preparatory High SchoolUnrestricted gift to support entitys charitable purpose | Philadelphia, PA | $40K | 2022 |
| Homeless Solutions IncUnrestricted gift to support entitys charitable purpose | Cedar Knolls, NJ | $30K | 2022 |
| Ramona Convent Secondary SchoolUnrestricted gift to support entitys charitable purpose | Alhambra, CA | $4K | 2022 |
| Rotary District 5130 Disaster RelieUnrestricted gift to support entitys charitable purpose | Healdsburg, CA | $3K | 2022 |
| Feed The Hungry PantryUnrestricted gift to support entitys charitable purpose | Palm Beach Gardens, FL | $3K | 2022 |
| University Of PennsylvaniaUnrestricted gift to support entitys charitable purpose | Philadelphia, PA | $2K | 2022 |
| Boston University School Of LawUnrestricted gift to support entitys charitable purpose | Boston, MA | $2K | 2022 |
| The Lord'S PlaceUnrestricted gift to support entitys charitable purpose | West Palm Beach, FL | $2K | 2022 |
| Far Hills Meeting RaceUnrestricted gift to support entitys charitable purpose | Far Hills, NJ | $1K | 2022 |
| WlrnUnrestricted gift to support entitys charitable purpose | Miami, FL | $1K | 2022 |
| Armory Art CenterUnrestricted gift to support entitys charitable purpose | West Palm Beach, FL | $1K | 2022 |
| California State University Long Beach FoundationUnrestricted gift to support entitys charitable purpose | Long Beach, CA | $1K | 2022 |
| Center For Creative EducationUnrestricted gift to support entitys charitable purpose | West Palm Beach, FL | $1K | 2022 |
| Raptor TrustUnrestricted gift to support entitys charitable purpose | Millington, NJ | $500 | 2022 |
| Palm Beach Civic AssociationUnrestricted gift to support entitys charitable purpose | Palm Beach, FL | $500 | 2022 |