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Geltzer Family Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2005. The principal officer is Foundation Source. It holds total assets of $594K. Annual income is reported at $86K. Total assets have decreased from $1.3M in 2011 to $605K in 2023. The foundation is governed by 4 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 2016 to 2023. The foundation primarily funds organizations in New Jersey and Pennsylvania. According to available records, Geltzer Family Foundation has made 21 grants totaling $178K, with a median grant of $8K. Annual giving has decreased from $105K in 2020 to $73K in 2022. Individual grants have ranged from $2K to $25K, with an average award of $8K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Pennsylvania and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$8K
Average Grant
$10K
Largest Grant
$25K
Based on 11 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.
Geltzer Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in PA, NJ.
Geltzer Family Foundation has distributed a total of $178K across 21 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $2K to $25K.
Geltzer Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Geltzer Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David R Geltzer | Trustee | $0 | $0 | N/A |
| Leslee V Geltzer | Trustee | $0 | $0 | N/A |
| Isaac S Geltzer | Trustee | $0 | $0 | N/A |
| Ethan M Geltzer | Trustee | $0 | $0 | N/A |
Total Giving
$103K
Total Assets
$605K
Fair Market Value
$726K
Net Worth
$605K
Grants Paid
$96K
Contributions
N/A
Net Investment Income
$74K
Distribution Amount
$34K
Total: $591K
Total Grants
21
Total Giving
$178K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rescue Mission Of TrentonNew Direction Project | Trenton, NJ | $15K | 2022 |
| Drexel UniversityGeneral & Unrestricted | Philadelphia, PA | $10K | 2022 |
| Princeton Day School IncGeltzer Family Foundation Endowed Scholarship Fund | Princeton, NJ | $8K | 2022 |
| T A S KGeltzer Family Foundation/TASK Holiday at Home Thanksgiving Day fund | Trenton, NJ | $6K | 2022 |
| Temple MicahGeneral & Unrestricted | Lawrenceville, NJ | $2K | 2022 |
| Our Saviors Lutheran ChurchGeneral & Unrestricted | East Brunswick, NJ | $2K | 2020 |