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Genesis Foundation is a private corporation based in RAMSEY, NJ. The foundation received its IRS ruling in 1996. The principal officer is Gerald Grossman. It holds total assets of $2.7M. Annual income is reported at $176K. Total assets have grown from $1.9M in 2011 to $2.7M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2024. According to available records, Genesis Foundation has made 43 grants totaling $519K, with a median grant of $5K. The foundation has distributed between $250K and $269K annually from 2022 to 2023. Individual grants have ranged from $250 to $50K, with an average award of $12K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Missouri, New Jersey, Florida, which account for 77% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$100
Median Grant
$4K
Average Grant
$9K
Largest Grant
$50K
Based on 16 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.
Genesis Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in MO, NJ, FL.
Genesis Foundation has distributed a total of $519K across 43 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $250 to $50K.
Genesis Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (223341218) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Genesis Foundation is headquartered in RAMSEY, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jerrold Grossman | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.7M
Fair Market Value
N/A
Net Worth
$2.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
43
Total Giving
$519K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
23
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Washington UniversityUNRESTRICTED GENERAL USE | St Louis, MO | $50K | 2023 |
| Atlantic Health SystemsUNRESTRICTED GENERAL USE | Morristown, NJ | $50K | 2023 |
| AfmdaUNRESTRICTED GENERAL USE | New York, NY | $33K | 2023 |
| Barnett TempleUNRESTRICTED GENERAL USE | Franklin Lakes, NJ | $25K | 2023 |
| Pap CorpUNRESTRICTED GENERAL USE | Deerfield Beach, FL | $20K | 2023 |
| Pine Crest School FoundationUNRESTRICTED GENERAL USE | Boca Raton, FL | $20K | 2023 |
| Boca Raton Reg Hosp FdnUNRESTRICTED GENERAL USE | Boca Raton, FL | $20K | 2023 |
| Riverdale Country SchoolUNRESTRICTED GENERAL USE | Bronx, NY | $8K | 2023 |
| Stand With UsUNRESTRICTED GENERAL USE | Los Angeles, CA | $5K | 2023 |
| Boca Helping HandsUNRESTRICTED GENERAL USE | Boca Raton, FL | $5K | 2023 |
| Valley ChabadUNRESTRICTED GENERAL USE | Woodcliff Lakes, NJ | $4K | 2023 |
| Israeli Tennis Center FoundationUNRESTRICTED GENERAL USE | New York, NY | $4K | 2023 |
| Leukemia And Lynphoma SocUNRESTRICTED GENERAL USE | New York, NY | $3K | 2023 |
| Jafco Jewish Adoption & Family CareUNRESTRICTED GENERAL USE | Sunrise, FL | $2K | 2023 |
| Play For PinkUNRESTRICTED GENERAL USE | New York, NY | $2K | 2023 |
| Pba Saddle River 348UNRESTRICTED GENERAL USE | Saddle River Nj, NJ | $500 | 2023 |
| Saddle River Fire AssocUNRESTRICTED GENERAL USE | Saddle River, NJ | $250 | 2023 |
| Boca Raton Jewish CtrUNRESTRICTED GENERAL USE | Boca Raton, FL | $7K | 2022 |
| Elizabeth Morrow SchoolUNRESTRICTED GENERAL USE | Englewood, NJ | $6K | 2022 |
| Ramsey Ambulance CorpsUNRESTRICTED GENERAL USE | Ramsey, NJ | $250 | 2022 |
| Ramsey Volenteer Fire DeptUNRESTRICTED GENERAL USE | Ramsey, NJ | $250 | 2022 |
| Ramsey Rescue SquadUNRESTRICTED GENERAL USE | Ramsey, NJ | $250 | 2022 |
| Ramsey Pba Local 155UNRESTRICTED GENERAL USE | Ramsey, NJ | $250 | 2022 |