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Gennadius Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2019. The principal officer is Foundation Source. It holds total assets of $640K. Annual income is reported at $26K. Total assets have grown from $354K in 2019 to $640K in 2024. The foundation is governed by 1 officer or trustee. 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 2020 to 2024. According to available records, Gennadius Foundation has made 16 grants totaling $48K, with a median grant of $3K. Annual giving has grown from $6K in 2020 to $16K in 2023. Grantmaking activity was highest in 2022 with $26K distributed across 10 grants. Individual grants have ranged from $1K to $4K, with an average award of $3K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in California, Colorado, Connecticut, which account for 56% of all grants. Grantmaking reaches organizations across 7 states. 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.
Gennadius Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA, CO, CT.
Gennadius Foundation has distributed a total of $48K across 16 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $1K to $4K.
Gennadius Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gennadius Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard J Volpe | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$640K
Fair Market Value
N/A
Net Worth
$640K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$48K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
8
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| With God All Things Are PossibleGeneral & Unrestricted | Colorado Spgs, CO | $4K | 2023 |
| Gti HopeGeneral & Unrestricted | San Dimas, CA | $4K | 2023 |
| WildcoastGeneral & Unrestricted | Del Mar, CA | $4K | 2023 |
| Opportunity International IncGeneral & Unrestricted | Chicago, IL | $4K | 2023 |
| Cambridge Community Center IncGeneral & Unrestricted | Cambridge, MA | $3K | 2022 |
| Love146 IncGeneral & Unrestricted | New Haven, CT | $3K | 2022 |
| Physicians For PeaceGeneral & Unrestricted | Norfolk, VA | $1K | 2022 |
| Americans For Native AmericansGeneral & Unrestricted | Doylestown, PA | $3K | 2020 |