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Gero Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2019. The principal officer is Leonard Gero. It holds total assets of $320K. Annual income is reported at $100K. Total assets have grown from $97K in 2019 to $255K 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 2020 to 2023. The foundation primarily funds organizations in New York and District of Columbia. According to available records, Gero Foundation Inc. has made 161 grants totaling $353K, with a median grant of $500. Annual giving has grown from $51K in 2020 to $72K in 2023. Grantmaking activity was highest in 2022 with $157K distributed across 54 grants. Individual grants have ranged from N/A to $40K, with an average award of $2K. The foundation has supported 81 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Arizona, which account for 76% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$500
Average Grant
$2K
Largest Grant
$10K
Based on 33 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.
Gero Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 161 grants. Its grantmaking reaches organizations primarily in NY, DC, AZ.
Gero Foundation Inc. has distributed a total of $353K across 161 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from N/A to $40K.
Gero Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gero Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert C Lorenc | DIRECTOR | $0 | $0 | N/A |
| Carolyn Gero | DIRECTOR | $0 | $0 | N/A |
| Leonard Gero | DIRECTOR | $0 | $0 | N/A |
Total Giving
$77K
Total Assets
$255K
Fair Market Value
$255K
Net Worth
$255K
Grants Paid
$72K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$14K
Total Grants
161
Total Giving
$353K
Average Grant
$2K
Median Grant
$500
Unique Recipients
81
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Disabled American VeteransGENERAL CHARITABLE PURPOSES | Lanham, MD | $200 | 2023 |
| Koch FoundationGENERAL CHARITABLE PURPOSES | Houston, TX | $100 | 2023 |
| Gatestone OrganizationGENERAL CHARITABLE PURPOSESGENERAL CHARITABLE PURPOSES | New York, NY | $40K | 2023 |
| Judicial WatchGENERAL CHARITABLE PURPOSES | Washington, DC | $6K | 2023 |
| Friends Of The Israeli Defense ForcesGENERAL CHARITABLE PURPOSESGENERAL CHARITABLE PURPOSES | New York, NY | $5K | 2023 |
| Congregation Ohav ZedekGENERAL CHARITABLE PURPOSESGENERAL CHARITABLE PURPOSES | New York, NY | $4K | 2023 |
| Breathbodymind FoundationGENERAL CHARITABLE PURPOSES | Kingston, NY | $3K | 2023 |
| Magen David AdomGENERAL CHARITABLE PURPOSES | New York, NY | $3K | 2023 |
| Museum Of Natural HistoryGENERAL CHARITABLE PURPOSES | New York, NY | $1K | 2023 |
| Planting Fields FoundationGENERAL CHARITABLE PURPOSES | Oyster Bay, NY | $1K | 2023 |
| American Cornerstone InstituteGENERAL CHARITABLE PURPOSESGENREAL CHARITABLE PURPOSESGENERAL CHARITABLE PURPOSES | Washington, DC | $1K | 2023 |
| Immunity For HumanityGENERAL CHARITABLE PURPOSES | Washington, DC | $1K | 2023 |
| My Faith VotesGENERAL CHARITABLE PURPOSES | Lindale, TX | $1K | 2023 |
| Central Park ConservancyGENERAL CHARITABLE PURPOSES | New York, NY | $700 | 2023 |
| Capital Research CenterGENERAL CHARITABLE PURPOSES | Washington, DC | $500 | 2023 |
| Chabad HouseGENERAL CHARITABLE PURPOSES | Palm Beach, FL | $500 | 2023 |
| Citizens UnitedGENERAL CHARITABLE PURPOSES | Washington, DC | $500 | 2023 |
| Tunnels To TowersGENERAL CHARITABLE PURPOSES | Staten Island, NY | $500 | 2023 |
| Turning Point UsaGENERAL CHARITABLE PURPOSES | Phoenix, AZ | $500 | 2023 |
| Americans For IsraelGENERAL CHARITABLE PURPOSES | Lubbock, TX | $300 | 2023 |
| American Red CrossGENERAL CHARITABLE PURPOSES | Bethpage, NY | $300 | 2023 |
| Commemorative Air ForceGENERAL CHARITABLE PURPOSES | Dalles, TX | $200 | 2023 |
| United Jewish AppealGENERAL CHARITABLE PURPOSES | New York, NY | $200 | 2023 |
| Epoch Times AssociationGENERAL CHARITABLE PURPOSES | New York, NY | $200 | 2023 |
| Conservative CaucusGENERAL CHARITABLE PURPOSES | Fairfax, VA | $200 | 2023 |
| Boys & Girls Club Of Oyster BayGENERAL CHARITABLE PURPOSES | Oyster Bay, NY | $100 | 2023 |
| American Humane SocietyGENERAL CHARITABLE PURPOSES | Washington, DC | $100 | 2023 |
| American Center For Law & JusticeGENERAL CHARITABLE PURPOSES | Washington, DC | $100 | 2023 |
| America First Policy InstituteGENERAL CHARITABLE PURPOSES | Washington, DC | $100 | 2023 |
| Macular DegenerationGENERAL CHARITABLE PURPOSES | Northampton, MA | $100 | 2023 |
| International Fellowship For Christians & JewsGENERAL CHARITABLE PURPOSESGENERAL CHARITABLE PURPOSES | Washington, DC | $100 | 2023 |
| Legal Defense FundGENERAL CHARITABLE PURPOSES | Alexandria, VA | $100 | 2023 |
| Us Deputy Sheriff'S AssociationGENERAL CHARITABLE PURPOSES | Witchita, KS | N/A | 2023 |
| Birthright Israel FoundationGENERAL CHARITABLE PURPOSES | New York, NY | $4K | 2022 |
| God'S Love We DeliverGENERAL CHARITABLE PURPOSES | New York, NY | $3K | 2022 |