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Gerson Family Foundation is a private corporation based in TROY, MI. The foundation received its IRS ruling in 2013. The principal officer is Mia Yun. It holds total assets of $1.4M. Annual income is reported at $527K. Total assets have grown from $1M in 2012 to $1.6M 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 2016 to 2023. The foundation primarily funds organizations in Michigan and Florida. According to available records, Gerson Family Foundation has made 41 grants totaling $556K, with a median grant of $8K. Annual giving has grown from $92K in 2020 to $298K in 2022. Individual grants have ranged from $1K to $100K, with an average award of $14K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Michigan, District of Columbia, Connecticut, which account for 85% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$7K
Average Grant
$9K
Largest Grant
$30K
Based on 10 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.
Gerson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in MI, DC, CT.
Gerson Family Foundation has distributed a total of $556K across 41 grants. The median grant size is $8K, with an average of $14K. Individual grants have ranged from $1K to $100K.
Gerson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gerson Family Foundation is headquartered in TROY, MI. While based in MI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ralph J Gerson | DIRECTOR AND PRESIDENT | $0 | $0 | N/A |
| Erica A Ward | DIRECTOR, VP AND TREASURER | $0 | $0 | N/A |
| Heather Hood | DIRECTOR AND SECRETARY | $0 | $0 | N/A |
Total Giving
$279K
Total Assets
$1.6M
Fair Market Value
$1.7M
Net Worth
$1.6M
Grants Paid
$261K
Contributions
N/A
Net Investment Income
$46K
Distribution Amount
$87K
Total: $1.5M
Total Grants
41
Total Giving
$556K
Average Grant
$14K
Median Grant
$8K
Unique Recipients
29
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hopewell FundGENERAL SUPPORT | Washington Dc, DC | $100K | 2022 |
| Detroit Institute Of ArtsGENERAL SUPPORT | Detroit, MI | $54K | 2022 |
| Jewish Federation Of Metropolitan DetroitGENERAL SUPPORT | Bloomfield Hills, MI | $45K | 2022 |
| Cranbrook Educational CommunityEDUCATION | Bloomfield Hills, MI | $20K | 2022 |
| Yale University - Jackson InstituteGENERAL SUPPORT | New Haven, CT | $10K | 2022 |
| The Zekelman Holocaust CenterGENERAL SUPPORT | Farmington Hills, MI | $10K | 2022 |
| The Washington InstituteGENERAL SUPPORT | Washington Dc, DC | $10K | 2022 |
| Detroit OperaGENERAL SUPPORT | Detroit, MI | $10K | 2022 |
| The Children'S FoundationGENERAL SUPPORT | Detroit, MI | $8K | 2022 |
| Ort AmericaGENERAL SUPPORT | Bloomfield Hills, MI | $7K | 2022 |
| Basblue IncGENERAL SUPPORT | Detroit, MI | $5K | 2022 |
| Detroit Symphony OrchestraGENERAL SUPPORT | Detroit, MI | $5K | 2022 |
| Yeshiva Beth YehudahGENERAL SUPPORT | Southfield, MI | $5K | 2022 |
| Detroit Riverfront ConservancyGENERAL SUPPORT | Detroit, MI | $5K | 2022 |
| Friends Of ElnetGENERAL SUPPORT | New York, NY | $2K | 2022 |
| Jewish Family ServiceGENERAL SUPPORT | West Bloomfield, MI | $1K | 2022 |
| Big Cat RescueGENERAL SUPPORT | Tampa, FL | $1K | 2022 |
| Congregation Shaarey ZedekGENERAL SUPPORT | Southfield, MI | $1K | 2022 |
| Beaumont Health FoundationGENERAL SUPPORT | Southfield, MI | $10K | 2021 |
| Slifka CenterGENERAL SUPPORT | New Haven, CT | $10K | 2021 |
| March Of DimesGENERAL SUPPORT | Atlanta, GA | $8K | 2021 |
| The Henry FordGENERAL SUPPORT | Dearborn, MI | $8K | 2021 |
| Holocaust Memorial CenterGENERAL SUPPORT | Farmington Hills, MI | $5K | 2021 |
| Figure Skating In DetroitGENERAL SUPPORT | New York, NY | $5K | 2021 |
| Child Safe MichiganGENERAL SUPPORT | Farmington Hills, MI | $1K | 2021 |
| Children'S Hospital Of Mi FoundationGENERAL SUPPORT | Detroit, MI | $5K | 2020 |
| Gleaners Community Food BankGENERAL SUPPORT | Detroit, MI | $1K | 2020 |
| The Empowerment PlanGENERAL SUPPORT | Detroit, MI | $1K | 2020 |
| Michigan Humane SocietyGENERAL SUPPORT | Bingham Farms, MI | $1K | 2020 |