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Gsgn Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $174K. Annual income is reported at $40K. Total assets have decreased from $285K in 2011 to $193K in 2023. The foundation is governed by 2 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. Grantmaking is concentrated in California. According to available records, Gsgn Foundation has made 45 grants totaling $84K, with a median grant of $1K. Annual giving has grown from $14K in 2021 to $22K in 2023. Grantmaking activity was highest in 2022 with $47K distributed across 26 grants. Individual grants have ranged from $150 to $7K, with an average award of $2K. The foundation has supported 22 unique organizations. Grants have been distributed to organizations in California and Texas and Arkansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$2K
Largest Grant
$5K
Based on 13 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.
Gsgn Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in CA, TX, AR.
Gsgn Foundation has distributed a total of $84K across 45 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $150 to $7K.
Gsgn Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gsgn Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gabriel C Lam | Pres, Dir, Sec | $0 | $0 | N/A |
| Sharon Lam | Dir, VP | $0 | $0 | N/A |
Total Giving
$35K
Total Assets
$193K
Fair Market Value
$622K
Net Worth
$193K
Grants Paid
$22K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$28K
Total Grants
45
Total Giving
$84K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
22
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Melissa MeeksHardship Assistance Grant | San Pedro, CA | $7K | 2023 |
| Andres Jacobo RodriguezHardship Assistance Grant | El Paso, TX | $6K | 2023 |
| Palos Verdes Peninsula Education FoundationGeneral & Unrestricted | Palos Verdes Peninsula, CA | $4K | 2023 |
| Torrance South Bay Community ChurchGeneral & Unrestricted | Torrance, CA | $2K | 2023 |
| Cancer Support Community South BayCelebrate Wellness Sponsor | Torrance, CA | $1K | 2023 |
| Life Covenant ChurchLife of Mozambique ministry | Torrance, CA | $1K | 2023 |
| Cal State Fullerton Philanthropic FoundationCharitable Event | Fullerton, CA | $500 | 2023 |
| Luminaries Of Torrance Memorial Medical CenterGeneral & Unrestricted | Rolling Hills Estates, CA | $300 | 2023 |
| A KamiyamaHardship Assistance Grant | Rancho Palos Verdes, CA | $3K | 2022 |
| Love Without Boundaries FoundationGeneral & Unrestricted | Lowell, AR | $3K | 2022 |
| Palos Verdes Peninsula High School Athletic BoosteGeneral & Unrestricted | Rllng Hls Est, CA | $3K | 2022 |
| A Passion For Paws Rescue IncGeneral & Unrestricted | Menifee, CA | $3K | 2022 |
| Calvary Chapel Palos VerdesGeneral & Unrestricted | Rllng Hls Est, CA | $2K | 2022 |
| Providence Little Company Of Mary FoundationGeneral & Unrestricted | Torrance, CA | $2K | 2022 |
| Las Candalistas IncCharitable Event | Pls Vrds Pnsl, CA | $1K | 2022 |
| Ridgecrest Intermediate8th grade Fun Day | Rancho Palos Verdes, CA | $650 | 2022 |
| Palos Verdes Junior Womens ClubGeneral & Unrestricted | Palos Verdes Estates, CA | $500 | 2022 |
| Palos Verdes Peninsula HighAvid Program | Rolling Hills Estates, CA | $300 | 2022 |
| Palos Verdes Peninsula High SchoolGeneral & Unrestricted | Rllng Hls Est, CA | $2K | 2021 |
| Vistas For Children IncGeneral & Unrestricted | Palos Verdes Peninsula, CA | $1K | 2021 |
| Torrance HighTorrance High School football team | Torrance, CA | $500 | 2021 |
| Pta Ca Congress Of Parents Teachers & StudentsGeneral & Unrestricted | Rollng Hills Estate, CA | $380 | 2021 |