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Gustafson Charitable Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2012. The principal officer is Hecht And Company. It holds total assets of $131K. Annual income is reported at $6K. Total assets have grown from $29K in 2012 to $131K 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 2016 to 2024. The foundation primarily funds organizations in New York and California. According to available records, Gustafson Charitable Foundation has made 8 grants totaling $18K, with a median grant of $2K. Annual giving has grown from $3K in 2020 to $6K in 2023. Grantmaking activity was highest in 2022 with $9K distributed across 2 grants. Individual grants have ranged from $200 to $5K, with an average award of $2K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and Wyoming and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$300
Average Grant
$283
Largest Grant
$350
Based on 3 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.
Gustafson Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, WY, CA.
Gustafson Charitable Foundation has distributed a total of $18K across 8 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $200 to $5K.
Gustafson Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gustafson Charitable Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Terry Chad Gustafson | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$131K
Fair Market Value
N/A
Net Worth
$131K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$18K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
4
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Times Square ChurchUNRESTRICTED | New York, NY | $5K | 2023 |
| Cornerstone Church Of SheridanUNRESTRICTED | Sheridan, WY | $950 | 2023 |
| Shadow Mountain Community ChUNRESTRICTED | El Cajon, CA | $350 | 2021 |
| The Brooklyn TabernacleUNRESTRICTED | Brooklyn, NY | $200 | 2021 |