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Guston Fund is a private corporation based in WEST HURLEY, NY. The foundation received its IRS ruling in 2019. It holds total assets of $23.3M. Annual income is reported at $3.3M. Total assets have grown from $9.6M in 2019 to $20M 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 2018 to 2023. According to available records, Guston Fund has made 4 grants totaling $2.2M, with a median grant of $75K. Annual giving has grown from $50K in 2020 to $100K in 2022. Grantmaking activity was highest in 2021 with $2M distributed across 2 grants. Individual grants have ranged from $10K to $2M, with an average award of $540K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in Ohio, New York, Illinois, which account for 75% of all grants. Grantmaking reaches organizations across 4 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.
Guston Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in OH, NY, IL.
Guston Fund has distributed a total of $2.2M across 4 grants. The median grant size is $75K, with an average of $540K. Individual grants have ranged from $10K to $2M.
Guston Fund typically selects its grantees rather than accepting unsolicited proposals.
Guston Fund is headquartered in WEST HURLEY, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Musa Mayer | DIRECTOR, PRESIDENT | $0 | $0 | N/A |
| Thomas Mayer | DIRECTOR, SECRETARY, TREASURER | $0 | $0 | N/A |
Total Giving
$717K
Total Assets
$20M
Fair Market Value
$20M
Net Worth
$20M
Grants Paid
$515K
Contributions
$4.5M
Net Investment Income
$374K
Distribution Amount
$741K
Total: $3.8M
Total Grants
4
Total Giving
$2.2M
Average Grant
$540K
Median Grant
$75K
Unique Recipients
4
Most Common Grant
$2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Brooklyn Rail IncSINGING IN UNISON PROJECT | Brooklyn, NY | $100K | 2022 |
| American Endowment FoundationGENERAL OPERATING SUPPORT | Hudson, OH | $2M | 2021 |
| The Aspen InstituteSUPPORT FOR THE AEFI PROJECT "BUILDING THE AEF COMMUNITY'S DEAI CAPACITY TO HOST BIPOC INTERNS AND FELLOW" | Washington, DC | $10K | 2021 |
| United States Artists IncGENERAL OPERATING SUPPORT | Chicago, IL | $50K | 2020 |