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Herbert A Gellerman Family Foundation is a private corporation based in BETTENDORF, IA. The foundation received its IRS ruling in 1981. It holds total assets of $196K. Annual income is reported at $94K. Total assets have decreased from $616K in 2010 to $194K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Herbert A Gellerman Family Foundation has made 6 grants totaling $35K, with a median grant of $6K. Annual giving has decreased from $17K in 2022 to $10K in 2024. Individual grants have ranged from $2K to $12K, with an average award of $6K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. 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.
Herbert A Gellerman Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IL.
Herbert A Gellerman Family Foundation has distributed a total of $35K across 6 grants. The median grant size is $6K, with an average of $6K. Individual grants have ranged from $2K to $12K.
Herbert A Gellerman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Herbert A Gellerman Family Foundation is headquartered in BETTENDORF, IA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Gellerman | DIRECTOR | $0 | $0 | N/A |
| Stephanie Tansey | DIRECTOR | $0 | $0 | N/A |
| Sharon Gellerman | DIRECTOR | $0 | $0 | N/A |
Total Giving
$14K
Total Assets
$194K
Fair Market Value
$219K
Net Worth
$194K
Grants Paid
$10K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$10K
Total: $192K
Total Grants
6
Total Giving
$35K
Average Grant
$6K
Median Grant
$6K
Unique Recipients
2
Most Common Grant
$2K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| John Deere Classic Charitable CorpGENERAL PURPOSES | East Moline, IL | $7K | 2024 |
| Jewish Federation Quad CitiesGENERAL PURPOSES | Rock Island, IL | $4K | 2024 |