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Herbert & Roseline Gussman Foundation Trust is a private trust based in TULSA, OK. The foundation received its IRS ruling in 1963. The principal officer is Zunis Capital Management In. It holds total assets of $4.1M. Annual income is reported at $324K. Total assets have decreased from $9M in 2011 to $4.2M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Herbert & Roseline Gussman Foundation Trust has made 5 grants totaling $1.9M, with a median grant of $388K. Annual giving has grown from $312K in 2020 to $379K in 2023. Grantmaking activity was highest in 2022 with $846K distributed across 2 grants. Individual grants have ranged from $312K to $423K, with an average award of $385K. Grant recipients are concentrated in Oklahoma. 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 & Roseline Gussman Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in OK.
Herbert & Roseline Gussman Foundation Trust has distributed a total of $1.9M across 5 grants. The median grant size is $388K, with an average of $385K. Individual grants have ranged from $312K to $423K.
Herbert & Roseline Gussman Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Herbert & Roseline Gussman Foundation Trust is headquartered in TULSA, OK.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ellen G Adelson | TRUSTEE | $0 | $0 | N/A |
| Barbara G Heyman | TRUSTEE | $0 | $0 | N/A |
Total Giving
$394K
Total Assets
$4.2M
Fair Market Value
$4.7M
Net Worth
$4.2M
Grants Paid
$379K
Contributions
N/A
Net Investment Income
$210K
Distribution Amount
$235K
Total Grants
5
Total Giving
$1.9M
Average Grant
$385K
Median Grant
$388K
Unique Recipients
1
Most Common Grant
$423K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| All Recipients Are 501(C)(3) Orgs See AttachedSEE ATTACHMENT | Tulsa, OK | $379K | 2023 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK