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Also known as: FOUNDATION
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Joel & Linda Gershenson Family Foundation is a private corporation based in FARMINGTON HILLS, MI. The foundation received its IRS ruling in 1996. The principal officer is Joel Gershenson. It holds total assets of $66K. Annual income is reported at $20K. Total assets have decreased from $129K in 2010 to $86K in 2023. The foundation is governed by 3 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 2024. Funding is distributed across 5 states, including Michigan, New Jersey, District of Columbia. According to available records, Joel & Linda Gershenson Family Foundation has made 38 grants totaling $24K, with a median grant of $500. Annual giving has grown from $6K in 2021 to $9K in 2024. Individual grants have ranged from $250 to $2K, with an average award of $625. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Michigan, District of Columbia, Tennessee, which account for 87% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$500
Average Grant
$525
Largest Grant
$1K
Based on 10 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.
Joel & Linda Gershenson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in MI, DC, TN.
Joel & Linda Gershenson Family Foundation has distributed a total of $24K across 38 grants. The median grant size is $500, with an average of $625. Individual grants have ranged from $250 to $2K.
Joel & Linda Gershenson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joel & Linda Gershenson Family Foundation is headquartered in FARMINGTON HILLS, MI. While based in MI, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joel Gershenson | DIRECTOR | $0 | $0 | N/A |
| Linda Gershenson | DIRECTOR | $0 | $0 | N/A |
| Jill Gershenson | DIRECTOR | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$86K
Fair Market Value
$65K
Net Worth
$86K
Grants Paid
$9K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$3K
Total Grants
38
Total Giving
$24K
Average Grant
$625
Median Grant
$500
Unique Recipients
15
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Light HouseGENERAL | Pontiac, MI | $250 | 2021 |
| KarmanosGENERAL | Detroit, MI | $2K | 2024 |
| Jewish HospiceGENERAL | West Bloomfield, MI | $2K | 2024 |
| Kids Kicking CancerGENERAL | Farmington Hills, MI | $1K | 2024 |
| Planned ParenthoodGENERAL | Detroit, MI | $750 | 2024 |
| American Jewish World ServiceGENERAL | New York, NY | $750 | 2024 |
| AspcaGENERAL | Washington, DC | $500 | 2024 |
| Yad EzraGENERAL | Berkley, MI | $500 | 2024 |
| St JudeGENERAL | Memphis, TN | $500 | 2024 |
| Friends Of Yad LakashishGENERAL | Englewood, NJ | $500 | 2024 |
| JarcGENERAL | Farmington Hills, MI | $500 | 2024 |
| Hospice Of MichiganGENERAL | Dearborn, MI | $500 | 2023 |
| Living Arts DetroitGENERAL | Detroit, MI | $250 | 2023 |
| Karmanos Cancer InstituteGENERAL | Detroit, MI | $1K | 2022 |
| St Jude Children'S ResearchGENERAL | Memphis, TN | $500 | 2022 |