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Also known as: C/O BRUCE GELB
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Lawrence M Gelb Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1958. It holds total assets of $850K. Annual income is reported at $95K. Total assets have decreased from $2.5M in 2011 to $909K 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 2016 to 2023. The foundation primarily funds organizations in District of Columbia and New York. According to available records, Lawrence M Gelb Foundation Inc. has made 19 grants totaling $655K, with a median grant of $10K. Annual giving has grown from $60K in 2020 to $305K in 2023. Individual grants have ranged from $600 to $295K, with an average award of $34K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Connecticut, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$20K
Largest Grant
$40K
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.
Lawrence M Gelb Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NY, DC, CT.
Lawrence M Gelb Foundation Inc. has distributed a total of $655K across 19 grants. The median grant size is $10K, with an average of $34K. Individual grants have ranged from $600 to $295K.
Lawrence M Gelb Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Lawrence M Gelb Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bruce S Gelb | CHAIRMAN/DIRECTOR | $0 | $0 | N/A |
| Sharron Norman | TREASURER | $0 | $0 | N/A |
Total Giving
$326K
Total Assets
$909K
Fair Market Value
$1.8M
Net Worth
$909K
Grants Paid
$305K
Contributions
N/A
Net Investment Income
$237K
Distribution Amount
$79K
Total: $903K
Total Grants
19
Total Giving
$655K
Average Grant
$34K
Median Grant
$10K
Unique Recipients
13
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Madison Square Boys & Girls ClubPUBLIC ASSISTANCE | New York, NY | $295K | 2023 |
| Metropolitan OperaARTS | New York, NY | $3K | 2023 |
| Church Of The Heavenly RestRELIGIOUS | New York, NY | $3K | 2023 |
| New York Youth SymophonyARTS | New York, NY | $1K | 2023 |
| Cosmopolitian ClubEDUCATIONAL | New York, NY | $1K | 2023 |
| Music MountainARTS | Falls Village, CT | $800 | 2023 |
| Sheffield Land TrustENVIRONMENTAL | Sheffield, MA | $800 | 2023 |
| Metropolitan Museum Of ArtARTS | New York, NY | $600 | 2023 |
| Diplomacy Center FoundationGENERAL CONTRIBUTION | Washington, DC | $10K | 2022 |
| N Y C Police FoundationPUBLIC ASSISTANCE | New York, NY | $15K | 2021 |
| Women'S Voices For ChangePUBLIC ASSISTANCE | New York, NY | $15K | 2021 |
| United States Diplomacy Center FoundationPUBLIC ASSISTANT | Washington, DC | $10K | 2020 |
| Council Of American AmbassadorsEDUCATIONAL | Washington, DC | $10K | 2020 |