//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mark And Karen Gergel Foundation Inc. is a private 0 based in DESTIN, FL. The foundation received its IRS ruling in 2022. The principal officer is Mark Gergel. It holds total assets of $402K. Annual income is reported at $20K. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Mark And Karen Gergel Foundation Inc. has made 40 grants totaling $168K, with a median grant of $1K. Annual giving has grown from $8K in 2021 to $160K in 2022. Individual grants have ranged from $250 to $55K, with an average award of $4K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Florida, Georgia, Pennsylvania, which account for 70% of all grants. Grantmaking reaches organizations across 9 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.
Mark And Karen Gergel Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in FL, GA, PA.
Mark And Karen Gergel Foundation Inc. has distributed a total of $168K across 40 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from $250 to $55K.
Mark And Karen Gergel Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mark And Karen Gergel Foundation Inc. is headquartered in DESTIN, FL. While based in FL, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kristin Swift | Vice President | $0 | $0 | N/A |
| Michelle Burruss | Director | $0 | $0 | N/A |
| Karen Gergel | President | $0 | $0 | N/A |
| Mark Gergel | TREASURER | $0 | $0 | N/A |
Total Giving
$62K
Total Assets
$482K
Fair Market Value
$482K
Net Worth
$482K
Grants Paid
$59K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$24K
Total Grants
40
Total Giving
$168K
Average Grant
$4K
Median Grant
$1K
Unique Recipients
24
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Linkunrestricted | Minneapolis, MN | $1K | 2021 |
| Shoreline ChurchUnrestricted | Destin, FL | $55K | 2022 |
| Reclif CommunityUnrestricted | Peachtree Corners, GA | $8K | 2022 |
| Caron Treatment CenterUnrestricted | Wernersville, PA | $5K | 2022 |
| St Christine Christian ServicesUnrestricted | Detroit, MI | $3K | 2022 |
| Alternative Baseball OrganizationUNRESTRICTED | Dallas, GA | $1K | 2022 |
| The Dusty Rhodes FoundationUnrestricted | Woodstock, GA | $1K | 2022 |
| Night Out For NorahUnrestricted | Taylor Mill, KY | $1K | 2022 |
| St Vincent De Paul GeorgiaUnrestricted | Atlanta, GA | $1K | 2022 |
| Camp SunshineUnrestricted | Decatur, GA | $1K | 2022 |
| Hope For Autumn FoundationUnrestricted | Hoover, AL | $1K | 2022 |
| Emerald Coast Theatre CompanyUnrestricted | Santa Rosa Beach, FL | $1K | 2022 |
| Macedonia Missionary ChurchUnrestricted | Montgomery, AL | $500 | 2022 |
| Pitch In For Baseball & SoftballUnrestricted | Harleysville, PA | $500 | 2022 |
| South Walton High SchoolUnrestricted | Santa Rosa Beach, FL | $500 | 2022 |
| Ronald Mcdonald House CharitiesUnrestricted | Macon, GA | $250 | 2022 |
| The Trevor ProjectUnrestricted | West Hollywood, CA | $250 | 2022 |
| Children'S Healthcare Of Atlanta Foundation IncUnrestricted | Atlanta, GA | $1K | 2021 |
| Caring & Sharing Of South Waltonunrestricted | Santa Rosa Beach, FL | $1K | 2021 |
| The Empty Stocking FundUnrestricted | Fort Walton Beach, FL | $1K | 2021 |
| St Jude'S Children'S Research Hospitalunrestricted | Memphis, TN | $1K | 2021 |
| Hickory Flat Churchunrestricted | Canton, GA | $1K | 2021 |
| Good News United Methodist Churchunrestricted | Santa Rosa Beach, FL | $1K | 2021 |
| Alaqua Animal Refuge Incunrestricted | Freeport, FL | $500 | 2021 |