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Mary Lou Gedel Foundation is a private corporation based in PRATTVILLE, AL. The foundation received its IRS ruling in 2001. The principal officer is Mary L Gedel. It holds total assets of $2.8M. Annual income is reported at $701K. Total assets have grown from $47K in 2011 to $2.8M in 2023. The foundation is governed by 1 officer or trustee. 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 New York, Ohio and Florida. According to available records, Mary Lou Gedel Foundation has made 9 grants totaling $674K, with a median grant of $70K. Annual giving has grown from $202K in 2021 to $472K in 2022. Individual grants have ranged from $56K to $96K, with an average award of $75K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Ohio and New York and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$70K
Median Grant
$70K
Average Grant
$79K
Largest Grant
$96K
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.
Mary Lou Gedel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in OH, NY, FL.
Mary Lou Gedel Foundation has distributed a total of $674K across 9 grants. The median grant size is $70K, with an average of $75K. Individual grants have ranged from $56K to $96K.
Mary Lou Gedel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mary Lou Gedel Foundation is headquartered in PRATTVILLE, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Burton | TRUSTEE | $22K | $0 | $22K |
Total Giving
$295K
Total Assets
$2.8M
Fair Market Value
$4.5M
Net Worth
$2.8M
Grants Paid
$217K
Contributions
N/A
Net Investment Income
$73K
Distribution Amount
$215K
Total Grants
9
Total Giving
$674K
Average Grant
$75K
Median Grant
$70K
Unique Recipients
3
Most Common Grant
$70K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation Army Of Marietta OhGeneral Fund | Marietta, OH | $96K | 2022 |
| New York State College Human EcologyGeneral Fund | Ithaca, NY | $70K | 2022 |
| Shriners Hospital For ChildrenGeneral Fund | Tampa, FL | $70K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL