Also known as: FOUNDATON
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The Dennis And Nancy Gershenson Family Foundation is a private corporation based in FARMINGTON HILLS, MI. The foundation received its IRS ruling in 1996. The principal officer is Dennis Gershenson. It holds total assets of $240K. Annual income is reported at $12K. 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. According to available records, The Dennis And Nancy Gershenson Family Foundation has made 11 grants totaling $28K, with a median grant of $2K. The foundation has distributed between $2K and $10K annually from 2021 to 2024. Individual grants have ranged from $500 to $8K, with an average award of $3K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Michigan, Florida, California, which account for 91% of all grants. Grantmaking reaches organizations across 4 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.
The Dennis And Nancy Gershenson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MI, FL, CA.
The Dennis And Nancy Gershenson Family Foundation has distributed a total of $28K across 11 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $8K.
The Dennis And Nancy Gershenson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Dennis And Nancy Gershenson Family Foundation is headquartered in FARMINGTON HILLS, MI. While based in MI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nancy Gershenson | DIRECTOR | $0 | $0 | N/A |
| William Gershenson | DIRECTOR | $0 | $0 | N/A |
| Dennis Gershenson | DIRECTOR | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$240K
Fair Market Value
$220K
Net Worth
$240K
Grants Paid
$10K
Contributions
$1K
Net Investment Income
$10K
Distribution Amount
$9K
Total Grants
11
Total Giving
$28K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Beaumont Health FoundationGENERAL | Southfield, MI | $8K | 2024 |
| JafcoGENERAL | Sunrise, FL | $2K | 2024 |
| Magen David AdomGENERAL | New York, NY | $500 | 2024 |
| Detroit Crime CommissionGENERAL | Southfield, MI | $5K | 2023 |
| Nicklaus Children'S Health Care FoundationGENERAL | North Palm Beach, FL | $500 | 2023 |
| Ambassadors Foundation Of The Greater San Diego Association Of RealtorsGENERAL | San Diego, CA | $500 | 2023 |
| American Friends Of Magen David AdomGENERAL | Palm Beach Gardens, FL | $6K | 2021 |
| Beaumont HealthGENERAL | Berkley, MI | $1K | 2021 |