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William & Debra Gershen Foundation is a private corporation based in CARLSBAD, CA. The foundation received its IRS ruling in 1999. The principal officer is Sidney Seif & Amster. It holds total assets of $206K. Annual income is reported at $153K. Total assets have decreased from $217K in 2011 to $141K 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 2023. Grantmaking is concentrated in California. According to available records, William & Debra Gershen Foundation has made 9 grants totaling $227K, with a median grant of $5K. Annual giving has decreased from $153K in 2022 to $74K in 2023. Individual grants have ranged from $4K to $68K, with an average award of $25K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$5K
Average Grant
$26K
Largest Grant
$68K
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.
William & Debra Gershen 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 CA, NY.
William & Debra Gershen Foundation has distributed a total of $227K across 9 grants. The median grant size is $5K, with an average of $25K. Individual grants have ranged from $4K to $68K.
William & Debra Gershen Foundation typically selects its grantees rather than accepting unsolicited proposals.
William & Debra Gershen Foundation is headquartered in CARLSBAD, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Herbert P Sydney | SEC/TRUSTEE | $0 | $0 | N/A |
| Michael Harrison | CFO/TRUSTEE | $0 | $0 | N/A |
| William M Gershen | PRES/TRUSTEE | $0 | $0 | N/A |
Total Giving
$74K
Total Assets
$141K
Fair Market Value
$371K
Net Worth
$141K
Grants Paid
$74K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$19K
Total: $63K
Total Grants
9
Total Giving
$227K
Average Grant
$25K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Guide Dogs For The BlindTO HELP THE BLIND WITH GUIDE DOGS | San Rafael, CA | $60K | 2023 |
| Uja-Federation Of New YorkTO HELP THOSE IN NEED | New York, NY | $10K | 2023 |
| Bighorn Golf Club CharitiesTO HELP THOSE IN NEED | Palm Desert, CA | $4K | 2023 |
| San Diego Rescue MissionPROGRAMS TO HELP THE HOMELESS | San Diego, CA | $5K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA