Private foundation (trust)EIN 208856858Est. 2007-12

GEM FOUNDATION INC

FAR HILLS, NJ 07931

Total Assets

$5.9M

FY 2023

Annual Giving

$350K

FY 2023

Grants Made

2

FY 2023

Avg Grant

$175K

FY 2023

Grant Range

$150K–$200K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$292K

Total Expenses

$353K

Qualifying Distributions

$353K

Distributable Amount

$286K

Min. Investment Return

$290K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $650K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

8 grants

KIPP NEW JERSEY
$600K
3 grants
GREAT OAKS LEGACY CHARTER SCHOOL
$500K
3 grants
UNCOMMON SCHOOLS
$400K
2 grants

Grant Size Distribution

8 grants

<$10K
$10–50K
$50–250K
8
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

New Jersey
$1.1M
73% of total
New York
$400K
27% of total

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GEM FOUNDATION INC — Grants, Financials & Contact | Grantivo