C Gary and Virginia Gerst Foundation

CHICAGO, IL EIN: 36-3403692

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$2.6M

-6.0% YoY

Annual Giving

$336K

+22.2% YoY

Grant Count

33

+10.0% YoY

Avg Grant Size

$10K

+11.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$188K$376K$564K$752K20202021202220232024
Metric202420232022
Total Assets$2,616,767$2,784,824$3,053,380
Revenue$259,203$84,417$205,408
Expenses$427,260$352,973$297,668
Qualifying Distributions$336,096$274,965$199,050
Net Investment Income$168,039$19,366$106,790
Distributable Amount$163,043$156,406$176,231

Giving Over Time

Total grant dollars and number of grants per year

$0$105K$211K$316K$421K40 grants202041 grants202128 grants202230 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Numbers USA Education an…$75KChicago Shakespeare Thea…$53KCourt Theater$50KLyric Opera of Chicago$35KMetropolitan Family Serv…$27KDearfield Academy$18KAspen Public Radio$10KCenter For Immigration S…$10KNorthwestern Memorial Fo…$10KSacred Heart Schools$10K

Grant Size Distribution

172 grants across all recorded years

163<$50K8$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does C Gary and Virginia Gerst Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Cornelius Gary GerstPresident, Director1
Virginia C GerstSecretary, Treasurer1
C Graham GerstDirector1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

10states
+2 more states

Cities

ArlingtonArlington VaAspenAtlantaAuroraBasaltBloomfield HillsChicagoColorado SpringsDeerfieldGlencoeLewistownLincolnLouisvilleNew YorkSkokieWashingtonWinnetka

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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