Don and Paula Gaston Foundation
Don and Paula Gaston Foundation is a private foundation, based in Greenwich, CT. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $62K. Net investment income was $34K.
Key facts about Don and Paula Gaston Foundation
In short: Don and Paula Gaston Foundation gave $62K across 1 grant in 2023 (avg $62K), mostly in Colorado. Source: 2023 IRS Form 990-PF.
- EIN
- 06-1188337
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $62,340
- Grants made (2023)
- 1
- Average grant
- $62,340
- Median grant
- $62,340
- Primary geography
- Colorado (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$62K
+270.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$62K
+270.1% YoY
Under IRS private-foundation payout rules, Don and Paula Gaston Foundation reported a distributable amount of $195 for 2023 — the minimum it must pay out in qualifying distributions.
How Don and Paula Gaston Foundation gives
- Giving grew 164% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $7K (2021) to $62K (2023). In 2023 it made 1 grant totaling $62K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Colorado 500 Charity Fund ($62K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 6 grants of 7 (86%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Colorado 500 Charity Fund Basalt, CO | Unrestricted Contribution | $62,340 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $28,540 | $39,543 |
| Revenue | — | $1 | $10,001 |
| Expenses | $62,793 | $17,332 | $7,523 |
| Qualifying Distributions | $62,340 | $16,842 | $7,050 |
| Net Investment Income | $33,935 | $5,764 | — |
| Distributable Amount | $195 | $4,008 | $5,234 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Don and Paula Gaston Foundation is led by Paul E. Gaston, President & Director since 2022 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2023 filing
Paul E. Gaston
President & Director
Director → President & Director, 2022
On filings since 2020
0.3 hrs/week
No compensation reported
Former officers (2)
- Former: Don F. Gaston (2020–2021) — Treasurer & Director
- Former: Paula B. Gaston (2020–2021) — President, Secretary & Director
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Don and Paula Gaston Foundation
How much does Don and Paula Gaston Foundation give each year?
Don and Paula Gaston Foundation gave $62K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $17K across 1 grant.
Where does Don and Paula Gaston Foundation operate?
Don and Paula Gaston Foundation has awarded grants in Colorado, Connecticut, New York.
How much is Don and Paula Gaston Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Don and Paula Gaston Foundation reported a distributable amount of $195 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Don and Paula Gaston Foundation's EIN?
Don and Paula Gaston Foundation's EIN (Employer Identification Number) is 06-1188337. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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