Flood-gamble Foundation Inc

NEW YORK, NY EIN: 20-4974663

The Flood-Gamble Foundation is a private foundation located in New York, NY, established in 2006. It operates as a 501(c)(3) organization with no employees and functions as a grantmaking foundation supporting various nonprofit organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$546K

-18.0% YoY

Annual Giving

$125K

-25.0% YoY

Grant Count

47

-23.0% YoY

Avg Grant Size

$3K

-2.7% YoY

Under IRS private-foundation payout rules, Flood-gamble Foundation Inc reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to nurture local communities by growing grassroots organizations and advancing their missions. The foundation stewards its endowment and collaborates on emerging sustainable solutions to meet community needs.

The foundation's current funding theme centers on Regenerative Agriculture, reflecting the family's historical practice of land stewardship. Beyond this thematic focus, the foundation provides general operations support to a diverse range of grantees.

Core Values

The foundation operates according to five core values:

  • Stewardship: Growing the endowment so successive generations can support their communities through philanthropy
  • Active Citizenship: Encouraging family participation and responsibility to make communities better, healthier, and more fulfilling
  • Sustainability: Consciously addressing present challenges without compromising the future
  • Collaboration: Welcoming board and family participation in decision-making
  • Curiosity: Maintaining an open, learning environment where new ideas are welcomed

Grantmaking

The foundation made 56 grants in 2024, with a total grant distribution of approximately $99,000. Recent grantees include:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AlbanyArlingtonAthensAvondaleBeaconBronxBrooklynCatskillChapel HillChathamChattanoogaClaverackCold SpringCornwallCoxsackieGarrisonGermantownHudsonKinderhookManlius

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2024:

  • Total Assets: $545,614
  • Total Revenues: $88,297
  • Total Expenses: $127,546
  • Investment Income and Dividends: $1,884
  • Net Gain from Sale of Non-Inventory Assets: $86,413

The foundation's revenue is primarily generated through investment income and asset sales rather than new contributions.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$61K$122K$183K$244K20202021202220232024
Metric202420232022
Total Assets$545,614$665,039$706,190
Revenue$88,297$70,247$72,522
Expenses$127,546$169,009$164,706
Qualifying Distributions$124,900$166,610$153,500
Net Investment Income$87,930$69,848$71,940
Distributable Amount$28,861$33,996$45,601

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$108K$162K$216K61 grants202059 grants202156 grants202261 grants202347 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THOMAS COLE HISTORIC SITE$14KHUDSON ATHENS LIGHTHOUSE$10KNATIONAL TRUST FOR HISTO…$10KTHE OLANA PARTNERSHIP$10KCOLUMBIA-GREENE COMMMUNITY$8KCOLUMBIA LAND CONSERVANCY$5KLGBTQ & MUSEUM$5KPRESERVATON LEAGUE OF NYS$5KWELLESLEY COLLEGE$5KWMHT$5K

Grant Size Distribution

247 grants across all recorded years

247<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Thomas Cole Historic Site ($14,400), Hudson Athens Lighthouse ($10,000), National Trust for Historic ($10,000).

RecipientPurposeAmount
BERKSHIRE TACONIC SHEFFIELD, MAGENERAL OPERATIONS$3,000
BLACK ROCK FOREST CORNWALL, NYGENERAL OPERATIONS$1,000
CENTER FOR HOPE & SAFETY ROCHELLE PARK, NJGENERAL OPERATIONS$500
CENTRAL PARK CONSERVANCY NEW YORK, NYGENERAL OPERATIONS$1,000
CLAVERACK FREE LIBRARY CLAVERACK, NYGENERAL OPERATIONS$500
CNY LYME & TICK BORNE DISEASE MANLIUS, NYGENERAL OPERATIONS$3,000
COLUMBIA COUNTY HISTORICAL KINDERHOOK, NYGENERAL OPERATIONS$3,000
COLUMBIA COUNTY RECOVERY SPENCERTOWN, NYGENERAL OPERATIONS$2,000
COLUMBIA GREENE HUMANE HUDSON, NYGENERAL OPERATIONS$500
COLUMBIA LAND CONSERVANCY CHATHAM, NYGENERAL OPERATIONS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KRISTIN GAMBLE FLOODPRESIDENT
DEBORAH C FLOODTREASURER
KAREN P FLOODDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Flood-gamble Foundation Inc fund?

The foundation's mission is to nurture local communities by growing grassroots organizations and advancing their missions. The foundation stewards its endowment and collaborates on emerging sustainable solutions to meet community needs. The foundation's current funding theme centers on **Regenerative Agriculture**, reflecting the family's historical practice of land stewardship. Beyond this thematic focus, the foundation provides general operations support to a diverse range of grantees. The fo…

How do I apply for a grant from Flood-gamble Foundation Inc?

The foundation made 56 grants in 2024, with a total grant distribution of approximately $99,000. Recent grantees include: • Hudson Athens Lighthouse Preservation Society ($10,000) • National Trust for Historic Preservation ($10,000) • Olana Partnership ($10,000) • Machayden Theater (general operations support) Grants typically support general operations of nonprofit organizations. The foundation practices trust-based general support, funding organizational leadership, strategy, and capacity.

What size grants does Flood-gamble Foundation Inc award?

In 2024, Flood-gamble Foundation Inc awarded 47 grants totaling $125K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Flood-gamble Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Flood-gamble Foundation Inc reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Flood-gamble Foundation Inc's EIN?

Flood-gamble Foundation Inc's EIN (Employer Identification Number) is 20-4974663. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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