Frank & Pearl Gelbman Charitable Fdn

COLUMBUS, OH EIN: 20-6609204

The Frank & Pearl E. Gelbman Charitable Trust is an independent foundation established in 2005 in Ohio. Based in Columbus, Ohio, the foundation operates as a private grantmaking organization with a focus on supporting charitable causes primarily in the Youngstown area.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.2M

+4.0% YoY

Annual Giving

$594K

-28.5% YoY

Grant Count

-18.2% YoY

Avg Grant Size

$33K

-12.6% YoY

Under IRS private-foundation payout rules, Frank & Pearl Gelbman Charitable Fdn reported a distributable amount of $622K 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 supports organizations working in the following areas:

Arts and Culture
Historic Preservation and Historical Societies
Higher Education
Human Services
Community Development
Federated Giving Programs

Grantmaking

The foundation reported total giving of $618,125 with recent grants including:

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation gives primarily in Youngstown, Ohio, with some support extending to other Ohio communities and select national organizations.

Grant Distribution by State

Ohio $2.3M (81%)

Virginia $463K (16%)

New Mexico $25K (1%)

California $20K (1%)

New York $10K (0%)

Pennsylvania $10K (0%)

District of Columbia $5K (0%)

Utah $3K (0%)

States

California District of Columbia New Mexico New York Ohio Pennsylvania Utah Virginia

Cities

AlexandriaAustintownBethpageCanfieldColumbianaColumbusHubbardNew PhiladelphiaPolandRichfieldSan FranciscoSanta FeSharonStruthersWarrenWashingtonYoungstown

Financial History

Multi-year comparison from IRS filings

Total Assets: $7,585,695
Total Giving: $618,125

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,190,715	$9,800,171	$10,373,128
Revenue	$1,112,063	$351,010	$1,420,428
Expenses	$720,108	$931,090	$594,618
Qualifying Distributions	$649,584	$879,816	$494,006
Net Investment Income	$1,047,376	$299,414	$1,366,821
Distributable Amount	$621,814	$555,948	$569,448

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

91 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Youngstown State University Foundation ($250,000), United Way Worldwide ($150,000), Youngstown Warren Regional Chamber ($25,000).

Recipient	Purpose	Amount
MAHONING VALLEY COMMUNITY SCHOOL YOUNGSTOWN, OH	GENERAL OPERATING	$12,500
THE WAY STATION HEALTHY FOOD PANTRY COLUMBIANA, OH	GENERAL OPERATING	$2,000
ACLD BETHPAGE, NY	GENERAL OPERATING	$10,000
UNITED WAY WORLDWIDE ALEXANDRIA, VA	GENERAL OPERATING	$150,000
OPERA WESTERN RESERVE YOUNGSTOWN, OH	GENERAL OPERATING	$10,000
COMMUNITY FOUNDATION OF WESTERN PA SHARON, PA	GENERAL OPERATING	$10,000
YOUNGSTOWN WARREN REGIONAL CHAMBER YOUNGSTOWN, OH	GENERAL OPERATING	$25,000
YOUNGSTOWN STATE UNIVERSITY FOUNDATION YOUNGSTOWN, OH	GENERAL OPERATING	$250,000
YELLOW BRICK PLACE YOUNGSTOWN, OH	GENERAL OPERATING	$5,000
LIT YOUNGSTOWN YOUNGSTOWN, OH	GENERAL OPERATING	$3,000

Leadership & Key People

Leadership team and compensation from IRS filings

Huntington National Bank serves as trustee for the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HUNTINGTON NATIONAL BANK	TRUSTEE	1	$109,269

Recent News & Activity

Recent developments and announcements

2023

In 2023, the Gelbman Foundation made a significant $1.5 million contribution to Youngstown State University designated for the university's updated student center.

Gelbman Foundation contributes $1.5M to YSU | News, Sports, Jobs - Tribune

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Frank & Pearl Gelbman Charitable Fdn fund?

The foundation supports organizations working in the following areas: • Arts and Culture • Historic Preservation and Historical Societies • Higher Education • Human Services • Community Development • Federated Giving Programs

How do I apply for a grant from Frank & Pearl Gelbman Charitable Fdn?

**Grant Activity & Amounts** The foundation reported total giving of $618,125 with recent grants including: • $1,500,000 to Youngstown State University for student center improvements (2023) • $185,000 to Mahoning Valley Historical Society for Arts & Culture (2008) • $100,000 to Youngstown Mahoning Valley United Way for Social & Human Services (2008) • $70,000 to Mill Creek Foundation for Miscellaneous Philanthropy (2008) • $48,500 to Neil Kennedy Recovery Center for Social & Human Services (20…

Where does Frank & Pearl Gelbman Charitable Fdn make grants?

The foundation gives primarily in Youngstown, Ohio, with some support extending to other Ohio communities and select national organizations.

What size grants does Frank & Pearl Gelbman Charitable Fdn award?

In 2024, Frank & Pearl Gelbman Charitable Fdn awarded 18 grants totaling $594K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is Frank & Pearl Gelbman Charitable Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank & Pearl Gelbman Charitable Fdn reported a distributable amount of $622K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frank & Pearl Gelbman Charitable Fdn's EIN?

Frank & Pearl Gelbman Charitable Fdn's EIN (Employer Identification Number) is 20-6609204. IRS Form 990 filing data is available on this page for 2020–2024.