Gabbay Foundation Inc
Gabbay Foundation Inc is a private foundation, based in Watchung, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $537K in total assets. In 2025, it awarded 2 grants totaling $140K. Net investment income was $38K.
Gabbay Foundation Inc at a glance
In short: Gabbay Foundation Inc gave $140K across 2 grants in 2025 (avg $70K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $139,577
- +8.2% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $69,789
- -45.9% vs 2024
- Median grant
- $69,789
- Total assets
- $537,260
- +5.0% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Gabbay Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Morgan Stanley Global Fund Trust ($90K). Together the top 2 received $140K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Gabbay Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+19%). Method
- In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $105K (2020) to $140K (2025). In 2025 it made 2 grants totaling $140K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgan Stanley Global Fund Trust New York, NY | Educational | $89,987 |
| Morgan Stanley Global Funding Trust New York, NY | Educational | $49,590 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $537,260 | $39,497 | $142,890 | $139,577 | 2 | $139,577 | $37,907 | $157,211 |
| 2024 | $511,519 | $-34,381 | $132,334 | $129,006 | 1 | $129,006 | $37,674 | $138,995 |
| 2023 | $678,478 | $39,248 | $128,722 | $128,466 | 1 | $128,466 | $39,269 | $129,006 |
| 2022 | $736,559 | $40,123 | $119,874 | $117,774 | 1 | $118,699 | $39,198 | $127,538 |
| 2021 | $736,691 | $37,001 | $109,272 | $104,734 | 1 | $104,734 | $37,001 | $119,627 |
| 2020 | $809,292 | $37,609 | $106,657 | $104,560 | 2 | — | $37,609 | $104,735 |
Under IRS private-foundation payout rules, Gabbay Foundation Inc reported a distributable amount of $157K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Gabbay Foundation Inc is led by Susan Gabbay Lewis, President & Treasurer since 2024 (on filings since 2022); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Susan Gabbay Lewis
President & Treasurer
President & Treasurer → Officer, 2023
Officer → President & Treasurer, 2024
On filings since 2022
No compensation reported
Daniel Iny
Vice President
On filings since 2022
No compensation reported
Rebecca Lewis
Secretary
On filings since 2022
No compensation reported
Former officers (2)
- Former: Myrna O. Gabbay (2020–2021) — President
- Former: Kenneth H. Gabbay (2020) — President
Data from IRS Form 990 filings, 2020–2025. "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 Gabbay Foundation Inc
How much does Gabbay Foundation Inc give each year?
Gabbay Foundation Inc gave $140K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $129K across 1 grant.
How large is Gabbay Foundation Inc?
Gabbay Foundation Inc reported $537K in total assets on its 2025 IRS Form 990-PF. It paid out $140K in qualifying distributions that year, against a required minimum of $157K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Gabbay Foundation Inc operate?
Gabbay Foundation Inc has awarded grants in New York, Ohio.
What is Gabbay Foundation Inc's EIN?
Gabbay Foundation Inc's EIN (Employer Identification Number) is 23-7048471. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
- IRS filings on file for fiscal years 2020–2024
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