Gabelli Funds Foundation Inc

RENO, NV EIN: 99-4723264

Gabelli Funds Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available for 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 5 grants totaling $36K. Net investment income was $35K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.0M

Annual Giving

$36K

Grant Count

5

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Gabelli Funds Foundation Inc reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

About Gabelli Funds Foundation Inc

Based on IRS filings

Gabelli Funds Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available for 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 5 grants totaling $36K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CharlestonNew YorkRenoWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M2024
Metric2024
Total Assets$4,998,855
Revenue$5,035,294
Expenses$36,439
Qualifying Distributions$36,439
Net Investment Income$35,294
Distributable Amount$33,830

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$27K$36K5 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Columbia Business School$14KMUSC Foundation$11KColumbus Citizens$5KBoard of Regents Univers…$4KTeamsters Scholarship Fund$3K

Grant Size Distribution

5 grants across all recorded years

5<$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 Columbia Business School ($13,500), MUSC Foundation ($11,000), Columbus Citizens ($5,000).

RecipientPurposeAmount
MUSC Foundation Charleston, SCHVC Celebration$11,000
Columbia Business School New York, NYGraham and Dodd Breakfast$13,500
Teamsters Scholarship Fund Washington, DCGeneral Support$2,500
Columbus Citizens New York, NYGeneral Support$5,000
Board of Regents University of NV R Reno, NVTown and Gown 2024$4,439

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Mario J GabelliDirector1
Douglas R JamiesonPresident/Dir1
Kieran CaterinaTreas/Secty/Dir1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Gabelli Funds Foundation Inc?

Gabelli Funds Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. It holds $5.0M in total assets as of 2024.

How large is Gabelli Funds Foundation Inc?

As of 2024, Gabelli Funds Foundation Inc holds $5.0M in total assets with $5.0M in annual revenue. It awarded 5 grants totaling $36K in 2024.

Where does Gabelli Funds Foundation Inc operate?

Gabelli Funds Foundation Inc has awarded grants in District of Columbia, Nevada, New York, South Carolina.

What size grants does Gabelli Funds Foundation Inc award?

In 2024, Gabelli Funds Foundation Inc awarded 5 grants totaling $36K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Gabelli Funds Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gabelli Funds Foundation Inc reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gabelli Funds Foundation Inc's EIN?

Gabelli Funds Foundation Inc's EIN (Employer Identification Number) is 99-4723264. IRS Form 990 filing data is available on this page for 2024.

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

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