Gamba Family Foundation Inc

MCLEAN, VA EIN: 11-3759627

Gamba Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 13 grants totaling $157K. Net investment income was $102K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-6.0% YoY

Annual Giving

$157K

+47.5% YoY

Grant Count

13

-13.3% YoY

Avg Grant Size

$12K

+70.2% YoY

Under IRS private-foundation payout rules, Gamba Family Foundation Inc reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.

About Gamba Family Foundation Inc

Based on IRS filings

Gamba Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 13 grants totaling $157K. Net investment income was $102K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BaltimoreBolling AfbFort McnairFort MyersFt MyersHarrisonburgNaplesNew YorkWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$54K$108K$162K$216K20202021202220232024
Metric202420232022
Total Assets$1,322,941$1,407,989$1,492,442
Revenue$111,104$62,643$116,412
Expenses$196,152$147,096$156,704
Qualifying Distributions$186,566$135,542$145,336
Net Investment Income$101,518$53,573$96,659
Distributable Amount$112,268$102,690$105,514

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$79K$118K$157K10 grants202013 grants202115 grants202215 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EMPOWER K12$28KEDUCATION FORWARD DC$20KCITY TUTOR DC$20KKIPP DC$20KTWO RIVERS PUBLIC CHARTE…$15KDC ED FUND$14KSELA PUBLIC CHARTER SCHOOL$10KDIGITAL PIONEERS PUBLIC …$8KSTATESMAN COLLEGE PREP A…$8KFRIENDSHIP PUBLIC CHARTE…$7K

Grant Size Distribution

66 grants across all recorded years

66<$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 Empower K12 ($27,500), Education Forward Dc ($20,000), City Tutor Dc ($20,000).

RecipientPurposeAmount
DC ED FUND Washington, DCSUPPORT LITERACY TACTICS AT STANTON ELEMENTARY$14,052
EDUCATION FORWARD DC Washington, DCSCHOOL TRANSFORMATION IN DC, 3RD OF 5 YEAR COMMITMENT$20,000
CITY TUTOR DC Washington, DCSUPPORTS DC SCHOOLS AND LEADERS WITH COMPREHENSIVE TRANSFORMATION STRATEGY AS THIRD OF FIVE ANNUAL$20,000
KIPP DC Washington, DCTO SUPPORT THE CAPITAL TEACHING RESIDENCY AS 4TH OF FIVE ANNUAL GRANTS$20,000
SELA PUBLIC CHARTER SCHOOL Washington, DCSCIENCE OF READING$10,000
DIGITAL PIONEERS PUBLIC CHARTER SCHOOL Washington, DCSCIENCE OF READING AND BLACK MEN TO ATTEND CENTER FOR BLACK EDUCATOR DEVELOPMENT ANNUAL CONVENING IN$8,000
TWO RIVERS PUBLIC CHARTER SCHOOL Washington, DCLITERACY INVESTMENTS$15,000
FRIENDSHIP PUBLIC CHARTER SCHOOL Washington, DC$3K FOR MATH SUPPORT AND $4K FOR STORYSHARES$7,000
CHANGE SUMMER New York, NYSUMMER CAMP FOR DIGITAL PIONEERS AND OTHER DC CHARTER SCHOOLS$2,000
DC BILINGUAL PUBLIC CHARTER SCHOOL Washington, DCTO SUPPORT THIS TIER 1 NONPROFIT PUBLIC CHARTER SCHOOL$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ELIZABETH GAMBA STEELEXECUTIVE DIRECTOR$22K

From 2024 filing

NameTitleHoursCompensation
JOHN F GAMBACO-FOUNDER, DIRECTOR1
MARY ANNE S GAMBACO-FOUNDER, DIRECTOR1
ELIZABETH GAMBA STEELEXECUTIVE DIRECTOR8$21,804
JOHN F GAMBA JRDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Gamba Family Foundation Inc?

Gamba Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. It holds $1.3M in total assets as of 2024.

How large is Gamba Family Foundation Inc?

As of 2024, Gamba Family Foundation Inc holds $1.3M in total assets with $111K in annual revenue. It awarded 13 grants totaling $157K in 2024.

Where does Gamba Family Foundation Inc operate?

Gamba Family Foundation Inc has awarded grants in District of Columbia, Florida, Maryland, New York, Virginia.

What size grants does Gamba Family Foundation Inc award?

In 2024, Gamba Family Foundation Inc awarded 13 grants totaling $157K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Gamba Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gamba Family Foundation Inc reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gamba Family Foundation Inc's EIN?

Gamba Family Foundation Inc's EIN (Employer Identification Number) is 11-3759627. IRS Form 990 filing data is available on this page for 2020–2024.

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

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