Gamba Family Foundation Inc

Foundation · Grantmaker 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.

Key facts about Gamba Family Foundation Inc

EIN
11-3759627
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$157,052
Grants made (2024)
13
Average grant
$12,081
Median grant
$10,000
New grantees (estimate)
54% first-time grantees (7 of 13, 2024)
Total assets
$1,322,941
Primary geography
District of Columbia (99% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Gamba Family Foundation Inc funds

By grant dollars, the top recipient states for Gamba Family Foundation Inc's 13 itemized 2024 grants were District of Columbia (99%). The most frequent recipient cities were Washington, DC (11 grants). None of its 13 grants with a stated purpose were described as general or operating support.

Is Gamba Family Foundation Inc open to new grantees?

54%

first-time grantees, 2024

In 2024, 7 of 13 grantees (54%) were first-time recipients. First grants averaged $12K; repeat grants $12K. How we count

Medians: $10K first-time, $12K repeat.

  • 38% of 2024 grantees were also funded in 2023. Method
  • Giving grew 60% from 2021 to 2024. Method
  • In 2024 it paid out 166% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Gamba Family Foundation Inc

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

Share of all 13 itemized 2024 grant dollars.

Cities

WashingtonNew YorkBaltimoreFort MyersBolling AfbFort McnairHarrisonburgNaples

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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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: $28KEmpower K12$28KEducation Forward DC: $20KEducation Forward DC$20KCity Tutor DC: $20KCity Tutor DC$20KKipp DC: $20KKipp DC$20KTwo Rivers Public Charter School: $15KTwo Rivers Public CharterSchool$15KDC Ed Fund: $14KDC Ed Fund$14KSela Public Charter School: $10KSela Public Charter School$10KDigital Pioneers Public Charter School: $8KDigital Pioneers PublicCharter School$8KStatesman College Prep Academy for Boys: $8KStatesman College Prep Academyfor Boys$8KFriendship Public Charter School: $7KFriendship Public CharterSchool$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 recipients include Empower K12 ($27,500), Education Forward DC ($20,000), City Tutor DC ($20,000).

RecipientPurposeAmount
EMPOWER K12 Fort McNair, DC15K REPLICATE MATH BEST PRACTICE AND $12,500 FOR BOLD SCHOOL REPLICATION$27,500
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
TWO RIVERS PUBLIC CHARTER SCHOOL Washington, DCLITERACY INVESTMENTS$15,000
DC ED FUND Washington, DCSUPPORT LITERACY TACTICS AT STANTON ELEMENTARY$14,052
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
STATESMAN COLLEGE PREP ACADEMY FOR BOYS Washington, DC4K STORYSHARES $3K BLACK MEN TO ATTEND CENTER FOR BLACK EDUCATOR DEVELOPMENT CONVENING IN PHILLY$8,000
FRIENDSHIP PUBLIC CHARTER SCHOOL Washington, DC$3K FOR MATH SUPPORT AND $4K FOR STORYSHARES$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Elizabeth Gamba Steel — Executive Director: $22KElizabeth Gamba SteelExecutive Director$22K

From 2024 IRS 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 September 2026. Sourced from IRS Form 990-PF filings.

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