Gart Family Foundation Ltd

Private foundation · Grantmaker Garden City, NY EIN: 03-0450794

Gart Family Foundation Ltd is a private foundation, based in Garden City, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $891K in total assets. In 2025, it awarded 5 grants totaling $55K. Net investment income was $30K.

Key facts about Gart Family Foundation Ltd

In short: Gart Family Foundation Ltd gave $55K across 5 grants in 2025 (avg $11K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
03-0450794
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$54,650
Grants made (2025)
5
Average grant
$10,930
Median grant
$3,000
Total assets
$890,851
Primary geography
New York (93% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$891K

-3.8% YoY

Annual Giving

$55K

+118.6% YoY

Grant Count

5

+400.0% YoY

Avg Grant Size

$11K

-56.3% YoY

Under IRS private-foundation payout rules, Gart Family Foundation Ltd reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.

How Gart Family Foundation Ltd gives

  • Giving grew 1461% from 2022 to 2025. Method
  • In 2025 it paid out 147% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

New YorkAspenBrooklynMalverneOld WestburyRockvilleWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2019 0 grants2020 1 grant2021 1 grant2022 2 grants2023 1 grant2024 5 grants2025

From 2021 to 2025, annual grant giving ranged from $4K (2022) to $500K (2021). In 2025 it made 5 grants totaling $55K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Qsac Autism Community - Believe Gala: $40KQsac Autism Community -Believe Gala$40KHeart Share: $10KHeart Share$10KBlood Cancer United: $3KBlood Cancer United$3KMalverne Music Parents Inc: $1KMalverne Music Parents Inc$1KAspen Education Foundation: $650Aspen Education Foundation$650

The largest 2025 recipient was Qsac Autism Community - Believe Gala ($40K). Together the top 5 received $55K.

Grant Size Distribution

10 grants across all recorded years

7<$50K1$50–100K1$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 10 (70%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Qsac Autism Community - Believe Gala New York, NYMusic Education$40,000
Heart Share Brooklyn, NYMusic Education$10,000
Blood Cancer United Washington, DCMedical Research$3,000
Malverne Music Parents Inc Malverne, NYMusic Education$1,000
Aspen Education Foundation Aspen, COMusic Education$650

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$890,851$926,331$926,129
Revenue$29,730$32,119$25,657
Expenses$65,210$31,917$254,474
Qualifying Distributions$65,210$31,561$254,474
Net Investment Income$29,730$32,119$25,657
Distributable Amount$44,335$45,171$46,431

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 24, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Gart Family Foundation Ltd's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Karen Risi

    Director

    On filings since 2019

    15 hrs/week

    No compensation reported

  • Kathryn Risi

    Director

    On filings since 2019

    5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Joseph Risi (2019–2023) — Director

Data from IRS Form 990 filings, 2019–2025. "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 Gart Family Foundation Ltd

How much does Gart Family Foundation Ltd give each year?

Gart Family Foundation Ltd gave $55K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 1 grant.

What is Gart Family Foundation Ltd's typical grant size?

Gart Family Foundation Ltd's median grant in 2025 was $3,000, and its average grant was $10,930, across 5 grants on its 2025 IRS Form 990-PF.

Where does Gart Family Foundation Ltd give grants?

Gart Family Foundation Ltd gives mostly in New York: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (5%).

Does Gart Family Foundation Ltd give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Gart Family Foundation Ltd's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Music Education" (4 grants).

Who are Gart Family Foundation Ltd's largest grantees?

Gart Family Foundation Ltd's largest 2025 grantees include Qsac Autism Community - Believe Gala ($40,000), Heart Share ($10,000) and Blood Cancer United ($3,000), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.

How large is Gart Family Foundation Ltd?

Gart Family Foundation Ltd reported $891K in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).

What is Gart Family Foundation Ltd's EIN?

Gart Family Foundation Ltd's EIN (Employer Identification Number) is 03-0450794. IRS Form 990 filing data is available on this page for 2019–2025.

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

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