Gay Wise Foundation Inc
Gay Wise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Towson, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $959K in total assets. In 2025, it awarded 19 grants totaling $104K. Net investment income was $162K.
Key facts about Gay Wise Foundation Inc
In short: Gay Wise Foundation Inc gave $104K across 19 grants in 2025 (avg $5K), top state New Jersey. 53% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 20-3771728
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $104,300
- Grants made (2025)
- 19
- Average grant
- $5,489
- Median grant
- $2,500
- New grantees (estimate)
- 53% first-time grantees (10 of 19, 2025)
- Total assets
- $959,114
- Primary geography
- New Jersey (48% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Quick answers about Gay Wise Foundation Inc
How much does Gay Wise Foundation Inc give each year?
Gay Wise Foundation Inc gave $104K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $88K across 8 grants.
What is Gay Wise Foundation Inc's typical grant size?
Gay Wise Foundation Inc's median grant in 2025 was $2,500, and its average grant was $5,489, across 19 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Gay Wise Foundation Inc that year got $7K on average.
Where does Gay Wise Foundation Inc give grants?
Gay Wise Foundation Inc's top state is New Jersey, with 48% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (14%) and Florida (12%). The most frequent recipient cities were New York, NY (5 grants) and Baltimore, MD (3 grants).
Who are Gay Wise Foundation Inc's largest grantees?
Gay Wise Foundation Inc's largest 2025 grantees include Congregation Zichron Binyamin ($50,000), Washington University ($10,000) and Jewish Federation of Palm Beach ($10,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
Is Gay Wise Foundation Inc open to new grantees?
53%
first-time grantees, 2025
In 2025, 10 of 19 grantees (53%) were first-time recipients. First grants averaged $7K; repeat grants $4K. How we count
Medians: $3K first-time, $3K repeat.
- 16% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+2%). Method
- In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 Gay Wise Foundation Inc
- How to evaluate Gay Wise Foundation Inc as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$959K
+6.3% YoY
Annual Giving
$104K
+17.9% YoY
Grant Count
19
+137.5% YoY
Avg Grant Size
$5K
-50.4% YoY
Under IRS private-foundation payout rules, Gay Wise Foundation Inc reported a distributable amount of $94K for 2025 — the minimum it must pay out in qualifying distributions.
About Gay Wise Foundation Inc
Based on IRS filings
Gay Wise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Towson, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $959K in total assets. In 2025, it awarded 19 grants totaling $104K. Net investment income was $162K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 19 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $959,114 | $902,533 | $902,388 |
| Revenue | $187,917 | $114,409 | $41,970 |
| Expenses | $131,336 | $114,264 | $109,339 |
| Qualifying Distributions | $104,300 | $88,467 | $83,900 |
| Net Investment Income | $162,126 | $88,612 | $16,531 |
| Distributable Amount | $93,735 | $90,914 | $82,301 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CONGREGATION ZICHRON BINYAMIN Lakewood, NJ | CHARITABLE PURPOSES | $50,000 |
| WASHINGTON UNIVERSITY St Louis, MO | CHARITABLE PURPOSES | $10,000 |
| JEWISH FEDERATION OF PALM BEACH West Palm Beach, FL | CHARITABLE PURPOSES | $10,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADA New York, NY | CHARITABLE PURPOSES | $5,000 |
| PLANNED PARENTHOOD FEDERATION New York, NY | CHARITABLE PURPOSES | $2,500 |
| THE MYERBERG CENTER Baltimore, MD | CHARITABLE PURPOSES | $2,500 |
| BALTIMORE HUNGER PROJECT Baltimore, MD | CHARITABLE PURPOSES | $2,500 |
| ANTI-DEFAMATION LEAGUE New York, NY | CHARITABLE PURPOSES | $2,500 |
| HAR SINAI OHEB SHALOM CONGREGATION Baltimore, MD | CHARITABLE PURPOSES | $2,500 |
| MICHAEL J FOX FOUNDATION FOR PARKIN New York, NY | CHARITABLE PURPOSES | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Gay Wise Foundation Inc's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ira Gansler
Trustee
On filings since 2020
1 hr/week
No compensation reported
Mayer Guttman
Trustee
On filings since 2020
1 hr/week
No compensation reported
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.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gay Wise Foundation Inc?
Gay Wise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Towson, MD. It holds $959K in total assets as of 2025.
How large is Gay Wise Foundation Inc?
As of 2025, Gay Wise Foundation Inc holds $959K in total assets with $188K in annual revenue. It awarded 19 grants totaling $104K in 2025.
How much is Gay Wise Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Gay Wise Foundation Inc reported a distributable amount of $94K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gay Wise Foundation Inc's EIN?
Gay Wise Foundation Inc's EIN (Employer Identification Number) is 20-3771728. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.