Gayda Family Foundation

BASKING RIDGE, NJ EIN: 20-6766686

Gayda Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 15 grants totaling $97K. Net investment income was $459K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+39.9% YoY

Annual Giving

$97K

+8.2% YoY

Grant Count

15

+7.1% YoY

Avg Grant Size

$6K

+1.0% YoY

Under IRS private-foundation payout rules, Gayda Family Foundation reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.

About Gayda Family Foundation

Based on IRS filings

Gayda Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 15 grants totaling $97K. Net investment income was $459K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AlhambraBostonCedar KnollsFar HillsHealdsburgLong BeachMiamiMillingtonNewtownPalm BeachPalm Beach GardensPhiladelphiaWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$126K$253K$379K$505K20202021202220232024
Metric202420232022
Total Assets$1,118,751$799,458$1,172,805
Revenue$52,162$56,630$54,939
Expenses$97,842$90,682$93,493
Qualifying Distributions$97,055$89,628$92,200
Net Investment Income$459,356$56,630$70,408
Distributable Amount$119,955$106,081$105,362

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$49K$73K$97K15 grants202013 grants202116 grants202214 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

St Joseph Preparatory Hi…$40KHomeless Solutions Inc$31KKun-Yang LinDancers$5KRamona Convent Secondary…$4KPalm Beach Civic Associa…$4KFeed the Hungry Pantry$3KBoston University School…$2KThe Lord's Place$2KUniversity of Pennsylvania$2KArmory Art Center$1K

Grant Size Distribution

73 grants across all recorded years

73<$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 St Joseph Preparatory High School ($40,000), Homeless Solutions Inc ($31,000), Kun-Yang LinDancers ($5,000).

RecipientPurposeAmount
Armory Art Center West Palm Beach, FLUnrestricted gift to support entity$1,000
Boston University School of Law Boston, MAUnrestricted gift for entitiys purp$2,000
California State University Long Beach Foundation Long Beach, CAUnrestricted Gift for Entitys Purpose$1,000
Center for Creative Education West Palm Beach, FLUnrestricted Gift for Entitys Purpose$1,000
Chandler Hall Newtown, PAUnrestricted Gift for Entitys Purpose$500
Feed the Hungry Pantry Palm Beach Gardens, FLUnrestricted Gift for Entitys Purpose$2,500
Homeless Solutions Inc Cedar Knolls, NJUnrestricted Gift for Entitys Purpose$31,000
The Lord's Place West Palm Beach, FLUnrestricted Gift for Entitys Purpose$2,000
Ramona Convent Secondary School Alhambra, CAUnrestricted Gift for Entitys Purpose$4,000
Raptor Trust Millington, NJUnrestricted Gift for Entitys Purpose$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL D GAYDATrustee

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Gayda Family Foundation?

Gayda Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. It holds $1.1M in total assets as of 2024.

How large is Gayda Family Foundation?

As of 2024, Gayda Family Foundation holds $1.1M in total assets with $52K in annual revenue. It awarded 15 grants totaling $97K in 2024.

Where does Gayda Family Foundation operate?

Gayda Family Foundation has awarded grants in California, Florida, Massachusetts, New Jersey, Pennsylvania.

What size grants does Gayda Family Foundation award?

In 2024, Gayda Family Foundation awarded 15 grants totaling $97K — an average of about $6K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gayda Family Foundation reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gayda Family Foundation's EIN?

Gayda Family Foundation's EIN (Employer Identification Number) is 20-6766686. 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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