Generations of Giving Foundation Inc
Generations of Giving Foundation Inc is a private foundation based in Wilmington, Delaware. The foundation was established in 2020 and operates as a 501(c)(3) organization. It is also known as the Daniel H Lome Foundation. The foundation operates with no employees and maintains significant assets to support its grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.0M
+1.8% YoY
Annual Giving
$768K
+27.0% YoY
Grant Count
42
+10.5% YoY
Avg Grant Size
$18K
+14.9% YoY
Under IRS private-foundation payout rules, Generations of Giving Foundation Inc reported a distributable amount of $657K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
The foundation made $768,000 in total grants in 2024. Typical grant awards range from $2,000 to $100,000.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Illinois, New York, and California.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of December 2024)
- Total Assets: $11,988,166
- Total Revenues: $1,110,142
- Total Expenses: $902,799
- Investment Income and Dividends: $339,158
Revenue Composition
Investment income and dividends represent the primary revenue source, with $339,158 in investment returns during 2024, representing a 7.9% increase from the prior year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,988,166 | $11,780,823 | $11,657,798 |
| Revenue | $1,110,142 | $811,013 | $-680,934 |
| Expenses | $902,799 | $687,988 | $626,623 |
| Qualifying Distributions | $853,913 | $676,444 | $608,737 |
| Net Investment Income | $1,033,756 | $906,566 | — |
| Distributable Amount | $656,654 | $571,173 | $562,123 |
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 2024
Grant Size Distribution
191 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brothers for Life ($100,000), The Shalom Hartman Institute of North America ($100,000), Extensions Dance Co ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN BLUES THEATER CHICAGO, IL | General & Unrestricted | $2,500 |
| AMERICAN FRIENDS OF SHALVA ISRAEL INC NEW YORK, NY | General & Unrestricted | $10,000 |
| BIRTHRIGHT ISRAEL FOUNDATION NEW YORK, NY | General & Unrestricted | $10,000 |
| BROTHERS FOR LIFE SEATTLE, WA | General & Unrestricted | $100,000 |
| BRUCE WOOD DANCE CO INC DALLAS, TX | General & Unrestricted | $30,000 |
| C21 WOMENS ENSEMBLE CHICAGO, IL | General & Unrestricted | $25,000 |
| CALS ALL STAR ANGEL FOUNDATION INC SAINT CHARLES, IL | General & Unrestricted | $15,000 |
| CENTER FOR ENRICHED LIVING RIVERWOODS, IL | General & Unrestricted | $10,000 |
| CHICAGO DANCE CRASH NFP CHICAGO, IL | General & Unrestricted | $3,000 |
| CHICAGO PUBLIC MEDIA INC CHICAGO, IL | General & Unrestricted | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steven Borkan | Dir, Treas | 1 | $10,000 |
| Cynthia Brown | Sec, Dir | 2 | $10,000 |
| Lauren Brown | Dir, Pres | 2 | $10,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Generations of Giving Foundation Inc fund?
The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
How do I apply for a grant from Generations of Giving Foundation Inc?
**Grant Activity & Amounts** The foundation made $768,000 in total grants in 2024. Typical grant awards range from $2,000 to $100,000. **Recent Grants (2024)** Notable recent grants include: • Brothers for Life: $100,000 (General & Unrestricted) • The Shalom Hartman Institute of North America: $100,000 (General & Unrestricted) • Extensions Dance Company: $50,000 (General & Unrestricted) The foundation made 39 grants in total during 2024.
Where does Generations of Giving Foundation Inc make grants?
The foundation's grantmaking focuses primarily on Illinois, New York, and California.
What size grants does Generations of Giving Foundation Inc award?
In 2024, Generations of Giving Foundation Inc awarded 42 grants totaling $768K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Generations of Giving Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Generations of Giving Foundation Inc reported a distributable amount of $657K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Generations of Giving Foundation Inc's EIN?
Generations of Giving Foundation Inc's EIN (Employer Identification Number) is 84-3163557. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Generations of Giving Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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