Gennadius Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $640K in total assets. In 2024, it awarded 4 grants totaling $43K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$640K
-3.8% YoY
Annual Giving
$43K
+168.8% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$11K
+168.8% YoY
Under IRS private-foundation payout rules, Gennadius Foundation reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Gennadius Foundation
Based on IRS filings
Gennadius Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $640K in total assets. In 2024, it awarded 4 grants totaling $43K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $640,267 | $665,415 | $664,379 |
| Revenue | $26,003 | $24,811 | $255,580 |
| Expenses | $51,151 | $23,775 | $21,453 |
| Qualifying Distributions | $50,828 | $23,675 | $20,525 |
| Net Investment Income | $26,003 | $24,811 | $5,580 |
| Distributable Amount | $38,563 | $35,101 | $22,959 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Investments Charitable Gift Fund ($25,000), Gti Hope ($6,000), Science Club for Girls Inc ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MA | General & Unrestricted See "general explanation" | $25,000 |
| GTI HOPE SAN DIMAS, CA | to purchase 3 freshwater bore wells and 6 sewing machines for economic empowerment for women | $6,000 |
| SCIENCE CLUB FOR GIRLS INC CAMBRIDGE, MA | General & Unrestricted | $6,000 |
| TRAVIS MANION FOUNDATION DOYLESTOWN, PA | General & Unrestricted | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard J Volpe | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gennadius Foundation?
Gennadius Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $640K in total assets as of 2024.
How large is Gennadius Foundation?
As of 2024, Gennadius Foundation holds $640K in total assets with $26K in annual revenue. It awarded 4 grants totaling $43K in 2024.
Where does Gennadius Foundation operate?
Gennadius Foundation has awarded grants in California, Colorado, Connecticut, Illinois, Massachusetts, Pennsylvania, Virginia.
What size grants does Gennadius Foundation award?
In 2024, Gennadius Foundation awarded 4 grants totaling $43K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Gennadius Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gennadius Foundation reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gennadius Foundation's EIN?
Gennadius Foundation's EIN (Employer Identification Number) is 83-2394935. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gennadius Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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