Gennx Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 27-2613000

Gennx Foundation Inc is a private foundation based in New York, New York. Its 2025 filing reports 49 grants totaling $210,375 to organizations in several states.

Gennx Foundation Inc at a glance

In short: Gennx Foundation Inc gave $210K across 49 grants in 2025 (avg $4K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$210,375
-34.7% vs 2024
Grants made (2025)
49
+0.0% vs 2024
Average grant
$4,293
-34.7% vs 2024
Median grant
$1,500
Total assets
$10,860
-9.1% vs 2024
Primary geography
New York (59% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

How to apply to Gennx Foundation Inc

How to Apply

Contact the Foundation Board. The filing requires letters and supporting documentation describing the requesting organization’s purpose and disclosing that it is a 501(c)(3), including its EIN. The foundation states that it does not restrict giving to preselected organizations, and lists no award restrictions.

Contact

Application contact: Foundation Board
Mailing address: 200 Madison Avenue 21St Floor Suite, 2110, New York, NY 10016
Phone: (212) 257-6782

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Gennx Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

The Committee for Hispanic Children and Family: $41KThe Committee for HispanicChildren and Family$41KProject Sunshine: $25KProject Sunshine$25KPath to College Foundation Inc: $23KPath to College Foundation Inc$23KMental Health Coalition: $15KMental Health Coalition$15KNew York Womens Foundation: $15KNew York Womens Foundation$15KNasp: $12KNasp$12KLSA Family Health Services: $10KLSA Family Health Services$10KViolence Intervention Program: $10KViolence Intervention Program$10KSemper Fi & America's Fund: $8KSemper Fi & America's Fund$8KPrinceton International: $6KPrinceton International$6K

The largest 2025 recipient was The Committee for Hispanic Children and Family ($41K). Together the top 10 received $165K.

Grant Size Distribution

169 grants across all recorded years

165<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 165 grants of 169 (98%).

Geographic Focus

Where this funder awards grants

In 2025, New York recipients received 59% of grant dollars, followed by Florida (12%), Nevada (6%), California (5%), and Wisconsin (3%).

Grant Distribution by State

32states

Share of 2025 grant dollars across all 49 itemized grants.

Cities

New YorkWashingtonDallasWest Palm BeachMemphisChicagoBeaver DamClevelandSanta MonicaStaten IslandWashington DCBelle MeadGriffinLake Worth BeachLas VegasMontgomeryOceansidePrincetonWarrentonAlexandria

How Gennx Foundation Inc gives

  • 12% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+16%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K25 grants2019 16 grants2020 9 grants2021 14 grants2022 48 grants2023 49 grants2024 49 grants2025

From 2019 to 2025, annual grant giving ranged from $45K (2021) to $322K (2024). In 2025 it made 49 grants totaling $210K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Committee for Hispanic Children and Family New York, NYTo further that tax exempt mission of the organization$41,000
Project Sunshine New York, NYTo further that tax exempt mission of the organization$25,000
Path to College Foundation Inc West Palm Beach, FLTo further that tax exempt mission of the organization$23,000
Mental Health Coalition New York, NYTo further that tax exempt mission of the organization$15,000
New York Womens Foundation New York, NYTo further that tax exempt mission of the organization$15,000
Nasp Las Vegas, NVTo further that tax exempt mission of the organization$12,000
LSA Family Health Services New York, NYTo further that tax exempt mission of the organization$10,000
Violence Intervention Program New York, NYTo further that tax exempt mission of the organization$10,000
Semper Fi & America's Fund Oceanside, CATo further that tax exempt mission of the organization$7,500
Princeton International Princeton, NJTo further that tax exempt mission of the organization$6,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$10,860$213,000$214,093$210,37549$213,793—$1,635
2024$11,953$331,500$326,993$322,25049$325,493—$2,048
2023$10,529$120,001$264,718$261,61048$264,718$1$3,116
2022$155,141$300,001$184,318$181,30014$184,303—$1,315
2021$36,480$70,003$49,696$45,2759$49,696$3$1,581
2020$16,173$50,011$92,671$91,47616—$11$1,616
2019$58,833$256$84,967$80,43325—$256$4,586

Under IRS private-foundation payout rules, Gennx Foundation Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied missions. For example, Project Sunshine says it addresses the psychosocial and developmental needs of pediatric patients and their families through play-based engagement and recreation. Path to College Foundation describes its mission as expanding minds and igniting potential among overlooked students. The Mental Health Coalition says it works to destigmatize mental health and improve access to resources and support.

Other 2025 grantees describe work supporting women and girls, helping Latina survivors of domestic violence, caring for wounded and ill service members and veterans, rescuing animals, and improving children’s health through care, education, research, and advocacy.

Grantmaking

In 2025, the foundation made 49 grants totaling $210,375. Grants ranged from $125 to $41,000, with a median of $1,500. Its total grantmaking was $322,250 across 49 grants in 2024 and $261,610 across 48 grants in 2023.

Among the largest 2025 grants were $41,000 to The Committee for Hispanic Children and Family, $25,000 to Project Sunshine, $23,000 to Path to College Foundation, and $15,000 each to Mental Health Coalition and New York Women’s Foundation. The stated purpose for each was to further the recipient organization’s tax-exempt mission.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Latasha Akoma as director, Rishi Verma as chairman, and Sumit Tony as treasurer.

Gennx Foundation Inc is led by Rishi Verma, Chairman since 2022 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Rishi Verma

    Chairman

    Director → Chairman, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Latasha Akoma

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Sumit Tony

    Treasurer

    On filings since 2022

    2 hrs/week

    No compensation reported

Former officers (5)
  • Former: Olya Popili (2019–2023) — Director
  • Former: Ralph Ford (2019–2020) — Director
  • Former: Glen Bushery (2019) — Treasurer
  • Former: James Shepard (2019) — Director
  • Former: Richard Brawn (2019) — 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 Gennx Foundation Inc

How much does Gennx Foundation Inc give each year?

Gennx Foundation Inc gave $210K across 49 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $322K across 49 grants.

What is Gennx Foundation Inc's typical grant size?

Gennx Foundation Inc's median grant in 2025 was $1,500, and its average grant was $4,293, across 49 grants on its 2025 IRS Form 990-PF.

Where does Gennx Foundation Inc give grants?

Gennx Foundation Inc gives mostly in New York: 59% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (12%) and Nevada (6%). The most frequent recipient cities were New York, NY (10 grants), Beaver Dam, WI (2 grants) and Griffin, GA (2 grants).

Who are Gennx Foundation Inc's largest grantees?

Gennx Foundation Inc's largest 2025 grantees include The Committee for Hispanic Children and Family ($41,000), Project Sunshine ($25,000) and Path to College Foundation Inc ($23,000), according to its 2025 IRS Form 990-PF. Together they received 42% of its itemized 2025 grant dollars.

How large is Gennx Foundation Inc?

Gennx Foundation Inc reported $11K in total assets on its 2025 IRS Form 990-PF. It paid out $214K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What does Gennx Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied missions. For example, Project Sunshine says it addresses the psychosocial and developmental needs of pediatric patients and their families through play-based engagement and recreation. See mission & focus areas ↑

How do I apply for a grant from Gennx Foundation Inc?

Contact the Foundation Board. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Gennx Foundation Inc's EIN?

Gennx Foundation Inc's EIN (Employer Identification Number) is 27-2613000. 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. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 30, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS April 7, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)

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Cite this profile

Grantable. (2026). Gennx Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/gennx-foundation-inc-morg_56850371eb39443e9fd378545ae3c710

BibTeX
@misc{grantable_272613000_2026,
  author       = {{Grantable}},
  title        = {{Gennx Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/gennx-foundation-inc-morg_56850371eb39443e9fd378545ae3c710},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Gennx Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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