Gerard Foundation

Foundation · Grantmaker Seahurst, WA EIN: 20-1033479

Gerard Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Seahurst, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 9 grants totaling $104K. Net investment income was $55K.

Key facts about Gerard Foundation

EIN: 20-1033479
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $103,500
Grants made (2024): 9
Average grant: $11,500
Median grant: $5,000
Total assets: $1,436,772
Primary geography: Washington (86% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Gerard Foundation funds

By grant dollars, the top recipient states for Gerard Foundation's 9 itemized 2024 grants were Washington (86%) and Indiana (10%). The most frequent recipient cities were Seattle, WA (3 grants), Tukwila, WA (2 grants) and Notre Dame, IN (2 grants). None of its 9 grants with a stated purpose were described as general or operating support.

How Gerard Foundation gives

Giving grew 27% from 2021 to 2024. Method
In 2024 it paid out 123% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Gerard Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-3.0% YoY

Annual Giving

$104K

+78.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

+78.4% YoY

Under IRS private-foundation payout rules, Gerard Foundation reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.

About Gerard Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $89K (86%)

Indiana $10K (10%)

Arizona $5K (5%)

Share of all 9 itemized 2024 grant dollars.

States

Arizona Indiana Washington West Virginia

Cities

Notre DameSeattleTempeTukwilaMaple ValleySeahurstFreelandHuntington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,436,772	$1,481,110	$1,492,492
Revenue	$66,862	$62,838	$39,473
Expenses	$122,200	$74,220	$132,289
Qualifying Distributions	$107,455	$61,362	$117,492
Net Investment Income	$55,257	$52,972	$30,221
Distributable Amount	$87,034	$77,759	$83,757

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 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 7 recipients in 2024

Grant Size Distribution

36 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Starfire Sports ($85,000 across 2 grants), University of Notre Dame ($10,000 across 2 grants), Asu Foundation ($5,000).

Recipient	Purpose	Amount
STARFIRE SPORTS Tukwila, WA	ACCESS TO SPORTS FOR DISADVANTAGED YOUTH	$80,000
ASU FOUNDATION Tempe, AZ	ENSURING AND ELEVATING ACADEMIC EXCELLENCE	$5,000
UNIVERSITY OF NOTRE DAME Notre Dame, IN	ST. JOSEPH ENGINEERING SCHOLARSHIP	$5,000
UNIVERSITY OF NOTRE DAME Notre Dame, IN	COLLEGE OF ENGINEERING MOMENTUM FUND	$5,000
STARFIRE SPORTS Tukwila, WA	JULY STEM ARTS CAMP	$5,000
CATHOLIC COMMUNITY SERVICES Seattle, WA	HELP SUPPORT FAMILIES AND INDIVIDUALS STRUGGLING IN OUR COMMUNITY.	$1,000
HIGHLINE AREA FOOD BANK Seattle, WA	DEDICATED TO GATHERING AND DISTRIBUTION OF FOOD TO THOSE IN NEED	$1,000
VINE MAPLE PLACE Maple Valley, WA	ORGANIZATION THAT BREAKS THE GENERATIONAL CYCLE OF HOMELESNESS WORKING WITH SINGLE PARENTS AND CHILDREN	$1,000
SEATTLE CHILDREN'S Seattle, WA	SUPPORT ACCESS TO HEALTHCARE FOR CHILDREN	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Jeanine Slatt	President/Treasurer	0.5	—
Chris Slatt	VP/Secretary	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gerard Foundation?

Gerard Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Seahurst, WA. It holds $1.4M in total assets as of 2024.

How large is Gerard Foundation?

As of 2024, Gerard Foundation holds $1.4M in total assets with $67K in annual revenue. It awarded 9 grants totaling $104K in 2024.

Where does Gerard Foundation operate?

Gerard Foundation has awarded grants in Arizona, Indiana, Washington, West Virginia.

What size grants does Gerard Foundation award?

In 2024, Gerard Foundation awarded 9 grants totaling $104K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Gerard Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gerard Foundation reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.