Gero Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $320K in total assets. In 2024, it awarded 18 grants totaling $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$320K
+25.6% YoY
Annual Giving
$35K
-51.5% YoY
Grant Count
18
-45.5% YoY
Avg Grant Size
$2K
-11.1% YoY
Under IRS private-foundation payout rules, Gero Foundation Inc reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Gero Foundation Inc
Based on IRS filings
Gero Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $320K in total assets. In 2024, it awarded 18 grants totaling $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $320,057 | $254,917 | $331,817 |
| Revenue | $100,000 | — | $244,955 |
| Expenses | $34,860 | $76,900 | $88,864 |
| Qualifying Distributions | $34,860 | $71,900 | $78,540 |
| Net Investment Income | — | — | — |
| Distributable Amount | $14,159 | $14,448 | $13,626 |
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
152 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Friends of the Israeli Defense Forces ($18,000), Gatestone Organization ($10,000), Birthright Israel Foundation ($1,000).
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEONARD GERO | DIRECTOR | 5 | — |
| CAROLYN GERO | DIRECTOR | — | — |
| ROBERT C LORENC | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gero Foundation Inc?
Gero Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $320K in total assets as of 2024.
How large is Gero Foundation Inc?
As of 2024, Gero Foundation Inc holds $320K in total assets with $100K in annual revenue. It awarded 18 grants totaling $35K in 2024.
Where does Gero Foundation Inc operate?
Gero Foundation Inc has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Indiana, Kansas, Massachusetts, Maryland, North Dakota, New York, Ohio, South Carolina, Texas, Virginia.
What size grants does Gero Foundation Inc award?
In 2024, Gero Foundation Inc awarded 18 grants totaling $35K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Gero Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gero Foundation Inc reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gero Foundation Inc's EIN?
Gero Foundation Inc's EIN (Employer Identification Number) is 82-2639205. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gero Foundation Inc'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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