Gil Family Foundation

Private foundation · Grantmaker Marblehead, MA EIN: 26-2145956

Gil Family Foundation is a private foundation, based in Marblehead, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $459K in total assets. In 2025, it awarded 1 grant totaling $63K. Net investment income was $550.

Key facts about Gil Family Foundation

In short: Gil Family Foundation gave $63K across 1 grant in 2025 (avg $63K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
26-2145956
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$63,000
Grants made (2025)
1
Average grant
$63,000
Median grant
$63,000
Total assets
$458,759
Primary geography
Florida (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$459K

-12.3% YoY

Annual Giving

$63K

+5.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$63K

+5.0% YoY

Under IRS private-foundation payout rules, Gil Family Foundation reported a distributable amount of $60K for 2025 — the minimum it must pay out in qualifying distributions.

How Gil Family Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+13%). Method
  • In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

OrlandoSaratoga Springs

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 1 grant2021 2 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $55K (2020) to $63K (2025). In 2025 it made 1 grant totaling $63K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Schwab Charitable Fund - Cy Gezunt: $63KSchwab Charitable Fund - CyGezunt$63K

The largest 2025 recipient was Schwab Charitable Fund - Cy Gezunt ($63K).

Grant Size Distribution

6 grants across all recorded years

1<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 5 grants of 6 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable Fund - Cy Gezunt Orlando, FLCharitable Purpose$63,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$458,759$522,849$582,555
Revenue$1,979$3,203$3,509
Expenses$66,069$62,909$57,699
Qualifying Distributions$64,431$61,456$56,351
Net Investment Income$550$1,750$2,161
Distributable Amount$59,823$56,606$51,083

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)

Leadership & Key People

Officers and directors from IRS filings

Gil Family Foundation is led by Gilbert F Asher, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gilbert F Asher

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jamie Asher Berg

    President

    Treasurer → President, 2025

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Whitney Asher

    Vice President & Treasurer

    Secretary → Vice President & Treasurer, 2025

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Ethan Berg

    Vice President & Secretary

    New on the 2025 filing

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Gil Family Foundation

How much does Gil Family Foundation give each year?

Gil Family Foundation gave $63K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 1 grant.

How large is Gil Family Foundation?

Gil Family Foundation reported $459K in total assets on its 2025 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $60K (roughly 5% of its investment assets).

Where does Gil Family Foundation operate?

Gil Family Foundation has awarded grants in Florida, New York.

What is Gil Family Foundation's EIN?

Gil Family Foundation's EIN (Employer Identification Number) is 26-2145956. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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