Gordon and Llura Gund Foundation
The Gordon & Llura Gund Foundation is a private grantmaking foundation established in 1990 and based in Princeton, New Jersey. As a private foundation operating under 501(c)(3) status, it distributes substantial charitable contributions annually through trustee discretion.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.7M
-33.7% YoY
Annual Giving
$15.1M
-40.8% YoY
Grant Count
67
+0.0% YoY
Avg Grant Size
$226K
-40.8% YoY
Under IRS private-foundation payout rules, Gordon and Llura Gund Foundation reported a distributable amount of $8.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation has not publicly disclosed a formal mission statement. However, based on documented giving patterns, the foundation supports initiatives in:
- Healthcare and medical research
- Rheumatology research and care
- Blindness and vision-related causes
- Workforce inclusion and accessibility
- Arts and cultural institutions
Grantmaking
The foundation does not maintain a public application process. Grants are awarded through trustee discretion, and the foundation appears to operate on an invitation-only basis.
How to Apply
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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
- Total Assets: $12.73 million (2024)
- Annual Giving: $15.33 million (2024), representing 98.7% of total expenses
- IRS Ruling Year: 1990
- EIN: 22-2987293
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,730,757 | $19,214,987 | $27,436,584 |
| Revenue | $5,047,974 | $15,705,340 | $19,453,953 |
| Expenses | $15,525,747 | $26,293,880 | $28,038,092 |
| Qualifying Distributions | $15,329,004 | $25,751,990 | $26,899,802 |
| Net Investment Income | $4,676,525 | $15,570,798 | $6,216,217 |
| Distributable Amount | $8,016,260 | $9,005,991 | $9,939,494 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Growald Climate Fund ($5,587,248), European Climate Foundation ($1,666,666), Brigham and Womens Hospital ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACHILLES INTERNATIONAL INC NEW YORK, NY | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $50,000 |
| ADVANCED MEDICAL RESEARCH FOUNDATION BROOKLINE, MA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $15,000 |
| AMERICAN FOUNDATION FOR THE BLIND ARLINGTON, VA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $391,000 |
| AMERICAN INDEPENDENT FOUNDATION WASHINGTON, DC | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $500,000 |
| ATHLETES FOR HOPE BETHESDA, MD | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $200,000 |
| ATLANTIC SALMON FOUNDATION BROOKLYN, NY | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $15,000 |
| BRIGHAM AND WOMENS HOSPITAL BOSTON, MA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $1,000,000 |
| BUCKS COUNTY HOUSING GROUP WARMINSTER, PA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $900 |
| CALDER PHILADELPHIA PHILADELPHIA, PA | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $250,000 |
| CAMERON AND HAYDEN LORD FDN NEW YORK, NY | TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by three trustees:
- Gordon Gund
- Grant Gund
- Gordon Z Gund
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GORDON Z GUND | TRUSTEE | 1 | — |
| GRANT GUND | TRUSTEE | 1 | — |
| GORDON GUND | TRUSTEE | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation made a significant $5 million commitment to Brigham and Women's Hospital following Llura Gund's passing in March 2020. This gift established a research award program dedicated to advancing rheumatology research and improving treatment options for rheumatoid arthritis patients.
The Gund Foundation awards $11.8 million at its July meeting \u2013 The\Frequently Asked Questions
What does Gordon and Llura Gund Foundation fund?
The foundation has not publicly disclosed a formal mission statement. However, based on documented giving patterns, the foundation supports initiatives in: • Healthcare and medical research • Rheumatology research and care • Blindness and vision-related causes • Workforce inclusion and accessibility • Arts and cultural institutions
How do I apply for a grant from Gordon and Llura Gund Foundation?
**Annual Giving Activity:** • 2024: $15.33 million in charitable disbursements • Total assets: approximately $12.73 million (as of 2024) • Historical annual distributions have ranged from $4 million to $26 million over the past decade **Application Process:** The foundation does not maintain a public application process. Grants are awarded through trustee discretion, and the foundation appears to operate on an invitation-only basis. **Notable Grants:** • $5 million gift to Brigham and Women's H…
What size grants does Gordon and Llura Gund Foundation award?
In 2024, Gordon and Llura Gund Foundation awarded 67 grants totaling $15.1M — an average of about $226K per grant, based on its IRS Form 990 filings.
How much is Gordon and Llura Gund Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gordon and Llura Gund Foundation reported a distributable amount of $8.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gordon and Llura Gund Foundation's EIN?
Gordon and Llura Gund Foundation's EIN (Employer Identification Number) is 22-2987293. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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