GSGN Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $174K in total assets. In 2024, it awarded 6 grants totaling $22K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$174K
-9.7% YoY
Annual Giving
$22K
-1.9% YoY
Grant Count
6
-33.3% YoY
Avg Grant Size
$4K
+47.2% YoY
Under IRS private-foundation payout rules, GSGN Foundation reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About GSGN Foundation
Based on IRS filings
GSGN Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $174K in total assets. In 2024, it awarded 6 grants totaling $22K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $174,269 | $193,047 | $210,483 |
| Revenue | $16,880 | $17,251 | $16,966 |
| Expenses | $35,658 | $34,687 | $35,755 |
| Qualifying Distributions | $27,958 | $28,245 | $29,153 |
| Net Investment Income | $9,180 | $11,168 | $13,372 |
| Distributable Amount | $38,841 | $28,424 | $27,779 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Illinois Partners in Hope Nfp ($10,000), Palos Verdes Peninsula Education Foundation ($5,750), Torrance South Bay Community Church ($2,241).
| Recipient | Purpose | Amount |
|---|---|---|
| CAL STATE FULLERTON PHILANTHROPIC FOUNDATION FULLERTON, CA | California State University, Fullerton Titan Track and Field Team | $300 |
| CANCER SUPPORT COMMUNITY SOUTH BAY TORRANCE, CA | General & Unrestricted | $1,600 |
| ILLINOIS PARTNERS IN HOPE NFP NEW LENOX, IL | General & Unrestricted | $10,000 |
| LAS CANDALISTAS INC PLS VRDS PNSL, CA | General & Unrestricted | $1,800 |
| PALOS VERDES PENINSULA EDUCATION FOUNDATION PALOS VERDES PENINSULA, CA | General & Unrestricted | $5,750 |
| TORRANCE SOUTH BAY COMMUNITY CHURCH TORRANCE, CA | General & Unrestricted | $2,241 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gabriel C Lam | Pres, Dir, Sec | 1 | — |
| Sharon Lam | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is GSGN Foundation?
GSGN Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $174K in total assets as of 2024.
How large is GSGN Foundation?
As of 2024, GSGN Foundation holds $174K in total assets with $17K in annual revenue. It awarded 6 grants totaling $22K in 2024.
Where does GSGN Foundation operate?
GSGN Foundation has awarded grants in Arkansas, California, Illinois, Texas.
What size grants does GSGN Foundation award?
In 2024, GSGN Foundation awarded 6 grants totaling $22K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is GSGN Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, GSGN Foundation reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is GSGN Foundation's EIN?
GSGN Foundation's EIN (Employer Identification Number) is 26-1616193. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in GSGN Foundation'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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