GTO Foundation

Private foundation · Grantmaker Bethesda, MD EIN: 20-8058053

GTO Foundation is a private foundation, based in Bethesda, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 5 grants totaling $70K. Net investment income was $79K.

Key facts about GTO Foundation

In short: GTO Foundation gave $70K across 5 grants in 2024 (avg $14K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
20-8058053
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$70,000
Grants made (2024)
5
Average grant
$14,000
Median grant
$5,000
Total assets
$1,198,900
Primary geography
New York (71% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+0.9% YoY

Annual Giving

$70K

+89.2% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$14K

+164.9% YoY

Under IRS private-foundation payout rules, GTO Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

How GTO Foundation gives

  • Giving grew 338% from 2021 to 2024. Method
  • In 2024 it paid out 176% 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

9states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

Palm CityCapital HeightsStuartWashingtonDurhamWest New YorkEastonFor MillFort WashingtonFredericksburgFriscoNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K8 grants2020 3 grants2021 2 grants2022 7 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $2K (2022) to $70K (2024). In 2024 it made 5 grants totaling $70K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Trinity School: $50KTrinity School$50KNYC Dance Alliance Foundation: $5KNYC Dance Alliance Foundation$5KCompetitive Champions of the Carolina's: $5KCompetitive Champions of theCarolina's$5KJuanita C Grant Foundation: $5KJuanita C Grant Foundation$5KJoey's Foundation: $5KJoey's Foundation$5K

The largest 2024 recipient was Trinity School ($50K). Together the top 5 received $70K.

Grant Size Distribution

25 grants across all recorded years

24<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 25 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Trinity School New York, NYPublic Charity$50,000
NYC Dance Alliance Foundation West New York, NJPublic Charity$5,000
Competitive Champions of the Carolina's For Mill, SCReligious/Church$5,000
Juanita C Grant Foundation Fort Washington, MDPublic Charity$5,000
Joey's Foundation Washington, DCPublic Charity$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,198,900$1,188,185$668,387
Revenue$124,397$591,287$-33,638
Expenses$113,682$71,489$36,795
Qualifying Distributions$70,000$37,000$2,000
Net Investment Income$78,616$56,922$7,405
Distributable Amount$39,822$25,180$12,401

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

GTO Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Elizabeth O. Walters

    Trustee

    On filings since 2020

    No compensation reported

  • Robert R. Miller

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 GTO Foundation

How much does GTO Foundation give each year?

GTO Foundation gave $70K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $37K across 7 grants.

What is GTO Foundation's typical grant size?

GTO Foundation's median grant in 2024 was $5,000, and its average grant was $14,000, across 5 grants on its 2024 IRS Form 990-PF.

Where does GTO Foundation give grants?

GTO Foundation gives mostly in New York: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (7%) and South Carolina (7%).

Does GTO Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on GTO Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Public Charity" (4 grants).

Who are GTO Foundation's largest grantees?

GTO Foundation's largest 2024 grantees include Trinity School ($50,000), NYC Dance Alliance Foundation ($5,000) and Competitive Champions of the Carolina's ($5,000), according to its 2024 IRS Form 990-PF. Together they received 86% of its itemized 2024 grant dollars.

How large is GTO Foundation?

GTO Foundation reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $70K in qualifying distributions that year, against a required minimum of $40K (roughly 5% of its investment assets).

What is GTO Foundation's EIN?

GTO Foundation's EIN (Employer Identification Number) is 20-8058053. IRS Form 990 filing data is available on this page for 2020–2024.

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

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