GTO Foundation
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.
GTO Foundation at a glance
In short: GTO Foundation gave $70K across 5 grants in 2024 (avg $14K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $70,000
- +89.2% vs 2023
- Grants made (2024)
- 5
- -28.6% vs 2023
- Average grant
- $14,000
- +164.9% vs 2023
- Median grant
- $5,000
- Total assets
- $1,198,900
- +0.9% vs 2023
- Primary geography
- New York (71% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who GTO Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Trinity School ($50K). Together the top 5 received $70K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 24 grants of 25 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2K (2022) to $70K (2024). In 2024 it made 5 grants totaling $70K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trinity School New York, NY | Public Charity | $50,000 |
| NYC Dance Alliance Foundation West New York, NJ | Public Charity | $5,000 |
| Competitive Champions of the Carolina's For Mill, SC | Religious/Church | $5,000 |
| Juanita C Grant Foundation Fort Washington, MD | Public Charity | $5,000 |
| Joey's Foundation Washington, DC | Public Charity | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,198,900 | $124,397 | $113,682 | $70,000 | 5 | $70,000 | $78,616 | $39,822 |
| 2023 | $1,188,185 | $591,287 | $71,489 | $37,000 | 7 | $37,000 | $56,922 | $25,180 |
| 2022 | $668,387 | $-33,638 | $36,795 | $2,000 | 2 | $2,000 | $7,405 | $12,401 |
| 2021 | $738,820 | $94,734 | $34,276 | $16,000 | 3 | $16,000 | $67,270 | $19,672 |
| 2020 | $677,843 | $-435 | $58,504 | $54,250 | 8 | — | — | $33,427 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work GTO Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in GTO Foundation's focus areas in our free grants database
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