Gula Tech Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FULTON, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.2M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $8.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.2M
+41.9% YoY
Annual Giving
$1.0M
-50.0% YoY
Grant Count
1
-90.0% YoY
Avg Grant Size
$1.0M
+400.0% YoY
Under IRS private-foundation payout rules, Gula Tech Foundation Inc reported a distributable amount of $418K for 2024 — the minimum it must pay out in qualifying distributions.
About Gula Tech Foundation Inc
Based on IRS filings
Gula Tech Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FULTON, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.2M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $8.4M.
Focus Areas
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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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,214,021 | $8,609,351 | $10,465,399 |
| Revenue | $4,624,182 | $172,577 | $2,411,181 |
| Expenses | $1,019,074 | $2,028,625 | $2,056,024 |
| Qualifying Distributions | $1,005,028 | $2,009,525 | $2,018,221 |
| Net Investment Income | $8,413,962 | $519,625 | $2,159,923 |
| Distributable Amount | $418,013 | $524,596 | $506,101 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cyber Ready Clinic Inc ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CYBER READY CLINIC INC FULTON, MD | TO BRING CYBER READINESS TO ORGANIZATIONS WITH LIMITED RESOURCES WHILE DRIVING WORKFORCE DEVELOPMENT. | $1,000,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RONALD GULA | PRESIDENT | 2 | — |
| CYNTHIA GULA | DIRECTOR, TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gula Tech Foundation Inc?
Gula Tech Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FULTON, MD. It holds $12.2M in total assets as of 2024.
How large is Gula Tech Foundation Inc?
As of 2024, Gula Tech Foundation Inc holds $12.2M in total assets with $4.6M in annual revenue. It awarded 1 grants totaling $1.0M in 2024.
Where does Gula Tech Foundation Inc operate?
Gula Tech Foundation Inc has awarded grants in California, District of Columbia, Delaware, Illinois, Indiana, Massachusetts, Maryland, Michigan, North Carolina, New Jersey, Nevada, New York, Ohio, Texas, Virginia, Wyoming.
What size grants does Gula Tech Foundation Inc award?
In 2024, Gula Tech Foundation Inc awarded 1 grants totaling $1.0M — an average of about $1.0M per grant, based on its IRS Form 990 filings.
How much is Gula Tech Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gula Tech Foundation Inc reported a distributable amount of $418K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gula Tech Foundation Inc's EIN?
Gula Tech Foundation Inc's EIN (Employer Identification Number) is 85-4006945. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gula Tech Foundation Inc'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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