Gulack Foundation
Gulack Foundation is a private foundation based in Pottstown, Pennsylvania. Its 2024 filing reports grants to Pennsylvania recipients, including scholarships for students and general-use support for local organizations.
Gulack Foundation at a glance
In short: Gulack Foundation gave $82K across 16 grants in 2024 (avg $5K), mostly in Pennsylvania. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $81,700
- -3.5% vs 2023
- Grants made (2024)
- 16
- +0.0% vs 2023
- Average grant
- $5,106
- -3.5% vs 2023
- Median grant
- $4,750
- Total assets
- $593,140
- +25.4% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 14, 2024; small sample)
- Primary geography
- Pennsylvania (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Gulack Foundation
- How to Apply
-
The filing says to submit a written request in the form of a letter to Scott Rakowski CPA. The foundation does not restrict giving to preselected organizations. Its stated award restriction is primarily the an individual recipient Valley and Boyertown areas in Pennsylvania.
- Review Cycle
- October 31.
- Deadline
- October 31.
- Contact
Application contact: Scott Rakowski Cpa
Mailing address: 2047 E High Street, Pottstown, PA 19464
Phone: (610) 970-7026
Email: scott@rakowskico.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Gulack Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Red Hill Fire Company ($8K). Together the top 10 received $54K.
Organizations only. It also paid 2 individual scholarships ($18,000), which are not listed by name.
Grant Size Distribution
75 grants across all recorded years
The most common grant size was under $50K: 75 grants of 75 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s filing says awards are primarily for the an individual recipient Valley and Boyertown areas in Pennsylvania. All reported 2024 grant dollars went to recipients in Pennsylvania.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
States
Cities
Is Gulack Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 14 grantees (0%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+13%). Method
- In 2024 it paid out 117% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $63K (2020) to $85K (2023). In 2024 it made 16 grants totaling $82K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 individual scholarships Recipients not named | — | $18,000 |
| Red Hill Fire Company Red Hill, PA | General Use | $7,900 |
| Eastern Berks Fire Company Barto, PA | General Use | $7,900 |
| Open Link Pennsburg, PA | General Use | $6,900 |
| Bally Ambulance Bally, PA | General Use | $5,900 |
| Upper Perkiomen Ambulance Pennsburg, PA | General Use | $5,900 |
| Bally Lions Club Barto, PA | General Use | $5,000 |
| Salvation Army of Boyertown Boyertown, PA | General Use | $4,500 |
| Upper Perkiomen Library Red Hill, PA | General Use | $4,000 |
| Boyertown Multi Service Boyertown, PA | General Use | $3,400 |
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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 | $593,140 | $191,548 | $94,608 | $81,700 | 16 | $88,829 | $47,834 | $75,681 |
| 2023 | $473,052 | $93,691 | $95,584 | $84,700 | 16 | $87,157 | $34,596 | $81,610 |
| 2022 | $474,945 | $79,110 | $84,421 | $78,050 | 15 | $78,959 | $29,948 | $80,435 |
| 2021 | $481,690 | $77,652 | $75,509 | $72,000 | 14 | $72,549 | $33,152 | $71,341 |
| 2020 | $476,497 | $58,944 | $64,552 | $62,700 | 14 | — | $58,944 | $62,188 |
Under IRS private-foundation payout rules, Gulack Foundation reported a distributable amount of $76K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The 2024 grants included scholarships to an individual recipient High School and an individual recipient High School, as well as general-use grants to fire companies, ambulance organizations, a library, and other local recipients.
Grantmaking
In 2024, the foundation gave $81,700 through 16 grants. Grant amounts ranged from $2,000 to $9,000, with a median of $4,750. Notable grants included $9,000 each to an individual recipient High School for student scholarships and an individual recipient High School for scholarships; $7,900 each to Red Hill Fire Company and Eastern Berks Fire Company for general use; and $6,900 to Open Link for general use.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Peter Reigner as president, Cathy Eldridge as vice preside, Scott Rakowski as treasurer, Michelle Forsell as secretary, and Thomas Eddinger and Mathew Bakes as directors.
Gulack Foundation is led by Peter Reigner, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Peter Reigner
President
On filings since 2020
No compensation reported
Thomas Eddinger
Director
On filings since 2020
No compensation reported
Mathew Bakes
Director
New on the 2024 filing
No compensation reported
Cathy Eldridge
Vice President
Director → Vice President, 2024
On filings since 2020
No compensation reported
Michelle Forsell
Secretary
On filings since 2020
No compensation reported
Scott Rakowski
Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Richard Quigley (2020–2023) — Vice President
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 Gulack Foundation
How much does Gulack Foundation give each year?
Gulack Foundation gave $82K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $85K across 16 grants.
What is Gulack Foundation's typical grant size?
Gulack Foundation's median grant in 2024 was $4,750, and its average grant was $5,106, across 16 grants on its 2024 IRS Form 990-PF.
Where does Gulack Foundation give grants?
Gulack Foundation gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Pennsburg, PA (3 grants), Bally, PA (3 grants), Boyertown, PA (3 grants) and Barto, PA (2 grants).
Does Gulack Foundation give general operating support?
Yes: 88% of Gulack Foundation's 2024 grants with a stated purpose (14 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Gulack Foundation's largest grantees?
Gulack Foundation's largest 2024 grantees include Red Hill Fire Company ($7,900), Eastern Berks Fire Company ($7,900) and Open Link ($6,900), according to its 2024 IRS Form 990-PF. It also paid 2 individual scholarships ($18,000), which are not listed by name. Together they received 28% of its itemized 2024 grant dollars.
How large is Gulack Foundation?
Gulack Foundation reported $593K in total assets on its 2024 IRS Form 990-PF. It paid out $89K in qualifying distributions that year, against a required minimum of $76K (roughly 5% of its investment assets).
What does Gulack Foundation fund?
No mission statement is provided. The 2024 grants included scholarships to an individual recipient High School and an individual recipient High School, as well as general-use grants to fire companies, ambulance organizations, a library, and other local recipients. See mission & focus areas ↑
How do I apply for a grant from Gulack Foundation?
The filing says to submit a written request in the form of a letter to Scott Rakowski CPA. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Gulack Foundation's EIN?
Gulack Foundation's EIN (Employer Identification Number) is 23-6432037. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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