Homer & Martha Gudelsky Family Fdn
The Homer and Martha Gudelsky Family Foundation is a private family foundation established in 1968 and incorporated in Maryland. Based in Silver Spring, Maryland, the foundation was created by Martha Gudelsky and her husband Homer Gudelsky, a prominent real estate developer. The foundation operates as an investment-income generating entity that makes grants to preselected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.1M
+2.2% YoY
Annual Giving
$3.5M
+15.8% YoY
Grant Count
21
+75.0% YoY
Avg Grant Size
$165K
-33.8% YoY
Under IRS private-foundation payout rules, Homer & Martha Gudelsky Family Fdn reported a distributable amount of $3.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports charitable programs aimed at improving health, education, the arts, and community services. Primary funding areas include:
- Social & Human Services (approximately 47-49% of giving)
- Education (approximately 21% of giving)
- Health (approximately 8% of giving)
- Arts & Culture
- Environment
- Religion
Grantmaking
The foundation operates on an invitation-only basis and does not accept unsolicited applications. Applicants who are contacted by the foundation must submit a letter that includes a detailed description of the reason for their request. There are no published application deadlines.
Grant Range
$5,000 to $2,415,000
Review Cycle
.
How to Apply
**
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Geographic Focus
Where this funder awards grants
Approximately 87% of grants remain in Maryland, with particular concentration in Silver Spring and surrounding areas. The foundation also provides support to organizations in Florida and Delaware.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $38,127,612
- Total Revenue: $4,369,027
- Total Expenses: $3,544,661
- Annual Giving: $3,475,000
- Net Income: $824,366
- Total Liabilities: $0
The foundation generates income exclusively from investments.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,127,612 | $37,303,246 | $37,862,653 |
| Revenue | $4,369,027 | $2,469,869 | $2,627,582 |
| Expenses | $3,544,661 | $3,029,276 | $2,930,882 |
| Qualifying Distributions | $3,475,000 | $3,000,000 | $2,910,000 |
| Net Investment Income | $2,598,965 | $2,469,859 | $1,568,423 |
| Distributable Amount | $3,022,323 | $2,867,108 | $2,924,276 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
86 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Martha B Gudelsky Child Dev Center ($2,000,000), Montgomery College Foundation ($320,000), Hadassah ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN VISIONARY ART MUSEUM BALTIMORE, MD | TO FURTHER CHARITABLE ACTIVITIES | $100,000 |
| BELIEVE IN TOMORROW CHILDREN'S FOUNDATION CATONSVILLE, MD | TO FURTHER CHARITABLE ACTIVITIES | $30,000 |
| BOYS AND GIRLS CLUBS OF BROWARD COUNTY FORT LAUDERDALE, FL | TO FURTHER CHARITABLE ACTIVITIES | $75,000 |
| COASTAL HOSPICE SALISBURY, MD | TO FURTHER CHARITABLE ACTIVITIES | $20,000 |
| DRAVET SYNDROME FOUNDATION CHERRY HILL, NJ | TO FURTHER CHARITABLE ACTIVITIES | $50,000 |
| HUMAN RIGHTS WATCH NEW YORK, NY | TO FURTHER CHARITABLE ACTIVITIES | $20,000 |
| MARTHA B GUDELSKY CHILD DEV CENTER SILVER SPRING, MD | TO FURTHER CHARITABLE ACTIVITIES | $2,000,000 |
| MARYLAND FOOD BANK BALTIMORE, MD | TO FURTHER CHARITABLE ACTIVITIES | $20,000 |
| OSEH SHALOM CONGREGATION LAUREL, MD | TO FURTHER CHARITABLE ACTIVITIES | $100,000 |
| TEMPLE BAT YAM BERLIN, MD | TO FURTHER CHARITABLE ACTIVITIES | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by members of the Gudelsky family:
- John Gudelsky – President
- Medda Gudelsky – Vice President
- Holly Stone – Vice President
- Rita G Regino – Vice President
- Sam Yedlin – Treasurer
- Jonathan Genn – Secretary
All board members serve without compensation and on a part-time basis (0 hours per week reported).
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RITA G REGINO | VICE PRESIDENT | — | — |
| HOLLY STONE | VICE PRESIDENT | — | — |
| MEDDA GUDELSKY | VICE PRESIDENT | — | — |
| JOHN GUDELSKY | PRESIDENT | — | — |
| SAM YEDLIN | TREASURER | — | — |
| JONATHAN GENN | SECRETARY | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has maintained consistent grant-making activity, with recent years showing particular emphasis on the Martha B Gudelsky Child Development Center, which received a major grant of $2,415,000. The foundation continues to support organizations across its priority areas in Maryland and select locations in neighboring states.
Isadore and Bertha Gudelsky Family Foundation Contributes $15,000 to HighFrequently Asked Questions
What does Homer & Martha Gudelsky Family Fdn fund?
The foundation supports charitable programs aimed at improving health, education, the arts, and community services. Primary funding areas include: • **Social & Human Services** (approximately 47-49% of giving) • **Education** (approximately 21% of giving) • **Health** (approximately 8% of giving) • **Arts & Culture** • **Environment** • **Religion**
How do I apply for a grant from Homer & Martha Gudelsky Family Fdn?
**Grant Characteristics:** • Grant range: $5,000 to $2,415,000 • Median grant: $20,000-$50,000 • Annual giving: Approximately $3.5 million **Application Process:** The foundation operates on an invitation-only basis and does not accept unsolicited applications. Applicants who are contacted by the foundation must submit a letter that includes a detailed description of the reason for their request. There are no published application deadlines. **Recent Grant Activity:** Notable recent grants incl…
Where does Homer & Martha Gudelsky Family Fdn make grants?
Approximately 87% of grants remain in Maryland, with particular concentration in Silver Spring and surrounding areas. The foundation also provides support to organizations in Florida and Delaware.
What size grants does Homer & Martha Gudelsky Family Fdn award?
In 2024, Homer & Martha Gudelsky Family Fdn awarded 21 grants totaling $3.5M — an average of about $165K per grant, based on its IRS Form 990 filings.
How much is Homer & Martha Gudelsky Family Fdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Homer & Martha Gudelsky Family Fdn reported a distributable amount of $3.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Homer & Martha Gudelsky Family Fdn's EIN?
Homer & Martha Gudelsky Family Fdn's EIN (Employer Identification Number) is 52-0885969. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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