Lawrence M Gelb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $850K in total assets. In 2024, it awarded 10 grants totaling $75K. Net investment income was $48K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$850K
-6.5% YoY
Annual Giving
$75K
-75.2% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$8K
-80.2% YoY
Under IRS private-foundation payout rules, Lawrence M Gelb Foundation Inc reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.
About Lawrence M Gelb Foundation Inc
Based on IRS filings
Lawrence M Gelb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $850K in total assets. In 2024, it awarded 10 grants totaling $75K. Net investment income was $48K.
Focus Areas
Ready to take the next step with Lawrence M Gelb Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $850,411 | $909,446 | $1,120,115 |
| Revenue | $64,617 | $256,745 | $25,906 |
| Expenses | $92,062 | $325,950 | $89,331 |
| Qualifying Distributions | $75,850 | $306,667 | $61,650 |
| Net Investment Income | $48,405 | $237,462 | — |
| Distributable Amount | $90,406 | $78,755 | $92,827 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madison Square Boys & Girls Club ($60,000), Tunnel to Towers Foundation ($5,000), Metropolitan Opera ($2,800).
| Recipient | Purpose | Amount |
|---|---|---|
| 122 EAST 66TH STREET FOUNDATION NEW YORK, NY | GENERAL CONTRIBUTION | $1,000 |
| CHURCH OF THE HEAVENLY REST NEW YORK, NY | RELIGIOUS | $1,500 |
| MADISON SQUARE BOYS & GIRLS CLUB NEW YORK, NY | PUBLIC ASSISTANCE | $60,000 |
| METROPOLITAN MUSEUM OF ART NEW YORK, NY | ARTS | $600 |
| METROPOLITAN OPERA NEW YORK, NY | ARTS | $2,800 |
| MUSIC MOUNTAIN FALLS VILLAGE, CT | ARTS | $1,000 |
| NEW YORK YOUTH SYMOPHONY NEW YORK, NY | ARTS | $1,000 |
| SHEFFIELD LAND TRUST SHEFFIELD, MA | ENVIRONMENTAL | $1,000 |
| STRATTON FOUNDATION STRATTON MOUNTAIN, VT | GENERAL CONTRIBUTION | $1,500 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | GENERAL CONTRIBUTION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRUCE S GELB | CHAIRMAN/DIRECTOR | — | — |
| SHARRON NORMAN | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lawrence M Gelb Foundation Inc?
Lawrence M Gelb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $850K in total assets as of 2024.
How large is Lawrence M Gelb Foundation Inc?
As of 2024, Lawrence M Gelb Foundation Inc holds $850K in total assets with $65K in annual revenue. It awarded 10 grants totaling $75K in 2024.
Where does Lawrence M Gelb Foundation Inc operate?
Lawrence M Gelb Foundation Inc has awarded grants in Connecticut, District of Columbia, Massachusetts, New York, Vermont.
What size grants does Lawrence M Gelb Foundation Inc award?
In 2024, Lawrence M Gelb Foundation Inc awarded 10 grants totaling $75K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Lawrence M Gelb Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lawrence M Gelb Foundation Inc reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lawrence M Gelb Foundation Inc's EIN?
Lawrence M Gelb Foundation Inc's EIN (Employer Identification Number) is 13-6113586. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lawrence M Gelb Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Joseph and Barbara Ellis Foundation
ISELIN, NJ
Assets
$1.0M
Grants
45
Total Given
$680K
Ibm International Foundation
ARMONK, NY
Assets
$357.7M
Grants
16
Total Given
$11.7M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
The Shoreland Foundation
LLOYD HARBOR, NY
Assets
$7.3M
Grants
32
Total Given
$5.2M
Texas Instruments Foundation
DALLAS, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
J & Ar Foundation
NEW YORK, NY
Assets
$41.1M
Grants
40
Total Given
$1.7M
The Paul & Harriet Weissman Family
WHITE PLAINS, NY
Assets
$7.8M
Grants
35
Total Given
$520K
Barbara and Donald Tober Foundation
NEW YORK, NY
Assets
$53K
Grants
4
Total Given
$12K
Berkshire Taconic Community
SHEFFIELD, MA
Assets
$251.8M
Grants
381
Total Given
$12.8M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
More Funders in New York
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lawrence M Gelb Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities