Petrovic Gubin Foundation

PENNINGTON, NJ EIN: 85-0981595

Petrovic Gubin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.8M in total assets. In 2024, it awarded 6 grants totaling $130K. Net investment income was $783K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.8M

+7.1% YoY

Annual Giving

$130K

-35.0% YoY

Grant Count

+20.0% YoY

Avg Grant Size

$22K

-45.8% YoY

Under IRS private-foundation payout rules, Petrovic Gubin Foundation reported a distributable amount of $630K for 2024 — the minimum it must pay out in qualifying distributions.

About Petrovic Gubin Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $300K (33%)

California $200K (22%)

Massachusetts $200K (22%)

Wisconsin $145K (16%)

Texas $50K (5%)

Virginia $10K (1%)

Vermont $10K (1%)

States

California Massachusetts Ohio Texas Virginia Vermont Wisconsin

Cities

ArlingtonBostonChesterDallasHinesburgMilwaukeeSan FranciscoSolano Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$11,755,690	$10,979,031	$8,878,529
Revenue	$1,490,100	$3,824,054	$8,261,421
Expenses	$216,695	$349,703	$366,876
Qualifying Distributions	$163,749	$227,217	$300,978
Net Investment Income	$782,529	$1,639,257	$3,904,536
Distributable Amount	$630,413	$428,735	$188,188

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

21 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Partners in Health ($50,000), Uwm Research Foundation ($25,000), Food Freedom Milwaukee ($25,000).

Recipient	Purpose	Amount
WALKERS POINT YOUTH AND FAMILY CENTER MILWAUKEE, WI	UNRESTRICTED GENERAL	$10,000
UWM RESEARCH FOUNDATION MILWAUKEE, WI	UNRESTRICTED GENERAL	$25,000
ARC HEALTH FOUNDATION HINESBURG, VT	UNRESTRICTED GENERAL	$10,000
KINSHIP COMMUNITY FOOD MILWAUKEE, WI	UNRESTRICTED GENERAL	$10,000
PARTNERS IN HEALTH BOSTON, MA	UNRESTRICTED GENERAL	$50,000
FOOD FREEDOM MILWAUKEE MILWAUKEE, WI	UNRESTRICTED GENERAL	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SHACEY M PETROVIC	CO-TRUSTEE	2	—
NATHAN M GUBIN	CO-TRUSTEE	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Petrovic Gubin Foundation?

Petrovic Gubin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $11.8M in total assets as of 2024.

How large is Petrovic Gubin Foundation?

As of 2024, Petrovic Gubin Foundation holds $11.8M in total assets with $1.5M in annual revenue. It awarded 6 grants totaling $130K in 2024.

Where does Petrovic Gubin Foundation operate?

Petrovic Gubin Foundation has awarded grants in California, Massachusetts, Ohio, Texas, Virginia, Vermont, Wisconsin.

What size grants does Petrovic Gubin Foundation award?

In 2024, Petrovic Gubin Foundation awarded 6 grants totaling $130K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Petrovic Gubin Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Petrovic Gubin Foundation reported a distributable amount of $630K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.