The Caroline and Albert Gazin

Foundation · Grantmaker Nipomo, CA EIN: 77-0646725

The Caroline and Albert Gazin is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nipomo, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 5 grants totaling $101K. Net investment income was $78K.

Key facts about The Caroline and Albert Gazin

In short: The Caroline and Albert Gazin gave $101K across 5 grants in 2024 (avg $20K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
77-0646725
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$101,037
Grants made (2024)
5
Average grant
$20,207
Median grant
$25,259
Total assets
$1,788,379
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-1.5% YoY

Annual Giving

$101K

+66.8% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$20K

+66.8% YoY

Under IRS private-foundation payout rules, The Caroline and Albert Gazin reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.

How The Caroline and Albert Gazin gives

  • Giving held roughly steady from 2021 to 2024 (−16%). Method
  • In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 5 itemized 2024 grant dollars.

States

Cities

San Luis ObispoSanta Barbara

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K5 grants20205 grants20215 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Cancer Foundation of Santa Barbara: $25KCancer Foundation of SantaBarbara$25KFeline Network of the Central Coast: $25KFeline Network of the CentralCoast$25KWoods Humane Society: $25KWoods Humane Society$25KAchievement House Inc of Slo: $13KAchievement House Inc of Slo$13KHospice of San Luis Obispo County: $13KHospice of San Luis ObispoCounty$13K

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CANCER FOUNDATION OF SANTA BARBARA Santa Barbara, CACHARITABLE - HEALTH & PUBLIC WELFARE$25,259
FELINE NETWORK OF THE CENTRAL COAST San Luis Obispo, CACHARITABLE - ANIMAL CARE$25,259
WOODS HUMANE SOCIETY San Luis Obispo, CACHARITABLE - ANIMAL CARE$25,259
ACHIEVEMENT HOUSE INC OF SLO San Luis Obispo, CACHARITABLE - HEALTH & PUBLIC WELFARE$12,630
HOSPICE OF SAN LUIS OBISPO COUNTY San Luis Obispo, CACHARITABLE - HEALTH & PUBLIC WELFARE$12,630

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
Total Assets$1,788,379$1,815,356$1,915,271
Revenue$105,990$-8,695$-161,887
Expenses$132,967$91,220$175,017
Qualifying Distributions$101,037$60,558$129,178
Net Investment Income$78,335$28,675$20,956
Distributable Amount$109,605$99,279$108,137

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Caroline and Albert Gazin is led by Michael W. Seitz, CEO on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael W. Seitz

    CEO

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • David T. McKee

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Edwin R. Shaw

    CFO

    On filings since 2020

    0.5 hrs/week

    No compensation reported

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 The Caroline and Albert Gazin

How much does The Caroline and Albert Gazin give each year?

The Caroline and Albert Gazin gave $101K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $61K across 5 grants.

What is The Caroline and Albert Gazin's typical grant size?

The Caroline and Albert Gazin's median grant in 2024 was $25,259, and its average grant was $20,207, across 5 grants on its 2024 IRS Form 990-PF.

Where does The Caroline and Albert Gazin give grants?

The Caroline and Albert Gazin gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Luis Obispo, CA (4 grants).

Does The Caroline and Albert Gazin give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on The Caroline and Albert Gazin's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable - Health & Public Welfare" (3 grants).

Who are The Caroline and Albert Gazin's largest grantees?

The Caroline and Albert Gazin's largest 2024 grantees include Cancer Foundation of Santa Barbara ($25,259), Feline Network of the Central Coast ($25,259) and Woods Humane Society ($25,259), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.

How large is The Caroline and Albert Gazin?

The Caroline and Albert Gazin reported $1.8M in total assets on its 2024 IRS Form 990-PF. It paid out $101K in qualifying distributions that year, against a required minimum of $110K (roughly 5% of its investment assets).

What is The Caroline and Albert Gazin?

The Caroline and Albert Gazin is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nipomo, CA. It holds $1.8M in total assets as of 2024.

What is The Caroline and Albert Gazin's EIN?

The Caroline and Albert Gazin's EIN (Employer Identification Number) is 77-0646725. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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