The Five Gs Family Foundation Inc
The Five Gs Family 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 $213K in total assets. In 2024, it awarded 31 grants totaling $10K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$213K
+0.4% YoY
Annual Giving
$10K
-6.4% YoY
Grant Count
31
-22.5% YoY
Avg Grant Size
$326.839
+20.8% YoY
Under IRS private-foundation payout rules, The Five Gs Family Foundation Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About The Five Gs Family Foundation Inc
Based on IRS filings
The Five Gs Family 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 $213K in total assets. In 2024, it awarded 31 grants totaling $10K. Net investment income was $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $213,165 | $212,409 | $217,644 |
| Revenue | $14,633 | $8,743 | $6,539 |
| Expenses | $13,877 | $13,978 | $17,201 |
| Qualifying Distributions | $10,132 | $10,822 | $13,957 |
| Net Investment Income | $11,535 | $5,854 | $3,679 |
| Distributable Amount | $11,529 | $10,935 | $11,898 |
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
178 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mayo Clinic ($3,000), Memorial Sloan Kettering Hospital ($3,000), New York Presbyterian Hospital ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZEIMER'S ASSOCIATION LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $200 |
| AMERICAN CANCER SOCIETY LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $25 |
| AMERICAN HEART ASSOCIATION LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $65 |
| AMERICAN KIDNEY FUND LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $50 |
| ARTHRITIS FOUNDATION LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $500 |
| CARE LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $57 |
| CYSTIC FOUNDATION LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $35 |
| DOCTORS WITHOUT BORDERS LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $35 |
| FEEDING AMERICA LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $25 |
| MACULAR DEGENERATION RESEARCH LIVINGSTON, NJ | GENERAL CHARITABLE PURPOSE | $25 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IRIS GLASSMAN | President | — | — |
| BRADLEY GLASSMAN | Treasurer | — | — |
| HEATH GLASSMAN | Secretary | — | — |
| STACEY GLASSMAN | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Five Gs Family Foundation Inc?
The Five Gs Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $213K in total assets as of 2024.
How large is The Five Gs Family Foundation Inc?
As of 2024, The Five Gs Family Foundation Inc holds $213K in total assets with $15K in annual revenue. It awarded 31 grants totaling $10K in 2024.
Where does The Five Gs Family Foundation Inc operate?
The Five Gs Family Foundation Inc has awarded grants in New Jersey.
What size grants does The Five Gs Family Foundation Inc award?
In 2024, The Five Gs Family Foundation Inc awarded 31 grants totaling $10K — an average of about $326.839 per grant, based on its IRS Form 990 filings.
How much is The Five Gs Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Five Gs Family Foundation Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Five Gs Family Foundation Inc's EIN?
The Five Gs Family Foundation Inc's EIN (Employer Identification Number) is 60-0000352. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Five Gs Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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