The Gaisman Foundation Inc
The Gaisman Foundation Inc is a private foundation incorporated in Delaware in 1934 and established in 1936. Based in Wainscott, New York, the foundation accomplishes its charitable purposes solely through a program of making charitable gifts and does not conduct direct charitable activities or make program-related investments.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$54.8M
-5.4% YoY
Annual Giving
$7.2M
-2.6% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$1.2M
+13.6% YoY
Under IRS private-foundation payout rules, The Gaisman Foundation Inc reported a distributable amount of $7.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not provide a formal mission statement. However, its funding priorities include:
- Medical research and medical institutions
- Education
- Health and wellness
- Community health
- Animal welfare and rescue programs
Grantmaking
The foundation does not accept unsolicited applications. Grantmaking is by invitation only.
Grant Range
$1,000 to $5,300,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation gives primarily in New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- $54,771,132 to $61,100,000 (varies by reporting year)
- Most recent: $57,900,831 (2023)
Annual Giving:
- $7,168,000 to $7,360,000
Revenue:
- Total revenues: $8,170,157 (2023)
Giving Rate:
- 12.7% of assets
Employees:
- 0 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $54,771,132 | $57,900,831 | $61,130,280 |
| Revenue | $8,499,131 | $8,170,157 | $4,459,525 |
| Expenses | $11,517,345 | $11,371,931 | $11,513,449 |
| Qualifying Distributions | $7,168,000 | $7,360,000 | $7,524,500 |
| Net Investment Income | $4,149,786 | $4,158,226 | $470,576 |
| Distributable Amount | $7,678,929 | $7,180,475 | $7,355,265 |
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
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Charitable Gift Fund ($7,102,000), The Schwarzman Animal Medical Center ($34,000), Mt Sinai Hospital ($25,500).
| Recipient | Purpose | Amount |
|---|---|---|
| EAST HAMPTON POLICE BENEVOLENT ASSOCIATION EAST HAMPTON, NY | TO INSURE THAT THE PROTECTION OF OUR POLICE OFFICERS' RIGHTS AND FREEDOMS ARE PRESERVED | $500 |
| EAST HAMPTON PUBLIC LIBRARY EAST HAMPTON, NY | EDUCATION | $1,000 |
| FIDELITY CHARITABLE GIFT FUND NEW YORK, NY | GENERAL SUPPORT TO VARIOUS CHARITIES. | $7,102,000 |
| MT SINAI HOSPITAL NEW YORK, NY | MEDICAL RESEARCH | $25,500 |
| PATRONS OF THE ART IN THE VATICAN MUSEUM | ART RESTORATION | $5,000 |
| THE SCHWARZMAN ANIMAL MEDICAL CENTER NEW YORK, NY | NON-PROFIT ANIMAL HOSPITAL | $34,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Eric Waldman is listed as a contact person for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC WALDMAN | CHAIRMAN | 20 | — |
| KIMBERLY WALDMAN | DIRECTOR | 10 | — |
Contact Information
- Address: PO Box 841, Wainscott, NY 11975-0841
- Phone: 917-817-7710
Frequently Asked Questions
What does The Gaisman Foundation Inc fund?
The foundation does not provide a formal mission statement. However, its funding priorities include: • Medical research and medical institutions • Education • Health and wellness • Community health • Animal welfare and rescue programs
How do I apply for a grant from The Gaisman Foundation Inc?
**Grant Activity:** • Total giving: $7,168,000 to $7,360,000 annually (based on most recent filings) • Number of grants: Approximately 7-11 grants per year • Grant range: $1,000 to $5,300,000 • Median grant: $10,000 • Typical awards: $500 to $7,102,000 **Recent Grants (2023):** • Mt Sinai Hospital Pharmacy Association: $2,000,000 (Medical Research) • Stephen and Christine Schwarzman Animal Medical Center (AMC): $24,000 (Non-Profit Animal Hospital) • East Hampton Meals on Wheels (grant amount no…
Where does The Gaisman Foundation Inc make grants?
The foundation gives primarily in New York.
What size grants does The Gaisman Foundation Inc award?
In 2024, The Gaisman Foundation Inc awarded 6 grants totaling $7.2M — an average of about $1.2M per grant, based on its IRS Form 990 filings.
How much is The Gaisman Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gaisman Foundation Inc reported a distributable amount of $7.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gaisman Foundation Inc's EIN?
The Gaisman Foundation Inc's EIN (Employer Identification Number) is 13-6129464. 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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