The Gb Foundation

CHEVY CHASE, MD EIN: 20-6686325

The Gb Foundation is a private foundation focused on Human Services, based in CHEVY CHASE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 6 grants totaling $270K. Net investment income was $178K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-6.8% YoY

Annual Giving

$270K

+20.0% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$45K

-20.0% YoY

Under IRS private-foundation payout rules, The Gb Foundation reported a distributable amount of $203K for 2024 — the minimum it must pay out in qualifying distributions.

About The Gb Foundation

Based on IRS filings

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $325K (34%)

New York $290K (31%)

Michigan $150K (16%)

District of Columbia $136K (14%)

Maryland $40K (4%)

Illinois $5K (1%)

States

District of Columbia Illinois Maryland Michigan New York Pennsylvania

Cities

Ann ArborBaltimoreCedarhurstChicagoNew YorkRockvilleSelinsgroveSunburyWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,309,360	$1,405,027	$1,496,030
Revenue	$185,341	$143,515	$95,358
Expenses	$281,008	$234,518	$133,848
Qualifying Distributions	$271,450	$226,350	$126,250
Net Investment Income	$178,283	$137,283	$86,710
Distributable Amount	$202,518	$170,948	$172,921

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

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jerusalem College of Technology Friends of Jerusalem ($100,000), Union of Orthodox Jewish Congregations of America ($50,000), University of Michigan - Um Israel Partnership ($50,000).

Recipient	Purpose	Amount
UNION OF ORTHODOX JEWISH CONGREGATIONS OF AMERICA NEW YORK, NY	JEWISH LEARNING INITIATIVE ON CAMPUS (JLIC MICHIGAN-GENERAL DONATION)	$50,000
CHICAGO JESUIT ACADEMY CHICAGO, IL	GENERAL CONTRIBUTION	$5,000
JERUSALEM COLLEGE OF TECHNOLOGY FRIENDS OF JERUSALEM CEDARHURST, NY	AID IN EDUCATIONAL FUNDING	$100,000
UNIVERSITY OF MICHIGAN - UM ISRAEL PARTNERSHIP ANN ARBOR, MI	JEWISH LIFE AND LEARNING	$50,000
KOL SHALOM ROCKVILLE, MD	GENERAL CONTRIBUTION	$15,000
GEORGETOWN SYNAGOGUE KESHER ISRAEL WASHINGTON, DC	GENERAL CONTRIBUTION	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ELLEN WEIS GOLDSTEIN	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is The Gb Foundation?

The Gb Foundation is a private foundation focused on Human Services, based in CHEVY CHASE, MD. It holds $1.3M in total assets as of 2024.

How large is The Gb Foundation?

As of 2024, The Gb Foundation holds $1.3M in total assets with $185K in annual revenue. It awarded 6 grants totaling $270K in 2024.

Where does The Gb Foundation operate?

The Gb Foundation has awarded grants in District of Columbia, Illinois, Maryland, Michigan, New York, Pennsylvania.

What size grants does The Gb Foundation award?

In 2024, The Gb Foundation awarded 6 grants totaling $270K — an average of about $45K per grant, based on its IRS Form 990 filings.

How much is The Gb Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gb Foundation reported a distributable amount of $203K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.