The Gds Foundation is a private foundation established in 2000 and located in Spring Valley, New York. It operates as a 501(c)(3) organization classified as a family foundation focused on grantmaking and philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$305K
-50.1% YoY
Annual Giving
$342K
+8.3% YoY
Grant Count
120
+14.3% YoY
Avg Grant Size
$3K
-5.2% YoY
Under IRS private-foundation payout rules, The Gds Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation promotes the activities of organizations aligned with these focus areas.
Grantmaking
The foundation made 111 grants in fiscal year 2024. Recent grant recipients include:
Grant Range
s:**
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2024:
| Metric | Amount |
|---|---|
| Total Assets | $305,036 |
| Total Revenues | $82,575 |
| Total Expenses | $344,394 |
| Total Giving | $341,997 |
| Number of Employees | 0 |
Revenue Breakdown (FY 2024):
- Total grants and contributions: $62,000
- Investment income and dividends: $6,849
- Net gain from sale of non-inventory assets: $2,160
Year-over-Year Changes (FY 2024 vs. FY 2023):
- Grants and contributions increased 434.9%
- Investment income decreased 57%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $305,036 | $611,114 | $607,407 |
| Revenue | $82,575 | $40,101 | $26,665 |
| Expenses | $344,394 | $317,623 | $86,809 |
| Qualifying Distributions | $341,997 | $315,659 | $85,221 |
| Net Investment Income | $20,575 | $28,511 | $24,415 |
| Distributable Amount | $11,094 | $23,427 | $29,495 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various ($2,895), keshurim ($100), Kupath Ezra of Rockland County Inc ($100).
| Recipient | Purpose | Amount |
|---|---|---|
| CONGREGATION YISMACH MOSHE KJ MONROE, NY | to promote activities of organization | $10 |
| KUPATH RAMBAHN KOLEL POLIN BROOKLYN, NY | to promote activities of organization | $18 |
| MARKAZ HAHSED MERKAZashdod NEW SQUARE, NY | to promote activities of organization | $18 |
| TORAHANYTIMECOM INC FLUSHING, NY | to promote activities of organization | $19 |
| CHEVRA MISHNAYOS OF MONSEY MONSEY, NY | to promote activities of organization | $20 |
| CONG ZICHRON MENASHE CHAIM MONSEY, NY | to promote activities of organization | $20 |
| CONGREGATION MESORAS UVOS AIRMONT, NY | to promote activities of organization | $20 |
| EZER CHASANIM NANUET, NY | to promote activities of organization | $20 |
| OHR CHODOSH Brooklyn, NY | to promote activities of organization | $25 |
| KUPATH CHASANIM NEW SQUARE NY Spring Valley, NY | to promote activities of organization | $30 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Soifer | trustee | — | — |
| Miriam Soifer | trustee | — | — |
| Imrich Katz | trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Gds Foundation fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation promotes the activities of organizations aligned with these focus areas.
How do I apply for a grant from The Gds Foundation?
**Grant Activity:** The foundation made 111 grants in fiscal year 2024. Recent grant recipients include: • The OJC Fund: $69,600 • Tyy of Staten Island: $50,000 • Chevra Kadisha of New Square: $32,500 **Grant Sizes:** Typical awards range from $10 to $162,100. **Geographic Focus:** The foundation primarily funds organizations in New York and New Jersey.
What size grants does The Gds Foundation award?
In 2024, The Gds Foundation awarded 120 grants totaling $342K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Gds Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gds Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gds Foundation's EIN?
The Gds Foundation's EIN (Employer Identification Number) is 13-4147796. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Gds Foundation's focus areas in our free grants database
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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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