TO BE A TEMPORARY BRIDGE THAT HELPS RESIDENTS STAY IN THEIR APARTMENTS DURING AN UNEXPECTED FINANCIAL EMERGENCY THAT IS OUTSIDE OF THEIR CONTROL. WE PROVIDE QUALIFIED RESIDENTS HOUSING STABILITY BY PROVIDING RENTAL ASSISTANCE AND FINANCIAL EDUCATION DESIGNED TO HELP THEM BETTER MANAGE FINANCES GOING FORWARD. OUR GOAL IS TO HELP CLIENTS AVOID EVICTION AND/OR HOMELESSNESS AND TEACH THEM THE BASIC SKILLS IN FINANCIAL MANAGEMENT NOT TAUGHT IN OUR EDUCATION SYSTEM.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$23K
+36.9% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$6K
+2.7% YoY
About The Gelt Foundation Inc
Based on IRS filings
The Gelt Foundation Inc is a nonprofit organization focused on Human Services, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 4 grants totaling $23K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $543,332 | $667,979 |
| Revenue | $120,794 | $390,288 | $520,373 |
| Expenses | $664,126 | $514,935 | $411,258 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2023
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Best Values Real Estate Llc ($6,760), On Q Property Management ($5,380), Sanders House Llc ($5,263).
| Recipient | Purpose | Amount |
|---|---|---|
| SANDERS HOUSE LLC WOODLAND HILLS, CA | RENT ASSISTANCE | $5,263 |
| BEST VALUES REAL ESTATE LLC DENVER, CO | RENT ASSISTANCE | $6,760 |
| BANNING INVESTMENT GROUP LLC GILBERT, AZ | RENT ASSISTANCE | $5,175 |
| ON Q PROPERTY MANAGEMENT GILBERT, AZ | RENT ASSISTANCE | $5,380 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEITH WASSERMAN | PRESIDENT | 8 | — |
| THERESE OSWALD | EXECUTIVE DIRECTOR | 40 | — |
| MYA TO | TREASURER | 2 | — |
| DAMIAN LANGERE | DIRECTOR | 8 | — |
| MELISSA WASSERMAN | DIRECTOR | 8 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gelt Foundation Inc?
The Gelt Foundation Inc is a nonprofit organization focused on Human Services, based in LOS ANGELES, CA. It holds — in total assets as of 2023.
Where does The Gelt Foundation Inc operate?
The Gelt Foundation Inc has awarded grants in Arizona, California, Colorado, North Carolina, Tennessee, Texas.
What size grants does The Gelt Foundation Inc award?
In 2023, The Gelt Foundation Inc awarded 4 grants totaling $23K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is The Gelt Foundation Inc's EIN?
The Gelt Foundation Inc's EIN (Employer Identification Number) is 82-1521845. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in The Gelt 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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