The Genesis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAMSEY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 18 grants totaling $236K. Net investment income was $73K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-1.8% YoY
Annual Giving
$236K
-5.9% YoY
Grant Count
18
+5.9% YoY
Avg Grant Size
$13K
-11.1% YoY
Under IRS private-foundation payout rules, The Genesis Foundation reported a distributable amount of $218K for 2024 — the minimum it must pay out in qualifying distributions.
About The Genesis Foundation
Based on IRS filings
The Genesis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAMSEY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 18 grants totaling $236K. Net investment income was $73K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,687,552 | $2,735,988 | $2,753,792 |
| Revenue | $175,659 | $147,113 | $101,434 |
| Expenses | $271,923 | $276,462 | $151,847 |
| Qualifying Distributions | $256,494 | $261,362 | $134,335 |
| Net Investment Income | $72,756 | $240,558 | $329,114 |
| Distributable Amount | $217,811 | $186,544 | $194,859 |
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Washington University ($100,000), Pine Crest School Foundation ($45,000), Boca Raton Reg Hosp Fdn ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WASHINGTON UNIVERSITY ST LOUIS, MO | UNRESTRICTED GENERAL USE | $100,000 |
| PAP CORP DEERFIELD BEACH, FL | UNRESTRICTED GENERAL USE | $10,363 |
| BOCA RATON REG HOSP FDN Boca Raton, FL | UNRESTRICTED GENERAL USE | $20,000 |
| VALLEY CHABAD WOODCLIFF LAKES, NJ | UNRESTRICTED GENERAL USE | $2,340 |
| LEUKEMIA AND LYNPHOMA SOC NEW YORK, NY | UNRESTRICTED GENERAL USE | $7,500 |
| ISRAELI TENNIS CENTER FOUNDATION NEW YORK, NY | UNRESTRICTED GENERAL USE | $1,800 |
| PLAY FOR PINK NEW YORK, NY | UNRESTRICTED GENERAL USE | $1,800 |
| AMERICAN FRIENDS OF MAGEN DAV NEW YORK, NY | UNRESTRICTED GENERAL USE | $10,000 |
| PINE CREST SCHOOL FOUNDATION Boca Raton, FL | UNRESTRICTED GENERAL USE | $45,000 |
| Riverdale Country School BRONX, NY | UNRESTRICTED GENERAL USE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JERROLD GROSSMAN | PRESIDENT | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Genesis Foundation?
The Genesis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAMSEY, NJ. It holds $2.7M in total assets as of 2024.
How large is The Genesis Foundation?
As of 2024, The Genesis Foundation holds $2.7M in total assets with $176K in annual revenue. It awarded 18 grants totaling $236K in 2024.
Where does The Genesis Foundation operate?
The Genesis Foundation has awarded grants in California, District of Columbia, Florida, Missouri, New Jersey, New York, Oregon.
What size grants does The Genesis Foundation award?
In 2024, The Genesis Foundation awarded 18 grants totaling $236K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Genesis Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Genesis Foundation reported a distributable amount of $218K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Genesis Foundation's EIN?
The Genesis Foundation's EIN (Employer Identification Number) is 22-3341218. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Genesis Foundation'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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