The Gift Foundation Inc
The Gift Foundation Inc is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96K in total assets. In 2024, it awarded 4 grants totaling $4K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$96K
+7.6% YoY
Annual Giving
$4K
+15.9% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$1K
-13.0% YoY
Under IRS private-foundation payout rules, The Gift Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About The Gift Foundation Inc
Based on IRS filings
The Gift Foundation Inc is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96K in total assets. In 2024, it awarded 4 grants totaling $4K. Net investment income was $3K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $95,635 | $88,895 | $78,292 |
| Revenue | $4,738 | $2,046 | $4,422 |
| Expenses | $4,575 | $4,000 | $4,448 |
| Qualifying Distributions | $4,475 | $3,900 | $4,425 |
| Net Investment Income | $3,188 | $2,046 | $4,422 |
| Distributable Amount | $4,665 | $4,157 | $4,226 |
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 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Greater Boston Food Bank ($1,000), Rosie's Place ($1,000), Camp Harbor View ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Boston Food Bank Boston, MA | ProgramSupport | $1,000 |
| Rosie's Place Boston, MA | ProgramSupport | $1,000 |
| Camp Harbor View Boston, MA | ProgramSupport | $1,000 |
| Cradles to Crayons Boston, MA | ProgramSupport | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Garrett Pierce | President | 1 | — |
| Andrew Koh | Treasurer | 1 | — |
| Stephen Riden | Clerk | 1 | — |
| Chris Cavallerano | Director | 1 | — |
Frequently Asked Questions
How large is The Gift Foundation Inc?
As of 2024, The Gift Foundation Inc holds $96K in total assets with $5K in annual revenue. It awarded 4 grants totaling $4K in 2024.
Where does The Gift Foundation Inc operate?
The Gift Foundation Inc has awarded grants in Massachusetts, New Hampshire.
What size grants does The Gift Foundation Inc award?
In 2024, The Gift Foundation Inc awarded 4 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Gift Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gift Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gift Foundation Inc's EIN?
The Gift Foundation Inc's EIN (Employer Identification Number) is 04-3396860. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Gift 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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