The Gihon Foundation
The Gihon Foundation is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 1 grant totaling $75K. Net investment income was $575K.
The Gihon Foundation at a glance
In short: The Gihon Foundation gave $75K across 1 grant in 2024 (avg $75K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $75,000
- Grants made (2024)
- 1
- Average grant
- $75,000
- Median grant
- $75,000
- Total assets
- $2,852,460
- +15.3% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Gihon Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Homeboy Industries ($75K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 6 grants of 7 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Gihon Foundation gives
- Giving grew 329% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $700 (2020) to $75K (2024). In 2024 it made 1 grant totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Homeboy Industries Los Angeles, CA | Advance/Promote the Activities of the Foundation | $75,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $2,852,460 | $760,096 | $381,017 | $75,000 | 1 | $137,709 | $574,965 |
| 2023 | $2,473,458 | $609,517 | $483,371 | — | — | $109,790 | $401,611 |
| 2022 | $2,347,164 | $166,008 | $1,847,015 | — | — | $1,614,470 | $76,445 |
| 2021 | $4,041,203 | $1,274,351 | $424,711 | $17,500 | 4 | $100,410 | $1,077,799 |
| 2020 | $3,189,140 | $181,978 | $341,100 | $700 | 2 | — | $37,314 |
Leadership & Key People
Officers and directors from IRS filings
The Gihon Foundation's 2024 filing lists 4 officers; all 4 officers listed in 2024 are compensated.
Officers on the 2024 filing
Christian Nesmith
Vice President & Trustee
On filings since 2020
15 hrs/week
$50K (2023) → $25K (2024)
Jason Nesmith
Trustee
On filings since 2020
15 hrs/week
$50K (2023) → $25K (2024)
Jessica Nesmith
Trustee
On filings since 2020
15 hrs/week
$50K (2023) → $25K (2024)
Jonathan Nesmith
Trustee
On filings since 2020
15 hrs/week
$50K (2023) → $25K (2024)
Former officers (2)
- Former: Jessica Kent (2020–2023) — Secretary
- Former: Michael Nesmith (2020–2021) — President & Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $25K, to Christian Nesmith (Vice President/Trustee). 4 officers or directors reported compensation on that filing.
Frequently asked questions about The Gihon Foundation
How much does The Gihon Foundation give each year?
The Gihon Foundation gave $75K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is The Gihon Foundation?
The Gihon Foundation reported $2.9M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $760K.
Where does The Gihon Foundation operate?
The Gihon Foundation has awarded grants in California.
What is The Gihon Foundation's EIN?
The Gihon Foundation's EIN (Employer Identification Number) is 80-0267626. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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