The Gouline Family Foundation Inc
The Gouline Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $513K in total assets. In 2024, it awarded 11 grants totaling $92K. Net investment income was $67K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$513K
-4.3% YoY
Annual Giving
$92K
+151.0% YoY
Grant Count
11
+10.0% YoY
Avg Grant Size
$8K
+128.1% YoY
Under IRS private-foundation payout rules, The Gouline Family Foundation Inc reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About The Gouline Family Foundation Inc
Based on IRS filings
The Gouline Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $513K in total assets. In 2024, it awarded 11 grants totaling $92K. Net investment income was $67K.
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 | $513,282 | $536,330 | $479,876 |
| Revenue | $113,357 | $131,129 | $32,376 |
| Expenses | $96,142 | $40,116 | $45,480 |
| Qualifying Distributions | $91,600 | $36,500 | $39,400 |
| Net Investment Income | $66,912 | $90,501 | $26,411 |
| Distributable Amount | $42,361 | $36,601 | $35,775 |
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
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lake Forest College ($55,000), Associated Jewish Charities ($7,100), Saint Ignatius Loyola Academy ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASSOCIATED JEWISH CHARITIES BALTIMORE, MD | GENERAL | $7,100 |
| BALTIMORE HEBREW CONGREGATION BALTIMORE, MD | GENERAL | $1,000 |
| BOOTH GRADUATE SCHOOL OF BUSINESS BALTIMORE, MD | GENERAL | $3,000 |
| CREATIVE CITY PUBLIC CHARTER SCHOOL BALTIMORE, MD | GENERAL | $4,000 |
| GILMAN SCHOOL BALTIMORE, MD | GENERAL | $1,000 |
| KIPP HARMONY ACADEMY BALTIMORE, MD | GENERAL | $4,000 |
| LAKE FOREST COLLEGE LAKE FOREST, IL | GENERAL | $55,000 |
| MERCERSBURG ACADEMY MERCERSBURG, PA | GENERAL | $4,500 |
| SAINT CASIMIR SCHOOL BALTIMORE, MD | GENERAL | $4,500 |
| SAINT IGNATIUS LOYOLA ACADEMY BALTIMORE, MD | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAY H GOULINE | PRESIDENT | — | — |
| RICHARD GROSS | SECRETARY | — | — |
| LOUISE MICHAUX GONZALES | TRUSTEE | — | — |
| BARRY G ISAAC | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gouline Family Foundation Inc?
The Gouline Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. It holds $513K in total assets as of 2024.
How large is The Gouline Family Foundation Inc?
As of 2024, The Gouline Family Foundation Inc holds $513K in total assets with $113K in annual revenue. It awarded 11 grants totaling $92K in 2024.
Where does The Gouline Family Foundation Inc operate?
The Gouline Family Foundation Inc has awarded grants in Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania.
What size grants does The Gouline Family Foundation Inc award?
In 2024, The Gouline Family Foundation Inc awarded 11 grants totaling $92K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Gouline Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gouline Family Foundation Inc reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gouline Family Foundation Inc's EIN?
The Gouline Family Foundation Inc's EIN (Employer Identification Number) is 20-1647554. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Gouline Family 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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