The Gumbo Foundation
The Gumbo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Santa Fe, NM. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 1 grant totaling $440K. Net investment income was $189K.
Key facts about The Gumbo Foundation
In short: The Gumbo Foundation gave $440K across 1 grant in 2025 (avg $440K), mostly in New Mexico. Source: 2025 IRS Form 990-PF.
- EIN
- 04-3727883
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $440,000
- Grants made (2025)
- 1
- Average grant
- $440,000
- Median grant
- $440,000
- Total assets
- $3,331,486
- Primary geography
- New Mexico (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.3M
-7.8% YoY
Annual Giving
$440K
-2.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$440K
-2.5% YoY
Under IRS private-foundation payout rules, The Gumbo Foundation reported a distributable amount of $234K for 2025 — the minimum it must pay out in qualifying distributions.
How The Gumbo Foundation gives
- Giving grew 24% from 2022 to 2025. Method
- In 2025 it paid out 199% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Statement #11 Santa Fe, NM | General Support | $440,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,331,486 | $3,613,175 | $3,662,336 |
| Revenue | $216,270 | $444,704 | $189,154 |
| Expenses | $499,448 | $502,274 | $462,182 |
| Qualifying Distributions | $467,037 | $459,479 | $429,810 |
| Net Investment Income | $189,227 | $415,050 | $161,360 |
| Distributable Amount | $234,366 | $231,602 | $219,749 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 26, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 20, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 26, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 23, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
The Gumbo Foundation is led by Elise W Schmidt, President on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Elise W Schmidt
President
On filings since 2019
3 hrs/week
No compensation reported
Mary Emily Hogan
Vice President
On filings since 2019
1 hr/week
No compensation reported
Paul B Schmidt
Secretary & Treasurer
On filings since 2019
5 hrs/week
No compensation reported
Tracey Elise Hogan
Vice President
On filings since 2019
1 hr/week
No compensation reported
William Hobson Hogan
Vice President
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Gumbo Foundation
How much does The Gumbo Foundation give each year?
The Gumbo Foundation gave $440K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $452K across 1 grant.
How large is The Gumbo Foundation?
The Gumbo Foundation reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $467K in qualifying distributions that year, against a required minimum of $234K (roughly 5% of its investment assets).
What is The Gumbo Foundation?
The Gumbo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Santa Fe, NM. It holds $3.3M in total assets as of 2025.
Where does The Gumbo Foundation operate?
The Gumbo Foundation has awarded grants in New Mexico.
What is The Gumbo Foundation's EIN?
The Gumbo Foundation's EIN (Employer Identification Number) is 04-3727883. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Gumbo Foundation by hand.
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