The Gumbo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 1 grants totaling $452K. Net investment income was $415K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
-1.3% YoY
Annual Giving
$452K
+11.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$452K
+11.5% YoY
Under IRS private-foundation payout rules, The Gumbo Foundation reported a distributable amount of $232K for 2024 — the minimum it must pay out in qualifying distributions.
About The Gumbo Foundation
Based on IRS filings
The Gumbo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 1 grants totaling $452K. Net investment income was $415K.
Focus Areas
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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 | $3,613,175 | $3,662,336 | $3,933,028 |
| Revenue | $444,704 | $189,154 | $209,871 |
| Expenses | $502,274 | $462,182 | $384,553 |
| Qualifying Distributions | $459,479 | $429,810 | $362,392 |
| Net Investment Income | $415,050 | $161,360 | $180,993 |
| Distributable Amount | $231,602 | $219,749 | $235,513 |
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 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Statement #11 ($451,500).
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Statement #11 Santa Fe, NM | General Support | $451,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Elise W Schmidt | President | 3 | — |
| Paul B Schmidt | Secretary/Treas | 5 | — |
| Tracey Elise Hogan | Vice President | 1 | — |
| Mary Emily Hogan | Vice President | 1 | — |
| William Hobson Hogan | Vice President | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gumbo Foundation?
The Gumbo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. It holds $3.6M in total assets as of 2024.
How large is The Gumbo Foundation?
As of 2024, The Gumbo Foundation holds $3.6M in total assets with $445K in annual revenue. It awarded 1 grants totaling $452K in 2024.
Where does The Gumbo Foundation operate?
The Gumbo Foundation has awarded grants in New Mexico.
What size grants does The Gumbo Foundation award?
In 2024, The Gumbo Foundation awarded 1 grants totaling $452K — an average of about $452K per grant, based on its IRS Form 990 filings.
How much is The Gumbo Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gumbo Foundation reported a distributable amount of $232K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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