The Ruth & Louis Gerstle Foundation Inc

Private foundation · Grantmaker Bal Harbour, FL EIN: 11-2942782

The Ruth & Louis Gerstle Foundation Inc is a private foundation based in Bal Harbour, Florida. Its 2025 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Key facts about The Ruth & Louis Gerstle Foundation Inc

EIN
11-2942782
Latest 990 filing
Form 990-PF, 2025
Total assets
$50,824
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$51K

-12.4% YoY

Revenue

$-3,816

-175.1% YoY

Net Investment Income

$3K

-41.1% YoY

Expenses

$3K

-45.0% YoY

Under IRS private-foundation payout rules, The Ruth & Louis Gerstle Foundation Inc reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Ruth & Louis Gerstle Foundation Inc open to new grantees?

20%

first-time grantees, 2024

In 2024, 2 of 10 grantees (20%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $500; repeat grants $500. How we count

Medians: $500 first-time, $500 repeat.

  • 30% of 2024 grantees were also funded in 2023. Method
  • Giving grew 50% from 2021 to 2024. Method
  • In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s mission is not stated in the available information. Its reported 2024 grants included support for Israel Cancer Research Fund Inc, whose stated mission is to support cancer research in Israel for the benefit of Israel and all mankind, and American Friends of Magen David Adom, which describes itself as the sole authorized U.S. fundraising and advocacy organization supporting Magen David Adom’s lifesaving efforts in Israel.

Grantmaking

In 2024, the foundation reported $5,000 in grants across 10 grants. Two reported recipients were Israel Cancer Research Fund Inc ($500) and American Friends of Magen David Adom ($500). In 2023, it reported $1,470 in grants across four grants.

How to Apply

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.

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Geographic Focus

Where this funder awards grants

The foundation is based in Bal Harbour, Florida. Its reported 2024 grantees included two organizations based in New York, New York, whose stated missions concern cancer research in Israel and support for Magen David Adom in Israel.

Grant Distribution by State

7states

Cities

New YorkClarksburgStaten IslandJacksonWoodburyBethpageChicagoFort LauderdaleLawrenceSan FranciscoWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K9 grants2020 7 grants2021 9 grants2022 4 grants2023 10 grants2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $1K (2023) to $5K (2020). In 2024 it made 10 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 30 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $50,824 -$3,816 $2,751 0
2024 $58,017 $5,079 $5,000 $5,000 across 10 grants
2023 $58,748 $3,206 $6,393 $1,470 across 4 grants
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$50,824$58,017$58,748
Revenue$-3,816$5,079$3,206
Expenses$2,751$5,000$6,393
Qualifying Distributions—$5,000$1,470
Net Investment Income$2,994$5,079$3,206
Distributable Amount$5,302$4,880$3,978

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS April 28, 2026)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Judith Farbman as president and Leonard Gerstle as vice president.

The Ruth & Louis Gerstle Foundation Inc is led by Judith Farbman, President since 2021 (on filings since 2020); none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Judith Farbman

    President

    Vp-Director → President, 2021

    On filings since 2020

    No compensation reported

  • Leonard Gerstle

    Vice President

    Director → Vice President, 2021

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 10155 Collins Avenue 503, Bal Harbour, FL 33154
Phone: (516) 698-8082

Frequently asked questions about The Ruth & Louis Gerstle Foundation Inc

How large is The Ruth & Louis Gerstle Foundation Inc?

The Ruth & Louis Gerstle Foundation Inc reported $51K in total assets on its 2025 IRS Form 990-PF.

What does The Ruth & Louis Gerstle Foundation Inc fund?

The foundation’s mission is not stated in the available information. See mission & focus areas ↑

How do I apply for a grant from The Ruth & Louis Gerstle Foundation Inc?

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does The Ruth & Louis Gerstle Foundation Inc make grants?

The foundation is based in Bal Harbour, Florida. Its reported 2024 grantees included two organizations based in New York, New York, whose stated missions concern cancer research in Israel and support for Magen David Adom in Israel.

How much is The Ruth & Louis Gerstle Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Ruth & Louis Gerstle 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 Ruth & Louis Gerstle Foundation Inc's EIN?

The Ruth & Louis Gerstle Foundation Inc's EIN (Employer Identification Number) is 11-2942782. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Ruth & Louis Gerstle Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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