The Ruth & Louis Gerstle Foundation Inc

BAL HARBOUR, FL EIN: 11-2942782

The Ruth & Louis Gerstle Foundation Inc is a private foundation, based in BAL HARBOUR, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 10 grants totaling $5K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$58K

-1.2% YoY

Annual Giving

$5K

+240.1% YoY

Grant Count

10

+150.0% YoY

Avg Grant Size

$500

+36.1% YoY

Under IRS private-foundation payout rules, The Ruth & Louis Gerstle Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ruth & Louis Gerstle Foundation Inc

Based on IRS filings

The Ruth & Louis Gerstle Foundation Inc is a private foundation, based in BAL HARBOUR, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 10 grants totaling $5K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BethpageChicagoClarksburgFort LauderdaleJacksonLawrenceNew YorkSan FranciscoStaten IslandWashingtonWoodbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3K$6K$9K$12K20202021202220232024
Metric202420232022
Total Assets$58,017$58,748$62,887
Revenue$5,079$3,206$1,867
Expenses$5,000$6,393$5,630
Qualifying Distributions$5,000$1,470$4,190
Net Investment Income$5,079$3,206$477
Distributable Amount$4,880$3,978$4,416

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$5K9 grants20207 grants20219 grants20224 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ZAKA RESCUE & RECOVERY$500AMERICAN PARKINSONS DISE…$500LUSTGARTEN FDN FOR PANCR…$500AMERICAN FRIENDS OF MAGE…$500AMERICAN FRIENDS OF UNIT…$500GLAUCOMA RESEARCH FOUNDA…$500ISRAEL CANCER RESEARCH F…$500MACULAR DEGENERATION RES…$500FRIENDS OF THE IDF$500SUSAN G KOMEN BREAST CAN…$500

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Zaka Rescue & Recovery ($500), American Parkinsons Disease Assn ($500), Lustgarten Fdn for Pancreatic Cancer ($500).

RecipientPurposeAmount
ZAKA RESCUE & RECOVERY NEW YORK, NYCHARITABLE - TO SUPPORT RESCUE AND RECOVERY OF PEOPLE$500
AMERICAN PARKINSONS DISEASE ASSN STATEN ISLAND, NYCHARITABLE - MEDICAL$500
LUSTGARTEN FDN FOR PANCREATIC CANCER WOODBURY, NYCHARITABLE - TO SUPPORT PANCREATIC CANCER RESEARCH$500
AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NYCHARITABLE - MEDICAL$500
AMERICAN FRIENDS OF UNITED HATZALAH NEW YORK, NYCHARITALE - MEDICAL$500
GLAUCOMA RESEARCH FOUNDATION NEW YORK, NYCHARITABLE - MEDICAL$500
ISRAEL CANCER RESEARCH FUND NEW YORK, NYCHARITABLE - MEDICAL RESEARCH$500
MACULAR DEGENERATION RESEARCH CLARKSBURG, MDCHARITABLE - MEDICAL RESEARCH$500
FRIENDS OF THE IDF NEW YORK, NYCHARITABLE - TO SUPPORT THE WELLBEING OF THE SOLDIERS IN THE ISRAEL DFEFENSE FORCES, VETERANS AND FAMILY MEMBERS$500
SUSAN G KOMEN BREAST CANCER FOUNDATION SAN FRANCISCO, CACHARITABLE - TO SUPPORT WOMEN WITH BREAST CANCER$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JUDITH FARBMANPRESIDENT1
LEONARD GERSTLEVP1

Frequently Asked Questions

How large is The Ruth & Louis Gerstle Foundation Inc?

As of 2024, The Ruth & Louis Gerstle Foundation Inc holds $58K in total assets with $5K in annual revenue. It awarded 10 grants totaling $5K in 2024.

Where does The Ruth & Louis Gerstle Foundation Inc operate?

The Ruth & Louis Gerstle Foundation Inc has awarded grants in California, District of Columbia, Florida, Illinois, Maryland, New Jersey, New York.

What size grants does The Ruth & Louis Gerstle Foundation Inc award?

In 2024, The Ruth & Louis Gerstle Foundation Inc awarded 10 grants totaling $5K — an average of about $500 per grant, based on its IRS Form 990 filings.

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 2024, 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 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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