William & Patricia Gorelick Family Foundation

CHARLOTTE, NC EIN: 56-1743190

William & Patricia Gorelick Family Foundation is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 1 grants totaling $594K. Net investment income was $494K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.3M

+5.0% YoY

Annual Giving

$594K

-7.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$594K

-7.7% YoY

Under IRS private-foundation payout rules, William & Patricia Gorelick Family Foundation reported a distributable amount of $473K for 2024 — the minimum it must pay out in qualifying distributions.

About William & Patricia Gorelick Family Foundation

Based on IRS filings

William & Patricia Gorelick Family Foundation is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 1 grants totaling $594K. Net investment income was $494K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Charlotte

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$741K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$9,274,879$8,834,964$8,944,074
Revenue$652,961$821,152$2,694,908
Expenses$769,377$826,762$735,368
Qualifying Distributions$594,475$643,926$590,270
Net Investment Income$494,305$662,911$2,550,684
Distributable Amount$472,648$441,309$395,137

Giving Over Time

Total grant dollars and number of grants per year

$0$161K$322K$483K$644K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

See Statement C$594K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Statement C ($594,475).

RecipientPurposeAmount
See Statement C Charlotte, NCGeneral Contribution$594,475

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM GORELICKPRESIDENT1
TODD GORELICKSECRETARY5

Frequently Asked Questions

How large is William & Patricia Gorelick Family Foundation?

As of 2024, William & Patricia Gorelick Family Foundation holds $9.3M in total assets with $653K in annual revenue. It awarded 1 grants totaling $594K in 2024.

Where does William & Patricia Gorelick Family Foundation operate?

William & Patricia Gorelick Family Foundation has awarded grants in North Carolina.

What size grants does William & Patricia Gorelick Family Foundation award?

In 2024, William & Patricia Gorelick Family Foundation awarded 1 grants totaling $594K — an average of about $594K per grant, based on its IRS Form 990 filings.

How much is William & Patricia Gorelick Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William & Patricia Gorelick Family Foundation reported a distributable amount of $473K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William & Patricia Gorelick Family Foundation's EIN?

William & Patricia Gorelick Family Foundation's EIN (Employer Identification Number) is 56-1743190. 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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