Joel and Elaine Gershman Foundation
Joel and Elaine Gershman Foundation is a private foundation, based in JENKINTOWN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 9 grants totaling $140K. Net investment income was $142K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+0.8% YoY
Annual Giving
$140K
-6.7% YoY
Grant Count
9
+800.0% YoY
Avg Grant Size
$16K
-89.6% YoY
About Joel and Elaine Gershman Foundation
Based on IRS filings
Joel and Elaine Gershman Foundation is a private foundation, based in JENKINTOWN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 9 grants totaling $140K. Net investment income was $142K.
Ready to take the next step with Joel and Elaine Gershman Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,966,121 | $2,941,527 | $2,963,249 |
| Revenue | $144,528 | $129,759 | $183,681 |
| Expenses | $142,225 | $152,173 | $150,010 |
| Qualifying Distributions | $140,000 | $150,000 | $150,000 |
| Net Investment Income | $142,303 | $127,586 | $33,671 |
| Distributable Amount | $143,498 | $143,632 | $146,874 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELAINE GERSHMAN | PRESIDENT, SECRETARY, TREA | — | — |
| WILLIAM J LEVITT 3RD | ASS'T TREASURER | — | — |
| J DAVID LEVITT | ASS'T SECRETARY | — | — |
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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