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Filing year 2024

GERONDELIS FOUNDATION INC

Lynn, Massachusetts·EIN 04-6130871·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$2.4M
Total assets
$7M
Total expenses
$2.4M
Reported officers
11

Executive compensation

Form 990-PF · Part VIII · 11 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

President
Board President
25th percentile to median
$8k
$9k
Treasurer
Board Treasurer
Median to 75th percentile
$8k
$9k
Director
Unclassified
$8k
$9k
Director
Unclassified
$8k
$9k
Director
Unclassified
$8k
$9k
Director
Unclassified
$8k
$9k
Director
Unclassified
$8k
$9k
Director
Unclassified
$8k
$9k
Director
Unclassified
$8k
$9k
Director
Unclassified
$8k
$9k
Director
Unclassified
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GERONDELIS FOUNDATION INC equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.9M

Itemized grants

64

Median grant

$10k

RecipientLocationPurposeAmount
SAINT VASILIOS GREEK ORTHODOX CHURCPEABODY, MAFOR FUNDING$250k
ST GEORGE GREEK ORTHODOX CHURCHLYNN, MAFOR FUNDING$205k
ST GEORGE GREEK ORTHODOX CHURCHLYNN, MAFOR FUNDING$150k
GREEK ORTHODOX METROPOLIS OF BOSTONBROOKLINE, MAFOR FUNDING$105k
NEMOURS CHILDREN'S HEALTHMELBOURNE, FLFOR FUNDING$100k
HIGH SCHOOL SCHOLARSHIPSLYNN, MASCHOLARSHIP$95k
NORTH SHORE COMMUNITY DEVELOPMENTSALEM, MAFOR FUNDING$75k
BELOVED ASHEVILLEASHEVILLE, NCFOR FUNDING$50k
MARTHA'S BARN INCESSEX JUNCTION, VTFOR FUNDING$50k
THE TRUSTEES OF ANATOLIA COLLEGEBOSTON, MAFOR FUNDING$50k
UNITED SERVICES ORGANIZATIONWASHINGTON, DCFOR FUNDING$50k
UNITED SERVICES ORGANIZATIONWASHINGTON, DCFOR FUNDING$50k
HOLY MONASTERY KALYVIANICRETE, GRFOR FUNDING$43k
HELLENIC WOMAN'S BENEVOLENT ASSOCIACANTON, MAFOR FUNDING$38k
BRIGHAM AND WOMAN'S HOSPITALBOSTON, MAFOR FUNDING$26k
CITY OF LYNNLYNN, MAFOR FUNDING$25k
DORMITION OF THE VIRGIN MARY GREEKSOMERVILLE, MAFOR FUNDING$25k
LEAP FOR EDUCATIONSALEM, MAFOR FUNDING$25k
SUFFOLK UNIVERSITYBOSTON, MAFOR FUNDING$25k
TUSKEGEE AIRMAN INCTUSKEGEE, ALFOR FUNDING$25k
BOSTON UNIVERSITYBOSTON, MASCHOLARSHIP$20k
TEXAS A&MCOLLEGE STATION, TXSCHOLARSHIP$20k
THE CATHOLIC SCHOOLS FOUNDATION INCBOSTON, MAFOR FUNDING$20k
BOYS AND GIRLS CLUB OF LYNNLYNN, MAFOR FUNDING$18k
COLUMBIA UNIVERSITYNEW YORK, NYSCHOLARSHIP$15k
Compare this foundation's grantees
Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 12%.

$8k in 2023 to $8k in 2024.
  • Board Treasurer pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GERONDELIS FOUNDATION INC

What does the Board President of GERONDELIS FOUNDATION INC earn?

In 2024, the Board President of GERONDELIS FOUNDATION INC received $8,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at GERONDELIS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2024 pay of the Board President at GERONDELIS FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at GERONDELIS FOUNDATION INC equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GERONDELIS FOUNDATION INC's revenue and expenses?

In 2024, GERONDELIS FOUNDATION INC reported $2.4M in total revenue and $2.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.