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Filing year 2023

Gerry Foundation Inc

Liberty, New York·EIN 14-1798234·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$6.3M
Total assets
$107.2M
Total expenses
$10.2M
Reported officers
9

Reported officers (all unpaid)

No paid executives reported in 2023. Gerry Foundation Inc reported 9 unpaid officers and board members on its 990-PF.

Asst. Secretary
Secretary
Treasurer
Asst. Treasurer
Director
Director
Director/president
Director/chairperson
Director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$6.6M

Itemized grants

11

Median grant

$50k

RecipientLocationPurposeAmount
Memorial Sloan KetteringNew York, NYSupport for the Metastasis and Tumor Ecosystem Center$4M
Sullivan 180 IncLiberty, NYFunding for programs and projects that further the mission to improve the health and well-being of the residents of Sullivan County, NY by changing policies, systems and programs that will improve overall quality of life.$1.5M
Bethel Woods Center for the ArtsLiberty, NYIn June 2023, the Gerry Foundation contributed land to Bethel Woods Center for the Arts, Inc. with a book value of $4,096,144. Fair market value of the land per appraisals was determined to be $731,000. The difference between the fair market value and the foundation's book value resulted in a write-down of $3,365,144.$731k
Town of LibertyLiberty, NYCommunity Beautification Projects$150k
Village of MonticelloMonticello, NYCommunity Beautification Projects$100k
Town of RocklandLivingston Manor, NYCommunity Beautification Projects$50k
Cornell UniversityIthaca, NYSupport for the College of Veterinary Medicine$30k
NYS Troops PBA Signal 30 Benefit FundAlbany, NYSpecial Event Sponsorship$10k
Catskill Animal Rescue IncFerndale, NYCommunity Beautification Projects$512
Rent My EscapeMiddletown, NYCommunity Beautification Projects$500
From Abrams Capital Partners II LP (EIN 04-3455023) 2023 K-1Boston, MACharitable Contribution per 2023 K-1$21
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

Gerry Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New York earns a median of $20,079.

25th percentile
$6k
Median
$20,079
75th percentile
$88k
90th percentile
$228k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,519 organizations across 2,519 filings (2020 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New York
FAQ

Common questions about Gerry Foundation Inc

What are Gerry Foundation Inc's revenue and expenses?

In 2023, Gerry Foundation Inc reported $6.3M in total revenue and $10.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.