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Filing year 2024

THE GELA FOUNDATION INC

New York, New York·EIN 20-8096298·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$357k
Total assets
$471k
Total expenses
$287k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE GELA FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

Director
Director
Director

Grants paid

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

Total granted

$285k

Itemized grants

13

Median grant

$4k

RecipientLocationPurposeAmount
DAVIS MEMORIAL FUND INCLAWRENCE, NYCHARITABLE$200k
THE TZEDAKA FUNDNEW YORK, NYCHARITABLE$50k
TOMCHE SHABBOSBROOKLYN, NYCHARITABLECHARITABLE$10k
CONGREGATION OHEL MOSHE CHEVRA THILIM LUBAVITCHBROOKLYN, NYCHARITABLE$7k
CONGREGATION ADAS YEREIMKEW GARDENS, NYCHARITABLE$4k
CONGREGATION NITEI GAVRIELBROOKLYN, NYCHARITABLE$4k
CONGREGATION TZIDKAS RUCHELLAKEWOOD, NJCHARITABLE$4k
CONGREGATION SHOMRE SHABES ANSHEI SEFARDBROOKLYN, NYCHARITABLE$2k
CONGREGATION AHAVAS DOVIDBROOKLYN, NYCHARITABLE$2k
CONGREGATION DAMESEK ELIEZER BETH TORAHBROOKLYN, NYCHARITABLE$1k
PK TORAH CENTER INCBROOKLYN, NYCHARITABLE$1k
EILEINU INCFLUSHING NY, NYCHARITABLE$1k
HASHEVAYNU INCMONSEY, NYCHARITABLE$675
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE GELA FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$359k
$490k
2023
$357k
$287k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

THE GELA 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 THE GELA FOUNDATION INC

What are THE GELA FOUNDATION INC's revenue and expenses?

In 2024, THE GELA FOUNDATION INC reported $357k in total revenue and $287k in total expenses on its IRS Form 990.

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