Gerson Family Foundation

Organization Overview

Gerson Family Foundation is located in Troy, MI. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gerson Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Gerson Family Foundation generated $141.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $183.4k during the year ending 12/2021. While expenses have increased by 14.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Gerson Family Foundation has awarded 51 individual grants totaling $539,325. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $813
Dividends & Interest $76,375
Net Rental Income$0
Net Gain on Sale of Assets $64,719
Capital Gain Net Income $64,719
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $141,907

Grants Awarded

Over the last fiscal year, Gerson Family Foundation has awarded $166,000 in support to 13 organizations.

Grant RecipientAmount

DETROIT INSTITUTE OF ARTS

Org PageRecipient Profile

Detroit, MI

PURPOSE: GENERAL SUPPORT

$48,000

JEWISH FEDERATION OF METROPOLITAN DETROIT

Org PageRecipient Profile

Bloomfield Hills, MI

PURPOSE: GENERAL SUPPORT

$30,000

THE CHILDREN'S FOUNDATION

PURPOSE: GENERAL SUPPORT

$20,000

CRANBROOK EDUCATIONAL COMMUNITY

Org PageRecipient Profile

Bloomfield Hills, MI

PURPOSE: EDUCATION

$20,000

SLIFKA CENTER

PURPOSE: GENERAL SUPPORT

$10,000

BEAUMONT HEALTH FOUNDATION

Org PageRecipient Profile

Southfield, MI

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

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