Gem Foundation
KALISPELL, MT EIN: 20-2016199
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.7M
+9.8% YoY
Annual Giving
$150K
-14.8% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$75K
+113.1% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,660,339 | $2,422,960 | $2,481,275 |
| Revenue | $84,232 | $4,491 | $1,062,470 |
| Expenses | $177,216 | $195,438 | $192,010 |
| Qualifying Distributions | $155,332 | $178,044 | $176,774 |
| Net Investment Income | $62,347 | $38,355 | $56,935 |
| Distributable Amount | $128,327 | $118,842 | $122,303 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Gem Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN A MERCALDO | CEO | 10 | — |
| GIANNA DIGIOVANNI | CFO | 5 | — |
| JANINE SCHOOLEY | DIRECTOR | 10 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Washington $201K (37%)
New York $150K (28%)
California $135K (25%)
Ohio $50K (9%)
Montana $1K (0%)
Arizona $250 (0%)
Cities
Columbia FallsDaytonNew YorkSan DiegoSpokaneTucsonVashon
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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