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GABELLI FOUNDATION INC

Reno, NV Tax ID: 94-2975159

Gabelli Foundation Inc, based in Reno, NV, manages over $176 million in assets, supports various U.S. cities, and is led by Elisa Gabelli Wilson as President.

About GABELLI FOUNDATION INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

Gabelli Foundation Inc is a private foundation based in Reno, Nevada, with significant assets totaling over $176 million. The foundation's annual expenses are approximately $9.3 million, and it generates a revenue of about $27.2 million. The foundation supports a wide range of cities across the United States, including major areas like New York, Washington, and West Palm Beach, and operates in several states such as Connecticut, Florida, and New York. The foundation is managed by a board of trustees, including Michael Gabelli, Elexa Wilson, Matthew R. Gabelli, and Marc J. Gabelli, with Elisa Gabelli Wilson serving as the President. The foundation does not have a specified website or focus on particular subject areas, indicating a potentially broad philanthropic scope.

Focus Areas

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Geographic Focus

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Key Statistics
Total Assets $176.1M
Total Awarded This Year $8.4M
Average Grant Size $597
Total Grants (Previous Year) 11,412
Open to New Applicants
% New Applicants Funded
Contact Information
Reno, NV
Geographic Funding Distribution

Financials

Total Assets
$176.1M

+2.6% from previous year

Annual Grants
$8.4M

59 grants awarded in 2024

Expense Ratio
34.2%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$2,000,000COLUMBIA BUSINESS SCHOOLMANHATTANVILLE BUILDING FUNDNew york, NY, US2024
$1,900,000JP MORGAN DONOR ADVISED FUNDPROVIDE OPERATING FUNDSGreenwich, CT, US2023
$1,600,000COLUMBIA BUSINESS SCHOOLMANHATTANVILLE BUILDING FUNDNew york, NY, US2022
$1,525,000BOSTON COLLEGEPLAZA FUND -CAMPUS IMPROVEMENTSChestnut hill, MA, US2024
$1,500,000COLUMBIA BUSINESS SCHOOLMANHATTANVILLE BUILDING FUNDNew york, NY, US2023
$1,025,000BOSTON COLLEGEPLAZA FUND -CAMPUS IMPROVEMENTSChestnut hill, MA, US2022
$1,000,000BOSTON COLLEGEPLAZA FUND -CAMPUS IMPROVEMENTSChestnut hill, MA, US2023
$1,000,000FORDHAM UNIVERSITYBUSINESS SCHOOL ENDOWMENT FUNDBronx, NY, US2023
$715,255FORDHAM UNIVERSITYBUSINESS SCHOOL ENDOWMENT FUNDBronx, NY, US2024
$700,000FORDHAM UNIVERSITYBUSINESS SCHOOL ENDOWMENT FUNDBronx, NY, US2022

People

Leadership & Staff

Compensation data from most recent available 990 forms

MG

MICHAEL GABELLI

Trustee

$2,500 2024
EW

ELEXA WILSON

Trustee

$2,500 2024
MR

MATTHEW R GABELLI

Trustee

$2,500 2024
MJ

MARC J GABELLI

Trustee

$2,500 2024
EG

ELISA GABELLI WILSON

President

$300,000 2024
Showing 5 of 5 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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