Private foundation · Far Hills, NJ

Gem Foundation Inc

View org profile →Find similar funders →Invitation only
Typical grant size
$81K – $125K – $200K
25th · median · 75th percentile
Unique recipients
8
Repeat grantees
3
funded 2+ years

Application procedures · from 2024 990-PF

Leadership · from 2024 990-PF

Putnam L Crafts Jr
PRESIDENT, TREASURER, & DI
Marcia Zweig
V.P & DIRECTOR
Patricia Callan Crafts
SECRETARY & DIRECTOR
Martha S Sproule
DIRECTOR

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
0.0%
grants paid ÷ assets · ~5% IRS minimum
'17
'18
'19
'20
'21
'22
'23
'24
30
Total grants awarded
$14.3M
Total amount
$476K
Average grant
$10.0M
Largest grant

Giving by year

2023
$350K
2 grants
2022
$400K
2 grants
2021
$100K
1 grants
2020
$650K
3 grants
2019
$300K
2 grants
2018
$10.4M
6 grants
2017
$529K
3 grants
2016
$249K
3 grants
2015
$1.2M
8 grants

Top recipients

1 grant · CT · ≈ likely match
$10.0M
5 grants · NJ · ≈ likely match
$1.0M
Great Oaks Legacy Charter School
4 grants · NJ
$829K
6 grants · NY · ✓ Exact match
$800K
The Match School Foundation
1 grant · MA
$350K
Newark Legacy Charter School
2 grants · NJ
$299K
1 grant · NJ · ✓ Exact match
$244K
Friends of Team Academy Charter School
2 grants · NJ
$200K
1 grant · NJ · ✓ Exact match
$150K
2 grants · NJ · ✓ Exact match
$100K

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Kipp New Jersey
EDUCATION
NJ · TY 2023
$200K
Great Oaks Legacy Charter School
EDUCATION
NJ · TY 2023
$150K
Kipp New Jersey
EDUCATION
NJ · TY 2022
$200K
Uncommon Schools
EDUCATION
NY · TY 2022
$200K
Great Oaks Legacy Charter School
EDUCATION
NJ · TY 2021
$100K
Great Oaks Legacy Charter School
EDUCATION
NJ · TY 2020
$250K
Kipp New Jersey
EDUCATION
NJ · TY 2020
$200K
Uncommon Schools
EDUCATION
NY · TY 2020
$200K
Kipp New Jersey
EDUCATION
NJ · TY 2019
$200K
Uncommon Schools
EDUCATION
NY · TY 2019
$100K
Yale University
EDUCATION
CT · TY 2018
$10.0M
Kipp New Jersey
EDUCATION
NJ · TY 2018
$200K
Uncommon Schools
EDUCATION
NY · TY 2018
$100K
Chalkbeat Inc
EDUCATION
NY · TY 2018
$75K
Achieve Community Charter School
EDUCATION
NJ · TY 2018
$50K
Rutgers the State University
EDUCATION
NJ · TY 2018
$25K
Great Oaks Legacy Charter School
EDUCATION
NJ · TY 2017
$329K
Youthbuild Newark
EDUCATION
NJ · TY 2017
$150K
Building Responsible Intelligent Creative Kids
EDUCATION
NJ · TY 2017
$50K
Uncommon Schools Inc
EDUCATION
NY · TY 2016
$100K
Friends of Team Academy Charter School
EDUCATION
NJ · TY 2016
$100K
Newark Legacy Charter School
EDUCATION
NJ · TY 2016
$49K
The Match School Foundation
EDUCATION
MA · TY 2015
$350K
Newark Legacy Charter School
EDUCATION
NJ · TY 2015
$250K
Community Foundation of New Jersey
EDUCATION
NJ · TY 2015
$244K
Uncommon Schools Inc
EDUCATION
NY · TY 2015
$100K
Friends of Team Academy Charter School
EDUCATION
NJ · TY 2015
$100K
Teach for America
EDUCATION
NJ · TY 2015
$75K
New Classrooms Innovation Partners Inc
EDUCATION
NY · TY 2015
$75K
Building Responsible Intelligent Creative Kids
EDUCATION
NJ · TY 2015
$50K

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.