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Nonprofit · EIN 20-3771728

GAY WISE FOUNDATION INC

Also known as GUTTMAN MAYER E

Tax-exempt · TOWSON, MD 21204

Financials

$42K$109K2023$114K$114K2024$188K$131K2025
Revenue Expenses · by fiscal year end
Financials of GAY WISE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$187,917$131,336$56,581$959,114$0$959,114
December 31, 2024990-PF$114,409$114,264$145$902,533$0$902,533
December 31, 2023990-PF$41,970$109,339-$67,369$902,388$0$902,388
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$44,824
Interest
$900
Net gain from sales of assets
$142,193

Expenses

Grants and similar amounts paid
$104,300
Disbursements for charitable purposes
$104,300
Excise tax on investment income
$2,254

Balance sheet and other

Total assets, start of year
$902,533
Total assets, end of year
$959,114
Total liabilities, end of year
$0
Net assets, end of year
$959,114
Fair market value of assets
$2,008,581
Qualifying distributions
$104,300
Net investment income
$187,917

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MAYER GUTTMAN
1 W PENNSYLVANIA AVE STE 900, TOWSON, MD 21204
Trustee1$0
IRA GANSLER
100 LIGHT STREET 10TH FLOOR, BALTIMORE, MD 21202
Trustee1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
MAYER GUTTMAN
1 W PENNSYLVANIA AVE STE 900, TOWSON, MD 21204
Trustee1$0
IRA GANSLER
100 LIGHT STREET 10TH FLOOR, BALTIMORE, MD 21202
Trustee1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
MAYER GUTTMAN
1 W PENNSYLVANIA AVE STE 900, TOWSON, MD 21204
Trustee1$0
IRA GANSLER
100 LIGHT STREET 10TH FLOOR, BALTIMORE, MD 21202
Trustee1$0

Address and contacts

Address (IRS master file)
1 W PENNSYLVANIA AVE STE 900, TOWSON, MD 21204-5076
In care of
% MAYER E GUTTMAN
Signed the 990-PF
MAYER GUTTMAN, Trustee
Phone
(410) 321-0600
Return prepared by
Wancowicz & Associates PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-3771728
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$959,114
Income (IRS master file)
$228,832

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$187,917$131,336$959,114IRS
990-PFDecember 2024$114,409$114,264$902,533IRS
990-PFDecember 2023$41,970$109,339$902,388XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3771728).

Questions about GAY WISE FOUNDATION INC

What is the EIN of GAY WISE FOUNDATION INC?
The employer identification number (EIN) of GAY WISE FOUNDATION INC is 20-3771728.
Is GAY WISE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to GAY WISE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GAY WISE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GAY WISE FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GAY WISE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of GAY WISE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does GAY WISE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $187,917, expenses of $131,336 and total assets of $959,114 at year end.

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