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Nonprofit · EIN 94-2975159

GABELLI FOUNDATION INC

Tax-exempt · RENO, NV 89501

Financials

$27.2M$9.3M2023$57.9M$9.8M2024
Revenue Expenses · by fiscal year end
Financials of GABELLI FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990-PF$57,922,073$9,777,180$48,144,893$224,248,959$287$224,248,672
March 31, 2024990-PF$27,206,494$9,295,901$17,910,593$176,104,054$275$176,103,779
Financial details: 990-PF for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$48,253,862
Dividends
$6,289,896
Net gain from sales of assets
$3,368,049
Other income
$10,266

Expenses

Grants and similar amounts paid
$8,736,500
Compensation of officers, directors and key employees
$357,500
Disbursements for charitable purposes
$8,973,385
Excise tax on investment income
$356,448

Balance sheet and other

Total assets, start of year
$176,104,054
Total assets, end of year
$224,248,959
Total liabilities, end of year
$287
Net assets, end of year
$224,248,672
Fair market value of assets
$251,332,642
Qualifying distributions
$8,973,385
Net investment income
$26,147,540

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELISA GABELLI WILSON
165 WEST LIBERTY STREET, RENO, NV 89501
President25$345,000
TYLER WILSON
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500
MICHAEL GABELLI
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500
ELEXA WILSON
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500
MATTHEW R GABELLI
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500
MARC J GABELLI
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500
990-PF for the year ended March 31, 2024: 5 people
NameTitleHours / weekCompensation
ELISA GABELLI WILSON
165 WEST LIBERTY STREET, RENO, NV 89501
President25$300,000
MICHAEL GABELLI
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500
ELEXA WILSON
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500
MATTHEW R GABELLI
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500
MARC J GABELLI
165 WEST LIBERTY STREET, RENO, NV 89501
Trustee1$2,500

Address and contacts

Address (IRS master file)
165 W LIBERTY ST, RENO, NV 89501-1955
In care of
% ANGELO & OBRIEN PA
Signed the 990-PF
MARIO J GABELLI, Chairman
Phone
(908) 276-8300
Return prepared by
Angelo & Pacilli 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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990-PF on file
2023March 31, 2024August 15, 2024990-PF on file

IRS record

EIN
94-2975159
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
1985
Accounting year ends
March
Files
Form 990-PF
Assets (IRS master file)
$224,248,959
Income (IRS master file)
$54,554,024

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMarch 2025$57,922,073$9,777,180$224,248,959XML
990-TMarch 2025–––IRS
990-PFMarch 2024$27,206,494$9,295,901$176,104,054XML
990-TMarch 2024–––IRS
990-PFMarch 2023–––IRS
990-TMarch 2023–––IRS
990-PFMarch 2022–––IRS
990-TMarch 2022–––IRS
990-PFMarch 2021–––IRS
990-TMarch 2021–––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 94-2975159).

Questions about GABELLI FOUNDATION INC

What is the EIN of GABELLI FOUNDATION INC?
The employer identification number (EIN) of GABELLI FOUNDATION INC is 94-2975159.
Is GABELLI FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to GABELLI FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GABELLI FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GABELLI FOUNDATION INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GABELLI FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended March 2025.
Who are the officers and directors of GABELLI FOUNDATION INC?
The 990-PF for the year ended March 31, 2025 lists 6 people; 6 received compensation from the organization, the highest $345,000 (ELISA GABELLI WILSON, President).
How much revenue does GABELLI FOUNDATION INC have?
On its 990-PF for the year ended March 31, 2025 it reported revenue of $57,922,073, expenses of $9,777,180 and total assets of $224,248,959 at year end.

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