The New Jersey State Capitol

Form 990-PFTax year 2025EIN 20-8856858

Gem Foundation Inc

A private foundation in Far Hills, NJ. Its return for tax year 2025 lists 1 grant and $300,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $300,000

    Grants listed
    1
    Assets, end of year
    $6,138,308
  • Tax year 2024

    $0

    Grants listed
    0
    Assets, end of year
    $6,183,681
  • Tax year 2023

    $350,000

    Grants listed
    2
    Assets, end of year
    $5,889,409
  • Tax year 2022

    $400,000

    Grants listed
    2
    Assets, end of year
    $5,950,543
  • Tax year 2021

    $100,000

    Grants listed
    1
    Assets, end of year
    $6,262,140
  • Tax year 2020

    $650,000

    Grants listed
    3
    Assets, end of year
    $6,364,968
  • Tax year 2019

    $300,000

    Grants listed
    2
    Assets, end of year
    $6,987,032
  • Tax year 2018

    $10,450,000

    Grants listed
    6
    Assets, end of year
    $7,140,167

Grants paid in 2025

1 grant, largest first

As listed on the return.

  1. Uncommon SchoolsNew York, NY

    Education

    $300,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $300,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York1 grant $300,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Putnam L Crafts JrPRESIDENT, TREASURER, & DI Hours 10Pay $0
  • Marcia ZweigV.P & DIRECTOR Hours 2Pay $0
  • Patricia Callan CraftsSECRETARY & DIRECTOR Hours 2Pay $0
  • Martha S SprouleDIRECTOR Hours 2Pay $0

The return

More foundations

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Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Richard & Mary Jacobson Private Foundation IncFar Hills, NJ 12 grants Preselected only $78,500 giving
  2. The Ottinger Foundation IncRoseland, NJ 5 grants Preselected only $300,000 giving
  3. Tedesco Family Private FoundationHoboken, NJ 10 grants Preselected only $299,146 giving
  4. William & Ellen E Ames Charitable TrustPennington, NJ 3 grants Preselected only $301,176 giving
  5. Scharpf Family Foundation Inc Eric ScharpfOld Bridge, NJ 25 grants Preselected only $301,665 giving