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    3. Joel and Elaine Gershman Foundation C/O Jager Management

    Joel and Elaine Gershman Foundation C/O Jager Management

    ActiveEducation
    JENKINTOWN, PA2156903220EIN: 22-25296293 filings on record
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    About Joel and Elaine Gershman Foundation C/O Jager Management

    The Joel and Elaine Gershman Foundation concentrates its giving on faith-based community social services, as evidenced by two grants totaling $300,000 to The Salvation Army for community programs. The foundation appears to favor direct support of a single, established service provider rather than distributing funds across many organizations. Its funding suggests an interest in practical, community-level assistance delivered by religiously affiliated nonprofits.

    Focus Areas

    Faith-based community social services (Salvation Army)Emergency assistance and basic needs services (e.g., food, shelter, utilities)Local community program support through established service providers

    Who They Fund

    local community residents in needlow-income individuals and familiespeople experiencing homelessness or housing instabilityclients of faith-based social service organizations

    Giving Approach

    Highly concentrated: repeat, sizable gifts to a single national faith-based service organization rather than many small or diversified grants.

    Financial Snapshot

    Annual Giving

    $300K

    Total Assets

    $3M

    Total Revenue

    $145K

    Total Expenses

    $142K

    Typical Grant Size

    Most grants fall between $150K and $150K, with a median of $150K.

    25th Percentile

    $150K

    Median

    $150K

    75th Percentile

    $150K

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in PA.

    Funding intensity
    Low
    High
    Headquarters

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    Funding Style

    concentrated giving to single granteerepeat major giftsdirect service supportfaith-based partner funding

    Notable grantees: The Salvation Army

    Topics

    faith-based community social services (Salvation Army)emergency assistance and basic needsfood security and meal programsshelter and homelessness supportutility assistance and crisis relieflocal community program funding through established providers
    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    THE SALVATION ARMYPHILADELPHIA, PA$150,0002024COMMUNITY
    THE SALVATION ARMYPHILADELPHIA, PA$150,0002023COMMUNITY

    THE SALVATION ARMY

    $150,000
    PHILADELPHIA, PA2024

    COMMUNITY

    THE SALVATION ARMY

    $150,000
    PHILADELPHIA, PA2023

    COMMUNITY