Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Alexander J Grossman Scholarship Foundation is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1984. The principal officer is Amsouth Bank Of Florida Ttee. It holds total assets of $2.1M. Annual income is reported at $660K. Total assets have grown from $1.6M in 2011 to $2M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Florida, Arizona and Rhode Island. According to available records, Alexander J Grossman Scholarship Foundation has made 15 grants totaling $312K, with a median grant of $29K. Annual giving has grown from $84K in 2021 to $228K in 2023. Individual grants have ranged from $12K to $29K, with an average award of $21K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Florida and Arizona and Rhode Island. Contributions to this foundation are tax-deductible.
Smallest Grant
$12K
Median Grant
$12K
Average Grant
$12K
Largest Grant
$12K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alexander J Grossman Scholarship Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in FL, AZ, RI.
Alexander J Grossman Scholarship Foundation has distributed a total of $312K across 15 grants. The median grant size is $29K, with an average of $21K. Individual grants have ranged from $12K to $29K.
Alexander J Grossman Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals.
Alexander J Grossman Scholarship Foundation is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank | TRUSTEE | $30K | $0 | $30K |
| Principal Registrar | AWARDS COMMITTEE | $0 | $0 | N/A |
| Superintendent | AWARDS COMMITTEE | $0 | $0 | N/A |
Total Giving
$139K
Total Assets
$2M
Fair Market Value
$2.6M
Net Worth
$2M
Grants Paid
$101K
Contributions
N/A
Net Investment Income
$32K
Distribution Amount
$116K
Total Grants
15
Total Giving
$312K
Average Grant
$21K
Median Grant
$29K
Unique Recipients
8
Most Common Grant
$29K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversitySCHOLARSHIP | Providence, RI | $12K | 2021 |
| Embry Riddle Aeronautical UniversitySCHOLARSHIP | Prescott, AZ | $29K | 2023 |
| Petersburg CollegeSCHOLARSHIP | St Petersburg, FL | $29K | 2023 |
| Florida State UniversitySCHOLARSHIP | Tallahassee, FL | $29K | 2023 |
| University Of FloridaSCHOLARSHIP | Gainesville, FL | $29K | 2023 |
| Florida Polytechnic UniversitySCHOLARSHIP | Lakeland, FL | $12K | 2021 |
| St Petersburg CollegeSCHOLARSHIP | St Petersburg, FL | $12K | 2021 |
| University Of South Florida St PetersburSCHOLARSHIP | St Petersburg, FL | $12K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL