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Audrey And Martin Gruss Foundation is a private corporation based in WEST PALM BEACH, FL. The foundation received its IRS ruling in 2009. The principal officer is Bhash Lalta. It holds total assets of $25.7M. Annual income is reported at $4.2M. Total assets have decreased from $94.3M in 2011 to $25.7M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Audrey And Martin Gruss Foundation has made 4 grants totaling $23.4M, with a median grant of $5.9M. Annual giving has decreased from $17.7M in 2022 to $5.7M in 2023. Individual grants have ranged from $5.7M to $5.9M, with an average award of $5.8M. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
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.
Audrey And Martin Gruss Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in FL.
Audrey And Martin Gruss Foundation has distributed a total of $23.4M across 4 grants. The median grant size is $5.9M, with an average of $5.8M. Individual grants have ranged from $5.7M to $5.9M.
Audrey And Martin Gruss Foundation typically selects its grantees rather than accepting unsolicited proposals.
Audrey And Martin Gruss Foundation is headquartered in WEST PALM BEACH, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Audrey B Gruss | CO-PRESIDENT | $0 | $0 | N/A |
| Bhash Lalta | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Courtney Keemss | ASSISTANT SECRETARY | $0 | $0 | N/A |
| David Zislin | VICE PRESIDENT/TREASURER | $0 | $0 | N/A |
| Martin D Gruss | CO-PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$25.7M
Fair Market Value
N/A
Net Worth
$25.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$23.4M
Average Grant
$5.8M
Median Grant
$5.9M
Unique Recipients
1
Most Common Grant
$5.9M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule AttachedGENERAL PURPOSE | West Palm Beach, FL | $5.7M | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL