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Also known as: co Broom Resource Investments LLC
Broom Family Foundation is a private trust based in NEW LONDON, NH. The foundation received its IRS ruling in 1997. The principal officer is % Strategic Timber Inc.. It holds total assets of $4.3M. Annual income is reported at $1.2M. The foundation operates in the area of arts & culture. According to available records, Broom Family Foundation has made 6 grants totaling $83K, with a median grant of $10K. Annual giving has grown from $19K in 2022 to $64K in 2023. Individual grants have ranged from $5K to $33K, with an average award of $14K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New Hampshire and Massachusetts and Virginia. Contributions to this foundation are tax-deductible.
Broom Family Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NH, MA, VA.
Broom Family Foundation has distributed a total of $83K across 6 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $5K to $33K.
FUNDS TO BE USED PRIMARILY FOR EDUCATIONAL AND RELIGIOUS PURPOSES.
Broom Family Foundation is headquartered in NEW LONDON, NH. While based in NH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas P Broom | TRUSTEE | $43K | $0 | $43K |
| Joan M Broom | Trustee | $0 | $0 | $0 |
Total Giving
$218K
Total Assets
$4.3M
Fair Market Value
$6.1M
Net Worth
$4.3M
Grants Paid
$64K
Contributions
$0
Net Investment Income
$38K
Distribution Amount
$88K
Total: $809K
Total Grants
6
Total Giving
$83K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mount Royal AcademySUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | Sunapee, NH | $33K | 2023 |
| Oblates Of Virgin MarySUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | Boston, MA | $20K | 2023 |
| Sophia Institute PressSUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | Manchester, NH | $6K | 2023 |
| Cardinal Newman SocietySUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | Manassas, VA | $5K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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