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Also known as: FOUNDATION INC
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Erica And Mark Groussman Foundation Inc. is a private corporation based in MIAMI BEACH, FL. The foundation received its IRS ruling in 2016. It holds total assets of $192K. Annual income is reported at N/A. Total assets have decreased from $298K in 2018 to $192K in 2022. The foundation is governed by 3 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 2016 to 2023. Grantmaking is concentrated in Florida. According to available records, Erica And Mark Groussman Foundation Inc. has made 14 grants totaling $56K, with a median grant of $3K. Annual giving has decreased from $5K in 2020 to $3K in 2023. Grantmaking activity was highest in 2022 with $46K distributed across 8 grants. Individual grants have ranged from $465 to $10K, with an average award of $4K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Florida and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$465
Median Grant
$750
Average Grant
$2K
Largest Grant
$4K
Based on 3 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.
Erica And Mark Groussman Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in FL, CO.
Erica And Mark Groussman Foundation Inc. has distributed a total of $56K across 14 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $465 to $10K.
Erica And Mark Groussman Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Erica And Mark Groussman Foundation Inc. is headquartered in MIAMI BEACH, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Groussman | PRESIDENT | $0 | $0 | N/A |
| Erica Groussman | SECRETARY | $0 | $0 | N/A |
| Andrea Groussman | TREASURER | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$192K
Fair Market Value
$5K
Net Worth
$192K
Grants Paid
$3K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$352
Total: $191K
Total Grants
14
Total Giving
$56K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
10
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple Beth SholomUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Miami Beach, FL | $3K | 2023 |
| Miami Country Day SchoolUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Miami, FL | $10K | 2022 |
| Cherry Hills Village Elementary PtcoUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Engelwood, CO | $7K | 2022 |
| Roger Federer FoundationUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Zurich | $5K | 2022 |
| National Jewish HealthUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Denver, CO | $1K | 2022 |
| Colorado Safe Haven For NewbornsUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Centennial, CO | $1K | 2021 |
| Big GreenUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Boulder, CO | $1K | 2021 |
| The Miami FoundationUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Miami, FL | $4K | 2020 |
| Miami Beach Jewish Community Center IncUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Miami Beach, FL | $750 | 2020 |
| Greater Miami Jewish FederationUNRESTRICTED FOR PURPOSES OF ORGANIZATION | Miami, FL | $465 | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL