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Frank M & Olive E Gilman Foundation Inc. is a private corporation based in WEST LEBANON, NH. The foundation received its IRS ruling in 1991. The principal officer is % Joseph Jones. It holds total assets of $32.5M. Annual income is reported at $7M. PROVIDES GRANTS TO EDUCATIONAL 501 (C) 3 ORGANIZATIONS THAT PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN WINDSOR AND ORANGE COUNTIES IN VERMONT AND GRAFTON COUNTY IN NH. According to available records, Frank M & Olive E Gilman Foundation Inc. has made 8 grants totaling $8.1M, with a median grant of $1M. The foundation has distributed between $2M and $4.1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $4.1M distributed across 4 grants. Individual grants have ranged from $707K to $1.3M, with an average award of $1M. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Vermont and New Hampshire. Contributions to this foundation are tax-deductible.
PROVIDES GRANTS TO EDUCATIONAL 501 (C) 3 ORGANIZATIONS THAT PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN WINDSOR AND ORANGE COUNTIES IN VERMONT AND GRAFTON COUNTY IN NH
Expenses: $2M
PROVIDES GRANTS TO EDUCATIONAL 501 (C) 3 ORGANIZATIONS THAT PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN WINDSOR AND ORANGE COUNTIES IN VERMONT AND GRAFTON COUNTY IN NH. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in VT, NH.
Frank M & Olive E Gilman Foundation Inc. has distributed a total of $8.1M across 8 grants. The median grant size is $1M, with an average of $1M. Individual grants have ranged from $707K to $1.3M.
Frank M & Olive E Gilman Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Frank M & Olive E Gilman Foundation Inc. is headquartered in WEST LEBANON, NH. While based in NH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Jones | VICE-PRESIDENT | $0 | $0 | $0 |
| Reginald Jones | PRESIDENT | $0 | $0 | $0 |
| Brenda Jones | TREASURER | $0 | $0 | $0 |
| Elizabeth Jones | SECRETARY | $0 | $0 | $0 |
Total Giving
$2.3M
Total Assets
$32.3M
Fair Market Value
$37.6M
Net Worth
$32.3M
Grants Paid
$2M
Contributions
$0
Net Investment Income
$1.2M
Distribution Amount
$1.8M
Total: $20.6M
Total Grants
8
Total Giving
$8.1M
Average Grant
$1M
Median Grant
$1M
Unique Recipients
2
Most Common Grant
$757K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vermont Student Asst CorpEDUCATIONAL ASSISTANCE | Winooski, VT | $1.3M | 2023 |
| New Hampshire Charitable FoundationEDUCATIONAL ASSISTANCE | Concord, NH | $757K | 2023 |
FRANKLIN, NJ
GRAFTON, VT
LONG BRANCH, NJ
SPRINGFIELD, MA
FRANKLIN, IN
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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