//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. The foundation is governed by 4 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. 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 | N/A |
| Reginald Jones | PRESIDENT | $0 | $0 | N/A |
| Brenda Jones | TREASURER | $0 | $0 | N/A |
| Elizabeth Jones | SECRETARY | $0 | $0 | N/A |
Total Giving
$2.3M
Total Assets
$32.3M
Fair Market Value
$37.6M
Net Worth
$32.3M
Grants Paid
$2M
Contributions
N/A
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 |