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Galenus Foundation is a private trust based in NEWTON, MA. The foundation received its IRS ruling in 2008. It holds total assets of $13.5M. Annual income is reported at $6.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Galenus Foundation has made 74 grants totaling $2.4M, with a median grant of $3K. Annual giving has decreased from $1.6M in 2022 to $790K in 2023. Individual grants have ranged from $50 to $675K, with an average award of $32K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, District of Columbia, which account for 54% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Galenus Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in MA, NY, DC.
Galenus Foundation has distributed a total of $2.4M across 74 grants. The median grant size is $3K, with an average of $32K. Individual grants have ranged from $50 to $675K.
Galenus Foundation typically selects its grantees rather than accepting unsolicited proposals.
Galenus Foundation is headquartered in NEWTON, MA. While based in MA, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laura F Langer | Trustee | $0 | $0 | $0 |
| Robert S Langer | Trustee | $0 | $0 | $0 |
Total Giving
$929K
Total Assets
$13.3M
Fair Market Value
$17M
Net Worth
$13.3M
Grants Paid
$790K
Contributions
$0
Net Investment Income
$491K
Distribution Amount
$794K
Total: $6.2M
Total Grants
74
Total Giving
$2.4M
Average Grant
$32K
Median Grant
$3K
Unique Recipients
40
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cherish The ChildrenGENERAL FUND | Glastonbury, CT | $1K | 2023 |
| Massachusetts Institute Of TechnoloRESEARCH | Cambridge, MA | $600K | 2023 |
| American Academy Of AchievementEDUCATION | Washington, DC | $45K | 2023 |
| The American Institute Of ChemicalEDUCATION | New York, NY | $25K | 2023 |
| Mcgillivray Finish Strong FoundatioGENERAL SUPPORT | North Andover, MA |
| $25K |
| 2023 |
| Lehigh UniversityEDUCATION | Bethlehem, PA | $15K | 2023 |
| Beth Israel Deaconess Medical CenteMedical Advancement | Boston, MA | $15K | 2023 |
| Museum Of ScienceEDUCATION | Boston, MA | $12K | 2023 |
| Creative VisionsADVOCACY | Malibu, CA | $10K | 2023 |
| University Of Notre DameEDUCATION | Notre Dame, IN | $5K | 2023 |
| Chabad Of GreenwichRELIGIOUS | Greenwich, CT | $5K | 2023 |
| The Milken InstituteAdvocacy | Santa Monica, CA | $5K | 2023 |
| Jcc Of Greenwich CtRELIGIOUS ACTIVITY | Greenwich, CT | $5K | 2023 |
| The Giving Back FundGENERAL SUPPORT | Boston, MA | $3K | 2023 |
| Boston BalletADVANCE THE ARTS | Boston, MA | $3K | 2023 |
| Greater Boston Food BankHuman Services | Boston, MA | $3K | 2023 |
| Univ Of California-San FranciscoGENERAL FUND | San Francisco, CA | $3K | 2023 |
| Newton Food PantryHuman Services | Newton, MA | $3K | 2023 |
| Museum Of Fine ArtsInternational Relief | Boston, MA | $1K | 2023 |
| Pan Mass ChallengeEDUCATION | Needham, MA | $1K | 2023 |
| National Outdoor Leadership SchoolGENERAL FUND | Lander, WY | $1K | 2023 |
| Boys And Girls Cub Of Collier CountYOUTH DEVELOPMENT | Naples, FL | $1K | 2023 |
| New Art CenterCancer Research | Newton, MA | $1K | 2023 |
| Life Energy InstituteGENERAL FUND | Topanga, CA | $1K | 2023 |
| Damon Runyon Cancer Research FdnMEDICAL ADVANCEMENT | New York, NY | $1K | 2023 |
| Only Make BelieveGENERAL SUPPORT | Washington, DC | $512 | 2023 |
| Beth Israel Leahy HealthMEDICAL RESEARCH | Boston, MA | $500 | 2023 |
| Komen For The CureEDUCATION | Dallas, TX | $100 | 2023 |
| International Institute Of New EnglEDUCATION | Boston, MA | $10K | 2022 |
| Cradles To CrayonsHUMAN SERVICES | Boston, MA | $10K | 2022 |
| Planned Parenthood Federation Of AmEDUCATION | New York, NY | $10K | 2022 |
| Creative StartupsRESEARCH | Santa Fe, NM | $5K | 2022 |
| Ucla FoundationEDUCATION | Los Angeles, CA | $5K | 2022 |
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