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Ganassi Foundation is a private corporation based in CHAMPION, PA. The foundation received its IRS ruling in 1989. The principal officer is Manor Asset. It holds total assets of $1.4M. Annual income is reported at $176K. Total assets have grown from $266K in 2010 to $1.1M in 2022. The foundation is governed by 2 officers and trustees. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Pennsylvania and Minnesota. According to available records, Ganassi Foundation has made 41 grants totaling $290K, with a median grant of $2K. Annual giving has grown from $51K in 2020 to $186K in 2022. Individual grants have ranged from $1K to $25K, with an average award of $7K. The foundation has supported 20 unique organizations. Grants have been distributed to organizations in Pennsylvania and Minnesota and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$10K
Largest Grant
$25K
Based on 6 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.
Ganassi Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in PA, MN, NY.
Ganassi Foundation has distributed a total of $290K across 41 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $1K to $25K.
The application deadline is APRIL 15.
Ganassi Foundation is headquartered in CHAMPION, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Annette D Ganassi | TRUSTEE | $0 | $0 | N/A |
| Floyd R Ganassi Jr | TRUSTEE | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$54K
Contributions
N/A
Net Investment Income
$44K
Distribution Amount
$54K
Total: $1.1M
Total Grants
41
Total Giving
$290K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
20
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Birmingham FoundationEARLY CHILDHOOD EDUCATION | Pittsburgh, PA | $2K | 2020 |
| The Pennsylvania State UniversityCHALES BOOTH JR. STUDENT UNION | New Kensington, PA | $25K | 2022 |
| Duquesne UniversityENDOWED SCHOLARSHIP | Pittsburgh, PA | $20K | 2022 |
| Mayo ClinicMODEL OF CARE | Rochester, MN | $10K | 2022 |
| Variety - The Childrens CharityPURCHASE EQUIPMENT FOR PROGRAMS | Wexford, PA | $5K | 2022 |
| Stahlstown Flax Scutching FestivalNEW BUILDING CONSTRUCTION - DISPLAY | Stahlstown, PA | $1K | 2022 |
| Latrobe Art CenterEXPANSION OF ART CLASSES | Latrobe, PA | $1K | 2022 |
| Pittsburgh History & Landmarks FdFLOYD GANASSI NAMED FUND | Pittsburgh, PA | $5K | 2021 |
| Pittsburgh Civic Light OperaSUMMER INTERNSHIPS FOR STUDENTS | Pittsburgh, PA | $2K | 2021 |
| Fox Chapel Presbyterian ChurchCHANCEL & CHILDREN'S CHOIR | Pittsburgh, PA | $2K | 2021 |
| Fox Chapel VfdEQUIPMENT MAINTENANCE | Pittsburgh, PA | $1K | 2021 |
| Chestnut Ridge VfdEQUIPMENT MAINTENANCE | Stahlstown, PA | $1K | 2021 |
| Action For AnimalsVETERINARY SERVICES FOR SHELTER ANIM | Latrobe, PA | $1K | 2021 |
| New Centerville & Rural VfdEQUIPMENT MAINTENANCE | Rockwood, PA | $1K | 2021 |
| Pittsburgh History & Landmark FoundPROGRAM RELIEF DURING PANDEMIC | Pittsburgh, PA | $10K | 2020 |
| Children'S Tumor FoundationMEDICAL RESEARCH | New York, NY | $10K | 2020 |
| Allegheny Health NetworkTRAUMA RESEARCH | Ittsburgh, PA | $10K | 2020 |
| Gannon UniversitySCHOLARSHIP | Erie, PA | $1K | 2020 |
| Humane Society Of Somerset CountyVETERINARY SERVICES | Someerset, PA | $1K | 2020 |
| New Centrville & Rural VfdEQUIPMENT MAINTENANCE | Rockwood, PA | $1K | 2020 |