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Also known as: C/O TIMOTHY BARROWS
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Gansett Foundation is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2001. The principal officer is Fougere & Associates. It holds total assets of $8.7M. Annual income is reported at $628K. Total assets have grown from $1.5M in 2011 to $8.7M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. Funding is distributed across 4 states, including Massachusetts, New York, Montana. According to available records, Gansett Foundation has made 12 grants totaling $2.9M, with a median grant of $25K. Annual giving has grown from $415K in 2020 to $2.5M in 2022. Individual grants have ranged from $10K to $1.3M, with an average award of $243K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Florida, Massachusetts, New York, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$25K
Average Grant
$42K
Largest Grant
$125K
Based on 10 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.
Gansett Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in FL, MA, NY.
Gansett Foundation has distributed a total of $2.9M across 12 grants. The median grant size is $25K, with an average of $243K. Individual grants have ranged from $10K to $1.3M.
The application deadline is NONE AT THE PRESENT TIME.. Limited to organizations operated exclusively for charitable, religious, scientific, literary, educational, am. Athletics purposes under irc sec. 501(c)(3). Recipients will be selected by the sole discretion of trustees.
Gansett Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathan Sokoloff Co Paul Mccoy Llp | TRUSTEE | $0 | $0 | N/A |
| Timothy Barrows Co Paul Mccoy Llp | TRUSTEE | $0 | $0 | N/A |
| Margaret Flanagan Co Paul Mccoy Llp | TRUSTEE | $0 | $0 | N/A |
Total Giving
$17K
Total Assets
$8.7M
Fair Market Value
$7.9M
Net Worth
$8.7M
Grants Paid
N/A
Contributions
$2.6M
Net Investment Income
$1.6M
Distribution Amount
$273K
Total: N/A
Total Grants
12
Total Giving
$2.9M
Average Grant
$243K
Median Grant
$25K
Unique Recipients
11
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Barrows Foundations Fidelity Charitable TrustGENERAL FUND, NO RESTRICTIONS | N Palm Beach, FL | $1.3M | 2022 |
| Colgate UniversitySUPPORT FOR EDUCATION | Hamilton, NY | $125K | 2020 |
| Williams CollegeSUPPORT FOR EDUCATION | Williamstown, MA | $100K | 2020 |
| Woods Hole Oceanographic InstSUPPORT FOR OCEANOGRAPHIC RESEARCH | Woods Hole, MA | $50K | 2020 |
| Brigham And WomensSUPPORT FOR MEDICAL CARE AND RESEARCH | Boston, MA | $25K | 2020 |
| Yellowstone Club Community FoundationSUPPORT CHARITY'S MISSION | Bozeman, MT | $25K | 2020 |
| Mass General HospitalSUPPORT FOR MEDICAL CARE AND RESEARCH | Boston, MA | $25K | 2020 |
| Lost Tree Village Charitable FoundationSUPPORT CHARITY'S MISSION | North Palm Beach, FL | $25K | 2020 |
| Partners In HealthSUPPORT FOR MEDICAL CARE | Boston, MA | $20K | 2020 |
| Mass Design GroupSUPPORT CHARITY'S MISSION | Boston, MA | $10K | 2020 |
| The Boston FoundationSUPPORT CHARITY'S MISSION | Boston, MA | $10K | 2020 |