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Gbl Charitable Foundation is a private corporation based in WESTWOOD, MA. The foundation received its IRS ruling in 2004. The principal officer is % Thomas P Sweeney. It holds total assets of $611K. Annual income is reported at $232K. THE TRUST ANNUALLY MAKES DISTRIBUTIONS TO EDUCATIONAL, MEDICAL, RELIGIOUS AND/OR CULTURAL 501(C)(3) ORGANIZATIONS. According to available records, Gbl Charitable Foundation has made 12 grants totaling $1.7M, with a median grant of $10K. Annual giving has decreased from $1.7M in 2021 to $35K in 2023. Individual grants have ranged from $3K to $828K, with an average award of $144K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in California, Maine, Massachusetts, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
THE TRUST ANNUALLY MAKES DISTRIBUTIONS TO EDUCATIONAL, MEDICAL, RELIGIOUS AND/OR CULTURAL 501(C)(3) ORGANIZATIONS.
THE TRUST ANNUALLY MAKES DISTRIBUTIONS TO EDUCATIONAL, MEDICAL, RELIGIOUS AND/OR CULTURAL 501(C)(3) ORGANIZATIONS. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA, ME, MA.
Gbl Charitable Foundation has distributed a total of $1.7M across 12 grants. The median grant size is $10K, with an average of $144K. Individual grants have ranged from $3K to $828K.
Gbl Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gbl Charitable Foundation is headquartered in WESTWOOD, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John R Layton | PRES/SEC/TREAS/DIRECTOR | $0 | $0 | $0 |
Total Giving
$43K
Total Assets
$555K
Fair Market Value
$788K
Net Worth
$555K
Grants Paid
$35K
Contributions
$0
Net Investment Income
$29K
Distribution Amount
$35K
Total: $393K
Total Grants
12
Total Giving
$1.7M
Average Grant
$144K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Walker SchoolPROGRAM SUPPORT | Boston, MA | $13K | 2023 |
| Hale ReservationPROGRAM SUPPORT | Westwood, MA | $10K | 2023 |
| Pioneer InstitutePROGRAM SUPPORT | Boston, MA | $10K | 2023 |
| Reach PrepPROGRAM SUPPORT | Stamford, CT | $3K | 2023 |
| Newton Wellesley Hospital FoundationPROGRAM SUPPORT | Newton, MA | $5K | 2022 |
ELLENTON, FL
DOBBS FERRY, NY
NEWPORT BEACH, CA
BROOKLYN, NY
GREENWOOD, IN
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Dextersouthfield SchoolsPROGRAM SUPPORT |
| Brookline, MA |
| $3K |
| 2022 |
| Schwab Charitable FundUNRESTRICTED | San Francisco, CA | $828K | 2021 |
| Maine Community Foundation IncUNRESTRICTED | Ellsworth, ME | $828K | 2021 |
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