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Geico Philanthropic Foundation is a private corporation based in CHEVY CHASE, MD. The foundation received its IRS ruling in 1982. The principal officer is % Alison Fazio. It holds total assets of $119M. Annual income is reported at $22.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Geico Philanthropic Foundation has made 40 grants totaling $46.6M, with a median grant of $57K. Annual giving has decreased from $21.7M in 2020 to $3.3M in 2023. Individual grants have ranged from $5K to $10.3M, with an average award of $1.2M. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Geico Philanthropic Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in MD.
Geico Philanthropic Foundation has distributed a total of $46.6M across 40 grants. The median grant size is $57K, with an average of $1.2M. Individual grants have ranged from $5K to $10.3M.
Geico Philanthropic Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (521202740) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Geico Philanthropic Foundation is headquartered in CHEVY CHASE, MD.
Total Giving
$3.3M
Total Assets
$101.4M
Fair Market Value
$101.4M
Net Worth
$99.9M
Grants Paid
$3.3M
Contributions
$20K
Net Investment Income
$2M
Distribution Amount
$4.7M
Total: $100.3M
Total Grants
40
Total Giving
$46.6M
Average Grant
$1.2M
Median Grant
$57K
Unique Recipients
7
Most Common Grant
$9K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| General Philanthropic ContributionsCONTRIBUTION | Chevy Chase, MD | $2.9M | 2023 |
| George And William B SnyderGRANT | Chevy Chase, MD | $208K | 2023 |
| Snyder Family Scholarship ProgramGrant | Chevy Chase, MD | $104K | 2023 |
| Davidson Scholarship ProgramGRANT | Chevy Chase, MD | $68K | 2023 |
| Tony And Sally Nicely ScholarshipGRANT | Chevy Chase, MD | $24K | 2023 |
| Byrne Scholarship ProgramGRANT | Chevy Chase, MD | $18K | 2023 |
| Kreeger Scholarship ProgramGRANT | Chevy Chase, MD | $9K | 2023 |
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