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Gilhuly Family Foundation is a private trust based in ALBANY, NY. The foundation received its IRS ruling in 1998. The principal officer is % Goldman Sachs Wealth Service. It holds total assets of $7.9M. Annual income is reported at $743K. PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT. According to available records, Gilhuly Family Foundation has made 6 grants totaling $6.8M, with a median grant of $310K. Annual giving has grown from $308K in 2021 to $6.5M in 2022. Individual grants have ranged from $78K to $2.9M, with an average award of $1.1M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT
UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY.
Gilhuly Family Foundation has distributed a total of $6.8M across 6 grants. The median grant size is $310K, with an average of $1.1M. Individual grants have ranged from $78K to $2.9M.
Gilhuly Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gilhuly Family Foundation is headquartered in ALBANY, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Gilhuly | TRUSTEE | $0 | $0 | $0 |
| Edward Gilhuly | TRUSTEE | $0 | $0 | $0 |
Total Giving
$2.6M
Total Assets
$8.9M
Fair Market Value
$12.5M
Net Worth
$8.9M
Grants Paid
$2.5M
Contributions
$2.6M
Net Investment Income
$219K
Distribution Amount
$504K
Total: $2.2M
Total Grants
6
Total Giving
$6.8M
Average Grant
$1.1M
Median Grant
$310K
Unique Recipients
2
Most Common Grant
$2.9M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached List - StockGENERAL | Albany, NY | $2.9M | 2022 |
| See Attached List - CashGENERAL | Albany, NY | $310K | 2022 |
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