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Golay Foundation Inc. is a private corporation based in CARMEL, IN. The foundation received its IRS ruling in 1978. The principal officer is Golay & Co Inc.. It holds total assets of $4.1M. Annual income is reported at $729K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Indiana. According to available records, Golay Foundation Inc. has made 20 grants totaling $737K, with a median grant of $5K. Annual giving has decreased from $268K in 2020 to $212K in 2022. Individual grants have ranged from $500 to $245K, with an average award of $37K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$54K
Largest Grant
$245K
Based on 5 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.
Golay Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in IN.
Golay Foundation Inc. has distributed a total of $737K across 20 grants. The median grant size is $5K, with an average of $37K. Individual grants have ranged from $500 to $245K.
Golay Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is ONE.
Golay Foundation Inc. is headquartered in CARMEL, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nancy Jarosinski | PRESIDENT/SECRETARY/TREASU | $13K | $0 | $13K |
| Betty Crim | VICE-PRESIDENT | $0 | $0 | N/A |
| Jennifer Robinson | MEMBER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.1M
Fair Market Value
N/A
Net Worth
$4.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
20
Total Giving
$737K
Average Grant
$37K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Golay Community CenterCASH FOR OPERATIONS | Cambridge City, IN | $180K | 2022 |
| Hope HouseCASH FOR OPERATIONS | Richmond, IN | $5K | 2022 |
| Friends Fellowship Community IncCASH FOR OPERATIONS | Richmond, IN | $10K | 2022 |
| The American Red CrossCASH FOR OPERATIONS | Richmond, IN | $10K | 2022 |
| Communities In Schools IndianaCASH FOR OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Catholic CharitiesCASH FOR OPERATIONS | Indianapolis, IN | $1K | 2022 |
| Anderson University Women'S LacrosseCASH FOR OPERATIONS | Anderson, IN | $500 | 2022 |
| Riverside CemeteryCASH FOR OPERATIONS | Noblesville, IN | $3K | 2021 |
| Cystic Fibrosis FoundationCASH FOR OPERATIONS | Indianapolis, IN | $3K | 2021 |