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Gorman Fam Foundation Inc. is a private corporation based in BRISTOL, CT. The foundation received its IRS ruling in 2022. The principal officer is % John J Gorman. It holds total assets of $4.6M. Annual income is reported at $546K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Gorman Fam Foundation Inc. has made 31 grants totaling $560K, with a median grant of $20K. Annual giving has decreased from $341K in 2022 to $219K in 2023. Individual grants have ranged from $700 to $50K, with an average award of $18K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Connecticut, Massachusetts, Minnesota, which account for 81% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Gorman Fam Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in CT, MA, MN.
Gorman Fam Foundation Inc. has distributed a total of $560K across 31 grants. The median grant size is $20K, with an average of $18K. Individual grants have ranged from $700 to $50K.
Gorman Fam Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (306684352) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Gorman Fam Foundation Inc. is headquartered in BRISTOL, CT. While based in CT, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary E Gorman | TREASURER | $0 | $0 | $0 |
| Olivia Z Gorman | SECRETARY | $0 | $0 | $0 |
| Ellyssa L Eror | VICE PRESIDE | $0 | $0 | $0 |
| John J Gorman | PRESIDENT | $0 | $0 | $0 |
Total Giving
$264K
Total Assets
$4.7M
Fair Market Value
$4.5M
Net Worth
$4.7M
Grants Paid
$219K
Contributions
$0
Net Investment Income
$176K
Distribution Amount
$219K
Total: $4M
Total Grants
31
Total Giving
$560K
Average Grant
$18K
Median Grant
$20K
Unique Recipients
12
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carleton CollegeCHARITABLE CONTRIBUTION | Northfield, MN | $30K | 2023 |
| Miss Proter'S SchoolCHARITABLE CONTRIBUTION | Farmington, CT | $50K | 2023 |
| Wellesley CollegeCHARITABLE CONTRIBUTION | Wellesley, MA | $40K | 2023 |
| Choate Rosemary SchoolCHARITABLE CONTRIBUTION | Wallingford, CT | $25K | 2023 |
| Operations SmileCHARTIABLE CONTRIBUTION | Virginia Beach, VA |
| $25K |
| 2023 |
| Southern Scholars Initiative IncCHARITABLE CONTRIBUTION | Denmark, SC | $20K | 2023 |
| First Cong Church Of SunderlandCHARITABLE CONTRIBUTION | Sunderland, MA | $10K | 2023 |
| Cat TalesCHARTIABLE CONTRIBUTION | Middletown, CT | $6K | 2023 |
| Meriden Soup KitchenCHARTIABLE CONTRIBUTION | Meriden, CT | $5K | 2023 |
| Ray Of Light FarmCHARTIABLE CONTRIBUTION | East Haddam, CT | $5K | 2023 |
| Canal Cock Boathouse IncCHARITABLE CONTRIBUTION | New Haven, CT | $3K | 2023 |
| Quaboag Quacumquasit Lake AssocCHARITABLE CONTRIBUTION | East Brookfield, MA | $5K | 2022 |
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