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Gormley Family Foundation Inc. is a private corporation based in ATLANTIC CITY, NJ. The foundation received its IRS ruling in 2021. The principal officer is % William L Gormley. It holds total assets of $549K. Annual income is reported at $172K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Gormley Family Foundation Inc. has made 35 grants totaling $205K, with a median grant of $5K. Annual giving has grown from $92K in 2022 to $114K in 2023. Individual grants have ranged from $500 to $25K, with an average award of $6K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in New Jersey, Indiana, Pennsylvania, which account for 94% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Gormley Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in NJ, IN, PA.
Gormley Family Foundation Inc. has distributed a total of $205K across 35 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $25K.
Gormley Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gormley Family Foundation Inc. is headquartered in ATLANTIC CITY, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lee A Levine | Trustee | $0 | $0 | $0 |
| Alan C Staller | Trustee | $0 | $0 | $0 |
| William L Gormley | Trustee | $0 | $0 | $0 |
Total Giving
$115K
Total Assets
$531K
Fair Market Value
$747K
Net Worth
$531K
Grants Paid
$114K
Contributions
$64
Net Investment Income
$6K
Distribution Amount
$34K
Total Grants
35
Total Giving
$205K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
28
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Notre DameUnrestricted | Notre Dame, IN | $25K | 2023 |
| The Trustees Of The University Of PennsylvaniaUnrestricted | Philadelphia, PA | $13K | 2023 |
| St Augustine PrepUnrestricted | Richland, NJ | $10K | 2023 |
| Daughters For The Daughters Of Our Lady Of The Sacred HeartUnrestricted | Margate City, NJ | $10K | 2023 |
| William J Hughes Center For Public PolicyUnrestricted | Galloway, NJ | $5K | 2023 |
| Brigantine Rowing ClubUnrestricted | Brigantine, NJ | $5K | 2023 |
| Atlantic City Indoor Rowing AssociationUnrestricted | Atlantic City, NJ | $5K | 2023 |
| Marine Corps Law Enforcement FoundationUnrestricted | Tuckahoe, NY | $5K | 2023 |
| Stockton UniversityUnrestricted | Galloway, NJ | $5K | 2023 |
| Atlantic County Sheriff'S Foundation IncUnrestricted | Egg Harbor, NJ | $5K | 2023 |
| Society Of The Friendly Sons Of St PatrickUnrestricted | Morristown, NJ | $3K | 2023 |
| St David'S ChurchUnrestricted | Cranbury, NJ | $3K | 2023 |
| Tara Miller Melanoma FoundationUnrestricted | Margate City, NJ | $3K | 2023 |
| Jewish Federations Of Atlantic & Cape May CountiesUnrestricted | Margate City, NJ | $3K | 2023 |
| Rutgers UniversityUnrestricted | New Brunswick, NJ | $3K | 2023 |
| Atlantic City Boardwalk Holocaust MemorialUnrestricted | Ventnor City, NJ | $3K | 2023 |
| Villanova UniversityUnrestricted | Villanova, PA | $3K | 2023 |
| Acua ScholarshipUnrestricted | Pleasantville, NJ | $2K | 2023 |
| Harry Hurley In The Morning Golf OpenUnrestricted | Egg Harbor Township, NJ | $2K | 2023 |
| NaacpUnrestricted | Atlantic City, NJ | $1K | 2023 |
| Riverfront PlayersUnrestricted | Burlington, NJ | $1K | 2023 |
| Boxx For TotsUnrestricted | Margate City, NJ | $500 | 2023 |
| Matthew Bee MemorialUnrestricted | Egg Harbor City, NJ | $500 | 2023 |
| Egg Harbor Township High School Crew Booster ClubUnrestricted | Northfield, NJ | $500 | 2023 |
| Conversations To RememberUnrestricted | Pine Brook, NJ | $500 | 2023 |
| Brick City RowingUnrestricted | Newark, NJ | $5K | 2022 |
| Our Lady Star Of The SeaUnrestricted | Atlantic City, NJ | $5K | 2022 |
| Code 4 FoundationUnrestricted | Escondido, CA | $3K | 2022 |
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