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Granite Charitable Foundation is a private corporation based in GRANITE BAY, CA. The foundation received its IRS ruling in 2021. The principal officer is Russ Nash. It holds total assets of $610K. Annual income is reported at $218K. Total assets have grown from $135K in 2021 to $408K in 2023. mcnair public high school 10 scholarships. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in California and Indiana. According to available records, Granite Charitable Foundation has made 16 grants totaling $94K, with a median grant of $2K. Annual giving has decreased from $62K in 2022 to $32K in 2023. Individual grants have ranged from $579 to $16K, with an average award of $6K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in California and Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$579
Median Grant
$2K
Average Grant
$5K
Largest Grant
$16K
Based on 6 grants from the most recent 990-PF filing.
Calpoly state university scholarship for pitino High school kids
Expenses: $10K
Afganistan refugee food program
Expenses: $500
High school special ed teacher supplies
Expenses: $500
Auburn homeless shelter food program
Expenses: $500
mcnair public high school 10 scholarships. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA, IN.
Granite Charitable Foundation has distributed a total of $94K across 16 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $579 to $16K.
Granite Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Granite Charitable Foundation is headquartered in GRANITE BAY, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$32K
Total Assets
$408K
Fair Market Value
$439K
Net Worth
$408K
Grants Paid
$32K
Contributions
$168K
Net Investment Income
$1K
Distribution Amount
$20K
Total: $386K
Total Grants
16
Total Giving
$94K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
7
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Florin High School15 college schlorships | Sacramento, CA | $15K | 2023 |
| Luther Burbank High School14 college scholorships | Sacramento, CA | $14K | 2023 |
| Gathering Innfood to feed the homeless that are staying in this shelter | Auburn, CA | $2K | 2023 |
| Orangevale Food Bankmoney for food and supplies | Oranagevale, CA | $1K | 2023 |
| Mcnair High School 10 Students10 college schlarships | Stockton, CA | $10K | 2022 |
| Lambda Chi Education Foundationleadership skills scholarship | Carmel, IN | $3K | 2022 |
| Sacramento High Schoolgift to school for student fundraiser | Sacramento, CA | $1K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA