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Also known as: FOUNDATION TRUST
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Grossman Fam Charitable Foundation Irrv Trust 051997 is a private trust based in ENCINO, CA. The foundation received its IRS ruling in 1999. The principal officer is Felix T Grossman. It holds total assets of $1.2M. Annual income is reported at $299K. Total assets have grown from $497K in 2010 to $1.3M in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in California and New York. According to available records, Grossman Fam Charitable Foundation Irrv Trust 051997 has made 85 grants totaling $1.2M, with a median grant of $3K. Annual giving has decreased from $296K in 2020 to $229K in 2023. Grantmaking activity was highest in 2022 with $456K distributed across 34 grants. Individual grants have ranged from N/A to $132K, with an average award of $14K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in California, New York, Massachusetts, which account for 79% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$3K
Average Grant
$13K
Largest Grant
$132K
Based on 17 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.
Grossman Fam Charitable Foundation Irrv Trust 051997 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 85 grants. Its grantmaking reaches organizations primarily in CA, NY, MA.
Grossman Fam Charitable Foundation Irrv Trust 051997 has distributed a total of $1.2M across 85 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from N/A to $132K.
Grossman Fam Charitable Foundation Irrv Trust 051997 typically selects its grantees rather than accepting unsolicited proposals.
Grossman Fam Charitable Foundation Irrv Trust 051997 is headquartered in ENCINO, CA. While based in CA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Felix T Grossman | TRUSTEE | $0 | $0 | N/A |
| Beverly B Grossman | TRUSTEE | $0 | $0 | N/A |
Total Giving
$234K
Total Assets
$1.3M
Fair Market Value
$1.2M
Net Worth
$1.3M
Grants Paid
$229K
Contributions
N/A
Net Investment Income
$33K
Distribution Amount
$64K
Total Grants
85
Total Giving
$1.2M
Average Grant
$14K
Median Grant
$3K
Unique Recipients
36
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Felix Ventures FoundationUNRESTRICTED | Encino, CA | $100K | 2023 |
| City Of HopeUNRESTRICTED | Duarte, CA | $200 | 2023 |
| United WayUNRESTRICTED | Los Angeles, CA | $200 | 2022 |
| Williams CollegeUNRESTRICTED | Williamstown, MA | $40K | 2023 |
| Rose Bowl Aquatic CenterUNRESTRICTED | Pasadena, CA | $35K | 2023 |
| Los Angeles PhilharmonicoperaUNRESTRICTED | Los Angeles, CA | $20K | 2023 |
| La County Museum Of ArtUNRESTRICTED | Los Angeles, CA | $10K | 2023 |
| American Red CrossUNRESTRICTED | Glendale, CA | $6K | 2023 |
| Joslin Diabetes CenterUNRESTRICTED | Boston, MA | $5K | 2023 |
| Paralyzed Veterans Of AmericaUNRESTRICTED | Washington, DC | $4K | 2023 |
| Los Angeles Valley CollegeUNRESTRICTED | Valley Glen, CA | $3K | 2023 |
| Crespi Carmelite High SchoolUNRESTRICTED | Encino, CA | $2K | 2023 |
| Shriners Hospital For ChildrenUNRESTRICTED | Tampa, FL | $1K | 2023 |
| Arthritis FoundationUNRESTRICTED | Atlanta, GA | $1K | 2023 |
| Lord Of Harvest ChurchUNRESTRICTED | Los Angeles, CA | $1K | 2023 |
| Natl Glaucoma ResearchUNRESTRICTED | Clarksburg, MD | $1K | 2023 |
| Children'S Hospital LaUNRESTRICTED | Los Angeles, CA | $500 | 2023 |
| Venice Family ClinicUNRESTRICTED | Venice, CA | $500 | 2023 |
| American Academydramatic ArtsUNRESTRICTED | New York, NY | $35K | 2022 |
| Mountains Community HospitalUNRESTRICTED | Lake Arrowhead, CA | $4K | 2022 |
| United World CollegeUNRESTRICTED | Montezuma, NM | $3K | 2022 |
| American Heart AssociationUNRESTRICTED | Los Angeles, CA | $2K | 2022 |
| La Mus Of The HolocaustUNRESTRICTED | Los Angeles, CA | $1K | 2022 |
| Ny Metropolitan OperaUNRESTRICTED | New York, NY | $600 | 2022 |
| Norton Simon MuseumUNRESTRICTED | Pasadena, CA | $200 | 2022 |
| Loyola Marymount UnivUNRESTRICTED | Los Angeles, CA | $100 | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA