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Also known as: DATED MAY 18 2011
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Grousbeck Fam Foundation Ii 05182011 is a private trust based in REDWOOD CITY, CA. The foundation received its IRS ruling in 2011. The principal officer is H Irving Grousbeck. It holds total assets of $54.9M. Annual income is reported at $19.9M. Total assets have grown from $18.8M in 2011 to $46.6M in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in California and Massachusetts. According to available records, Grousbeck Fam Foundation Ii 05182011 has made 140 grants totaling $8.6M, with a median grant of $30K. Annual giving has decreased from $2.3M in 2020 to $1.8M in 2023. Grantmaking activity was highest in 2022 with $4.5M distributed across 70 grants. Individual grants have ranged from $1K to $334K, with an average award of $61K. The foundation has supported 46 unique organizations. The foundation primarily supports organizations in California, Massachusetts, New Hampshire, which account for 95% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$30K
Average Grant
$64K
Largest Grant
$300K
Based on 35 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.
Grousbeck Fam Foundation Ii 05182011 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 140 grants. Its grantmaking reaches organizations primarily in CA, MA, NH.
Grousbeck Fam Foundation Ii 05182011 has distributed a total of $8.6M across 140 grants. The median grant size is $30K, with an average of $61K. Individual grants have ranged from $1K to $334K.
The application deadline is NO DEADLINES HAVE BEEN ESTABLISHED AT THIS TIME.. Grants are limited to irc section 501(c)(3) defined purpose and charities.
Grousbeck Fam Foundation Ii 05182011 is headquartered in REDWOOD CITY, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susanne Grousbeck | TRUSTEE | $0 | $0 | N/A |
| H Irving Grousbeck | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.1M
Total Assets
$46.6M
Fair Market Value
$52.3M
Net Worth
$46.6M
Grants Paid
$1.8M
Contributions
N/A
Net Investment Income
$1.5M
Distribution Amount
$2.5M
Total: $23.4M
Total Grants
140
Total Giving
$8.6M
Average Grant
$61K
Median Grant
$30K
Unique Recipients
46
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Amherst CollegeGENERAL | Amherst, MA | $150K | 2023 |
| Harvard Business SchoolGENERAL | Boston, MA | $5K | 2023 |
| Smith CollegeGENERAL | Boston, MA | $265K | 2023 |
| Peninsula Open Space TrustGENERAL | Palo Alto, CA | $200K | 2023 |
| Stanford Graduate School Of BusinessGENERAL | Stanford, CA | $150K | 2023 |
| African Leadership FoundationGENERAL | San Francisco, CA | $100K | 2023 |
| Kipp Public School Northern CaliforniaGENERAL | Oakland, CA | $100K | 2023 |
| Project Healthy ChildrenGENERAL | Cambridge, MA | $80K | 2023 |
| Stanford UniversityGENERAL | Stanford, CA | $68K | 2023 |
| Peninsula BridgeGENERAL | Menlo Park, CA | $65K | 2023 |
| All FiveGENERAL | Menlo Park, CA | $50K | 2023 |
| Boys And Girls Club Of The PeninsulaGENERAL | Menlo Park, CA | $50K | 2023 |
| Alder Graduate School Of EducationGENERAL | Redwood City, CA | $50K | 2023 |
| Meto IncGENERAL | Washington, DC | $50K | 2023 |
| East Palo Alto Academy FoundationGENERAL | Palo Alto, CA | $40K | 2023 |
| The Peninsula College FundGENERAL | Redwood City, CA | $35K | 2023 |
| St Francis CenterGENERAL | Los Angeles, CA | $33K | 2023 |
| Habitat For Humanity Greater San FranciscoGENERAL | San Francisco, CA | $30K | 2023 |
| Acknowledge AllianceGENERAL | Mountain View, CA | $30K | 2023 |
| Family ConnectionsGENERAL | San Carlos, CA | $30K | 2023 |
| Second Harvest Food BankGENERAL | Irvine, CA | $25K | 2023 |
| Menlo CollegeGENERAL | Atheron, CA | $25K | 2023 |
| Resurge InternationalGENERAL | Sunnyvale, CA | $25K | 2023 |
| South County Compassion CenterGENERAL | Gilroy, CA | $25K | 2023 |
| Asurion Compassion FundGENERAL | Nashville, TN | $20K | 2023 |
| American Red CrossGENERAL | San Francisco, CA | $20K | 2023 |
| The David Sheldrick Wildlife Trust UsaGENERAL | Laguna Hills, CA | $20K | 2023 |
| Environmental Traveling CompanionsGENERAL | San Francisco, CA | $20K | 2023 |
| Maranyundo SchoolGENERAL | Cambridge, MA | $15K | 2023 |
| Shine TogetherGENERAL | Milpitas, CA | $10K | 2023 |
| Deerfield AcademyGENERAL | Deerfield, MA | $10K | 2023 |
| Bring Me A Book FoundationGENERAL | Mountain View, CA | $10K | 2023 |
| Bald Peak Community FundGENERAL | Melvin Village, NH | $5K | 2023 |
| Reading PartnersGENERAL | Oakland, CA | $5K | 2023 |
| Brace Yourself InitiativeGENERAL | Chatsworth, CA | $1K | 2023 |
| Kipp Bay Area SchoolsGENERAL | Oakland, CA | $300K | 2022 |
| Families In TransitionGENERAL | Manchester, NH | $100K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA