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Jerry Alexander Gorman Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2015. The principal officer is % Steven Gorman. It holds total assets of $245K. Annual income is reported at $51K. Directly funded 6 scholarships for The Jerry Alexander Gorman Foundation's "The Passion To Succeed" student scholarships administered by Beauty Changes Lives to empower individuals via education in the field of cosmetology. According to available records, Jerry Alexander Gorman Foundation has made 10 grants totaling $84K, with a median grant of $2K. Annual giving has grown from $10K in 2020 to $30K in 2023. Grantmaking activity was highest in 2022 with $44K distributed across 4 grants. Individual grants have ranged from $2K to $30K, with an average award of $8K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in California and Texas and Virginia. Contributions to this foundation are tax-deductible.
Donation to Foster Care to Success to assist and support orphans and foster care youth, who have experienced trauma, with scholarships.
Expenses: $3K
Donation to The Nobelity Project to provide global scholarships to bridge the gap in education in communities around the world.
Expenses: $3K
Donation to Beauty Changes Lives to empower individuals with mentorship, inspiration and scholarships in the field fo cosmetology.
Expenses: $2K
Donation to Project Schoolhouse to help remote communities build schools, water systems, and latrines.
Expenses: $2K
Directly funded 6 scholarships for The Jerry Alexander Gorman Foundation's "The Passion To Succeed" student scholarships administered by Beauty Changes Lives to empower individuals via education in the field of cosmetology. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in CA, TX, VA.
Jerry Alexander Gorman Foundation has distributed a total of $84K across 10 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $2K to $30K.
Jerry Alexander Gorman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jerry Alexander Gorman Foundation is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
Total Giving
$35K
Total Assets
$281K
Fair Market Value
$281K
Net Worth
$281K
Grants Paid
$30K
Contributions
$0
Net Investment Income
$9K
Distribution Amount
$14K
Total: $0
Total Grants
10
Total Giving
$84K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
6
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Beauty Changes LivesDirectly funded 6 scholarships for The Jerry Alexander Gorman Foundation's "The Passion To Succeed" student scholarships administered by Beauty Changes Lives to empower individuals via education in the field of cosmetology. | Rancho Santa Fe, CA | $30K | 2023 |
| The Nobelity ProjectDonation to The Nobelity Project to provide global scholarships to bridge the gap in education in communities around the world. | Austin, TX | $2K | 2022 |
| Foster Care To SuccessScholarships for orphans. | Sterling, VA | $3K | 2020 |
| Project SchoolhouseHelping remote communities build schools, water systems, and latrines. | Austin, TX | $2K | 2020 |
| Beauty Saves Lives |
MEMPHIS, TN
COTTAGE GROVE, MN
GREAT FALLS, VA
GERALDINE, AL
PALM BEACH, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Rancho Santa Fe, CA |
| $2K |
| 2020 |
| Foundation CommunitiesAffordable housing with on-site support services in the areas of education, financial stability and health. | Austin, TX | $2K | 2020 |
HOUSTON, TX
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