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Mary A & Thomas F Grasselli Endowment Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 1965. The principal officer is Foundation Source. It holds total assets of $1.3M. Annual income is reported at $305K. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Texas, New York and New Jersey. According to available records, Mary A & Thomas F Grasselli Endowment Foundation has made 65 grants totaling $302K, with a median grant of $3K. Annual giving has grown from $82K in 2020 to $220K in 2022. Individual grants have ranged from $250 to $22K, with an average award of $5K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Texas, New Jersey, New York, which account for 83% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$3K
Average Grant
$4K
Largest Grant
$20K
Based on 19 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.
Mary A & Thomas F Grasselli Endowment Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in TX, NJ, NY.
Mary A & Thomas F Grasselli Endowment Foundation has distributed a total of $302K across 65 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $250 to $22K.
Mary A & Thomas F Grasselli Endowment Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mary A & Thomas F Grasselli Endowment Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas G Fowler | Trustee, Treas, VP | $0 | $0 | N/A |
| William H Fowler Ii | Trustee, Pres | $0 | $0 | N/A |
| Robert S Fowler | Trustee | $0 | $0 | N/A |
| Marya Fowler | Sec, Trustee | $0 | $0 | N/A |
Total Giving
$134K
Total Assets
$1.3M
Fair Market Value
$2.3M
Net Worth
$1.3M
Grants Paid
$90K
Contributions
N/A
Net Investment Income
$26K
Distribution Amount
$107K
Total: $1M
Total Grants
65
Total Giving
$302K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
29
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Student Partner Alliance A New Jersey Non-Profit CGeneral & Unrestricted | Summit, NJ | $22K | 2022 |
| Frick CollectionGeneral & Unrestricted | New York, NY | $11K | 2022 |
| Buckley School In The City Of New YorkGeneral & Unrestricted | New York, NY | $10K | 2022 |
| Eanes Education FoundationGeneral & Unrestricted | W Lake Hills, TX | $10K | 2022 |
| Austin Youth River WatchGeneral & Unrestricted | Austin, TX | $5K | 2022 |
| Camp FireGeneral & Unrestricted | Austin, TX | $5K | 2022 |
| Alley TheatreAnnual Fund - Center Stage | Houston, TX | $5K | 2022 |
| Trustees Of Deerfield AcademyAnnual Fund | Deerfield, MA | $5K | 2022 |
| International Fund For Animal Welfare IncGeneral & Unrestricted | Yarmouth Port, MA | $5K | 2022 |
| Museum Of Fine Arts HoustonAnnual Fund - Leadership Circle | Houston, TX | $5K | 2022 |
| Cleveland Zoological SocietyGeneral & Unrestricted | Cleveland, OH | $4K | 2022 |
| The University Of Texas Md Anderson Cancer CenterM.D. Anderson Children's Cancer Hospital Fund | Houston, TX | $3K | 2022 |
| Easter Seals Of Greater Houston IncCharitable Event | Houston, TX | $3K | 2022 |
| Houston Tennis Association IncScholarship Fund | Houston, TX | $3K | 2022 |
| Austin Pets AliveGeneral & Unrestricted | Austin, TX | $3K | 2022 |
| The Metropolitan Museum Of ArtGeneral & Unrestricted | New York, NY | $2K | 2022 |
| Summit Area YmcaGeneral & Unrestricted | Summit, NJ | $2K | 2022 |
| Overlook FoundationGeneral & Unrestricted | Summit, NJ | $2K | 2022 |
| Citizens For Animal Protection IncAnnual Fund | Houston, TX | $1K | 2022 |
| Houston Zoo IncAnnual Fund - Asante Society | Houston, TX | $1K | 2022 |
| Family Promise IncGeneral & Unrestricted | Summit, NJ | $1K | 2022 |
| Cornell UniversityAnnual Fund - Class of 2012 | Ithaca, NY | $1K | 2022 |
| Futures-Ct Inc Dba Woofgang And CoGeneral & Unrestricted | Fairfield, CT | $500 | 2022 |