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Norcross Foundation Inc. is a private corporation based in JACKSONVILLE, FL. The foundation received its IRS ruling in 2014. The principal officer is % Gary Norcross. It holds total assets of $12.2M. Annual income is reported at $3.9M. THE NORCROSS FOUNDATION, INC. IS ORGANIZED AND OPERATED TO MAKE CASH DONATIONS TO PUBLIC CHARITIES. THE FOUNDATION DOES NOT ENGAGE IN ANY OTHER ACTIVITIES. According to available records, Norcross Foundation Inc. has made 53 grants totaling $5.3M, with a median grant of $50K. Annual giving has decreased from $1.5M in 2020 to $811K in 2023. Grantmaking activity was highest in 2022 with $3M distributed across 32 grants. Individual grants have ranged from $5K to $400K, with an average award of $100K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Florida, New York, Michigan, which account for 72% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
THE NORCROSS FOUNDATION, INC. IS ORGANIZED AND OPERATED TO MAKE CASH DONATIONS TO PUBLIC CHARITIES. THE FOUNDATION DOES NOT ENGAGE IN ANY OTHER ACTIVITIES.
THE NORCROSS FOUNDATION, INC. IS ORGANIZED AND OPERATED TO MAKE CASH DONATIONS TO PUBLIC CHARITIES. THE FOUNDATION DOES NOT ENGAGE IN ANY OTHER ACTIVITIES. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in FL, NY, MI.
Norcross Foundation Inc. has distributed a total of $5.3M across 53 grants. The median grant size is $50K, with an average of $100K. Individual grants have ranged from $5K to $400K.
Norcross Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Norcross Foundation Inc. is headquartered in JACKSONVILLE, FL. While based in FL, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William M Norcross | DIRECTOR | $0 | $0 | $0 |
| Amanda M Norcross | TREASURER | $0 | $0 | $0 |
| Sara K Norcross | SECRETARY | $0 | $0 | $0 |
| Gary A Norcross | PRESIDENT/CE | $0 | $0 | $0 |
| John A Norcross | DIRECTOR | $0 | $0 | $0 |
Total Giving
$887K
Total Assets
$12.8M
Fair Market Value
$14.2M
Net Worth
$12.8M
Grants Paid
$811K
Contributions
$525K
Net Investment Income
$781K
Distribution Amount
$642K
Total: $12.5M
Total Grants
53
Total Giving
$5.3M
Average Grant
$100K
Median Grant
$50K
Unique Recipients
22
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Leukemia & Lymphoma SocietySUPPORT FOR RESEARCH AND TREATMENT | Rye Brook, NY | $333K | 2023 |
| Jacksonville Alliance For Kipp SchoCOLLEGE PREP SUPPORT FOR STUDENTS | Jacksonville, FL | $100K | 2023 |
| St John'S Presbyterian ChurchTO FUND OPERATIONS | Jacksonville, FL | $80K | 2023 |
| Cathedral Arts ProjectPROVIDE ACCESS TO ARTS FOR YOUTH | Jacksonville, FL | $75K | 2023 |
| United Way Of Ne FloridaTO FUND OPERATIONS | Jacksonville, FL | $60K |
OAKBROOK TER, IL
NAPLES, FL
SARATOGA SPGS, NY
BOULDER, CO
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2023 |
| The Baylor SchoolSCHOLARSHIPS | Chattanooga, TN | $50K | 2023 |
| Thrive ScholarsTO FUND OPERATIONS | Boston, MA | $50K | 2023 |
| Ymca Of Florida'S First CoastWINSTON FAMILY YMCA FUNDING | Jacksonville, FL | $43K | 2023 |
| Teach For America JacksonvilleTO FUND OPERATIONS | Jacksonville, FL | $10K | 2023 |
| The Donna Foundation IncTO FUND OPERATIONS | Jacksonville, FL | $5K | 2023 |
| Walloon Lake Trust & ConservancyPRESERVE & PROTECT LAKE & WATERSHED | Walloon Lake, MI | $5K | 2023 |
| Curesearch For Children'S CancerTO FUND OPERATIONS | Baltimore, MD | $333K | 2022 |
| Institute For Citizens & ScholarsTO FUND OPERATIONS | Philadelphia, PA | $100K | 2022 |
| Phi Delta Theta FoundationSCHOLARSHIPS | Oxford, OH | $70K | 2022 |
| Pga Tour First Tee Foundation IncTO FUND OPERATIONS | Ponte Vedra Beach, FL | $50K | 2022 |
| Guardian Catholic SchoolTO FUND OPERATIONS | Jacksonville, FL | $10K | 2022 |
| Segd Paws For PatriotsTO FUND OPERATIONS | Jacksonville, FL | $5K | 2022 |
| University Of Arkansas FoundationSUPPORT FOR THE CARE ENDOWMENT FUND | Fayetteville, AR | $400K | 2020 |
| Mclaren Northern Michigan FdtnTO FUND OPERATIONS | Petroskey, MI | $167K | 2020 |
| The Bolles SchoolSCHOLARSHIPS | Jacksonville, FL | $166K | 2020 |
| Fis CaresGRANTS FOR ESSENTIAL LIVING EXPENSES | Jacksonville, FL | $50K | 2020 |
| American Heart AssociationSUPPORT FOR RESEARCH & TREATMENT | Dallas, TX | $25K | 2020 |
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