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Raymond V And Gladys H Gilmartin Foundation Inc. is a private corporation based in HOBE SOUND, FL. The foundation received its IRS ruling in 1997. The principal officer is Raymond V Gilmartin. It holds total assets of $1.2M. Annual income is reported at $749K. Total assets have grown from $504K in 2011 to $707K in 2023. The foundation is governed by 5 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 2016 to 2023. The foundation primarily funds organizations in California, New York and Pennsylvania. According to available records, Raymond V And Gladys H Gilmartin Foundation Inc. has made 16 grants totaling $328K, with a median grant of $20K. Annual giving has grown from $81K in 2020 to $170K in 2022. Individual grants have ranged from $12K to $30K, with an average award of $21K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in California and Pennsylvania and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$20K
Average Grant
$21K
Largest Grant
$30K
Based on 4 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.
Raymond V And Gladys H Gilmartin Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA, PA, NY.
Raymond V And Gladys H Gilmartin Foundation Inc. has distributed a total of $328K across 16 grants. The median grant size is $20K, with an average of $21K. Individual grants have ranged from $12K to $30K.
Raymond V And Gladys H Gilmartin Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Raymond V And Gladys H Gilmartin Foundation Inc. is headquartered in HOBE SOUND, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sara Gilmartin | Trustee | $0 | $0 | N/A |
| Raymond V Gilmartin | Trustee | $0 | $0 | N/A |
| John Gilmartin | Trustee | $0 | $0 | N/A |
| Gladys H Gilmartin | Trustee | $0 | $0 | N/A |
| Beth Gilmartin | Trustee | $0 | $0 | N/A |
Total Giving
$93K
Total Assets
$707K
Fair Market Value
$1.7M
Net Worth
$707K
Grants Paid
$82K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$82K
Total: $678K
Total Grants
16
Total Giving
$328K
Average Grant
$21K
Median Grant
$20K
Unique Recipients
6
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alex'S Lemonade Stand FdnDonation | Wynnewood, PA | $30K | 2022 |
| Friends Of The Children New YorkDonation | New York, NY | $25K | 2022 |
| Eastside College Prep SchoolDonation | East Palo Alto, CA | $15K | 2022 |
| 2nd Harvest Of Silicon ValleyDonation | San Jose, CA | $15K | 2022 |
| Alex'S Lemonade StandDonation | Bala Cynwyd, PA | $25K | 2021 |
| Eastside College Preparatory SchoolDonation | East Palo Alto, CA | $15K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL