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Also known as: CO Quantitative Financial Strategies
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Sanford J Grossman Charitable Trust is a private trust based in ASPEN, CO. The foundation received its IRS ruling in 2003. The principal officer is Quantitative Financial Strategies. It holds total assets of $8M. Annual income is reported at $1.4M. Total assets have grown from $3.8M in 2011 to $8.7M in 2023. The foundation is governed by 1 officer or trustee. 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 New York and Illinois. According to available records, Sanford J Grossman Charitable Trust has made 21 grants totaling $6.5M, with a median grant of $125K. Annual giving has grown from $1.5M in 2021 to $5M in 2022. Individual grants have ranged from $500 to $1M, with an average award of $308K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New York and Illinois and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$125K
Average Grant
$311K
Largest Grant
$1M
Based on 8 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.
Sanford J Grossman Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NY, IL, CO.
Sanford J Grossman Charitable Trust has distributed a total of $6.5M across 21 grants. The median grant size is $125K, with an average of $308K. Individual grants have ranged from $500 to $1M.
Sanford J Grossman Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Sanford J Grossman Charitable Trust is headquartered in ASPEN, CO. While based in CO, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sanford J Grossman | Trustee | $0 | $0 | N/A |
Total Giving
$1.4M
Total Assets
$8.7M
Fair Market Value
$8.7M
Net Worth
$8.7M
Grants Paid
$1.1M
Contributions
N/A
Net Investment Income
$383K
Distribution Amount
$436K
Total: $8.7M
Total Grants
21
Total Giving
$6.5M
Average Grant
$308K
Median Grant
$125K
Unique Recipients
6
Most Common Grant
$125K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityGeneral Unrestricted | New York, NY | $1M | 2022 |
| Mt Sinai Health SystemGeneral Unrestricted | New York, NY | $181K | 2022 |
| University Of ChicagoGeneral Unrestricted | Chicago, IL | $125K | 2022 |
| Commentary MagazineGeneral Unrestricted | New York, NY | $500 | 2022 |
| National Jewish HealthGeneral Unrestricted | Denver, CO | $50K | 2021 |
| Chamber Music Society Of Lincoln CeGeneral Unrestricted | New York, NY | $5K | 2021 |