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The Grossman Family Foundation is a private trust based in COS COB, CT. The foundation received its IRS ruling in 2010. It holds total assets of $142.5M. Annual income is reported at $61.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Grossman Family Foundation has made 4 grants totaling $15.8M, with a median grant of $3.9M. Annual giving has grown from $6.8M in 2020 to $9M in 2022. Individual grants have ranged from $1.2M to $6.8M, with an average award of $3.9M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
The Grossman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in PA.
The Grossman Family Foundation has distributed a total of $15.8M across 4 grants. The median grant size is $3.9M, with an average of $3.9M. Individual grants have ranged from $1.2M to $6.8M.
The Grossman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Grossman Family Foundation is headquartered in COS COB, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ethan Grossman | TRUSTEE | $49K | $0 | $49K |
| Carole Greenberg | TRUSTEE | $11K | $0 | $11K |
| Erica S Phillips | TRUSTEE | $9K | $0 | $9K |
| Judith C Meyers | TRUSTEE | $9K | $0 | $9K |
| Paul Napoli | TRUSTEE | $9K | $0 | $9K |
Total Giving
$9.7M
Total Assets
$146.3M
Fair Market Value
$159M
Net Worth
$146.3M
Grants Paid
$9M
Contributions
$0
Net Investment Income
$3.7M
Distribution Amount
$8.7M
Total: $124.5M
Total Grants
4
Total Giving
$15.8M
Average Grant
$3.9M
Median Grant
$3.9M
Unique Recipients
2
Most Common Grant
$1.2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Philantrophic TrustGENERAL | Jenkintown, PA | $5.8M | 2022 |
| National Philanthropic TrustGENERAL PURPOSE | Jenkintown, PA | $6.8M | 2020 |
| Leslie Grossman |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| Steven Grossman | TRUSTEE | $0 | $0 | $0 |
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