//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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 is governed by 7 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 2020 to 2024. Grantmaking is concentrated in Pennsylvania. 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.
Smallest Grant
$847K
Median Grant
$1.9M
Average Grant
$2.5M
Largest Grant
$4.8M
Based on 3 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.
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 |
| Leslie Grossman | TRUSTEE | $0 | $0 | N/A |
| Steven Grossman | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$142.5M
Fair Market Value
N/A
Net Worth
$142.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |