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Tombros Foundation is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 2001. The principal officer is Goldman Sachs Ayco. It holds total assets of $7.6M. Annual income is reported at $2.8M. Total assets have decreased from $10.8M in 2011 to $7.8M in 2023. The foundation is governed by 4 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, Tombros Foundation has made 20 grants totaling $2.5M, with a median grant of $16K. Annual giving has grown from $854K in 2020 to $1.1M in 2022. Individual grants have ranged from $3K to $854K, with an average award of $126K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, Connecticut, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt
Under internal revenue code section 501(c)(3).
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NY, PA, CT.
Tombros Foundation has distributed a total of $2.5M across 20 grants. The median grant size is $16K, with an average of $126K. Individual grants have ranged from $3K to $854K.
Tombros Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tombros Foundation is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter G Tombros | Director | $54K | $0 | $54K |
| Ann C Tombros | Director | $54K | $0 | $54K |
| Rodney P Kirsch | Director | $4K | $0 | $4K |
| John Novogrod | Director | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$7.8M
Fair Market Value
$8.1M
Net Worth
$7.8M
Grants Paid
$932K
Contributions
N/A
Net Investment Income
$245K
Distribution Amount
$384K
Total: $3.3M
Total Grants
20
Total Giving
$2.5M
Average Grant
$126K
Median Grant
$16K
Unique Recipients
10
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Penn State UniversityGeneral Charitable Purposes | State College, PA | $415K | 2022 |
| Penn State Dance MarathonGeneral Charitable Purposes | University Park, PA | $26K | 2022 |
| Greens Ledge Light Preservation Society IncGeneral Charitable Purposes | Rowayton, CT | $25K | 2022 |
| Bridge To A CureGeneral Charitable Purposes | Fort Myers, FL | $22K | 2022 |
| Stamford Ems IncGeneral Charitable Purposes | Stamford, TX | $10K | 2022 |
| Hospital For Special SurgeryGeneral Charitable Purposes | New York, NY | $10K | 2022 |
| Nittany Lion Wrestling ClubGeneral Charitable Purposes | State College, PA | $10K | 2022 |
| Special Olympics PennsylvaniaGeneral Charitable Purposes | Norristown, PA | $7K | 2022 |
| Discovery Space Of Central Pennsylvania IncGeneral Charitable Purposes | State College, PA | $3K | 2022 |
| See Attached ListGeneral Charitable Purposes | Albany, NY | $604K | 2021 |