Grossman Family Foundation
- Assets
- $8.3m
- Revenue
- -$1.6k
- Investments
- $8.2m
- Employees
- 0
- Location
- Alamo, CA
- Founding
- 10/2011
- Data as of
- 12/2022
- EIN
- 27-4335813
Organization Overview
Grossman Family Foundation is located in Alamo, CA. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grossman Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Grossman Family Foundation has awarded 79 individual grants totaling $4,949,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Grossman President | 1 | $0 | |
Elizabeth Brady Grossman Co-Secretary | 1 | $0 | |
Shawn Young Cfo/co-Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,301 |
| Interest on Savings | $0 |
| Dividends & Interest | $76,424 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$79,285 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,560 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,301 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,469 |
| Total operating and administrative expenses | $14,180 |
| Contributions, gifts, grants paid | $1,165,000 |
| Total expenses and disbursements | $1,179,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $346 |
| Savings and temporary cash investments | $123,423 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,629,346 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,297,230 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Grossman Family Foundation has awarded $1,165,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PLANNED PARENTHOOD MAR MONTE PURPOSE: HEALTH EDUCATION FOR FAMILIES | $25,000 |
NATIONAL NETWORK OF ABORTION FUNDS PURPOSE: FINANCIAL AND LOGISTICAL ASSISTANCE FOR ABORTION ACCESS | $50,000 |
SACRED HEART SCHOOLS ATHERTON PURPOSE: EDUCATION FOR STUDENTS | $150,000 |
UCSF FOUNDATION PURPOSE: ENHANCEMENT OF THE UCSF CAMPUS AND SCHOOLS | $250,000 |
CHILD MIND INSTITUTE PURPOSE: ASSISTANCE TO CHILDREN AND FAMILIES WITH MENTAL HEALTH AND LEARNING DISORDERS | $20,000 |
SYRACUSE UNIVERSITY PURPOSE: EDUCATION, RESEARCH, AND PUBLIC ENGAGEMENT | $200,000 |