Gruber Foundation
- Assets
- $222.5m
- Revenue
- $5.4m
- Investments
- $147.3m
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 06/2011
- Data as of
- 06/2021
- EIN
- 45-1540594
Organization Overview
Gruber Foundation is located in New Haven, CT. The organization was established in 2011. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gruber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Gruber Foundation generated $5.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $5.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gruber Foundation has awarded 43 individual grants totaling $35,144,999. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HONOR AND ADVANCE SCIENTIFIC RESEARCH, SUPPORT SCIENTIFIC SCHOLARSHIP, AND FURTHER GLOBAL JUSTICE AND WOMEN'S RIGHTS.
Describe the Organization's Program Activity:
THE GRUBER FOUNDATION ("THE FOUNDATION") SUPPORTS THREE MAJOR INITIATIVES: THE GRUBER INTERNATIONAL PRIZE PROGRAM, THE GRUBER PROGRAM FOR GLOBAL JUSTICE AND WOMEN'S RIGHTS, AND THE GRUBER SCIENCE FELLOWSHIP PROGRAM. THE GRUBER INTERNATIONAL PRIZE PROGRAM, WHICH AWARDED $1,000,000 IN PRIZES DURING THE YEAR, RECOGNIZES EXCELLENCE IN THE FIELDS OF COSMOLOGY, GENETICS, AND NEUROSCIENCE. THE GRUBER PROGRAM FOR GLOBAL JUSTICE AND WOMEN'S RIGHTS IS A YALE UNIVERSITY PROGRAM CONSISTING OF FOUR CORE COMPONENTS: 1) THE GLOBAL CONSTITUTIONALISM SEMINAR, 2) THE GRUBER DISTINGUISHED GLOBAL JUSTICE AND WOMEN'S RIGHTS LECTURES, 3) THE GRUBER GLOBAL JUSTICE AND WOMEN'S RIGHTS FELLOWSHIPS, AND 4) THE GRUBER PROJECT FOR GLOBAL JUSTICE AND WOMEN'S RIGHTS WHICH PROVIDES CLINICAL AND EXPERIENTIAL LEARNING INITIATIVES AT YALE LAW SCHOOL THAT ARE CONSISTENT WITH THE PRINCIPLES AND IDEALS OF THE PROGRAM. THE GRUBER SCIENCE FELLOWSHIP PROGRAM PROVIDES ANNUAL FELLOWSHIPS TO YALE UNIVERSITY GRADUATE STUDENTS STUDYING AND CONDUCTING RESEARCH IN THE BASIC LIFE SCIENCES, AS WELL AS IN COSMOLOGY AND ASTROPHYSICS. THE FOUNDATION PROVIDED GRANTS OF $3,700,000 TO YALE UNIVERSITY OF WHICH $1,200,000 SUPPORTED THE GRUBER PROGRAM FOR GLOBAL JUSTICE AND WOMEN'S RIGHTS AND $2,500,000 SUPPORTED THE GRUBER SCIENCE FELLOWSHIP PROGRAM. IN ADDITION, $265,000 OF FELLOWSHIPS AND OTHER GRANTS WERE PAID DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former President And Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $5,385,837 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,387,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,223,333 |
| Grants and other assistance to domestic individuals. | $250,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $491,667 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $320,365 |
| Advertising and promotion | $5,313 |
| Office expenses | $6,445 |
| Information technology | $2,658 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,316,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,894 |
| Savings and temporary cash investments | $1,841,823 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $189,682 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $147,275,315 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $73,204,122 |
| Total assets | $222,542,836 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $222,542,836 |
| Total liabilities and net assets/fund balances | $222,542,836 |
Grants Awarded
Over the last fiscal year, Gruber Foundation has awarded $4,223,333 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
New Haven, CT PURPOSE: The Gruber Foundation provides grants to Yale University in support of the Gruber Science Fellowship Program and the Gruber Program for Global Justice and Women's Rights. | $3,700,000 |
Berkeley, CA PURPOSE: Prize for outstanding accomplishments in the field of Neuroscience | $166,667 |
Redwood City, CA PURPOSE: Prize for outstanding accomplishments in the field of Neuroscience | $166,666 |
Rockville, MD PURPOSE: The Rosalind Franklin Young Investigator Award - Fellowship | $125,000 |
Washington, DC PURPOSE: Society for Neuroscience International Research Award - Fellowship | $50,000 |
Washington, DC PURPOSE: Contribution | $15,000 |
Endowment Analysis
| Beg. Balance | $111,506,490 |
| Earnings | $42,996,485 |
| Admin Expense | $158,184 |
| Other Expense | $1,262,653 |
| Grants | $3,965,000 |
| Ending Balance | $149,117,138 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hunter College Foundation Inc New York, NY | $144,509,988 | $37,248,838 |
The American Friends Of Winchester College New York, NY | $259,900 | $15,435,931 |
Friends Of@ascend Charter Schools Inc Brooklyn, NY | $51,013,536 | $16,135,870 |
Equitable Facilities Fund Inc New York, NY | $843,754,758 | $34,535,002 |
Dudley Square Realty Corporation Boston, MA | $98,074,702 | $123 |
Auxiliary Campus Enterprises And Services State University College Alfred, NY | $11,814,689 | $16,740,654 |
College Of Staten Island Auxiliary Services Corp Inc Staten Island, NY | $62,695,629 | $9,780,570 |
American Friends Of The National Gallery London Inc New York, NY | $305,852,204 | $2,300,126 |
Auxiliary Services Corporation Of Suny Cortland Cortland, NY | $19,099,097 | $10,450,642 |
The Roosevelt Institute New York, NY | $39,947,474 | $14,561,739 |
Empire Commons Student Housing Inc Albany, NY | $47,889,992 | $16,000,956 |
Prep For Prep New York, NY | $67,702,952 | $11,458,262 |