Frank M and Olive F Gilman Foundation
Frank M and Olive F Gilman Foundation is a private foundation focused on Education, based in West Lebanon, NH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $33.8M in total assets. In 2025, it awarded 2 grants totaling $2.1M. Net investment income was $3.5M.
Key facts about Frank M and Olive F Gilman Foundation
In short: Frank M and Olive F Gilman Foundation gave $2.1M across 2 grants in 2025 (avg $1.1M), mostly in Vermont. Source: 2025 IRS Form 990-PF.
- EIN
- 03-0330527
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $2,139,200
- Grants made (2025)
- 2
- Average grant
- $1,069,600
- Median grant
- $1,069,600
- Total assets
- $33,786,135
- Primary geography
- Vermont (63% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$33.8M
+4.0% YoY
Annual Giving
$2.1M
+4.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1.1M
+4.5% YoY
Under IRS private-foundation payout rules, Frank M and Olive F Gilman Foundation reported a distributable amount of $1.9M for 2025 — the minimum it must pay out in qualifying distributions.
How Frank M and Olive F Gilman Foundation gives
- Giving held roughly steady from 2022 to 2025 (+5%). Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Frank M and Olive F Gilman Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $2.0M (2019) to $2.1M (2025). In 2025 it made 2 grants totaling $2.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Vermont Student Asst Corp ($1.4M). Together the top 2 received $2.1M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 10 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vermont Student Asst Corp Winooski, VT | Educational Assistance | $1,350,000 |
| New Hampshire Charitable Foundation Concord, NH | Educational Assistance | $789,200 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $33,786,135 | $32,479,859 | $32,303,650 |
| Revenue | $3,771,650 | $2,519,239 | $1,458,468 |
| Expenses | $2,465,374 | $2,343,030 | $2,315,825 |
| Qualifying Distributions | $2,141,639 | $2,049,318 | $2,039,359 |
| Net Investment Income | $3,491,833 | $2,235,710 | $1,182,246 |
| Distributable Amount | $1,909,530 | $1,849,569 | $1,776,263 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 1, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Frank M and Olive F Gilman Foundation is led by Joseph Jones, President since 2023 (on filings since 2019); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joseph Jones
President
Vice President → President, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Brenda Jones
Treasurer
On filings since 2019
0.3 hrs/week
No compensation reported
Elizabeth Jones
Secretary
On filings since 2019
0.3 hrs/week
No compensation reported
Reginald Jones
Past President
President → Past President, 2023
On filings since 2019
0.3 hrs/week
No compensation reported
Andrew Jones
Vice President
On filings since 2023
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Frank M and Olive F Gilman Foundation
How much does Frank M and Olive F Gilman Foundation give each year?
Frank M and Olive F Gilman Foundation gave $2.1M across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.0M across 2 grants.
How large is Frank M and Olive F Gilman Foundation?
Frank M and Olive F Gilman Foundation reported $33.8M in total assets on its 2025 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets).
What is Frank M and Olive F Gilman Foundation?
Frank M and Olive F Gilman Foundation is a private foundation focused on Education, based in West Lebanon, NH. It holds $33.8M in total assets as of 2025.
Where does Frank M and Olive F Gilman Foundation operate?
Frank M and Olive F Gilman Foundation has awarded grants in New Hampshire, Vermont.
What is Frank M and Olive F Gilman Foundation's EIN?
Frank M and Olive F Gilman Foundation's EIN (Employer Identification Number) is 03-0330527. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Frank M and Olive F Gilman Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Frank M and Olive F Gilman Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Hampshire
Henry C Lord Scholarship FD
Johnston, RI
Assets
$10.8M
Grants
1
Total Given
$614K
Community Foundation for Palm Beach and Martin Counties Inc
West Palm Beach, FL
The Foundation funds nonprofits working in Palm Beach and Martin Counties, or projects that directly benefit residents there, with priorities including capacity building, economic opportunity, education and youth, thriving communities, and crisis response. Its 2024 grants had a median of $30,000, though awards ranged widely, and it accepts unsolicited requests through a competitive process that begins with a Letter of Inquiry.
Assets
$293.4M
Grants
421
Total Given
$26.5M
The R D La Penta Medical Scholarship Trust
Johnston, RI
Assets
$7.5M
Grants
1
Total Given
$348K
The Topfield Foundation Inc
Cold Spring, NY
The Topfield Foundation’s recent grants supported organizations in areas including community work, public trails, and reproductive health, though it reports no formal funding priorities. Its 2025 grants ranged from $1,000 to $2,500 and went to recipients in New York and New Jersey; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$1K
Grants
3
Total Given
$5K
Lovett-Woodsum Foundation Inc
Boston, MA
The foundation supports a range of charitable organizations, including those in education and career development, the arts, animal welfare, family support, conservation, and ecology. Its 2024 grants had a median of $8,000 and ranged from $7 to $400,000; most funding went to Massachusetts, followed by New Hampshire. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$87.6M
Grants
85
Total Given
$1.9M
Scholarship America Inc
Minneapolis, MN
Scholarship America supports scholarships and academic services that help students pursue postsecondary education, primarily through local Dollars for Scholars affiliates. Its 2024 grants ranged from $5,545 to $168,687, with a median of $28,500, and went chiefly to recipients in Minnesota, New Hampshire, Indiana, Washington, and Iowa. The profile does not state whether it accepts unsolicited requests.
Assets
$277.3M
Grants
17
Total Given
$681K
The Arthur M Blank Family Foundation
Atlanta, GA
The Arthur M. Blank Family Foundation funds work in Atlanta’s Westside, democracy, the environment, mental health and well-being, youth development, and founder initiatives, with a focus on Georgia and Montana and some national impact. In 2024, grants ranged from $500 to $20 million, with a median of $50,000. It makes grants by invitation and does not accept unsolicited requests.
Assets
$466.3M
Grants
586
Total Given
$212.1M
California Healthcare Foundation
Oakland, CA
CHCF funds projects that improve California’s health care system, especially for people with low incomes and communities facing barriers to care; it also invests in health care companies through its Innovation Fund. In 2025, grants ranged from $5,200 to $4.1 million, with a median of $50,000. It focuses on California and accepts unsolicited requests by letter of inquiry.
Assets
$765.4M
Grants
321
Total Given
$39.7M
The Skillman Foundation
Detroit, MI
The Skillman Foundation funds Detroit organizations working on education systems change, youth development, and community services that support Detroit youth. Its 2024 grants had a median of $10,000 and ranged from $50 to $500,000; it generally proactively invites partnership applications, though it welcomes connections from organizations and currently accepts applications to its $2,500–$10,000 President’s Discretionary Fund.
Assets
$418.5M
Grants
416
Total Given
$17.8M
Arizona Community Foundation
Phoenix, AZ
The Arizona Community Foundation funds eligible nonprofits and community-serving organizations across arts and culture, education, community development, health and human services, the environment, and other areas, primarily in Arizona and sometimes nationally. Its 2025 median grant was $17,760; it accepts competitive applications during grant cycles, while donor-advised grants cannot be applied for.
Assets
$1.2B
Grants
1,174
Total Given
$92.9M
Upper Connecticut Valley Hospital
Colebrook, NH
Upper Connecticut Valley Hospital strives to improve the well-being of the rural communities it serves by promoting health and assuring access to quality care.
Assets
$45.9M
Grants
2
Total Given
$158K
New Hampshire Charitable Foundation
Concord, NH
The New Hampshire Charitable Foundation funds nonprofits and students, with grants supporting areas such as health, education, housing, the environment, arts, and economic security, primarily benefiting New Hampshire communities. Its 2024 median itemized grant was $25,000, and its Responsive Grants program offers eligible nonprofits up to $10,000; the profile does not state whether it accepts unsolicited requests.
Assets
$1.2B
Grants
949
Total Given
$59.7M
More Funders in New Hampshire
Frank M and Olive F Gilman Foundation down — hundreds of funders to go?