Galvan Foundation Charitable Trust
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.1M
-74.8% YoY
Grant Count
37
+23.3% YoY
Avg Grant Size
$29K
-79.6% YoY
Mission & Focus Areas
The foundation's activities are dedicated to supporting charitable organizations operating in the vicinity of Hudson, NY, and consist solely of making grants to other charitable organizations. The foundation supports a range of charitable purposes including education, human services, and philanthropy/voluntarism.
Grantmaking
The foundation makes grants to preselected charitable organizations and does not accept unsolicited applications. Recent grantees have included Lambda Legal ($200,000), DownCity Design ($100,000), Open New York Education ($100,000), and Perfect Ten After School Inc. Grant sizes have ranged from $1,000 to $2,600,000, with a median grant amount of $15,000. The foundation made seven grants in 2024 and has made approximately 91 grants totaling $10.9 million according to available records.
Grant Range
s have ranged from $1,000 to $2,600,000, with a median grant amount of $15,000. The foundation made seven grants in 2024 and has made approximately 91 grants totaling $10.9 million according to available records.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, with additional grantmaking activity in Georgia and Iowa. Funding has been documented in multiple cities including Albany, Boston, Brooklyn, Miami Beach, Rockford, and Savannah.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total Assets: $20,676
- Total Revenue: $1,063,929
- Total Expenses: $2,358,604
- Total Liabilities: $3,830,000
Historical Context: Total assets have decreased significantly from $102,000 in 2013 to $20,676 in 2024. The foundation's expenses consistently exceed its annual revenue, with annual giving exceeding 100% of assets.
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
91 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
T Eric Galloway serves as the principal officer and President of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC GALLOWAY | PRESIDENT | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has announced grant awards supporting various initiatives. Recent grants have supported housing initiatives, community organizing efforts, and cultural programming. A notable $6 million gift was proposed for housing purposes in Savannah.
GALVAN FOUNDATION ANNOUNCES GRANT AWARDS - CMH FoundationSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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