Ganassi Foundation
Ganassi Foundation is a private foundation, based in Champion, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 9 grants totaling $65K. Net investment income was $106K.
Ganassi Foundation at a glance
In short: Ganassi Foundation gave $65K across 9 grants in 2025 (avg $7K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $65,000
- +18.2% vs 2024
- Grants made (2025)
- 9
- +28.6% vs 2024
- Average grant
- $7,222
- -8.1% vs 2024
- Median grant
- $5,000
- Total assets
- $1,571,717
- +14.1% vs 2024
- Primary geography
- Pennsylvania (62% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Ganassi Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Duquesne University ($20K). Together the top 9 received $65K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 46 grants of 46 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
How Ganassi Foundation gives
- Giving held roughly steady from 2022 to 2025 (+5%). Method
- In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $51K (2020) to $65K (2025). In 2025 it made 9 grants totaling $65K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Duquesne University Pittsburgh, PA | Endowed Scholarship | $20,000 |
| Allegheny Health Network Pittsburgh, PA | Trauma Research | $10,000 |
| Mayo Clinic Rochester, MN | Model of Care | $5,000 |
| Pittsburgh History & Landmarks Foun Pittsburgh, PA | Memorium Added to Corpus of FD | $5,000 |
| Variety - the Childrens Charity Wexford, PA | Purchase Equipment for Programs | $5,000 |
| Indianapolis Motor Speedway Museum Indianapolis, IN | Museum Renovations | $5,000 |
| Motorsports Hall of Fame of America Daytona Beach, FL | Enhancement of Spark Program | $5,000 |
| Musical Instrument Museum Phoeniz, AZ | Educational Programs | $5,000 |
| Petersen Automotive Museum Los Angeles, CA | Educational Program | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,571,717 | $107,896 | $68,041 | $65,000 | 9 | $65,000 | $106,039 | $70,736 |
| 2024 | $1,377,279 | $104,693 | $58,176 | $55,000 | 7 | $55,000 | $59,801 | $63,939 |
| 2023 | $1,127,957 | $25,436 | $58,602 | $54,000 | 14 | $54,000 | $44,450 | $54,445 |
| 2022 | $1,068,754 | $100,818 | $65,133 | $62,000 | 6 | $62,000 | $98,959 | $53,831 |
| 2021 | $1,269,843 | $48,246 | $55,736 | $53,000 | 10 | — | $44,336 | $61,983 |
| 2020 | $1,137,552 | $58,638 | $54,005 | $51,000 | 13 | — | $56,161 | $50,964 |
Under IRS private-foundation payout rules, Ganassi Foundation reported a distributable amount of $71K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ganassi Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Annette D. Ganassi
Trustee
President → Trustee, 2021
On filings since 2020
No compensation reported
Floyd R. Ganassi Jr.
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Ganassi Foundation
How much does Ganassi Foundation give each year?
Ganassi Foundation gave $65K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $55K across 7 grants.
What is Ganassi Foundation's typical grant size?
Ganassi Foundation's median grant in 2025 was $5,000, and its average grant was $7,222, across 9 grants on its 2025 IRS Form 990-PF.
Where does Ganassi Foundation give grants?
Ganassi Foundation gives mostly in Pennsylvania: 62% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Minnesota (8%) and Indiana (8%). The most frequent recipient cities were Pittsburgh, PA (3 grants).
Does Ganassi Foundation give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Ganassi Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Ganassi Foundation's largest grantees?
Ganassi Foundation's largest 2025 grantees include Duquesne University ($20,000), Allegheny Health Network ($10,000) and Mayo Clinic ($5,000), according to its 2025 IRS Form 990-PF. Together they received 54% of its itemized 2025 grant dollars.
How large is Ganassi Foundation?
Ganassi Foundation reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $71K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Ganassi Foundation's EIN?
Ganassi Foundation's EIN (Employer Identification Number) is 25-1591687. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 30, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 20, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
- IRS filings on file for fiscal years 2020–2025
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