Gerald & Paul Damour Founders Schlrshps for Acdmc Excll Char Tr
The Gerald & Paul Damour Founders Scholarships for Academic Excellence Charitable Trust is a private foundation based in Springfield, Massachusetts. The organization has been tax-exempt since September 1994 and operates as a 501(c)(3) organization. It is designated as a private independent foundation focused on scholarship and educational support.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.6M
-2.8% YoY
Annual Giving
$294K
+0.7% YoY
Grant Count
376
-2.3% YoY
Avg Grant Size
$781
+3.1% YoY
Mission & Focus Areas
The foundation's primary focus is on philanthropy and voluntarism, with a specific emphasis on academic excellence through scholarship programs. The organization concentrates its grantmaking efforts on educational initiatives and charitable causes.
Grantmaking
The foundation distributes grants with typical award sizes ranging from $500 to $2,000. Recent annual giving totals approximately $279,578 to $281,000. The foundation maintains an active grantmaking program, though specific application procedures are not detailed in available sources.
Ready to take the next step with Gerald & Paul Damour Founders Schlrshps for Acdmc Excll Char Tr?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Connecticut, Massachusetts, and New Hampshire, with a particular concentration in the Springfield, Massachusetts area where it is based.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $2,622,764 (as of 2025)
Total Giving: $279,578 (most recent fiscal year)
Annual Revenue: $205,000 (2025)
Annual Expenses: $281,000 (2025)
Total Liabilities: $0 (2025)
The foundation maintains a healthy financial position with no outstanding liabilities and consistent annual giving activity relative to its asset base.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,622,764 | $2,699,670 | $2,847,079 |
| Revenue | $204,514 | $119,855 | $146,044 |
| Expenses | $281,419 | $267,265 | $291,716 |
| Qualifying Distributions | $279,578 | $265,052 | $290,078 |
| Net Investment Income | $202,673 | $117,642 | $144,375 |
| 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 2025
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles L DAmour | Trustee | — | — |
| Michael P DAmour | Trustee | — | — |
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Gerald & Paul Damour Founders Schlrshps for Acdmc Excll Char Tr on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities