Golay Foundation Inc
Golay Foundation Inc is a private foundation, based in CARMEL, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 4 grants totaling $260K. Net investment income was $128K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
-3.3% YoY
Annual Giving
$260K
-14.8% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$65K
+6.6% YoY
About Golay Foundation Inc
Based on IRS filings
Golay Foundation Inc is a private foundation, based in CARMEL, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 4 grants totaling $260K. Net investment income was $128K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,066,119 | $4,203,201 | $4,317,859 |
| Revenue | $183,918 | $247,056 | $161,342 |
| Expenses | $320,415 | $361,246 | $266,694 |
| Qualifying Distributions | $276,888 | $322,813 | $228,353 |
| Net Investment Income | $128,162 | $194,788 | $126,154 |
| Distributable Amount | $267,459 | $254,096 | $270,675 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
29 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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY JAROSINSKI | PRESIDENT/SECRETARY/TREASU | 5 | $12,000 |
| BETTY CRIM | VICE-PRESIDENT | 1 | — |
| JENNIFER ROBINSON | MEMBER | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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