Gorman Foundation Charitable Trust is a private foundation focused on Education, based in ASPEN, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $192K in total assets. In 2024, it awarded 19 grants totaling $16K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$192K
+13.5% YoY
Annual Giving
$16K
+95.0% YoY
Grant Count
19
-24.0% YoY
Avg Grant Size
$821.053
+156.6% YoY
Under IRS private-foundation payout rules, Gorman Foundation Charitable Trust reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Gorman Foundation Charitable Trust
Based on IRS filings
Gorman Foundation Charitable Trust is a private foundation focused on Education, based in ASPEN, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $192K in total assets. In 2024, it awarded 19 grants totaling $16K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $191,873 | $168,991 | $142,177 |
| Revenue | $2,464 | $2,511 | $2,338 |
| Expenses | $15,649 | $8,047 | $8,644 |
| Qualifying Distributions | $15,600 | $8,000 | $8,600 |
| Net Investment Income | $2,415 | $2,464 | $2,294 |
| Distributable Amount | $8,712 | $7,527 | $8,315 |
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
135 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Christ Episcopal Church Aspen ($11,000), Mercy Health Foundation ($500), Christ Church Winnetka ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| Roaring Fork Outdoor Volunteers Basalt, CO | Maintain Ecological Health | $250 |
| Aspen Community Foundation Basalt, CO | Charitable | $250 |
| Aspen Historical Society Aspen, CO | Charitable | $250 |
| ACES Aspen, CO | Charitable | $100 |
| University of Denver Denver, CO | Charitable | $250 |
| Mercy Health Foundation Baltimore, MD | Charitable | $500 |
| The Blake Schools Hopkins, MN | General Education Fund | $250 |
| Roaring Fork Conservancy Basalt, CO | Water Conservation | $250 |
| Aspen Journalism Aspen, CO | Support Local Journalism | $250 |
| Illinois Wesleyan University Bloomington, IL | General Education Fund | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas G Gorman | Trustee | 1 | — |
| Lindsay C Gorman | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gorman Foundation Charitable Trust?
Gorman Foundation Charitable Trust is a private foundation focused on Education, based in ASPEN, CO. It holds $192K in total assets as of 2024.
How large is Gorman Foundation Charitable Trust?
As of 2024, Gorman Foundation Charitable Trust holds $192K in total assets with $2K in annual revenue. It awarded 19 grants totaling $16K in 2024.
Where does Gorman Foundation Charitable Trust operate?
Gorman Foundation Charitable Trust has awarded grants in Colorado, Connecticut, District of Columbia, Illinois, Maryland, Minnesota, Texas.
What size grants does Gorman Foundation Charitable Trust award?
In 2024, Gorman Foundation Charitable Trust awarded 19 grants totaling $16K — an average of about $821.053 per grant, based on its IRS Form 990 filings.
How much is Gorman Foundation Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gorman Foundation Charitable Trust reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gorman Foundation Charitable Trust's EIN?
Gorman Foundation Charitable Trust's EIN (Employer Identification Number) is 36-3487570. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gorman Foundation Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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