THE GRIFFISS INSTITUTE AIMS TO DEVELOP THE NEXT GENERATION OF STEM TALENT AND DEFENSE TECHNOLOGIES THAT WILL STRENGTHEN U.S. NATIONAL SECURITY AND CREATE ECONOMIC OPPORTUNITY FOR OUR REGION, STATE AND NATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
-12.6% YoY
Annual Giving
$591K
-17.7% YoY
Grant Count
8
-20.0% YoY
Avg Grant Size
$74K
+2.8% YoY
About Griffiss Institute Inc
Based on IRS filings
Griffiss Institute Inc is a nonprofit organization focused on Science & Technology, based in ROME, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 8 grants totaling $591K. Net investment income was $13K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,977,527 | $7,986,473 | $7,136,257 |
| Revenue | $27,891,903 | $34,861,198 | $16,897,734 |
| Expenses | $27,986,519 | $34,924,604 | $16,716,597 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $12,530 | $9,670 | — |
| 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 8 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Open Grants
2 open opportunities from Griffiss Institute Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Drone City Llc ($280,000), Artificial Brain Tech Inc ($107,500), Archangel Response ($105,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DRONE CITY LLC | FY24 HUSTLE | $280,000 |
| UTAH STEM FOUNDATION | HIL STEM GRANT | $15,000 |
| ARCHANGEL RESPONSE | WOMEN INVESTING IN WOMEN GRANTS | $105,000 |
| ARONETICS | EMERGING PRE-SPEED, EARLY COMPANIES DEFENSE TECH COMMERCIALIZATION | $7,500 |
| MARHOLD SPACE SYSTEMS | EMERGING PRE-SPEED, EARLY COMPANIES DEFENSE TECH COMMERCIALIZATION | $32,500 |
| TRIARII AI LLC SEAN SMITH | EMERGING PRE-SPEED, EARLY COMPANIES DEFENSE TECH COMMERCIALIZATION | $32,500 |
| UGIFT529 | FY24 RI STEM CHALLENGE COMPETITION | $10,750 |
| ARTIFICIAL BRAIN TECH INC | 2024 HUSTLE | $107,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM R GRAY | VICE CHAIR | 1 | — |
| STEVEN DIMEO | DIRECTOR | 1 | — |
| PATRICIA BASKINGER | CHAIRPERSON | 1 | — |
| PETER BAILDON | DIRECTOR | 1 | — |
| CHARLES GREEN | DIRECTOR | 1 | — |
| WILLIAM VANSHUFFLIN | DIRECTOR | 1 | — |
| MARK GASTIN | TREASURER | 1 | — |
| TIM BUTCHER | DIRECTOR | 1 | — |
| LAUREL MCADOO | DIRECTOR | 1 | — |
| DR RICHARD JOSEPH | DIRECTOR | 1 | — |
| HEATHER HAGE | CURRENT PRESIDENT & CEO | 40 | $287,608 |
| SETH MULLIGAN | CHIEF OPERATIONS OFFICER | 40 | $174,063 |
| DEAN KORSAK | GENERAL COUNSEL AND CORPORATE SECRETARY | 40 | $100,763 |
| DAVID SEMADENI | CHIEF FINANCIAL OFFICER | 20 | — |
| TRACY DIMEO | ASSISTANT SECRETARY AND EXECUTIVE OFFICE MANAGER | 40 | $71,304 |
| MICHAEL FENG | SENIOR DIRECTOR OF INNOVATION AND PARTNERSHIPS | 40 | $168,593 |
| TODD HUMISTON | CHIEF TALENT OFFICER | 40 | $164,526 |
| BRIAN ABBE | INNOVATION AND PARTNERSHIP SUBJECT MATTER | 40 | $148,758 |
| BRIAN MARSHALL | DIRECTOR OF IT | 40 | $104,496 |
| MELISSA TALLMAN | CHIEF BRAND OFFICER | 40 | $128,606 |
| KATE KOGGE | STEM EDUCATION SPECIALIST | 40 | $111,387 |
| SVEA ANDERSON | STEM EDUCATION SPECIALIST | 40 | $120,607 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Griffiss Institute Inc?
Griffiss Institute Inc is a nonprofit organization focused on Science & Technology, based in ROME, NY. It holds $7.0M in total assets as of 2024.
How large is Griffiss Institute Inc?
As of 2024, Griffiss Institute Inc holds $7.0M in total assets with $27.9M in annual revenue. It awarded 8 grants totaling $591K in 2024.
What size grants does Griffiss Institute Inc award?
In 2024, Griffiss Institute Inc awarded 8 grants totaling $591K — an average of about $74K per grant, based on its IRS Form 990 filings.
What is Griffiss Institute Inc's EIN?
Griffiss Institute Inc's EIN (Employer Identification Number) is 03-0500249. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Griffiss Institute Inc'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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