Grossman Family Philanthropic

ARMONK, NY EIN: 20-5147463

Grossman Family Philanthropic is a private foundation based in Armonk, New York, established in 2006. The foundation operates as a 501(c)(3) charitable organization focused on supporting children and youth, particularly those from economically disadvantaged or low-income backgrounds.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.1M

+1.3% YoY

Annual Giving

$424K

+4.5% YoY

Grant Count

14

-30.0% YoY

Avg Grant Size

$30K

+49.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary focus areas include:

  • Children and youth
  • Economically disadvantaged populations
  • Low-income communities
  • Education
  • Human services

Grantmaking

The foundation is open to new applicants.

Grant Range

$500–$200,000

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Geographic Focus

Where this funder awards grants

The foundation funds initiatives across multiple U.S. locations, with primary focus in:

  • New York
  • Massachusetts
  • West Virginia
  • Additional funding in California, Georgia, Illinois, Maryland, Minnesota, New Jersey, Tennessee, and Texas

Grant Distribution by State

13states
+5 more states

Cities

ArmonkAtlantaBostonBrooklynCenter MorichesChappaquaChicagoDallasEast HamptonEast MeadowFairfieldFrankenmuthHartsdaleHighland ParkMedfordMemphisMillburnMt KiscoNew Hyde ParkNew York

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $12,080,925
  • Total revenues: $641,395
  • Total expenses: $465,249
  • Investment income and dividends: $657,534
  • Net gain from sale of non-inventory assets: -$16,139

Staffing:

  • Number of employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$5M20202021202220232024
Metric202420232022
Total Assets$12,080,925$11,926,425$11,821,719
Revenue$641,395$567,413$286,122
Expenses$465,249$445,546$521,995
Qualifying Distributions$425,130$409,640$437,328
Net Investment Income$630,122$545,922$260,611
Distributable Amount$490,268$498,415$473,763

Giving Over Time

Total grant dollars and number of grants per year

$0$146K$292K$437K$583K32 grants202028 grants202121 grants202220 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UJA FEDERATION OF NEW YORK$200KANTI-DEFAMATION LEAGUE$50KTHE HADERA DEVELOPMENT F…$33KCAMERA$25KSHRINERS HOSPITALS$25KST JUDE'S$25KWEIL CORNELL MEDICAL$25KTRUSTEES OF TUFTS COLLEGE$10KUS HOLOCAUST MEMORIAL$10KBYRAM HILLS EDUCATION$5K

Grant Size Distribution

115 grants across all recorded years

102<$50K9$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Ronald Grossman – Director and Chair
  • Marilynn P. Grossman – Director and Secretary
  • Bruce D. Grossman – Director and Vice Chair
  • Dianne M. Grossman – Director and Treasurer

All directors serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RONALD GROSSMANDIRECTOR/CHA8
MARILYNN P GROSSMANDIRECTOR/SEC1
BRUCE D GROSSMANDIRECTOR/VIC1
DIANNE M GROSSMANDIRECTOR/TRE1

Recent News & Activity

Recent developments and announcements

2023

The foundation has increased its grantmaking activity, moving from 20 grants totaling $410,000 in 2023 to 39 grants totaling $424,405 in 2024, demonstrating expanded philanthropic engagement with more organizations while maintaining similar overall giving levels.

Gross Family Foundation announces $22.7 million in 2022 grants - The William,

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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