Harvey C Grumbine Foundation

LEBANON, PA EIN: 23-1417535

Harvey C Grumbine Foundation is a private foundation, based in LEBANON, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $636K in total assets. In 2024, it awarded 1 grants totaling $42K. Net investment income was $48K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$636K

+0.6% YoY

Annual Giving

$42K

+6.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$42K

+6.7% YoY

Under IRS private-foundation payout rules, Harvey C Grumbine Foundation reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Harvey C Grumbine Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $213K (100%)

States

Pennsylvania

Cities

Lebanon

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$635,928	$631,888	$657,895
Revenue	$57,312	$23,725	$24,723
Expenses	$53,272	$49,732	$61,723
Qualifying Distributions	$42,274	$39,634	$50,223
Net Investment Income	$48,373	$15,447	$15,870
Distributable Amount	$43,518	$40,737	$43,096

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lebanon Community Library ($42,274).

Recipient	Purpose	Amount
LEBANON COMMUNITY LIBRARY LEBANON, PA	UNRESTRICTED OPERATION OF PUBLIC LIBRARY	$42,274

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LEBANON COMMUNITY LIBRARY BOARD	TRUSTEE	2	—

Frequently Asked Questions

How large is Harvey C Grumbine Foundation?

As of 2024, Harvey C Grumbine Foundation holds $636K in total assets with $57K in annual revenue. It awarded 1 grants totaling $42K in 2024.

Where does Harvey C Grumbine Foundation operate?

Harvey C Grumbine Foundation has awarded grants in Pennsylvania.

What size grants does Harvey C Grumbine Foundation award?

In 2024, Harvey C Grumbine Foundation awarded 1 grants totaling $42K — an average of about $42K per grant, based on its IRS Form 990 filings.

How much is Harvey C Grumbine Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harvey C Grumbine Foundation reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.