Norwood Foundation Inc

GARDEN CITY, NY EIN: 13-6111530

Norwood Foundation Inc is a private grantmaking foundation based in Garden City, New York. Established in 1954, the organization operates as a 501(c)(3) nonprofit with a volunteer leadership team.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

+2.1% YoY

Annual Giving

$145K

-9.4% YoY

Grant Count

32

+3.2% YoY

Avg Grant Size

$5K

-12.2% YoY

Under IRS private-foundation payout rules, Norwood Foundation Inc reported a distributable amount of $171K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation focuses on funding initiatives in three primary areas:

  • Education
  • Health
  • Human Services

Grantmaking

Grant Range

$22

Average Grant

$22

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Geographic Focus

Where this funder awards grants

The foundation supports projects across multiple U.S. states and cities, including:

States: California, Colorado, Connecticut, Delaware, Georgia, Illinois, Maryland, Massachusetts, Montana, New York, Utah, and Wyoming

Cities: Baltimore, Chicago, and New York

Grant Distribution by State

18states
+10 more states

Cities

ArlingtonBaltimoreBedfordBig SkyBozemanChicagoCold Spring HarborComptonConcordDaltonDurhamGlen CoveGreenwichHampton BaysJacksonLittletonLocust ValleyManhassetMemphisMineola

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $3,218,163
  • Annual Revenue: $100,724
  • Annual Expenses: $166,106
  • Expense Ratio: 164.9% of total revenue spent on programs
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$481K$962K$1M$2M20202021202220232024
Metric202420232022
Total Assets$3,218,163$3,151,638$3,259,021
Revenue$242,559$100,724$24,280
Expenses$150,030$166,106$188,262
Qualifying Distributions$148,090$165,552$185,798
Net Investment Income$242,439$100,620$33,852
Distributable Amount$170,576$154,655$161,794

Giving Over Time

Total grant dollars and number of grants per year

$0$46K$92K$137K$183K17 grants202019 grants202126 grants202231 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTH SHORE HOSPITAL$18KMIDDLESEX SCHOOL$10KNEW YORK HOSPITAL$10KBOZEMAN FIELD SCHOOL$8KHOSPITAL FOR SPECIAL SUR…$8KTEACHING MATTERS$8KALZHEIMER'S ASSOCIATION$5KBIG SKY DISCOVERY ACADEMY$5KBOZEMAN HEALTH FOUNDATION$5KFRIENDS ACADEMY$5K

Grant Size Distribution

125 grants across all recorded years

124<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include North Shore Hospital ($17,500), Middlesex School ($10,000), New York Hospital ($10,000).

RecipientPurposeAmount
ALZHEIMER'S ASSOCIATION CHICAGO, ILGENERAL PURPOSE$5,000
BIG SKY DISCOVERY ACADEMY BIG SKY, MTGENERAL PURPOSE$5,000
BOZEMAN FIELD SCHOOL BOZEMAN, MTGENERAL PURPOSE$7,530
BOZEMAN HEALTH FOUNDATION BOZEMAN, MTGENERAL PURPOSE$5,000
BROMLEY OUTING CLUB PERU, VTGENERAL PURPOSE$2,500
BRUNSWICK SCHOOL GREENWICH, CTGENERAL PURPOSE$2,500
COLD SPRING HARBOR LAB COLD SPRING HARBOR, NYGENERAL PURPOSE$1,000
COMMUNITY FOUNDATION OF OYSTER BAY OYSTER BAY, NYGENERAL PURPOSE$2,500
DUKE UNIVERSITY DURHAM, NCGENERAL PURPOSE$2,500
FAMILY CENTERS GREENWICH, CTGENERAL PURPOSE$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Townsend W. Bancroft – President (volunteer, no compensation)
  • Jennifer B. Kelter – Vice President (volunteer, no compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TOWNSEND W BANCROFTPRESIDENT3
JENNIFER B KELTERVICE PRESIDENT3

Contact Information

Address:
Co Bessemer
1225 Franklin Ave 50
Garden City, NY 11530

Frequently Asked Questions

What does Norwood Foundation Inc fund?

The foundation focuses on funding initiatives in three primary areas: • Education • Health • Human Services

How do I apply for a grant from Norwood Foundation Inc?

**Grant Activity:** • Total giving: $145,030 (most recent filing) • Annual grants awarded: 31 grants in 2024 • Typical award range: $1,000–$60,000 • Average grant size: $22 • Median grant size: Data not specified **Applicant Information:** • Open to new applicants: Yes • Percentage of new applicants funded: 12%

Where does Norwood Foundation Inc make grants?

The foundation supports projects across multiple U.S. states and cities, including: **States:** California, Colorado, Connecticut, Delaware, Georgia, Illinois, Maryland, Massachusetts, Montana, New York, Utah, and Wyoming **Cities:** Baltimore, Chicago, and New York

What size grants does Norwood Foundation Inc award?

In 2024, Norwood Foundation Inc awarded 32 grants totaling $145K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Norwood Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Norwood Foundation Inc reported a distributable amount of $171K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Norwood Foundation Inc's EIN?

Norwood Foundation Inc's EIN (Employer Identification Number) is 13-6111530. IRS Form 990 filing data is available on this page for 2020–2024.

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

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