Norwood Foundation Inc
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.
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
125 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION CHICAGO, IL | GENERAL PURPOSE | $5,000 |
| BIG SKY DISCOVERY ACADEMY BIG SKY, MT | GENERAL PURPOSE | $5,000 |
| BOZEMAN FIELD SCHOOL BOZEMAN, MT | GENERAL PURPOSE | $7,530 |
| BOZEMAN HEALTH FOUNDATION BOZEMAN, MT | GENERAL PURPOSE | $5,000 |
| BROMLEY OUTING CLUB PERU, VT | GENERAL PURPOSE | $2,500 |
| BRUNSWICK SCHOOL GREENWICH, CT | GENERAL PURPOSE | $2,500 |
| COLD SPRING HARBOR LAB COLD SPRING HARBOR, NY | GENERAL PURPOSE | $1,000 |
| COMMUNITY FOUNDATION OF OYSTER BAY OYSTER BAY, NY | GENERAL PURPOSE | $2,500 |
| DUKE UNIVERSITY DURHAM, NC | GENERAL PURPOSE | $2,500 |
| FAMILY CENTERS GREENWICH, CT | GENERAL 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TOWNSEND W BANCROFT | PRESIDENT | 3 | — |
| JENNIFER B KELTER | VICE PRESIDENT | 3 | — |
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.
Explore Open Grants
Browse active grant opportunities in Norwood Foundation Inc's focus areas in our free grants database
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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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