Owen T & Alice M Gorman Testamentary
The Owen T & Alice M Gorman Testamentary Charitable Trust is a private foundation established in 2003 in Oneida, New York. The foundation serves as the living legacy of Owen T. Gorman, Catherine "Kay" Cummings Gorman, and Alice M. Gorman. It operates with a mission to improve the quality of life for present and future generations through strategic philanthropic support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.2M
-6.2% YoY
Annual Giving
$733K
+24.9% YoY
Grant Count
29
-14.7% YoY
Avg Grant Size
$25K
+46.4% YoY
Under IRS private-foundation payout rules, Owen T & Alice M Gorman Testamentary reported a distributable amount of $475K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to improve the quality of life for present and future generations. The foundation awards grants to organizations within its geographic focus and areas of interest, with three primary funding areas:
Social Welfare Programs and services designed to help people in need gain access to healthcare, education, food, and shelter.
Community Education & Enhancement Educational or recreational outreach programs, musical performances, and historical preservation efforts.
The Environment Efforts to support local farming, preserve wildlife, and rehabilitate animals.
Grantmaking
Organizations must be:
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Geographic Focus
Where this funder awards grants
The foundation's primary geographic focus is Madison County, New York. However, the foundation's efforts have also benefited various communities around the world.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving
- Total assets: $12.2 million to $13 million
- Total annual giving: $732,564 to $1.2 million
- Total contributions: $8,800
Grant Activity
- Number of grants awarded: 34 (as of 2023 tax year)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,200,742 | $13,013,917 | $13,255,337 |
| Revenue | $739,683 | $616,916 | $575,995 |
| Expenses | $1,746,067 | $1,597,978 | $1,913,472 |
| Qualifying Distributions | $1,360,190 | $1,195,252 | $1,486,532 |
| Net Investment Income | $351,496 | $232,331 | $129,597 |
| Distributable Amount | $475,044 | $510,826 | $581,033 |
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
132 grants across all recorded years
Open Grants
1 open opportunity from Owen T & Alice M Gorman Testamentary
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madison County Veterans Agency ($225,000), Mary Rose Clinic ($153,000), Roswell Park Cancer Center ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARTS AT THE PALACE HAMILTON, NY | DONATION | $3,000 |
| CHARLES N GORDON WILDLIFE REHAB EARLVILLE, NY | PORTABLE X-RAY MACHINE | $5,000 |
| CHITTENANGO LANDING CANAL BOAT MUSEUM CHITTENANGO, NY | MUSEUM SUPPORT | $4,500 |
| CNY RONALD MCDONALD HOUSE SYRACUSE, NY | DONATION | $5,000 |
| GORMAN FOUNDATION COMMUNITY CENTER ONEIDA, NY | TO SUPPORT GORMAN SENIOR PLACE. | $15,000 |
| HOLY CROSS ACADEMY ONEIDA, NY | CNY SPORTSMAN SHOW | $100 |
| MADISON COUNTY ASSIGNED COUNSEL ONEIDA, NY | DONATION | $75,000 |
| MADISON COUNTY CORNELL COOPERATIVE EXTENSION MORRISVILLE, NY | OPEN FARM DAY | $500 |
| MADISON COUNTY HISTORICAL SOCIETY ONEIDA, NY | CRAFT DAYS AND FARMERS MARKET SUPPORT | $5,500 |
| MADISON COUNTY VETERANS AGENCY ONEIDA, NY | RELOCATION AND OFFICE RENOVATIONS | $225,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel (as of 2023)
- Amanda Larson, President (40 hours/week)
- Joanne Larson, Chief Investment Officer (30 hours/week)
- James Sullivan, Vice-President (20 hours/week)
- Aric Larson, Trustee (1 hour/week)
- Elijah Sullivan, VP Finance and Investments (20 hours/week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMANDA LARSON | PRESIDENT | 40 | $161,300 |
| JOANNE LARSON | CHIEF INVESTMENT OFFICER | 30 | $90,000 |
| JAMES SULLIVAN | TRUSTEE | 1 | — |
| ARIC LARSON | VP OPERATIONS/ASSISTANT TO CIO | 10 | $20,000 |
| ELIJAH SULLIVAN | VP FINANCE AND INVESTMENTS | 20 | $20,000 |
Recent News & Activity
Recent developments and announcements
Recent grant recipients have included:
Oneida Community Mansion House: $50,000 for preservation repairs and renovations (2023)
Church on the Rock: $5,000 (2023)
Gorman Foundation Community Center: $5,000 (2023)
Gorman Foundation awards $1.5M in grants to meet critical needs for MainersContact Information
Address 1081 Northside Shopping Center Oneida, NY 13421-4900
Phone 315-363-0170
Website www.gormanfoundation.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Owen T & Alice M Gorman Testamentary fund?
The foundation's mission is to improve the quality of life for present and future generations. The foundation awards grants to organizations within its geographic focus and areas of interest, with three primary funding areas: **Social Welfare** Programs and services designed to help people in need gain access to healthcare, education, food, and shelter. **Community Education & Enhancement** Educational or recreational outreach programs, musical performances, and historical preservation efforts.…
How do I apply for a grant from Owen T & Alice M Gorman Testamentary?
**Grant Characteristics** • Typical grant awards range from $100 to $260,590 • Median grant amount: $4,000 • Maximum grant observed: $225,000 • Recent annual distributions: $732,564 to $1.2 million **Eligibility Requirements** Organizations must be: • Tax-exempt under Section 501(c)(3) of the Internal Revenue Code • Not classified as private foundations under Section 509(a) of the Code • In select cases, the foundation may consider support for special projects sponsored by governmental entities…
Where does Owen T & Alice M Gorman Testamentary make grants?
The foundation's primary geographic focus is Madison County, New York. However, the foundation's efforts have also benefited various communities around the world.
What size grants does Owen T & Alice M Gorman Testamentary award?
In 2024, Owen T & Alice M Gorman Testamentary awarded 29 grants totaling $733K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Owen T & Alice M Gorman Testamentary required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Owen T & Alice M Gorman Testamentary reported a distributable amount of $475K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Owen T & Alice M Gorman Testamentary's EIN?
Owen T & Alice M Gorman Testamentary's EIN (Employer Identification Number) is 22-6927092. 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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