The Broom Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in NEW LONDON, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $854K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+0.1% YoY
Annual Giving
$100K
+55.4% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$20K
+24.3% YoY
Under IRS private-foundation payout rules, The Broom Family Foundation reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
About The Broom Family Foundation
Based on IRS filings
The Broom Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in NEW LONDON, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $854K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,265,260 | $4,261,876 | $4,446,191 |
| Revenue | $903,507 | $83,725 | $880,100 |
| Expenses | $265,572 | $217,738 | $158,267 |
| Qualifying Distributions | $99,949 | $64,322 | $35,005 |
| Net Investment Income | $853,880 | $37,693 | — |
| Distributable Amount | $86,932 | $87,971 | $62,217 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mount Royal Academy ($62,949), Oblates of Virgin Mary ($20,000), Sophia Institute Press ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MOUNT ROYAL ACADEMY SUNAPEE, NH | SUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | $62,949 |
| OBLATES OF VIRGIN MARY BOSTON, MA | SUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | $20,000 |
| CARDINAL NEWMAN SOCIETY MANASSAS, VA | SUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | $5,000 |
| SOPHIA INSTITUTE PRESS MANCHESTER, NH | SUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | $6,000 |
| A CARING CENTER FOR WOMEN VERO BEACH, FL | SUPPORT THE ORGANIZATION'S NON PROFIT PURPOSE | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas P Broom | TRUSTEE | 5 | $45,380 |
| JOAN M BROOM | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Broom Family Foundation?
The Broom Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in NEW LONDON, NH. It holds $4.3M in total assets as of 2024.
How large is The Broom Family Foundation?
As of 2024, The Broom Family Foundation holds $4.3M in total assets with $904K in annual revenue. It awarded 5 grants totaling $100K in 2024.
Where does The Broom Family Foundation operate?
The Broom Family Foundation has awarded grants in Florida, Massachusetts, New Hampshire, Virginia.
What size grants does The Broom Family Foundation award?
In 2024, The Broom Family Foundation awarded 5 grants totaling $100K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Broom Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Broom Family Foundation reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Broom Family Foundation's EIN?
The Broom Family Foundation's EIN (Employer Identification Number) is 04-3341452. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Broom Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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