The Gorman Family Foundation Inc
The Gorman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRISTOL, CT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 14 grants totaling $219K. Net investment income was $191K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
-2.1% YoY
Annual Giving
$219K
-0.0% YoY
Grant Count
14
+27.3% YoY
Avg Grant Size
$16K
-21.4% YoY
Under IRS private-foundation payout rules, The Gorman Family Foundation Inc reported a distributable amount of $232K for 2024 — the minimum it must pay out in qualifying distributions.
About The Gorman Family Foundation Inc
Based on IRS filings
The Gorman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRISTOL, CT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 14 grants totaling $219K. Net investment income was $191K.
Focus Areas
Ready to take the next step with The Gorman Family Foundation Inc?
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 | $4,566,377 | $4,664,087 | $4,797,602 |
| Revenue | $171,234 | $130,931 | $79,185 |
| Expenses | $268,944 | $264,446 | $208,186 |
| Qualifying Distributions | $218,600 | $218,629 | $170,700 |
| Net Investment Income | $191,275 | $176,187 | $124,939 |
| Distributable Amount | $232,132 | $218,594 | $223,640 |
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
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Miss Proter's School ($50,000), Wellesley College ($40,000), Carleton College ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WELLESLEY COLLEGE WELLESLEY, MA | CHARITABLE CONTRIBUTION | $40,000 |
| FIRST CONG CHURCH OF SUNDERLAND SUNDERLAND, MA | CHARITABLE CONTRIBUTION | $10,000 |
| SOUTHERN SCHOLARS INITIATIVE INC DENMARK, SC | CHARITABLE CONTRIBUTION | $20,000 |
| CARLETON COLLEGE NORTHFIELD, MN | CHARITABLE CONTRIBUTION | $30,000 |
| MISS PROTER'S SCHOOL FARMINGTON, CT | CHARITABLE CONTRIBUTION | $50,000 |
| CHOATE ROSEMARY SCHOOL WALLINGFORD, CT | CHARITABLE CONTRIBUTION | $15,000 |
| CANAL DOCK BOATHOUSE INC NEW HAVEN, CT | CHARITABLE CONTRIBUTION | $3,000 |
| CAT TALES MIDDLETOWN, CT | CHARTIABLE CONTRIBUTION | $7,000 |
| MERIDEN SOUP KITCHEN MERIDEN, CT | CHARTIABLE CONTRIBUTION | $5,000 |
| OPERATIONS SMILE VIRGINIA BEACH, VA | CHARTIABLE CONTRIBUTION | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN J GORMAN | PRESIDENT | — | — |
| ELLYSSA L EROR | VICE PRESIDE | — | — |
| OLIVIA Z GORMAN | SECRETARY | — | — |
| MARY E GORMAN | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gorman Family Foundation Inc?
The Gorman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRISTOL, CT. It holds $4.6M in total assets as of 2024.
How large is The Gorman Family Foundation Inc?
As of 2024, The Gorman Family Foundation Inc holds $4.6M in total assets with $171K in annual revenue. It awarded 14 grants totaling $219K in 2024.
Where does The Gorman Family Foundation Inc operate?
The Gorman Family Foundation Inc has awarded grants in Connecticut, Delaware, Massachusetts, Minnesota, North Carolina, South Carolina, Virginia.
What size grants does The Gorman Family Foundation Inc award?
In 2024, The Gorman Family Foundation Inc awarded 14 grants totaling $219K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is The Gorman Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gorman Family Foundation Inc reported a distributable amount of $232K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gorman Family Foundation Inc's EIN?
The Gorman Family Foundation Inc's EIN (Employer Identification Number) is 30-6684352. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Gorman Family Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Christine E Moser Foundation
NEW BRITAIN, CT
Assets
$767K
Grants
7
Total Given
$36K
The Ravengate Foundation
OLD GREENWICH, CT
Assets
$1.2M
Grants
3
Total Given
$70K
Alderman Family Foundation
SALISBURY, CT
Assets
$33K
Grants
5
Total Given
$650
Calf Island Foundation
GREENWICH, CT
Assets
$172K
Grants
1
Total Given
$10K
Russel R Taylor Foundation
GREENWICH, CT
Assets
$2.6M
Grants
3
Total Given
$224K
Nancy a Larson Foundation Inc
OLD LYME, CT
Assets
$9K
Grants
8
Total Given
$12K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Gorman Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Gorman Family Foundation Inc to a real strategy.