The Grey Blanket Foundation

Foundation · Grantmaker Buffalo, NY EIN: 16-6454226

The Grey Blanket Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Buffalo, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 7 grants totaling $65K. Net investment income was $571K.

Key facts about The Grey Blanket Foundation

In short: The Grey Blanket Foundation gave $65K across 7 grants in 2025 (avg $9K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
16-6454226
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$65,000
Grants made (2025)
7
Average grant
$9,286
Median grant
$6,000
Total assets
$1,039,599
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.0M

+93.4% YoY

Annual Giving

$65K

+8.3% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$9K

-7.1% YoY

Under IRS private-foundation payout rules, The Grey Blanket Foundation reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.

How The Grey Blanket Foundation gives

  • Giving grew 35% from 2022 to 2025. Method
  • In 2025 it paid out 130% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 7 itemized 2025 grant dollars.

Cities

BuffaloClarenceMission ViejoOrchard Park

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K4 grants20203 grants20214 grants20226 grants20236 grants20247 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

The Bison Fund: $24K across 2 grantsThe Bison Fund$24K · 2 grantsNardin Academy: $18KNardin Academy$18KMental Health Advocates: $6KMental Health Advocates$6KRoswell Park Alliance Foundation: $6KRoswell Park AllianceFoundation$6KSisters of St Joseph: $6KSisters of St Joseph$6KThe Salvation Army: $5KThe Salvation Army$5K

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NARDIN ACADEMY Buffalo, NYGENERAL$18,000
THE BISON FUND Buffalo, NYGENERAL$18,000
MENTAL HEALTH ADVOCATES Buffalo, NYGENERAL$6,000
ROSWELL PARK ALLIANCE FOUNDATION Buffalo, NYGENERAL$6,000
SISTERS OF ST JOSEPH Clarence, NYGENERAL$6,000
THE BISON FUND Buffalo, NYCATHOLIC ACADEMY OF WEST BUFFALO$6,000
THE SALVATION ARMY Buffalo, NYGENERAL$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K202020212022202320242025
Metric202520242023
Total Assets$1,039,599$537,443$505,793
Revenue$579,646$100,377$54,409
Expenses$77,049$68,727$65,660
Qualifying Distributions$68,706$61,434$59,372
Net Investment Income$571,303$93,084$48,121
Distributable Amount$52,743$54,443$48,195

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Grey Blanket Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lee C. Wortham

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Luke T. Jacobs

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas R. Beecher Jr.

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Grey Blanket Foundation

How much does The Grey Blanket Foundation give each year?

The Grey Blanket Foundation gave $65K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 6 grants.

What is The Grey Blanket Foundation's typical grant size?

The Grey Blanket Foundation's median grant in 2025 was $6,000, and its average grant was $9,286, across 7 grants on its 2025 IRS Form 990-PF.

Where does The Grey Blanket Foundation give grants?

The Grey Blanket Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Buffalo, NY (6 grants).

Does The Grey Blanket Foundation give general operating support?

Yes: 86% of The Grey Blanket Foundation's 2025 grants with a stated purpose (6 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Grey Blanket Foundation's largest grantees?

The Grey Blanket Foundation's largest 2025 grantees include The Bison Fund ($24,000 across 2 grants), Nardin Academy ($18,000) and Mental Health Advocates ($6,000), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.

How large is The Grey Blanket Foundation?

The Grey Blanket Foundation reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $69K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).

What is The Grey Blanket Foundation?

The Grey Blanket Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Buffalo, NY. It holds $1.0M in total assets as of 2025.

What is The Grey Blanket Foundation's EIN?

The Grey Blanket Foundation's EIN (Employer Identification Number) is 16-6454226. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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