The Grey Blanket Foundation
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
Share of all 7 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NARDIN ACADEMY Buffalo, NY | GENERAL | $18,000 |
| THE BISON FUND Buffalo, NY | GENERAL | $18,000 |
| MENTAL HEALTH ADVOCATES Buffalo, NY | GENERAL | $6,000 |
| ROSWELL PARK ALLIANCE FOUNDATION Buffalo, NY | GENERAL | $6,000 |
| SISTERS OF ST JOSEPH Clarence, NY | GENERAL | $6,000 |
| THE BISON FUND Buffalo, NY | CATHOLIC ACADEMY OF WEST BUFFALO | $6,000 |
| THE SALVATION ARMY Buffalo, NY | GENERAL | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
- 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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