The Grey Blanket Foundation

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 2024. As of 2024, the organization holds $537K in total assets. In 2024, it awarded 6 grants totaling $60K. Net investment income was $93K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$537K

+6.3% YoY

Annual Giving

$60K

+2.4% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$10K

+2.4% YoY

Under IRS private-foundation payout rules, The Grey Blanket Foundation reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.

About The Grey Blanket Foundation

Based on IRS filings

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 2024. As of 2024, the organization holds $537K in total assets. In 2024, it awarded 6 grants totaling $60K. Net investment income was $93K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BuffaloClarenceMission ViejoOrchard Park

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$30K$60K$90K$120K20202021202220232024
Metric202420232022
Total Assets$537,443$505,793$517,044
Revenue$100,377$54,409$37,448
Expenses$68,727$65,660$59,647
Qualifying Distributions$61,434$59,372$48,250
Net Investment Income$93,084$48,121$29,833
Distributable Amount$54,443$48,195$48,253

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$60K4 grants20203 grants20214 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

THE BISON FUND$30KFRIENDS OF BUFFALO CREEK$6KMENTAL HEALTH ADVOCATES$6KROSWELL PARK ALLIANCE FO…$6KSISTERS OF ST JOSEPH$6KTHE BISON FUND$6K

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Bison Fund ($30,000), Friends of Buffalo Creek ($6,000), Mental Health Advocates ($6,000).

RecipientPurposeAmount
FRIENDS OF BUFFALO CREEK BUFFALO, NYGENERAL$6,000
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 BISON FUND BUFFALO, NYGENERAL$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS R BEECHER JRTRUSTEE1
LUKE T JACOBSTRUSTEE1
LEE C WORTHAMTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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 $537K in total assets as of 2024.

How large is The Grey Blanket Foundation?

As of 2024, The Grey Blanket Foundation holds $537K in total assets with $100K in annual revenue. It awarded 6 grants totaling $60K in 2024.

Where does The Grey Blanket Foundation operate?

The Grey Blanket Foundation has awarded grants in California, New York.

What size grants does The Grey Blanket Foundation award?

In 2024, The Grey Blanket Foundation awarded 6 grants totaling $60K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is The Grey Blanket Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Grey Blanket Foundation reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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

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