The Griffis Foundation Inc
The Griffis Foundation Inc is a private foundation, based in LYME, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 3 grants totaling $6K. Net investment income was $43K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-0.8% YoY
Annual Giving
$6K
-51.4% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$2K
-19.0% YoY
Under IRS private-foundation payout rules, The Griffis Foundation Inc reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.
About The Griffis Foundation Inc
Based on IRS filings
The Griffis Foundation Inc is a private foundation, based in LYME, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 3 grants totaling $6K. Net investment income was $43K.
Ready to take the next step with The Griffis 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 | 2021 |
|---|---|---|---|
| Total Assets | $1,231,198 | $1,240,653 | $1,667,300 |
| Revenue | $68,345 | $52,829 | $105,122 |
| Expenses | $77,800 | $56,120 | $151,957 |
| Qualifying Distributions | $34,300 | $31,626 | $127,186 |
| Net Investment Income | $43,191 | $28,335 | $80,351 |
| Distributable Amount | $72,410 | $60,605 | $90,923 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Eastern Ct Ballet ($4,000), Mystic Aquarium ($1,200), Terri Brodeur Breast Cancer Foundation ($750).
| Recipient | Purpose | Amount |
|---|---|---|
| EASTERN CT BALLET EAST LYME, CT | EDUCATION AND GENERAL CHARITABLE PURPOSE | $4,000 |
| MYSTIC AQUARIUM MYSTIC, CT | EDUCATION AND GENERAL CHARITABLE PURPOSE | $1,200 |
| TERRI BRODEUR BREAST CANCER FOUNDATION NEW LONDON, CT | EDUCATION AND GENERAL CHARITABLE PURPOSE | $750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BUCKLEY GRIFFIS | PRESIDENT | 2.5 | $6,000 |
| NICHOLAS GRIFFIS | VICE PRESIDENT | 1.5 | $6,000 |
| DANIELLE GRIFFIS | SECRETARY/TREASURER | 2 | $6,000 |
| CHERYL FREDERICKSON | DIRECTOR | 1.5 | $6,000 |
Frequently Asked Questions
How large is The Griffis Foundation Inc?
As of 2024, The Griffis Foundation Inc holds $1.2M in total assets with $68K in annual revenue. It awarded 3 grants totaling $6K in 2024.
Where does The Griffis Foundation Inc operate?
The Griffis Foundation Inc has awarded grants in Connecticut, Florida, Illinois, Kansas, New Hampshire, New York, Ohio, Texas.
What size grants does The Griffis Foundation Inc award?
In 2024, The Griffis Foundation Inc awarded 3 grants totaling $6K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Griffis Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Griffis Foundation Inc reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Griffis Foundation Inc's EIN?
The Griffis Foundation Inc's EIN (Employer Identification Number) is 13-5678764. 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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