The Griffis Foundation Inc
The Griffis Foundation Inc is a private foundation, based in Lyme, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it made $19K in qualifying distributions. Net investment income was $504K.
The Griffis Foundation Inc at a glance
- Total assets
- $1,716,110
- +39.4% vs 2024
- Revenue (2025)
- $529,634
- +674.9% vs 2024
- Qualifying distributions (2025)
- $18,611
- -45.7% vs 2024
- Expenses (2025)
- $44,722
- -42.5% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Griffis Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 44 grants of 45 (98%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How The Griffis Foundation Inc gives
- Giving fell 95% from 2021 to 2024. Method
- In 2025 it paid out 25% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $6K (2024) to $441K (2022). In 2024 it made 3 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,716,110 | $529,634 | $44,722 | — | — | $18,611 | $504,323 | $73,148 |
| 2024 | $1,231,198 | $68,345 | $77,800 | $5,950 | 3 | $34,300 | $43,191 | $72,410 |
| 2023 | $1,240,653 | $52,829 | $56,120 | $12,250 | 5 | $31,626 | $28,335 | $60,605 |
| 2022 | $1,243,944 | $60,406 | $483,763 | $441,486 | 14 | $457,098 | $42,642 | $75,864 |
| 2021 | $1,667,300 | $105,122 | $151,957 | $110,675 | 23 | $127,186 | $80,351 | $90,923 |
| 2020 | $1,676,409 | $35,333 | $126,917 | $88,550 | 15 | — | $11,761 | $67,409 |
Under IRS private-foundation payout rules, The Griffis Foundation Inc reported a distributable amount of $73K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Griffis Foundation Inc is led by Buckley Griffis, President since 2021 (on filings since 2020); all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Buckley Griffis
President
Director → President, 2021
On filings since 2020
2.5 hrs/week
$6K (2020) → $6K (2025)
Cheryl Frederickson
Director
On filings since 2022
1.5 hrs/week
$5K (2022) → $6K (2025)
Nicholas Griffis
Vice President
Director → Vice President, 2021
On filings since 2020
1.5 hrs/week
$6K (2020) → $6K (2025)
Danielle Griffis
Secretary & Treasurer
On filings since 2021
2 hrs/week
$3K (2021) → $6K (2025)
Former officers (2)
- Former: Cheril Fredricson (2021) — Director
- Former: Jennifer Griffis (2020) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $6K, to Buckley Griffis (President). 4 officers or directors reported compensation on that filing.
Frequently asked questions about The Griffis Foundation Inc
How large is The Griffis Foundation Inc?
The Griffis Foundation Inc reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $73K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Griffis Foundation Inc operate?
The Griffis Foundation Inc has awarded grants in Connecticut, Florida, Georgia, Illinois, Kansas, New Hampshire, New York, Ohio, Texas.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 5, 2023)
- Added Form 990-PF for fiscal year 2022 (received by the IRS December 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 17, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
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