The Gromet Foundation is a private foundation focused on Education, based in NEWARK, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 26 grants totaling $110K. Net investment income was $443K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
+0.4% YoY
Annual Giving
$110K
-8.5% YoY
Grant Count
26
-13.3% YoY
Avg Grant Size
$4K
+5.6% YoY
About The Gromet Foundation
Based on IRS filings
The Gromet Foundation is a private foundation focused on Education, based in NEWARK, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 26 grants totaling $110K. Net investment income was $443K.
Focus Areas
Ready to take the next step with The Gromet Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,135,573 | $4,117,598 | $4,329,988 |
| Revenue | $788,896 | $557,906 | $289,762 |
| Expenses | $773,793 | $774,516 | $703,762 |
| Qualifying Distributions | $566,003 | $551,920 | $556,154 |
| Net Investment Income | $442,981 | $197,870 | $104,293 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
154 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Le Johnathan ($10,000), Guerrero Tayler ($7,500), Viloria Alexis ($5,638).
| Recipient | Purpose | Amount |
|---|---|---|
| ARMOUR LISA NEWARK, DE | STUDENT GRANT | $2,500 |
| BAGAOISON JYXZEL NEWARK, DE | STUDENT GRANT | $1,000 |
| BALLESTEROS BETHANY NEWARK, DE | STUDENT GRANT | $2,500 |
| BLASI MAYA P NEWARK, DE | STUDENT GRANT | $5,000 |
| CALARA EUNICA NEWARK, DE | STUDENT GRANT | $5,000 |
| CAMBE JESSICA G NEWARK, DE | STUDENT GRANT | $2,500 |
| CAUDILL SKY NEWARK, DE | STUDENT GRANT | $5,000 |
| GISMUNDO-HOOK ISABELLA NEWARK, DE | STUDENT GRANT | $5,000 |
| GONZALES HERMARY NEWARK, DE | STUDENT GRANT | $5,000 |
| GUERRERO TAYLER NEWARK, DE | STUDENT GRANT | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES A STUBENBERG | EXECUTIVE DIR/PRESIDENT/SEC/DIR | 30 | $137,550 |
| SUNG S STUBENBERG | CHIEF FINANCIAL OFFICER | 30 | $99,792 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gromet Foundation?
The Gromet Foundation is a private foundation focused on Education, based in NEWARK, DE. It holds $4.1M in total assets as of 2024.
How large is The Gromet Foundation?
As of 2024, The Gromet Foundation holds $4.1M in total assets with $789K in annual revenue. It awarded 26 grants totaling $110K in 2024.
Where does The Gromet Foundation operate?
The Gromet Foundation has awarded grants in Delaware.
What size grants does The Gromet Foundation award?
In 2024, The Gromet Foundation awarded 26 grants totaling $110K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is The Gromet Foundation's EIN?
The Gromet Foundation's EIN (Employer Identification Number) is 99-0281966. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Gromet Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Gromet Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Gromet Foundation to a real strategy.