The SGMG Foundation is a corporate foundation established in 2004 and affiliated with OGDEN CAP PROPERTIES LLC. Based in Roslyn, New York, the foundation operates as a 501(c)(3) organization with no employees. The foundation's primary purpose centers on addressing the difference in basis of securities received from family foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-2.6% YoY
Annual Giving
$322K
+9.7% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$13K
+9.7% YoY
Under IRS private-foundation payout rules, The Sgmg Foundation reported a distributable amount of $130K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The SGMG Foundation is an invite-only funder that does not accept unsolicited applications.
Grant Range
$8,000
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $1,693,301
- Total Revenues: $277,943
- Total Expenses: $323,169
As of December 2023:
- Total Assets: $1,700,000
- Total Giving: $293,000
- Giving Rate: 16.8% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,693,301 | $1,738,527 | $1,809,171 |
| Revenue | $277,943 | $224,172 | $283,225 |
| Expenses | $323,169 | $294,816 | $311,255 |
| Qualifying Distributions | $322,100 | $293,670 | $310,000 |
| Net Investment Income | $79,140 | $75,611 | $79,903 |
| Distributable Amount | $130,374 | $120,565 | $124,109 |
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
105 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dog Tag Inc ($100,000), Icahn School of Medicine at Mount Sinai ($35,000), United Jewish Appeal-federation of Jewish Philanthropies of New York Inc ($27,500).
| Recipient | Purpose | Amount |
|---|---|---|
| THE YOUNG MENS AND YOUNG WOMENS HEBREW ASSOCIATION NEW YORK, NY | PUBLIC CHARITY | $5,000 |
| THE YOUNG MENS AND YOUNG WOMENS HEBREW ASSOCIATION NEW YORK, NY | PUBLIC CHARITY | $10,000 |
| RABBINICAL SEMINARY OF AMERICA FLUSHING, NY | PUBLIC CHARITY | $9,000 |
| THE VALERIE FUND MAPLEWOOD, NJ | PUBLIC CHARITY | $3,000 |
| CEDILLE CHICAGO NFP CHICAGO, IL | PUBLIC CHARITY | $1,000 |
| FLEMINGTON JEWISH COMMUNITY CENTER FLEMINGTON, NJ | PUBLIC CHARITY | $9,000 |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI NEW YORK, NY | PUBLIC CHARITY | $35,000 |
| ST MATTHEW THE APOSTLE CHURCH RANDOLPH, NJ | PUBLIC CHARITY | $3,000 |
| BELIEVE IN A CURE INC PORT WASHINGTON, NY | PUBLIC CHARITY | $7,500 |
| UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC NEW YORK, NY | PUBLIC CHARITY | $27,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Peter Grossman is listed as a contact for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER GROSSMAN | PRESIDENT-AS NEEDED | — | — |
| SHARON GROSSMAN | OFFICER-AS NEEDED | — | — |
| MATTHEW GROSSMAN | OFFICER-AS NEEDED | — | — |
| GEOFFREY GROSSMAN | OFFICER-AS NEEDED | — | — |
Contact Information
Address: 312 Baltustrol Circle, Roslyn, NY 11576-3059
Telephone: 516-569-0008
EIN: 81-0650429
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from The Sgmg Foundation?
The SGMG Foundation is an invite-only funder that does not accept unsolicited applications. **Grant Activity:** • Made 23 grants in 2023 totaling approximately $293,000 • Made 17 grants in 2024 totaling $304,100 • Median grant size: $8,000 • Grant range: $1,000 to $75,000 **Recent Grantees (2024):** • Dog Tag Bakery: $100,000 • Icahn School of Medicine at Mount Sinai: $35,000 • UJA-Federation of New York: $27,500 **Historical Giving Trends:** • 2023: $293,000 in total giving across 23 grants • …
What size grants does The Sgmg Foundation award?
In 2024, The Sgmg Foundation awarded 25 grants totaling $322K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Sgmg Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sgmg Foundation reported a distributable amount of $130K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sgmg Foundation's EIN?
The Sgmg Foundation's EIN (Employer Identification Number) is 81-0650429. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Sgmg Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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