The Tom Gores Family Foundation
The Tom Gores Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 3 grants totaling $180K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2K
-10.0% YoY
Annual Giving
$180K
+140.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$60K
-20.0% YoY
Under IRS private-foundation payout rules, The Tom Gores Family Foundation reported a distributable amount of $96 for 2024 — the minimum it must pay out in qualifying distributions.
About The Tom Gores Family Foundation
Based on IRS filings
The Tom Gores Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 3 grants totaling $180K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,828 | $2,031 | $2,284 |
| Revenue | $180,000 | $75,000 | $555,000 |
| Expenses | $180,203 | $75,253 | $554,941 |
| Qualifying Distributions | $180,000 | $75,000 | $550,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $96 | $103 | $155 |
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
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cranbrook Educational Community ($100,000), Nf Forward ($50,000), Tragedy Assistance Program for Survivors ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TRAGEDY ASSISTANCE PROGRAM FOR SURVIVORS ARLINGTON, VA | TAPS 30 STRONG LEGACY CAMPAIGN | $30,000 |
| NF FORWARD DETROIT, MI | 2023 AND 2024 SPONSORSHIP | $50,000 |
| CRANBROOK EDUCATIONAL COMMUNITY BLOOMFIELD HILLS, MI | 2024 Presenting Sponsor for Cranbrook Academy of Art and Cranbrook Art Museum 2024 communion fundraiser | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATE GRELL | EXECUTIVE DIRECTOR | — | — |
| HOLLY GORES | SECRETARY | — | — |
| AMY HONBO | TREASURER | — | — |
| TOM GORES | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Tom Gores Family Foundation?
The Tom Gores Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. It holds $2K in total assets as of 2024.
How large is The Tom Gores Family Foundation?
As of 2024, The Tom Gores Family Foundation holds $2K in total assets with $180K in annual revenue. It awarded 3 grants totaling $180K in 2024.
Where does The Tom Gores Family Foundation operate?
The Tom Gores Family Foundation has awarded grants in California, Michigan, North Carolina, New York, Virginia.
What size grants does The Tom Gores Family Foundation award?
In 2024, The Tom Gores Family Foundation awarded 3 grants totaling $180K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is The Tom Gores Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Tom Gores Family Foundation reported a distributable amount of $96 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Tom Gores Family Foundation's EIN?
The Tom Gores Family Foundation's EIN (Employer Identification Number) is 82-1299009. 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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