Program areas at The Gromet Foundation
The Foundation gave (36) thirty six educational scholarships to (36) thirty six individuals.
In addition to grants for unmet need for The cost of college attendance, The Foundation provides, at its cost, The following additional programs: 1) academic financial aid counseling with annual reviews, 2) decision making tools to assist scholars in college selection, 3) academic mentoring and intervention services, 4) referral to affiliated providers for additional financial aid, 5) emergency and crisis response funds, 6) funds for study abroad programs in accordance with The Foundation student guide, 7) tuition for freshman english in The summer prior to The freshman year, 8) organized social gatherings of its scholars to encourage networking and mentoring by upper classmen, and 9) an alumni network.
Personnel at The Gromet Foundation
| Name | Title | Compensation | Date of data |
|---|
| Sung S Stubenberg | Chief Financial Officer | $95,040 | 2022-12-31 |
| James Stubenberg | Executive Director | $125,000 | 2023-11-15 |
Financials for The Gromet Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $64,175 | -100% |
| Investment income and dividends | $189,582 | $175,623 | 7.9% |
| Net rental income | $105,994 | $128,231 | -17.3% |
| Net gain from sale of non-inventory assets | $-52,161 | $256,330 | -120.3% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $289,762 | $671,728 | -56.9% |
Organizations like The Gromet Foundation
| Organization | Type | Location | Revenue |
|---|
| Marie R and Ervine Turner Educational Foundation | 501(c)(3) | Jackson, KY | $111,982 |
| Good News Foundation of Central New York | 501(c)(3) | Utica, NY | $1,082,850 |
| Beta Sole Foundation | 501(c)(3) | Mount Pleasant, MI | $289,150 |
| W D & Shirley Schafer-Ray Educational Trust | 501(c)(3) | Creston, IA | $163,289 |
| Crosby Education Foundation | 501(c)(3) | Crosby, TX | $287,022 |
| Pleasant Hill Foundation | 501(c)(3) | Pleasant Hill, OR | $96,747 |
| Falmouth Education Foundation | 501(c)(3) | Falmouth, MA | $296,525 |
| Lincoln-Way High School Foundation for Educational Excellence | 501(c)(3) | New Lenox, IL | $125,404 |
| John R Sommers Irrev Scholarship Trust | 501(c)(3) | St Louis, MO | $220,161 |
| Innovation Foundation | 501(c)(3) | Wilton, CT | $1,323,463 |
Data update history
December 27, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 1, 2023
Updated personnel
Identified 1 new personnel
August 19, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
- Address
- 40 E Main St 754
- Newark, DE 19711
- Metro area
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Website URL
- grometfoundation.org/
- Phone
- (808) 384-1456
IRS details
- EIN
- 99-0281966
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2019
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B82: Scholarships, Student Financial Aid Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
Free account sign-up
Want updates when The Gromet Foundation has new information, or want to find more organizations like The Gromet Foundation?
Create free Cause IQ account