Funder DirectoryTHE GROMET FOUNDATION
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Private non-operating foundationEIN 990281966Est. 2019-07

THE GROMET FOUNDATION

NEWARK, DE 19711

Accepts unsolicited proposals

Total Assets

$10.9M

FY 2024

Annual Giving

$110K

FY 2024

Grants Made

26

FY 2024

Avg Grant

$4K

FY 2024

Grant Range

$1K–$10K

Typical

Deadlines

October 25

Applications

Programs & Activities

Program 1

$110K

There are a total of forty-five (45) scholars in the program. Scholarship disbursements were made to the universities of twenty-six (26) scholars for unmet academic needs in the amount of $109,956. The remaining scholars receive services designed to eliminate student debt.

Program 2

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.

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$789K

Total Expenses

$774K

Qualifying Distributions

$566K

Min. Investment Return

$530K

Grant Range

26 grants

Grant sizes from minimum $1K through median $5K to maximum $10K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $126K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

118 grants

TAKAHASHI TAYLOR
$18K
3 grants
LE JOHNATHAN
$15K
2 grants
GISMUNDO-HOOK ISABELLA
$15K
3 grants
GONZALES HERMARY
$15K
3 grants
BLASI MAYA P
$15K
3 grants
CALARA EUNICA
$15K
3 grants
KIM JENNA
$15K
3 grants
LIANG ANSON
$15K
3 grants

Grant Size Distribution

117 grants

<$10K
117
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Delaware
$419K
100% of total

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THE GROMET FOUNDATION — Grants, Financials & Contact | Grantivo