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Filing year 2024

Gormley Family Foundation Inc

Atlantic City, New Jersey·EIN 85-3863421·NTEE T12 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$124k
Total assets
$549k
Total expenses
$106k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. Gormley Family Foundation Inc reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$105k

Itemized grants

27

Median grant

$2k

RecipientLocationPurposeAmount
AtlantiCare FoundationEgg Harbor Township, NJUnrestricted$35k
American Jewish CommitteeNew York, NYUnrestricted$10k
Stockton UniversityGalloway, NJUnrestricted$10k
St Augustine PrepRichland, NJUnrestricted$9k
Atlantic Youth OrchestraAbsecon, NJUnrestricted$5k
Daughters for the Daughters of Our Lady of the Sacred HeartMargate City, NJUnrestricted$5k
Milton & Betty Katz JCCMargate City, NJUnrestricted$5k
Harry Hurley in the Morning Golf OpenEgg Harbor Township, NJUnrestricted$4k
Marine Corps Law Enforcement FoundationTuckahoe, NYUnrestricted$4k
Our Lady Star of the Sea ChurchCape May, NJUnrestricted$3k
Tara Miller Melanoma FoundationMargate City, NJUnrestricted$3k
South Jersey Rowing ClubMount Laurel, NJUnrestricted$2k
Lesniak Institute of American LeadershipUnion, NJUnrestricted$2k
Operation WarmPhiladelphia, PAUnrestricted$2k
Atlantic County Institute of TechnologyMays Landing, NJUnrestricted$1k
Belmar St Patrick's Day Parade CommitteeBelmar, NJUnrestricted$1k
Ed Perugini '64 Memorial FundRichland, NJUnrestricted$1k
Sustainable Egg HarborEgg Harbor City, NJUnrestricted$1k
The Donny FundEgg Harbor Township, NJUnrestricted$1k
Holy Spirit High SchoolAbsecon, NJUnrestricted$800
American LegionIndianapolis, INUnrestricted$500
Chief Arthur Brown Jr Memorial Scholarship FoundationAtlantic City, NJUnrestricted$500
Matthew Bee MemorialEgg Harbor City, NJUnrestricted$500
Shirley Mae Breast Cancer Assistance FundMargate City, NJUnrestricted$500
Egg Harbor Township High SchoolNorthfield, NJUnrestricted$250
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Gormley Family Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$3k
$115k
2023
$124k
$106k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

Gormley Family Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about Gormley Family Foundation Inc

What are Gormley Family Foundation Inc's revenue and expenses?

In 2024, Gormley Family Foundation Inc reported $124k in total revenue and $106k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.