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Maryland · Nonprofit

GILMAN SCHOOL INCORPORATED

GILMAN SCHOOL INCORPORATED (Maryland) receives grants from 118 organizations whose IRS filings report $16,730,363 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,887,151). 96 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$80M
Funders on record
118
Grants received
$17M
Net assets
$262M
96/118 repeat funderspeak grant-dependency 5%
01What it does

What Gilman School Incorporated does

Mission

Gilman school is a diverse community dedicated to educating boys in mind, body and spirit through particular emphasis upon academic excellence, athletic participation and aesthetic appreciation. Gilman seeks to produce men of character and integrity who have the skills and ability to make a positive contribution to the communities in which they live and work.

As stated on its FY2025 Form 990.

Program

  1. Providing education for approximately 1,000 students of the lower, middle and upper grades (pre-k through 12).

    $38,458,359 spentof which $7,459,773 as grants$37,873,112 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $38,458,359.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($55M) Expenses 100 ($34M) Net assets 100 ($175M)2018 Revenue 100 ($55M) Expenses 115 ($40M) Net assets 109 ($191M)2019 Revenue 82 ($45M) Expenses 125 ($43M) Net assets 110 ($193M)2020 Revenue 69 ($38M) Expenses 132 ($45M) Net assets 106 ($186M)2021 Revenue 106 ($59M) Expenses 131 ($45M) Net assets 136 ($239M)2022 Revenue 111 ($61M) Expenses 131 ($45M) Net assets 127 ($223M)2023 Revenue 101 ($56M) Expenses 139 ($48M) Net assets 134 ($235M)2024 Revenue 100 ($56M) Expenses 145 ($50M) Net assets 137 ($240M)2025 Revenue 145 ($80M) Expenses 154 ($53M) Net assets 149 ($262M)
'17'18'19'20'21'22'23'24'25
Revenue (145)Expenses (154)Net assets (149)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $239M to $284M (+19%).

$219M
$234M
$239M
$239M
$284M
$266M
$277M
$283M
$304M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 7%. Grants only. Government contracts and fees sit inside program revenue.

11% of GILMAN SCHOOL INCORPORATED’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$21M
’17
$16M
’18
$2.4M
’19
−$7.3M
’20
$14M
’21
$16M
’22
$8.1M
’23
$5.6M
’24
$27M
’25
1.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed535657555553504646
Joined·+8+11+7+7+5+7+8+10
No longer listed·510977101210
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 39 funders to 57 funders, grant income fell $1.9M → $1.9M.

22 of 118 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GILMAN SCHOOL INCORPORATED’s funders (the co-funder graph). Top 30 of 118 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GILMAN SCHOOL INCORPORATED has a broad base — no single funder exceeds 17% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GILMAN SCHOOL INCORPORATED.

17%
largest funder
44%
top three
~12
effective funders

Largest funder’s share by year: 2017 32% · 2018 35% · 2019 34% · 2020 26% · 2021 18% · 2022 35% · 2023 27% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

62% of GILMAN SCHOOL INCORPORATED's funders are still giving 3 years after their first grant; 81% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

55% of GILMAN SCHOOL INCORPORATED's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $7.5M that is directly attributable, 57% of it comes from funders outside Maryland, across 20 states.

IL
WI
NY
MA
OR
OH
PA
NJ
CT
CA
UT
CO
MO
VA
MD
DE
NC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $9.3M arriving through sponsors registered in 16 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GILMAN SCHOOL INCORPORATED runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin34% · top quartile
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like GILMAN SCHOOL INCORPORATED

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 25%Fundraising 2%

Governance

35
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MD

Part of a family of 1 related entity

  • Roland Northern Bridge Company · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GILMAN SCHOOL INCORPORATED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GILMAN SCHOOL INCORPORATED?
GILMAN SCHOOL INCORPORATED (Maryland) receives grants from 118 organizations whose IRS filings report $16,730,363 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,887,151). 96 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does GILMAN SCHOOL INCORPORATED have?
IRS filings report 118 organizations giving $16,730,363 in grants to GILMAN SCHOOL INCORPORATED, 96 of which have funded it in more than one year.
Who is the largest funder of GILMAN SCHOOL INCORPORATED?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,887,151 in grants. The full list of funders is on this page.
How can an organization like GILMAN SCHOOL INCORPORATED find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Gilman School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 118 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing