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G And G Family Foundation is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2011. The principal officer is Carey E Heberton. It holds total assets of $2.2M. Annual income is reported at $375K. Total assets have grown from $505K in 2011 to $2.5M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in North Carolina. According to available records, G And G Family Foundation has made 20 grants totaling $895K, with a median grant of $10K. Annual giving has grown from $295K in 2020 to $390K in 2023. Individual grants have ranged from $500 to $390K, with an average award of $45K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$8K
Average Grant
$14K
Largest Grant
$50K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
G And G Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NC.
G And G Family Foundation has distributed a total of $895K across 20 grants. The median grant size is $10K, with an average of $45K. Individual grants have ranged from $500 to $390K.
G And G Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
G And G Family Foundation is headquartered in CHARLOTTE, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Graeme M Keith | co trustee | $0 | $0 | N/A |
Total Giving
$415K
Total Assets
$2.5M
Fair Market Value
$2.9M
Net Worth
$2.5M
Grants Paid
$390K
Contributions
$1.4M
Net Investment Income
$72K
Distribution Amount
$102K
Total: $2.1M
Total Grants
20
Total Giving
$895K
Average Grant
$45K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Davidson CollegeNaming Rights | Davidson, NC | $390K | 2023 |
| Billy Graham EvangelisticBilly Graham Archive and Research Center | Charlotte, NC | $50K | 2022 |
| Youth Commission InternationalEagle Awards Celebration | Charlotte, NC | $30K | 2022 |
| Good Fellows Club IncGeneral Purposes | Charlotte, NC | $25K | 2022 |
| United Way Of Central CarolinasGENERAL PURPOSES | Charlotte, NC | $10K | 2022 |
| With Open Eyes Foundation IncGeneral Purposes | Charlotte, NC | $5K | 2022 |
| Alexander Youth NetworkGENERAL PURPOSES | Charlotte, NC | $5K | 2022 |
| Greater Enrichment Program IncGeneral Purpose | Charlotte, NC | $2K | 2022 |
| Foundation For The CarolinasQueens Table Fund | Charlotte, NC | $1K | 2022 |
| Joni And FriendsGeneral Purpose | Matthews, NC | $500 | 2021 |
| Ymca Of Greater CharlotteGENERAL PURPOSES | Charlotte, NC | $167K | 2020 |
| Moment Of Hope Churchgeneral purposes | Charlotte, NC | $100K | 2020 |