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Galashiels Fund Ltd is a private corporation based in SARASOTA, FL. The foundation received its IRS ruling in 1988. The principal officer is Keith W Colburn. It holds total assets of $150.6M. Annual income is reported at $26.5M. Total assets have grown from $94.3M in 2011 to $150.6M in 2024. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Illinois, New York and District of Columbia. According to available records, Galashiels Fund Ltd has made 55 grants totaling $57.6M, with a median grant of $1M. The foundation has distributed between $14.3M and $27.3M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $27.3M distributed across 26 grants. Individual grants have ranged from $100K to $5M, with an average award of $1M. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Illinois, Virginia, Indiana, which account for 38% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100K
Median Grant
$750K
Average Grant
$892K
Largest Grant
$3.1M
Based on 16 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.
Galashiels Fund Ltd is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in IL, VA, IN.
Galashiels Fund Ltd has distributed a total of $57.6M across 55 grants. The median grant size is $1M, with an average of $1M. Individual grants have ranged from $100K to $5M.
Galashiels Fund Ltd typically selects its grantees rather than accepting unsolicited proposals.
Galashiels Fund Ltd is headquartered in SARASOTA, FL. While based in FL, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Betsy P Colburn | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Andrea K Mayes | ASSISTANT TREASURER | $0 | $0 | N/A |
| David T Bradford | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Keith W Colburn | PRES/TREASURER/DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$150.6M
Fair Market Value
N/A
Net Worth
$150.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
55
Total Giving
$57.6M
Average Grant
$1M
Median Grant
$1M
Unique Recipients
21
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community FoundationANNUAL SUPPORT | Louisville, KY | $500K | 2023 |
| Institute For JusticeANNUAL SUPPORT | Arlington, VA | $5M | 2023 |
| World Bicycle ReliefANNUAL SUPPORT | Chicago, IL | $2.5M | 2023 |
| Geo Academies IncANNUAL SUPPORT | Indianapolis, IN | $2M | 2023 |
| Holy Family MinistriesANNUAL SUPPORT | Northbrook, IL | $1.2M | 2023 |
| Wild Tomorrow FundANNUAL SUPPORT | New York, NY | $1.1M | 2023 |
| Cato InstituteANNUAL SUPPORT | Washington, DC | $1M | 2023 |
| Challenged Athletes FoundationENDOWMENT AND ANNUAL SUPPORT | San Diego, CA | $1M | 2023 |
| Robert Louis Stevenson SchoolANNUAL SUPPORT | Sarasota, FL | $1M | 2023 |
| House Institute FoundationANNUAL SUPPORT | Los Angeles, CA | $250K | 2023 |
| Rails To Trails ConservancyANNUAL SUPPORT | Washington, DC | $250K | 2023 |
| Crohn'S & Colitis Foundation Of America IncANNUAL SUPPORT | New York, NY | $100K | 2023 |
| Icahn School Of Medicine At Mount SinaiANNUAL SUPPORT | New York, NY | $100K | 2023 |
| American Federation For Children Growth FundANNUAL SUPPORT | Washington, DC | $250K | 2022 |
| Beginning With Children FoundationANNUAL SUPPORT | Brooklyn, NY | $250K | 2022 |
| Row New York IncANNUAL SUPPORT | New York, NY | $150K | 2022 |
| Shirley Ryan AbilitylabANNUAL SUPPORT IN MEMORY OF JOAN SMITH | Chicago, IL | $1.5M | 2021 |
| Cristo Rey Jesuit High SchoolENDOWMENT AND ANNUAL SUPPORT | Chicago, IL | $1.3M | 2021 |
| Learn Charter School NetworkENDOWMENT | Chicago, IL | $1M | 2021 |
| A Better ChicagoANNUAL SUPPORT | Chicago, IL | $500K | 2021 |
| Chicago Training CenterPROGRAM SUPPORT | Chicago, IL | $275K | 2021 |