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Also known as: FAMILY FOUNDATION INC
Gary V And Janet R Townsend Family Foundation Inc. is a private corporation based in MUNCIE, IN. The foundation received its IRS ruling in 2022. The principal officer is % Michelle Molin. It holds total assets of $2.7M. Annual income is reported at $945K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Gary V And Janet R Townsend Family Foundation Inc. has made 58 grants totaling $394K, with a median grant of $2K. Annual giving has grown from $7K in 2020 to $138K in 2023. Grantmaking activity was highest in 2022 with $189K distributed across 14 grants. Individual grants have ranged from $500 to $40K, with an average award of $7K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in Indiana, Illinois, Texas, which account for 62% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Gary V And Janet R Townsend Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in IN, IL, TX.
Gary V And Janet R Townsend Family Foundation Inc. has distributed a total of $394K across 58 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $500 to $40K.
Gary V And Janet R Townsend Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gary V And Janet R Townsend Family Foundation Inc. is headquartered in MUNCIE, IN. While based in IN, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Michael Mcclure | CFO & TREASURER | $0 | $0 | $0 |
| Phillip Chambers | EXECUTIVE CHAIRPERSON | $0 | $0 | $0 |
| Amy Townsend | CEO & EXECUTIVE DIRECTOR | $0 | $0 | $0 |
| Michelle Molin | CHIEF LEGAL & SECRETARY | $0 | $0 | $0 |
Total Giving
$159K
Total Assets
$2.8M
Fair Market Value
$2.9M
Net Worth
$2.8M
Grants Paid
$138K
Contributions
$0
Net Investment Income
$59K
Distribution Amount
$141K
Total: $567K
Total Grants
58
Total Giving
$394K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
51
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Peary Wilemon National Cotton Ginners Scholarship FoundationGENERAL SUPPORT | Cordova, TN | $1K | 2021 |
| American Heart AssociationGENERAL SUPPORT | Dallas, TX | $40K | 2023 |
| Breast Cancer Research FoundationGENERAL SUPPORT | New York, NY | $40K | 2023 |
| Ymca Of Muncie InCAPITAL CAMPAIGN - NEW BUILDING | Muncie, IN | $40K | 2023 |
| Alex'S Lemonade Stand FoundationGENERAL SUPPORT |
| Wynnewood, PA |
| $5K |
| 2023 |
| Muncie Animal Care And Services (Via The Community Foundation Of Muncie & DGENERAL SUPPORT | Muncie, IN | $3K | 2023 |
| Second Harvest Foodbank Of East Central IndianaGENERAL SUPPORT | Muncie, IN | $3K | 2023 |
| Covenant Partners MinistriesGENERAL SUPPORT | Muncie, IN | $3K | 2023 |
| Wes-Del Community SchoolsDONATION TO STEM CLUB | Gaston, IN | $3K | 2023 |
| Ymca Of MuncieGENERAL SUPPORT | Muncie, IN | $40K | 2022 |
| Ronald Mcdonald House Charities IncGENERAL SUPPORT | Chicago, IL | $20K | 2022 |
| Alzheimer'S AssociationGENERAL SUPPORT | Chicago, IL | $20K | 2022 |
| Boys And Girls Club Of Delaware CountyGENERAL SUPPORT | Muncie, IN | $4K | 2022 |
| Muncie MissionGENERAL SUPPORT | Muncie, IN | $4K | 2022 |
| Ymca Of Central IndianaGENERAL SUPPORT | Indianapolis, IN | $4K | 2022 |
| Wes-Del Community Schools Stem ClubGENERAL SUPPORT | Gaston, IN | $3K | 2022 |
| Bryson Funeral HomeEMPLOYEE - EMERGENCY ASSISTANCE | Pilot Knob, MO | $10K | 2021 |
| Michael J Fox Foundation For Parkinson'S ResearchGENERAL SUPPORT | Hagerstown, MD | $4K | 2021 |
| Rescare Human ServicesGENERAL SUPPORT | Fort Wayne, IN | $3K | 2021 |
| Secret FamiliesGENERAL SUPPORT | Muncie, IN | $3K | 2021 |
| United Way Of The New River ValleyGENERAL SUPPORT | Christiansburg, VA | $2K | 2021 |
| Children'S Miracle Network Of Greater St LouisGENERAL SUPPORT | Manchester, MO | $2K | 2021 |
| Ronald Mcdonald House Charities Of North CarolinaGENERAL SUPPORT | Raleigh, NC | $2K | 2021 |
| Wonders & WorriesGENERAL SUPPORT | Austin, TX | $2K | 2021 |
| North Georgia Community FoundationGENERAL SUPPORT | Gainesville, GA | $2K | 2021 |
| Jane GibsonEMPLOYEE - EMERGENCY ASSISTANCE | Henryville, IN | $2K | 2021 |
| CornerstonesGENERAL SUPPORT | Reston, VA | $2K | 2021 |
| Delaware Countymuncie EmsEMPLOYEE - EMERGENCY ASSISTANCE | Indianapolis, IN | $2K | 2021 |
| Heart To Heart International FoundationGENERAL SUPPORT | Lenexa, KS | $1K | 2021 |
| City Life CenterGENERAL SUPPORT | Gary, IN | $1K | 2021 |
| Hvaf Of IndianaGENERAL SUPPORT | Indianapolis, IN | $1K | 2021 |
| Student Impact Of WestfieldGENERAL SUPPORT | Westfield, IN | $1K | 2021 |
| Second HelpingsGENERAL SUPPORT | Indianapolis, IN | $1K | 2021 |
| Prince Of Peace CenterGENERAL SUPPORT | Farrell, PA | $1K | 2021 |
| Akron Children'S Hospital FoundationGENERAL SUPPORT | Akron, OH | $1K | 2021 |
| National Casagal AssociationGENERAL SUPPORT | Seattle, WA | $1K | 2021 |
| Boys & Girls Club Of NoblesvilleGENERAL SUPPORT | Noblesville, IN | $1K | 2021 |
| Wvu Medicine'S Children'SGENERAL SUPPORT | Morgantown, WV | $1K | 2021 |
| Bark Animal RescueGENERAL SUPPORT | Greenville, OH | $1K | 2021 |
| A Better Way ServicesGENERAL SUPPORT | Muncie, IN | $1K | 2021 |
| Indiana Donor Network FoundationGENERAL SUPPORT | Indianapolis, IN | $1K | 2021 |
| A Better Life - Brianna'S HopeGENERAL SUPPORT | Portland, IN | $1K | 2021 |
| Animal Rescue Fund MuncieGENERAL SUPPORT | Muncie, IN | $1K | 2021 |
| Habitat For Humanity Of The Eastern PanhandleGENERAL SUPPORT | Martinsburg, WV | $800 | 2021 |
| United Way Of Sullivan CountyGENERAL SUPPORT | Monticello, NY | $800 | 2021 |
| United Way Of Northern New JerseyGENERAL SUPPORT | Bridgewater, NJ | $800 | 2021 |
| The Side-Out FoundationGENERAL SUPPORT | Fairfax, VA | $800 | 2021 |
| St Jude Children'S Research HospitalGENERAL SUPPORT | Memphis, TN | $800 | 2021 |
| Christina HolmesEMPLOYEE - EMERGENCY ASSISTANCE | Ridgeville, IN | $500 | 2021 |
| Chris Tucker Memorial ScholarshipGENERAL SUPPORT | Red Oak, VA | $500 | 2021 |
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