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Gcagr Foundation Inc. is a private corporation based in LOUISVILLE, KY. The foundation received its IRS ruling in 2016. The principal officer is Gary D Russell. It holds total assets of $362K. Annual income is reported at $133K. Total assets have grown from $100K in 2015 to $364K in 2023. The foundation is governed by 3 officers and trustees. 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 2020 to 2023. The foundation primarily funds organizations in Kentucky and Tennessee. According to available records, Gcagr Foundation Inc. has made 39 grants totaling $109K, with a median grant of $2K. The foundation has distributed between $21K and $44K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $44K distributed across 14 grants. Individual grants have ranged from $500 to $5K, with an average award of $3K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Kentucky and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 8 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.
Gcagr Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in KY, TN.
Gcagr Foundation Inc. has distributed a total of $109K across 39 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $5K.
Gcagr Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gcagr Foundation Inc. is headquartered in LOUISVILLE, KY. While based in KY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary D Russell | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Cindy Russell | SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Audrey C Russell | TREASURER & DIRECTOR | $0 | $0 | N/A |
Total Giving
$29K
Total Assets
$364K
Fair Market Value
$364K
Net Worth
$364K
Grants Paid
$22K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$18K
Total: N/A
Total Grants
39
Total Giving
$109K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
13
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyFUND FOR UK | Lexington, KY | $1K | 2022 |
| St Jude Children'S Research HospitalGENERAL OPERATIONS | Memphis, TN | $5K | 2023 |
| Saint Xavier High SchoolGENERAL OPERATIONS | Louisville, KY | $4K | 2023 |
| Sacred Heart SchoolsGENERAL OPERATIONS | Louisville, KY | $4K | 2023 |
| Twisted PinkGENERAL OPERATIONS | Louisville, KY | $3K | 2023 |
| Vips (Visually Impaired Preschool Services)GENERAL OPERATIONS | Louisville, KY | $3K | 2023 |
| Saint Margaret Mary Catholic CommunityGENERAL OPERATIONS | Louisville, KY | $2K | 2023 |
| Kentucky Humane SocietyGENERLA OPERATIONS | Louisville, KY | $1K | 2023 |
| Little Way Pregnacy Resource CenterGENERAL OPERATIONS | Louisville, KY | $1K | 2021 |
| Sacred Heart AcademyTENNIS TEAM | Louisville, KY | $1K | 2021 |
| Vips (Visually Imparied Preschool Services)GENERAL OPERATIONS | Louisville, KY | $5K | 2020 |
| Louisville Metro Police FoundationGENERAL OPERATIONS | Louisville, KY | $5K | 2020 |
| Boy Scouts Of America Lincoln Heritage CouncilGENERAL OPERATIONS | Louisville, KY | $1K | 2020 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY