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Gorrell Family Foundation Inc. is a private corporation based in GREENSBORO, NC. The foundation received its IRS ruling in 1998. The principal officer is Sally Kuratnick. It holds total assets of $4M. Annual income is reported at $315K. Total assets have grown from $1.2M in 2011 to $4M in 2023. The foundation is governed by 2 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 2016 to 2023. The foundation primarily funds organizations in Virginia and North Carolina. According to available records, Gorrell Family Foundation Inc. has made 70 grants totaling $1.1M, with a median grant of $10K. Annual giving has grown from $246K in 2020 to $600K in 2022. Individual grants have ranged from $854 to $52K, with an average award of $16K. The foundation has supported 25 unique organizations. Grants have been distributed to organizations in North Carolina and Virginia and New Hampshire. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$15K
Largest Grant
$50K
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.
Gorrell Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in NC, VA, NH.
Gorrell Family Foundation Inc. has distributed a total of $1.1M across 70 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $854 to $52K.
Gorrell Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gorrell Family Foundation Inc. is headquartered in GREENSBORO, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Cratch | PRESIDENT | $0 | $0 | N/A |
| Mary Gorrell Jones | TREASURER | $0 | $0 | N/A |
Total Giving
$365K
Total Assets
$4M
Fair Market Value
$5.8M
Net Worth
$4M
Grants Paid
$300K
Contributions
N/A
Net Investment Income
$120K
Distribution Amount
$267K
Total: $1.1M
Total Grants
70
Total Giving
$1.1M
Average Grant
$16K
Median Grant
$10K
Unique Recipients
25
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace United Methodist ChurchGENERAL PURPOSE SUPPORT | Greensboro, NC | $25K | 2022 |
| The NickGENERAL PURPOSE SUPPORT | Wolfeboro, NH | $5K | 2021 |
| Sanctuary HouseGENERAL PURPOSE SUPPORT | Greensboro, NC | $50K | 2022 |
| West Market Street United Methodist ChurchGENERAL PURPOSE SUPPORT | Greensboro, NC | $50K | 2022 |
| Cone HealthGENERAL PURPOSE SUPPORT | Greensboro, NC | $30K | 2022 |
| Childsavers Of RichmondGENERAL PURPOSE SUPPORT | Richmond, VA | $20K | 2022 |
| Greensboro Day SchoolGENERAL PURPOSE SUPPORT | Greensboro, NC | $20K | 2022 |
| James River CenterGENERAL PURPOSE SUPPORT | Richmond, VA | $20K | 2022 |
| Preservation Greensboro IncorporatedGENERAL PURPOSE SUPPORT | Greensboro, NC | $20K | 2022 |
| Wolfeboro Public Library FoundationGENERAL PURPOSE SUPPORT | Wolfeboro, NH | $10K | 2022 |
| Anna Julia Cooper SchoolGENERAL PURPOSE SUPPORT | Richmond, VA | $10K | 2022 |
| Kind CooperativeGENERAL PURPOSE SUPPORT | Wolfeboro, NH | $9K | 2022 |
| The Cross-Over Ministry IncGENERAL PURPOSE SUPPORT | Richmond, VA | $8K | 2022 |
| Kingswood Youth CenterGENERAL PURPOSE SUPPORT | Wolfeboro, NH | $8K | 2022 |
| End 68 Hours Of HungerGENERAL PURPOSE SUPPORT | Wolfeboro Falls, NH | $6K | 2022 |
| The DoorwaysGENERAL PURPOSE SUPPORT | Richmond, VA | $5K | 2022 |
| Camp ReachGENERAL PURPOSE SUPPORT | Greensboro, NC | $5K | 2022 |
| Peter PaulGENERAL PURPOSE SUPPORT | Richmond, VA | $3K | 2022 |
| Jackson Field HomesGENERAL PURPOSE SUPPORT | Jarratt, VA | $2K | 2022 |
| Happe Dog Rescue & AdoptionGENERAL PURPOSE SUPPORT | Richmond, VA | $1K | 2022 |
| Greensboro Science CenterGENERAL PURPOSE SUPPORT | Greensboro, NC | $20K | 2021 |
| St Andrew'S SchoolGENERAL PURPOSE SUPPORT | Richmond, VA | $10K | 2021 |