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Grateful Funds Inc. is a private corporation based in MIDLOTHIAN, VA. The foundation received its IRS ruling in 2021. It holds total assets of $783K. Annual income is reported at $464K. Total assets have grown from $43K in 2020 to $789K in 2023. The foundation is governed by 4 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. According to available records, Grateful Funds Inc. has made 5 grants totaling $32K, with a median grant of $5K. Annual giving has grown from $7K in 2022 to $25K in 2023. Individual grants have ranged from $3K to $10K, with an average award of $6K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Virginia and New Jersey. Contributions to this foundation are tax-deductible.
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.
Grateful Funds Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in VA, NJ.
Grateful Funds Inc. has distributed a total of $32K across 5 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $3K to $10K.
Grateful Funds Inc. typically selects its grantees rather than accepting unsolicited proposals.
Grateful Funds Inc. is headquartered in MIDLOTHIAN, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Montgomery Dise | DIRECTOR & PRESIDENT | $0 | $0 | N/A |
| Mary Lisa Dise | DIRECTOR & VICE PRESIDENT | $0 | $0 | N/A |
| Kimberly Kay Dise Trimble | SECRETARY | $0 | $0 | N/A |
| Donald Wayne Trimble | TREASURER | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$789K
Fair Market Value
$787K
Net Worth
$789K
Grants Paid
$25K
Contributions
$588K
Net Investment Income
$8K
Distribution Amount
$12K
Total: $219K
Total Grants
5
Total Giving
$32K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Als AssociationTO SUPPORT | Arlington, VA | $10K | 2023 |
| The Endowment Project FoundationTO SUPPORT ORGANIZATION'S MISSION | Richmond, VA | $10K | 2023 |
| East Coast Surfing Hall Of FameTO SUPPORT ORGANIZATION'S MISSION | Ashbury Park, NJ | $5K | 2023 |
| Midlothian Baptist ChurchDENTAL RESEARCH | Midlothian, VA | $3K | 2022 |