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Grp Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2020. The principal officer is Foundation Source. It holds total assets of $1.6M. Annual income is reported at $1.6M. Total assets have grown from $243K in 2019 to $2.1M 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 2020 to 2023. According to available records, Grp Foundation has made 4 grants totaling $70K, with a median grant of $15K. Annual giving has grown from $30K in 2022 to $40K in 2023. Individual grants have ranged from $15K to $25K, with an average award of $18K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Tennessee and Illinois. 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.
Grp Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TN, IL.
Grp Foundation has distributed a total of $70K across 4 grants. The median grant size is $15K, with an average of $18K. Individual grants have ranged from $15K to $25K.
Grp Foundation typically selects its grantees rather than accepting unsolicited proposals.
Grp Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen Holt | Dir, Sec, Treas | $0 | $0 | N/A |
| Judy Oates-Holt | Dir, Pres | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$2.1M
Fair Market Value
$2.1M
Net Worth
$2.1M
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$61K
Distribution Amount
$101K
Total: $1.8M
Total Grants
4
Total Giving
$70K
Average Grant
$18K
Median Grant
$15K
Unique Recipients
3
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Family BridgesGeneral & Unrestricted | Oakbrook Ter, IL | $25K | 2023 |
| Love Squared Missions IncGeneral & Unrestricted | Franklin, TN | $15K | 2023 |
| Lee UniversityVoices of Lee Program | Cleveland, TN | $15K | 2022 |