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Guy Grove Family Foundation is a private corporation based in STILLWATER, MN. The foundation received its IRS ruling in 2003. The principal officer is Thomas Grove. It holds total assets of $7M. Annual income is reported at $3.7M. Total assets have grown from $2.1M in 2011 to $7.8M in 2022. The foundation is governed by 5 officers and trustees. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Guy Grove Family Foundation has made 12 grants totaling $313K, with a median grant of $25K. The foundation has distributed between $155K and $158K annually from 2021 to 2022. Individual grants have ranged from $10K to $50K, with an average award of $26K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Minnesota, Illinois, Florida, which account for 75% of all grants. Grantmaking reaches organizations across 5 states. 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.
Guy Grove Family Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MN, IL, FL.
Guy Grove Family Foundation has distributed a total of $313K across 12 grants. The median grant size is $25K, with an average of $26K. Individual grants have ranged from $10K to $50K.
Guy Grove Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Guy Grove Family Foundation is headquartered in STILLWATER, MN. While based in MN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas A Grove | PRESIDENT | $0 | $0 | N/A |
| James B Grove | VICE-PRESIDENT | $0 | $0 | N/A |
| Amy E Grove | TREAS AND SEC | $0 | $0 | N/A |
| David E Grove | VICE-PRESIDENT | $0 | $0 | N/A |
| Jacqueline Grove | VICE-PRESIDENT | $0 | $0 | N/A |
Total Giving
$425K
Total Assets
$7.8M
Fair Market Value
$9.9M
Net Worth
$7.8M
Grants Paid
$389K
Contributions
$5.9M
Net Investment Income
$82K
Distribution Amount
$329K
Total: $7.7M
Total Grants
12
Total Giving
$313K
Average Grant
$26K
Median Grant
$25K
Unique Recipients
9
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nph UsaSUPPORT ORPHANS | Chicago, IL | $50K | 2022 |
| Tapemark Charity Pro-AmSUPPORT PEOPLE LIVING WITH DISABILITIES | West St Paul, MN | $30K | 2022 |
| St Jude Childrens ResearchSUPPORT CHILDREN WITH ILLNESSES | Memphis, TN | $25K | 2022 |
| Shriners Hospital For ChildrenSUPPORT LIFE CHANGING CARE FOR CHILDREN | Tampa, FL | $25K | 2022 |
| Eagle Brook ChruchSUPPORT CHURCH ACTIVITIES | Centerville, MN | $25K | 2022 |
| Eagle Brook ChurchSUPPORT CHURCH ACTIVITIES | Centerville, MN | $25K | 2021 |
| Shriners Hospitals For ChildrenSUPPORT LIFE CHANGING CARE FOR CHILDREN | Tampa, FL | $25K | 2021 |
| Union Gospel MissionSUPPORT PEOPLE WITH MENTAL AND LIFE CHALLENGES | St Paul, MN | $25K | 2021 |
| HopecamSUPPORT CHILDREN WITH CANCER | Reston, VA | $10K | 2021 |