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The Gelvin Foundation is a private corporation based in EUFAULA, OK. The foundation received its IRS ruling in 1994. The principal officer is Lyle M Gelvin. It holds total assets of $9.2M. Annual income is reported at $2.1M. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Oklahoma. According to available records, The Gelvin Foundation has made 309 grants totaling $1.9M, with a median grant of $5K. Annual giving has grown from $428K in 2020 to $1.1M in 2022. Individual grants have ranged from $1K to $38K, with an average award of $6K. The foundation has supported 123 unique organizations. Grant recipients are concentrated in Oklahoma. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$35K
Based on 75 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.
The Gelvin Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 309 grants. Its grantmaking reaches organizations primarily in OK.
The Gelvin Foundation has distributed a total of $1.9M across 309 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $1K to $38K.
The Gelvin Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is SEE STATEMENT. See statement.
The Gelvin Foundation is headquartered in EUFAULA, OK.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Therese Starr | PRESIDENT | $42K | $0 | $42K |
| Terry Doverspike | CHIEF EXECUTIVE OFFICE | $42K | $0 | $42K |
Total Giving
$581K
Total Assets
$7.1M
Fair Market Value
$11.2M
Net Worth
$7.1M
Grants Paid
$467K
Contributions
N/A
Net Investment Income
$274K
Distribution Amount
$503K
Total: $4.5M
Total Grants
309
Total Giving
$1.9M
Average Grant
$6K
Median Grant
$5K
Unique Recipients
123
Most Common Grant
$5K
of 2022 grantees were first-time recipients
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.