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The Gfc Foundation is a private corporation based in PLEASANT GRV, UT. The foundation received its IRS ruling in 1994. The principal officer is Stanford Swim. It holds total assets of $14M. Annual income is reported at $3.4M. Total assets have decreased from $30M in 2011 to $14.7M in 2023. The foundation is governed by 3 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. Funding is distributed across 4 states, including Virginia, Utah, District of Columbia. According to available records, The Gfc Foundation has made 4 grants totaling $1.7M, with a median grant of $91K. Individual grants have ranged from $1K to $1.5M, with an average award of $413K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Utah and Virginia and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$390
Median Grant
$3K
Average Grant
$130K
Largest Grant
$1.2M
Based on 10 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 Gfc Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in UT, VA, DC.
The Gfc Foundation has distributed a total of $1.7M across 4 grants. The median grant size is $91K, with an average of $413K. Individual grants have ranged from $1K to $1.5M.
The Gfc Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Gfc Foundation is headquartered in PLEASANT GRV, UT. While based in UT, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brent Mckinley | DIRECTOR | $15K | $0 | $15K |
| Lauralyn B Swim | PRESIDENT | $0 | $0 | N/A |
| Michale Ware | SECRETARY | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$14.7M
Fair Market Value
$15.7M
Net Worth
$14.7M
Grants Paid
$1.2M
Contributions
N/A
Net Investment Income
$383K
Distribution Amount
$758K
Total: N/A
Total Grants
4
Total Giving
$1.7M
Average Grant
$413K
Median Grant
$91K
Unique Recipients
4
Most Common Grant
$1.5M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sutherland InstituteGENERAL PURPOSE | Salt Lake City, UT | $1.5M | 2022 |
| American Heritage SchoolGENERAL PURPOSE | American Fork, UT | $163K | 2022 |
| Institute For Family StudiesGENERAL PURPOSE | Charlottesville, VA | $20K | 2022 |
| Philanthropy RoundtableGENERAL PURPOSE | Washington, DC | $1K | 2022 |