127 Project INC
127 Project INC is a private foundation focused on religion, based in Stuart, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 3 grants totaling $22K.
127 Project INC at a glance
In short: 127 Project INC gave $22K across 3 grants in 2024 (avg $7K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $22,300
- -70.7% vs 2023
- Grants made (2024)
- 3
- +200.0% vs 2023
- Average grant
- $7,433
- -90.2% vs 2023
- Median grant
- $5,000
- Total assets
- $2,083
- +108.1% vs 2023
- Primary geography
- Florida (85% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who 127 Project INC funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Covenant Fellowship Baptist Church ($19K across 2 grants). Together the top 2 received $22K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How 127 Project INC gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $22K (2024) to $76K (2023). In 2024 it made 3 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Covenant Fellowship Baptist Church Stuart, FL | Building a Hope Home in India through Hopegivers International | $14,000 |
| Covenant Fellowship Baptist Church Stuart, FL | Construction of a church in South India | $5,000 |
| Hopegivers International Columbus, GA | Care of widowed pastor's wives | $3,300 |
Ready to take the next step with 127 Project INC?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $2,083 | $33,007 | $30,835 | $22,300 | 3 | $30,242 | $214 |
| 2023 | $1,001 | $80,828 | $81,713 | $76,000 | 1 | $80,686 | $261 |
| 2022 | $2,442 | $2,462 | $20 | — | — | — | $120 |
Under IRS private-foundation payout rules, 127 Project INC reported a distributable amount of $214 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
127 Project INC is led by Jay Holland, President since 2024 (on filings since 2022); none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jay Holland
President
President → Director, 2023
Director → President, 2024
On filings since 2022
5 hrs/week
No compensation reported
Brent Gibson
Director
On filings since 2022
No compensation reported
Craig Jochum
Director
On filings since 2022
No compensation reported
David Bruner
Director
On filings since 2022
No compensation reported
Emily Holland
Secretary
Secretary → Director, 2023
Director → Secretary, 2024
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about 127 Project INC
How much does 127 Project INC give each year?
127 Project INC gave $22K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $76K across 1 grant.
What is 127 Project INC's typical grant size?
127 Project INC's median grant in 2024 was $5,000, and its average grant was $7,433, across 3 grants on its 2024 IRS Form 990-PF.
Where does 127 Project INC give grants?
127 Project INC gives mostly in Florida: 85% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (15%). The most frequent recipient cities were Stuart, FL (2 grants).
Does 127 Project INC give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on 127 Project INC's 2024 IRS Form 990-PF were described as general or operating support.
How large is 127 Project INC?
127 Project INC reported $2K in total assets on its 2024 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $214 (roughly 5% of its investment assets).
What is 127 Project INC?
127 Project INC is a private foundation focused on religion, based in Stuart, FL. It holds $2K in total assets as of 2024.
What is 127 Project INC's EIN?
127 Project INC's EIN (Employer Identification Number) is 92-0617633. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work 127 Project INC funds
Religion Related Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in 127 Project INC's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Florida
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Believers Stewardship Services Inc
Dubuque, IA
Believers Stewardship Services (now Legacy Ministry Services) funds New Testament churches and associated ministries, with 2025 grants ranging from $5,450 to $984,991 and a median of $18,834. Its grants went to organizations in multiple states, with the largest shares in New Jersey, Indiana, Tennessee, Iowa, and Florida. The profile does not state whether it accepts unsolicited requests.
Assets
$24.2M
Grants
58
Total Given
$3.8M
Frank Shelton Global Inc
White Plains, MD
Frank Shelton Global supports Christian ministry, leadership and educational programs, and direct aid and relief, including help for people who are hungry, homeless, or otherwise in need. Listed 2020 gifts ranged from $300 to $1,168 and went to organizations in Georgia, Alabama, Delaware, and Virginia; its filings report no grants in 2022–2024. The profile does not state whether it accepts unsolicited requests.
Assets
$21K
Grants
98
Total Given
$30K
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Publix Super Markets Charities Inc
Lakeland, FL
Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for Northeast Florida Inc
Jacksonville, FL
The Community Foundation for Northeast Florida supports neighborhood strengthening, nonprofit capacity, education, older adults, the arts, and other community needs, primarily in Baker, Clay, Duval, Nassau, Putnam, and St. Johns counties. Its 2024 grants had a median of $5,000, while its Program Support grants offer up to $25,000; eligible nonprofits may apply to competitive programs, but donor-advised funds do not accept applications.
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
More similar funders
More Funders in Florida
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from 127 Project INC's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
127 Project INC down — hundreds of funders to go?