Albert R & Louise C Gillespie
Albert R & Louise C Gillespie is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 28 grants totaling $144K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-6.5% YoY
Annual Giving
$144K
+7.4% YoY
Grant Count
28
-9.7% YoY
Avg Grant Size
$5K
+18.9% YoY
Under IRS private-foundation payout rules, Albert R & Louise C Gillespie reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.
About Albert R & Louise C Gillespie
Based on IRS filings
Albert R & Louise C Gillespie is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 28 grants totaling $144K. Net investment income was $39K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,559,322 | $1,668,544 | $1,758,409 |
| Revenue | $70,514 | $78,554 | $72,181 |
| Expenses | $179,075 | $167,820 | $158,210 |
| Qualifying Distributions | $143,686 | $133,745 | $126,825 |
| Net Investment Income | $38,595 | $47,779 | $43,696 |
| Distributable Amount | $123,010 | $110,970 | $113,432 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ligonier Ministries ($41,966), Covenant Church Naples ($30,000), Family Research Council ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Ligonier Ministries Lake Mary, FL | Christian ministry | $41,966 |
| Mission to the World Lawrenceville, GA | To support World Missions. | $2,400 |
| Evangelism Explosion International Arden, NC | To spread the work of Christ. | $10,000 |
| Family Policy Foundation Colorado Spings, CO | To spread chrisian values across the country. | $1,000 |
| Family Research Council Washington, DC | To support public policy ministry in Washington DC. | $25,000 |
| American Values Merrifield, VA | To support the voice of Family, Faith, and Freedom. | $1,000 |
| Hillsdale College Hillsdale, MI | To support the work of the conservative Christian College in Hillsdale. | $1,000 |
| Samaritan's Purse Boone, NC | Assist traumtized survivors of the california wildfires | $2,000 |
| Map International Brunswick, GA | to serve medical needs of communities in desperate situations | $515 |
| Reformed University Fellowship Lawrenceville, GA | To support ministries studies | $3,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ritchie P Gillespie | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Albert R & Louise C Gillespie?
Albert R & Louise C Gillespie is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds $1.6M in total assets as of 2024.
How large is Albert R & Louise C Gillespie?
As of 2024, Albert R & Louise C Gillespie holds $1.6M in total assets with $71K in annual revenue. It awarded 28 grants totaling $144K in 2024.
Where does Albert R & Louise C Gillespie operate?
Albert R & Louise C Gillespie has awarded grants in Colorado, District of Columbia, Florida, Georgia, Idaho, Kentucky, Michigan, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Virginia.
What size grants does Albert R & Louise C Gillespie award?
In 2024, Albert R & Louise C Gillespie awarded 28 grants totaling $144K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Albert R & Louise C Gillespie required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert R & Louise C Gillespie reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Albert R & Louise C Gillespie's EIN?
Albert R & Louise C Gillespie's EIN (Employer Identification Number) is 54-6409031. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.