David Gambrell Endowment Fund Inc

Private foundation · Grantmaker Greensboro, NC EIN: 58-2144847

David Gambrell Endowment Fund Inc is a private foundation, based in Greensboro, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $649K in total assets. In 2024, it awarded 5 grants totaling $11K. Net investment income was $18K.

David Gambrell Endowment Fund Inc at a glance

In short: David Gambrell Endowment Fund Inc gave $11K across 5 grants in 2024 (avg $2K), mostly in Georgia. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$11,250
+21.6% vs 2023
Grants made (2024)
5
+25.0% vs 2023
Average grant
$2,250
-2.7% vs 2023
Median grant
$2,500
Total assets
$649,121
+1.0% vs 2023
Primary geography
Georgia (98% 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 David Gambrell Endowment Fund Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Sunshine House: $5KSunshine House$5KGa Hi-Lo Trail: $3KGa Hi-Lo Trail$3KOgeechee Riverkeeper: $3KOgeechee Riverkeeper$3KEast Ga State College Fnd: $1KEast Ga State College Fnd$1KMagnolia Cemetary Trust: $250Magnolia Cemetary Trust$250

The largest 2024 recipient was Sunshine House ($5K). Together the top 5 received $11K.

Grant Size Distribution

31 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 31 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

AtlantaSwainsboroCharlestonSavannahMaconMariettaMiamiNorcrossSandersville

How David Gambrell Endowment Fund Inc gives

  • Giving grew 114% from 2021 to 2024. Method
  • In 2024 it paid out 37% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$25K$50K$75K$100K16 grants2020 2 grants2021 4 grants2022 4 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $5K (2021) to $83K (2020). In 2024 it made 5 grants totaling $11K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Sunshine House Swainsboro, GAGeneral Operating Support$5,000
Ga Hi-Lo Trail Sandersville, GAGeneral Operating Support$2,500
Ogeechee Riverkeeper Savannah, GAGeneral Operating Support$2,500
East Ga State College Fnd Swainsboro, GAGeneral Operating Support$1,000
Magnolia Cemetary Trust Charleston, SCGeneral Operating Support$250
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$649,121$17,731$11,383$11,2505$11,250$17,598$30,443
2023$642,773$28,383$13,646$9,2504$11,375$26,112$30,576
2022$628,036$7,991$19,801$15,2504$17,525$5,841$31,572
2021$650,324$6,481$39,240$5,2502$36,713$3,954$33,200
2020$683,083$24,698$116,060$82,75016—$21,542$36,512

Under IRS private-foundation payout rules, David Gambrell Endowment Fund Inc reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

David Gambrell Endowment Fund Inc is led by G. Henry Gambrell Jr., President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • G. Henry Gambrell Jr.

    President

    On filings since 2021

    No compensation reported

  • Michael M. Smith

    Secretary

    On filings since 2020

    No compensation reported

  • Luck Davidson

    Foundation Manager

    On filings since 2021

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: David H. Gambrell (2020) — Foundation Manager

Data from IRS Form 990 filings, 2020–2024. "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 David Gambrell Endowment Fund Inc

How much does David Gambrell Endowment Fund Inc give each year?

David Gambrell Endowment Fund Inc gave $11K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $9K across 4 grants.

What is David Gambrell Endowment Fund Inc's typical grant size?

David Gambrell Endowment Fund Inc's median grant in 2024 was $2,500, and its average grant was $2,250, across 5 grants on its 2024 IRS Form 990-PF.

Where does David Gambrell Endowment Fund Inc give grants?

David Gambrell Endowment Fund Inc gives mostly in Georgia: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Swainsboro, GA (2 grants).

Does David Gambrell Endowment Fund Inc give general operating support?

Yes: 100% of David Gambrell Endowment Fund Inc's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are David Gambrell Endowment Fund Inc's largest grantees?

David Gambrell Endowment Fund Inc's largest 2024 grantees include Sunshine House ($5,000), Ga Hi-Lo Trail ($2,500) and Ogeechee Riverkeeper ($2,500), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.

How large is David Gambrell Endowment Fund Inc?

David Gambrell Endowment Fund Inc reported $649K in total assets on its 2024 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is David Gambrell Endowment Fund Inc's EIN?

David Gambrell Endowment Fund Inc's EIN (Employer Identification Number) is 58-2144847. IRS Form 990 filing data is available on this page for 2020–2024.

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

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from David Gambrell Endowment Fund 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.

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