David Gambrell Endowment Fund Inc
David Gambrell Endowment Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Key facts about David Gambrell Endowment Fund Inc
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.
- EIN
- 58-2144847
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $11,250
- Grants made (2024)
- 5
- Average grant
- $2,250
- Median grant
- $2,500
- Total assets
- $649,121
- Primary geography
- Georgia (98% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$649K
+1.0% YoY
Annual Giving
$11K
+21.6% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$2K
-2.7% YoY
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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SUNSHINE HOUSE Swainsboro, GA | GENERAL OPERATING SUPPORT | $5,000 |
| GA HI-LO TRAIL Sandersville, GA | GENERAL OPERATING SUPPORT | $2,500 |
| OGEECHEE RIVERKEEPER Savannah, GA | GENERAL OPERATING SUPPORT | $2,500 |
| EAST GA STATE COLLEGE FND Swainsboro, GA | GENERAL OPERATING SUPPORT | $1,000 |
| MAGNOLIA CEMETARY TRUST Charleston, SC | GENERAL OPERATING SUPPORT | $250 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $649,121 | $642,773 | $628,036 |
| Revenue | $17,731 | $28,383 | $7,991 |
| Expenses | $11,383 | $13,646 | $19,801 |
| Qualifying Distributions | $11,250 | $11,375 | $17,525 |
| Net Investment Income | $17,598 | $26,112 | $5,841 |
| Distributable Amount | $30,443 | $30,576 | $31,572 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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).
What is David Gambrell Endowment Fund Inc?
David Gambrell Endowment Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greensboro, NC. It holds $649K in total assets as of 2024.
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.
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