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.
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.
About David Gambrell Endowment Fund Inc
Based on IRS filings
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.
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 | $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 |
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
Among its reported 2024 grants, the largest include Sunshine House ($5,000), Ga Hi-lo Trail ($2,500), Ogeechee Riverkeeper ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| GA HI-LO TRAIL SANDERSVILLE, GA | GENERAL OPERATING SUPPORT | $2,500 |
| SUNSHINE HOUSE SWAINSBORO, GA | GENERAL OPERATING SUPPORT | $5,000 |
| MAGNOLIA CEMETARY TRUST CHARLESTON, SC | GENERAL OPERATING SUPPORT | $250 |
| OGEECHEE RIVERKEEPER SAVANNAH, GA | GENERAL OPERATING SUPPORT | $2,500 |
| EAST GA STATE COLLEGE FND SWAINSBORO, GA | GENERAL OPERATING SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LUCK DAVIDSON | FOUNDATION MANAGER | 2 | — |
| MICHAEL M SMITH | SECRETARY | — | — |
| G HENRY GAMBRELL JR | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is David Gambrell Endowment Fund Inc?
As of 2024, David Gambrell Endowment Fund Inc holds $649K in total assets with $18K in annual revenue. It awarded 5 grants totaling $11K in 2024.
Where does David Gambrell Endowment Fund Inc operate?
David Gambrell Endowment Fund Inc has awarded grants in Florida, Georgia, South Carolina.
What size grants does David Gambrell Endowment Fund Inc award?
In 2024, David Gambrell Endowment Fund Inc awarded 5 grants totaling $11K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is David Gambrell Endowment Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, David Gambrell Endowment Fund Inc reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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