Edward C and Karen H Gardner Family Foundation Inc

ATHENS, GA EIN: 84-2027933

Edward C and Karen H Gardner Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATHENS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $732K in total assets. In 2024, it awarded 6 grants totaling $27K. Net investment income was $43K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$732K

+15.5% YoY

Annual Giving

$27K

+3.5% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$5K

-31.0% YoY

Under IRS private-foundation payout rules, Edward C and Karen H Gardner Family Foundation Inc reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About Edward C and Karen H Gardner Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $56K (47%)

Virginia $36K (30%)

Connecticut $17K (15%)

Tennessee $9K (8%)

States

Connecticut Georgia Tennessee Virginia

Cities

AthensAtlantaFairfieldMemphisNorcorssNorcrossVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$732,434	$634,222	$437,059
Revenue	$237,474	$226,908	$43,843
Expenses	$28,787	$27,993	$29,486
Qualifying Distributions	$27,250	$26,325	$27,950
Net Investment Income	$42,630	$25,170	$43,266
Distributable Amount	$40,961	$27,235	$26,318

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

21 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Atlanta Ronald McDonald House Charities ($7,500), Operation Blessing ($6,250), Save the Children ($5,000).

Recipient	Purpose	Amount
Operation Blessing Virginia Beach, VA	WHERE MOST NEEDED	$6,250
Atlanta Ronald McDonald House Charities Atlanta, GA	ADOPT-A-ROOM PROGRAM	$7,500
Special Olympics Georgia Norcross, GA	WHERE MOST NEEDED	$2,500
Save the Children Fairfield, CT	WHERE MOST NEEDED	$5,000
St Jude's Children Memphis, TN	WHERE MOST NEEDED	$5,000
St Mary's Hospital Foundation Athens, GA	WHERE MOST NEEDED	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Karen H Gardner	President	0.3	—
Jessica Gardner Satterfield	Trustee	0.02	—
Rebecca Gardner Karampoulis	Trustee	0.02	—
Edward C Gardner III	Trustee	0.02	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Edward C and Karen H Gardner Family Foundation Inc?

Edward C and Karen H Gardner Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATHENS, GA. It holds $732K in total assets as of 2024.

How large is Edward C and Karen H Gardner Family Foundation Inc?

As of 2024, Edward C and Karen H Gardner Family Foundation Inc holds $732K in total assets with $237K in annual revenue. It awarded 6 grants totaling $27K in 2024.

Where does Edward C and Karen H Gardner Family Foundation Inc operate?

Edward C and Karen H Gardner Family Foundation Inc has awarded grants in Connecticut, Georgia, Tennessee, Virginia.

What size grants does Edward C and Karen H Gardner Family Foundation Inc award?

In 2024, Edward C and Karen H Gardner Family Foundation Inc awarded 6 grants totaling $27K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Edward C and Karen H Gardner Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Edward C and Karen H Gardner Family Foundation Inc reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Edward C and Karen H Gardner Family Foundation Inc's EIN?

Edward C and Karen H Gardner Family Foundation Inc's EIN (Employer Identification Number) is 84-2027933. IRS Form 990 filing data is available on this page for 2020–2024.