G N Spencer Foundation # 1
G N Spencer Foundation # 1 is a private foundation focused on Human services, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $164K in total assets. In 2025, it awarded 1 grant totaling $9K. Net investment income was $15K.
Key facts about G N Spencer Foundation # 1
In short: G N Spencer Foundation # 1 gave $9K across 1 grant in 2025 (avg $9K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- EIN
- 42-6052928
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $9,473
- Grants made (2025)
- 1
- Average grant
- $9,473
- Median grant
- $9,473
- Total assets
- $164,498
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$164K
+2.1% YoY
Annual Giving
$9K
+38.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$9K
+38.6% YoY
Under IRS private-foundation payout rules, G N Spencer Foundation # 1 reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
How G N Spencer Foundation # 1 gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). 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 1 itemized 2025 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 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDREN AND FAMILIES OF IOWA Des Moines, IA | UNRESTRICTED GENERAL | $9,473 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $164,498 | $161,192 | $156,703 |
| Revenue | $18,092 | $16,347 | $5,384 |
| Expenses | $14,737 | $11,695 | $10,161 |
| Qualifying Distributions | $11,363 | $8,655 | $7,403 |
| Net Investment Income | $14,986 | $13,195 | $2,088 |
| Distributable Amount | $9,631 | $9,155 | $8,408 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 26, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 31, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
G N Spencer Foundation # 1's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
$3K (2021) → $3K (2025)
Former officers (1)
- Former: Bank Of America N A (2019–2020) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about G N Spencer Foundation # 1
How much does G N Spencer Foundation # 1 give each year?
G N Spencer Foundation # 1 gave $9K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 1 grant.
How large is G N Spencer Foundation # 1?
G N Spencer Foundation # 1 reported $164K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What is G N Spencer Foundation # 1?
G N Spencer Foundation # 1 is a private foundation focused on Human services, based in Dallas, TX. It holds $164K in total assets as of 2025.
Where does G N Spencer Foundation # 1 operate?
G N Spencer Foundation # 1 has awarded grants in Iowa.
What is G N Spencer Foundation # 1's EIN?
G N Spencer Foundation # 1's EIN (Employer Identification Number) is 42-6052928. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching G N Spencer Foundation # 1 by hand.
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