Gardner Grout Foundation

RENO, NV EIN: 95-7106955

The Gardner Grout Foundation is a private foundation based in Reno, Nevada. Established in 2001 in California, the foundation operates as an independent grantmaking organization with a broad funding scope across multiple sectors and geographic regions.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$55.8M

+1664.5% YoY

Grant Count

3

-97.0% YoY

Avg Grant Size

$18.6M

+58716.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

  • Arts
  • Education
  • Health organizations and hospitals
  • Human services
  • Philanthropy, voluntarism, and grantmaking

The foundation does not specify particular subject areas of exclusive focus and has demonstrated flexibility in funding projects across a wide range of nonprofit categories.

Grantmaking

The foundation has demonstrated significant grantmaking activity, with total expenses of $56,058,781 reported in the most recent filing period, indicating active and substantial grant distribution.

Grant Range

$1,000 to $18,601,852

Average Grant

amount: $78,000

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Geographic Focus

Where this funder awards grants

The Gardner Grout Foundation funds projects across multiple U.S. states and cities, including:

  • California
  • New York
  • Texas
  • Colorado
  • Idaho
  • Illinois
  • Maryland
  • Ohio
  • Oregon
  • Pennsylvania
  • Virginia
  • Wisconsin
  • Wyoming

The foundation has supported projects in major urban centers such as New York, Los Angeles, and San Francisco, as well as smaller cities including Hailey and Talent.

Grant Distribution by State

17states
+9 more states

Cities

AlbanyAlexandraAlexandriaArvadaAshlandAtlantaBoiseBostonBoulderCambridgeCharlottesvilleChino HillsClovisCovinaDenverEast Palo AltoEastsoundEdwardsEl SegundoEugene

Financial History

Multi-year comparison from IRS filings

Assets & Revenue:

  • Total assets: $42,982,231
  • Total giving (most recent year): $55,805,556
  • Annual revenue: $95,877
  • Total expenses: $56,058,781

Financial Status: The foundation operates at a financial deficit, with expenses significantly exceeding annual revenue. Despite substantial assets, the foundation's spending pattern indicates active distribution of resources to grantees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$31M$46M$62M2020202120222023
Metric202320222021
Total Assets$42,982,231$45,159,236
Revenue$95,877$1,841,120$3,628,309
Expenses$56,058,781$3,911,180$3,207,593
Qualifying Distributions$55,931,777$3,418,902$2,829,932
Net Investment Income$1,345,947$3,261,056
Distributable Amount$7,362$2,888,519$3,261,200

Giving Over Time

Total grant dollars and number of grants per year

$0$14M$28M$42M$56M124 grants2020135 grants2021100 grants20223 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

GK GROUT FOUNDATION$18.6MQUINN HILL FOUNDATION$18.6MTHE MALOU FOUNDATION$18.6M

Grant Size Distribution

153 grants across all recorded years

131<$50K16$50–100K3$100–250K$250–500K$500K–1M$1–5M3$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by uncompensated co-trustees who each work 40 hours per week without compensation:

  • Capital Bank Trust (Co-Trustee)
  • L G Brigham and E B Huyck (Co-Trustee)
  • C B Markovich and L B Hambleton (Co-Trustee)

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
Capital Bank TrustCo-Trustee40
L G Brigham and E B HuyckCo-Trustee40
C B Markovich and L B HambletonCo-Trustee40

Contact Information

Address: 50 W Liberty Street, Suite 650 Reno, Nevada 89501-1946

EIN: 95-7106955

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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