Gay R Larsen Charitable is a private foundation focused on Education, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 34 grants totaling $84K. Net investment income was $106K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+6.0% YoY
Annual Giving
$84K
+12.2% YoY
Grant Count
34
+6.3% YoY
Avg Grant Size
$2K
+5.6% YoY
Under IRS private-foundation payout rules, Gay R Larsen Charitable reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.
About Gay R Larsen Charitable
Based on IRS filings
Gay R Larsen Charitable is a private foundation focused on Education, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 34 grants totaling $84K. Net investment income was $106K.
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 | $1,476,919 | $1,393,768 | $1,411,551 |
| Revenue | $187,552 | $74,832 | $145,098 |
| Expenses | $105,301 | $92,616 | $88,575 |
| Qualifying Distributions | $104,401 | $92,616 | $88,575 |
| Net Investment Income | $105,920 | $74,413 | $89,584 |
| Distributable Amount | $103,676 | $97,877 | $102,867 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
171 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Abigail Heilman ($2,500), Alaina Zende ($2,500), Alanta Updegraff ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ABIGAIL HEILMAN WEST LIBERTY, WV | COLLEGE SCHOLARSHIP | $2,500 |
| ALAINA ZENDE MORGANTOWN, WV | COLLEGE SCHOLARSHIP | $2,500 |
| ALANTA UPDEGRAFF MORGANTOWN, WV | COLLEGE SCHOLARSHIP | $2,500 |
| ALEXIS PARAS MORGANTOWN, WV | COLLEGE SCHOLARSHIP | $2,500 |
| ALYSSA JEZIERSKI WEST LIBERTY, WV | COLLEGE SCHOLARSHIP | $2,500 |
| ANNABELLE BLOSSER COLUMBIA, MO | COLLEGE SCHOLARSHIP | $2,500 |
| AVA LEE BOLEN ALLIANCE, OH | COLLEGE SCHOLARSHIP | $2,500 |
| BRODIE MCCALLISTER MORGANTOWN, WV | COLLEGE SCHOLARSHIP | $2,500 |
| BROOKLYNN WAYT OXFORD, OH | COLLEGE SCHOLARSHIP | $2,500 |
| CAYLIN ANGEL WASHINGTON, PA | COLLEGE SCHOLARSHIP | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR JEREMY VITTEK | BOARD MEMBER | 0.5 | $300 |
| ROBERTA DILORENZO | BOARD MEMBER | 0.5 | $300 |
| ELIZABETH HOFREUTER | BOARD MEMBER | 0.5 | $300 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gay R Larsen Charitable?
Gay R Larsen Charitable is a private foundation focused on Education, based in WHEELING, WV. It holds $1.5M in total assets as of 2024.
How large is Gay R Larsen Charitable?
As of 2024, Gay R Larsen Charitable holds $1.5M in total assets with $188K in annual revenue. It awarded 34 grants totaling $84K in 2024.
Where does Gay R Larsen Charitable operate?
Gay R Larsen Charitable has awarded grants in Florida, Indiana, Kentucky, Maryland, Missouri, North Carolina, New York, Ohio, Pennsylvania, Virginia, Wisconsin, West Virginia.
What size grants does Gay R Larsen Charitable award?
In 2024, Gay R Larsen Charitable awarded 34 grants totaling $84K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Gay R Larsen Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gay R Larsen Charitable reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gay R Larsen Charitable's EIN?
Gay R Larsen Charitable's EIN (Employer Identification Number) is 55-6128918. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gay R Larsen Charitable's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.