Gfgw Inc

MACON, GA EIN: 58-2310066

Gfgw Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MACON, GA. IRS filing data is available for 2020. As of 2020, the organization holds $802K in total assets. In 2020, it awarded 15 grants totaling $60K. Net investment income was $16K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$802K

Annual Giving

$60K

Grant Count

Avg Grant Size

$4K

Under IRS private-foundation payout rules, Gfgw Inc reported a distributable amount of $63K for 2020 — the minimum it must pay out in qualifying distributions.

About Gfgw 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 $30K (50%)

Maryland $24K (40%)

Vermont $3K (4%)

South Carolina $2K (3%)

New York $1K (2%)

States

Georgia Maryland New York South Carolina Vermont

Cities

BaltimoreBarreChestnut RidgeColumbiaEastonFreelandLuthersvilleMaconRepublicRichmondTalbot

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	$802,218
Revenue	$30,175
Expenses	$74,129
Qualifying Distributions	—
Net Investment Income	$16,046
Distributable Amount	$63,004

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 2020

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Stratford Academy ($10,000), Mercer University Stetson-hatcher S ($10,000), Crisis Line Safe House ($10,000).

Recipient	Purpose	Amount
VERMONT FOODBANK BARRE, VT	GENERAL	$1,250
TRINITY CATHEDRAL COLUMBIA, SC	DISCRETIONARY FUND	$2,000
TALBOT MENTORS INC EASTON, MD	OPERATING BUDGET	$2,000
TALBOT INTERFAITH SHELTER EASTON, MD	GENERAL	$7,500
STRATFORD ACADEMY MACON, GA	DESIGN CLASS	$10,000
NOFA-VT RICHMOND, VT	GENERAL	$1,250
MERCER UNIVERSITY STETSON-HATCHER S MACON, GA	GENERAL	$10,000
INNOCENCE PROJECT BALTIMORE, MD	GENERAL	$1,250
ALZHEIMERS ASSOCIATION LUTHERSVILLE, MD	GENERAL	$1,250
FIRST FRUITS FARM FREELAND, MD	GENERAL	$1,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
EUGENE S HATCHER	President	—	—
JOSEPHINE H MERRILL	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gfgw Inc?

Gfgw Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MACON, GA. It holds $802K in total assets as of 2020.

How large is Gfgw Inc?

As of 2020, Gfgw Inc holds $802K in total assets with $30K in annual revenue. It awarded 15 grants totaling $60K in 2020.

Where does Gfgw Inc operate?

Gfgw Inc has awarded grants in Georgia, Maryland, New York, South Carolina, Vermont.

What size grants does Gfgw Inc award?

In 2020, Gfgw Inc awarded 15 grants totaling $60K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Gfgw Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Gfgw Inc reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.