Gft Associates
Gft Associates is a private foundation, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $227K in total assets. In 2024, it awarded 15 grants totaling $161K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$227K
-41.3% YoY
Annual Giving
$161K
-9.7% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$11K
-9.7% YoY
Under IRS private-foundation payout rules, Gft Associates reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Gft Associates
Based on IRS filings
Gft Associates is a private foundation, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $227K in total assets. In 2024, it awarded 15 grants totaling $161K. Net investment income was $3K.
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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 | $227,051 | $387,078 | $565,630 |
| Revenue | $3,123 | $1,777 | $649 |
| Expenses | $163,150 | $180,329 | $97,334 |
| Qualifying Distributions | $161,200 | $178,500 | $96,000 |
| Net Investment Income | $3,123 | $1,777 | $649 |
| Distributable Amount | $18,782 | $26,011 | $32,094 |
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
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Avance Austin ($35,000), Community Foundation of Gunnison Valley ($26,000), Austin Community Foundation ($15,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AUSTIN COMMUNITY FOUNDATION AUSTIN, TX | OPERATIONS SUPPORT | $15,500 |
| AVANCE AUSTIN AUSTIN, TX | OPERATIONS SUPPORT | $35,000 |
| BIG BROTHERS BIG SISTERS AUSTIN, TX | OPERATIONS SUPPORT | $10,000 |
| COMMUNITY FOUNDATION OF GUNNISON VALLEY GUNNISON, CO | OPERATIONS SUPPORT | $26,000 |
| CRESTED BUTTE LAND TRUST CRESTED BUTTE, CO | OPERATIONS SUPPORT | $10,000 |
| CRESTED BUTTE MOUNTAIN THEATER CRESTED BUTTE, CO | OPERATIONS SUPPORT | $1,000 |
| DALLAS ARBORETUM DALLAS, TX | OPERATIONS SUPPORT | $1,000 |
| LILITH FUND AUSTIN, TX | OPERATIONS SUPPORT | $15,000 |
| MAYFIELD PARK COMMUNITY PROJECT AUSTIN, TX | OPERATIONS SUPPORT | $700 |
| PEOPLES COMMUNITY CLINIC AUSTIN, TX | OPERATIONS SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BEVERLY D GRIFFITH | PRESIDENT | 0.25 | — |
| STEPHEN B GRIFFITH | VICE PRESIDENT | 0.25 | — |
| STEFANIE GRIFFITH | SECRETARY | 0.25 | — |
Frequently Asked Questions
How large is Gft Associates?
As of 2024, Gft Associates holds $227K in total assets with $3K in annual revenue. It awarded 15 grants totaling $161K in 2024.
Where does Gft Associates operate?
Gft Associates has awarded grants in California, Colorado, Texas.
What size grants does Gft Associates award?
In 2024, Gft Associates awarded 15 grants totaling $161K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Gft Associates required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gft Associates reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gft Associates's EIN?
Gft Associates's EIN (Employer Identification Number) is 74-2572771. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gft Associates's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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