Gholson Family Foundation Inc

Private foundation · Grantmaker The Villages, FL EIN: 20-2579923

Gholson Family Foundation Inc is a private foundation, based in The Villages, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $269K in total assets. In 2025, it awarded 4 grants totaling $8K. Net investment income was $6K.

Key facts about Gholson Family Foundation Inc

In short: Gholson Family Foundation Inc gave $8K across 4 grants in 2025 (avg $2K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
20-2579923
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$7,500
Grants made (2025)
4
Average grant
$1,875
Median grant
$1,000
Total assets
$269,280
Primary geography
California (67% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$269K

+9.8% YoY

Annual Giving

$8K

-11.8% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$2K

+10.3% YoY

Under IRS private-foundation payout rules, Gholson Family Foundation Inc reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.

How Gholson Family Foundation Inc gives

  • Giving fell 25% from 2022 to 2025. Method
  • In 2025 it paid out 59% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

6states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

OrlandoPalo AltoBradentonKerrvilleBellevilleClevelandLakelandCape CoralClermontSpringfield

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K6 grants2019 4 grants2020 4 grants2021 4 grants2022 6 grants2023 5 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $8K (2025) to $11K (2023). In 2025 it made 4 grants totaling $8K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

First UMC of Palo Alto: $5KFirst UMC of Palo Alto$5KCommission Ministers Network: $1KCommission Ministers Network$1KCRU: $1KCRU$1KAugust Gate Church: $500August Gate Church$500

The largest 2025 recipient was First UMC of Palo Alto ($5K). Together the top 4 received $8K.

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 23 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
First UMC of Palo Alto Palo Alto, CAOperations Support$5,000
Commission Ministers Network Kerrville, TXOperations Support$1,000
CRU Orlando, FLOperation Support$1,000
August Gate Church Belleville, ILOperations Support$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$269,280$245,299$233,654
Revenue$31,030$21,695$9,545
Expenses$13,474$12,436$15,437
Qualifying Distributions$7,500$8,500$11,000
Net Investment Income$5,829$5,694$2,794
Distributable Amount$12,712$12,032$11,096

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 27, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 1, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Gholson Family Foundation Inc is led by Sheila Gholson, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Sheila Gholson

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Eric Costello

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Sheryl Costello

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

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.

Frequently asked questions about Gholson Family Foundation Inc

How much does Gholson Family Foundation Inc give each year?

Gholson Family Foundation Inc gave $8K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $9K across 5 grants.

What is Gholson Family Foundation Inc's typical grant size?

Gholson Family Foundation Inc's median grant in 2025 was $1,000, and its average grant was $1,875, across 4 grants on its 2025 IRS Form 990-PF.

Where does Gholson Family Foundation Inc give grants?

Gholson Family Foundation Inc gives mostly in California: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Texas (13%) and Florida (13%).

Does Gholson Family Foundation Inc give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Gholson Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations Support" (3 grants).

How large is Gholson Family Foundation Inc?

Gholson Family Foundation Inc reported $269K in total assets on its 2025 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Gholson Family Foundation Inc's EIN?

Gholson Family Foundation Inc's EIN (Employer Identification Number) is 20-2579923. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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