Gholson Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHILOH, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245K
+5.0% YoY
Annual Giving
$9K
-22.7% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$2K
-7.3% YoY
Under IRS private-foundation payout rules, Gholson Family Foundation Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Gholson Family Foundation Inc
Based on IRS filings
Gholson Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHILOH, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $6K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $245,299 | $233,654 | $218,542 |
| Revenue | $21,695 | $9,545 | $6,752 |
| Expenses | $12,436 | $15,437 | $10,753 |
| Qualifying Distributions | $8,500 | $11,000 | $10,753 |
| Net Investment Income | $5,694 | $2,794 | $15,009 |
| Distributable Amount | $12,032 | $11,096 | $11,377 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Umc of Palo Alto ($5,000), August Gate Church ($1,000), Commission Ministers Network ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUGUST GATE CHURCH BELLEVILLE, IL | OPERATION SUPPORT | $1,000 |
| COMMISSION MINISTERS NETWORK KERRVILLE, TX | OPERATIONS SUPPORT | $1,000 |
| FIRST UMC OF PALO ALTO PALO ALTO, CA | OPERATIONS SUPPORT | $5,000 |
| RELIANT ORLANDO, FL | OPERATIONS SUPPORT | $1,000 |
| VICTORY CHRISTIAN ACADEMY LAKELAND, FL | OPERATIONS SUPPORT | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gholson Family Foundation Inc?
Gholson Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHILOH, IL. It holds $245K in total assets as of 2024.
How large is Gholson Family Foundation Inc?
As of 2024, Gholson Family Foundation Inc holds $245K in total assets with $22K in annual revenue. It awarded 5 grants totaling $9K in 2024.
Where does Gholson Family Foundation Inc operate?
Gholson Family Foundation Inc has awarded grants in California, Florida, Illinois, Missouri, Ohio, Texas.
What size grants does Gholson Family Foundation Inc award?
In 2024, Gholson Family Foundation Inc awarded 5 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Gholson Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gholson Family Foundation Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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