Gilgit Charitable Trust
Gilgit Charitable Trust is a private foundation based in Richmond, Virginia. Its 2024 filing reports 18 grants totaling $28,500, with most grant dollars going to organizations in Virginia and some to an organization in Tennessee. The foundation states that it gives only to preselected charitable organizations.
Gilgit Charitable Trust at a glance
In short: Gilgit Charitable Trust gave $29K across 18 grants in 2024 (avg $2K), mostly in Virginia. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $28,500
- -3.4% vs 2023
- Grants made (2024)
- 18
- -5.3% vs 2023
- Average grant
- $1,583
- +2.0% vs 2023
- Median grant
- $1,500
- Total assets
- $246,639
- -1.9% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 18, 2024; small sample)
- Primary geography
- Virginia (93% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Gilgit Charitable Trust
- Accepts unsolicited proposals
- No
- Contact
Mailing address: 2309 Monument Avenue, Richmond, VA 23220-2603
Phone: (804) 788-8434
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Gilgit Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Feed More Inc ($4K). Together the top 10 received $21K.
Grant Size Distribution
91 grants across all recorded years
The most common grant size was under $50K: 91 grants of 91 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing shows that 93% of grant dollars went to recipients in Virginia and 7% to recipients in Tennessee. Listed Virginia recipients include Richmond organizations and the Mattaponi and Pamunkey Rivers Association in Walkerton; the Tennessee recipient listed among the larger grants was Remote Area Medical Foundation in Rockford.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
Cities
Is Gilgit Charitable Trust open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 18 grantees (0%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving grew 33% from 2021 to 2024. Method
- In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $21K (2022) to $30K (2023). In 2024 it made 18 grants totaling $29K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Feed More Inc Richmond, VA | Annual Giving | $3,500 |
| Health Brigade Richmond, VA | Annual Giving | $2,000 |
| Boys and Girls Club of Richmond Richmond, VA | Annual Giving | $2,000 |
| Read Center Richmond, VA | Annual Giving | $2,000 |
| Shalom Farms Richmond, VA | Annual Giving | $2,000 |
| Remote Area Med Foundation Rockford, TN | Annual Giving | $2,000 |
| Sacred Heart Center Richmond, VA | Annual Giving | $2,000 |
| Caritas Richmond, VA | Annual Giving | $2,000 |
| The Virginia Home Richmond, VA | Annual Giving | $1,500 |
| Cross Over Ministry Richmond, VA | Annual Giving | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $246,639 | $27,016 | $31,758 | $28,500 | 18 | $31,411 | $27,016 | $30,132 |
| 2023 | $251,381 | $24,976 | $31,638 | $29,500 | 19 | $31,383 | $24,976 | $31,702 |
| 2022 | $258,043 | $159,500 | $21,983 | $21,000 | 18 | $21,740 | $18,352 | $23,985 |
| 2021 | $120,526 | $23,493 | $22,003 | $21,500 | 18 | $21,767 | $17,493 | $23,637 |
| 2020 | $119,036 | $16,992 | $22,113 | $21,500 | 18 | — | $16,975 | $21,784 |
Under IRS private-foundation payout rules, Gilgit Charitable Trust reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the trust is provided. Its 2024 grants went to organizations working in areas including hunger relief, health and wellness, education, community support, residential care, and public parks. For example, Feed More says its mission is to fight hunger in Central Virginia; Health Brigade describes its work as an integrated approach to health and wellness; and Sacred Heart Center says it connects Latino families with tools to thrive through educational opportunities and community partnerships. These are the grantees’ stated missions, not the trust’s.
Grantmaking
In 2024, the trust gave $28,500 through 18 grants. Grants ranged from $1,000 to $3,500, with a median of $1,500. Notable grants included $3,500 to Feed More; $2,000 each to Health Brigade, Boys and Girls Club of Richmond, Read Center, Shalom Farms, Remote Area Medical Foundation, Sacred Heart Center, and CARITAS; and $1,500 to The Virginia Home and Cross Over Ministry. The listed purposes were generally “annual giving”; Maymont Foundation’s $1,000 grant was for “trees and flowers public park.”
The trust states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. No application materials or deadline are stated.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jack Spain Jr, Mary R Spain, and John H Spain as trustees.
Gilgit Charitable Trust's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jack Spain Jr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
John H. Spain
Trustee
On filings since 2020
No compensation reported
Mary R. Spain
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Gilgit Charitable Trust
How much does Gilgit Charitable Trust give each year?
Gilgit Charitable Trust gave $29K across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $30K across 19 grants.
What is Gilgit Charitable Trust's typical grant size?
Gilgit Charitable Trust's median grant in 2024 was $1,500, and its average grant was $1,583, across 18 grants on its 2024 IRS Form 990-PF.
Where does Gilgit Charitable Trust give grants?
Gilgit Charitable Trust gives mostly in Virginia: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (7%). The most frequent recipient cities were Richmond, VA (15 grants).
Does Gilgit Charitable Trust give general operating support?
Not in 2024: none of the 18 grants with a stated purpose on Gilgit Charitable Trust's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Annual Giving" (16 grants).
Who are Gilgit Charitable Trust's largest grantees?
Gilgit Charitable Trust's largest 2024 grantees include Feed More Inc ($3,500), Health Brigade ($2,000) and Boys and Girls Club of Richmond ($2,000), according to its 2024 IRS Form 990-PF. Together they received 26% of its itemized 2024 grant dollars.
How large is Gilgit Charitable Trust?
Gilgit Charitable Trust reported $247K in total assets on its 2024 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets).
What does Gilgit Charitable Trust fund?
No mission statement for the trust is provided. Its 2024 grants went to organizations working in areas including hunger relief, health and wellness, education, community support, residential care, and public parks. See mission & focus areas ↑
How do I apply for a grant from Gilgit Charitable Trust?
Gilgit Charitable Trust does not accept unsolicited proposals, according to Grantable's research on its published guidelines.
What is Gilgit Charitable Trust's EIN?
Gilgit Charitable Trust's EIN (Employer Identification Number) is 52-1601996. IRS Form 990 filing data is available on this page for 2020–2024.
Does Gilgit Charitable Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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