Gilmer-Smith Foundation
Gilmer-Smith Foundation is a private foundation, based in MOUNT AIRY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $100. Net investment income was $37K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-4.0% YoY
Annual Giving
$100
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$100
+0.0% YoY
Under IRS private-foundation payout rules, Gilmer-Smith Foundation reported a distributable amount of $76K for 2024 — the minimum it must pay out in qualifying distributions.
About Gilmer-Smith Foundation
Based on IRS filings
Gilmer-Smith Foundation is a private foundation, based in MOUNT AIRY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $100. Net investment income was $37K.
Ready to take the next step with Gilmer-Smith Foundation?
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 | $1,105,932 | $1,152,051 | $1,213,853 |
| Revenue | $57,242 | $44,853 | $399,696 |
| Expenses | $102,786 | $101,912 | $130,778 |
| Qualifying Distributions | $82,514 | $81,700 | $110,804 |
| Net Investment Income | $36,765 | $34,757 | $379,336 |
| Distributable Amount | $75,588 | $77,964 | $55,580 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mount Airy Museum of Regional Hist ($100).
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Airy Museum of Regional Hist Mount Airy, NC | Educational | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| George T Fawcett Jr | Chairman | 12 | $2,400 |
| Mary C Fawectt | Trustee | 6 | $2,400 |
| Faith B Ashby | Trustee | 6 | $2,400 |
| Paul G Patterson | Trustee | 6 | $2,400 |
Frequently Asked Questions
How large is Gilmer-Smith Foundation?
As of 2024, Gilmer-Smith Foundation holds $1.1M in total assets with $57K in annual revenue. It awarded 1 grants totaling $100 in 2024.
Where does Gilmer-Smith Foundation operate?
Gilmer-Smith Foundation has awarded grants in North Carolina.
What size grants does Gilmer-Smith Foundation award?
In 2024, Gilmer-Smith Foundation awarded 1 grants totaling $100 — an average of about $100 per grant, based on its IRS Form 990 filings.
How much is Gilmer-Smith Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gilmer-Smith Foundation reported a distributable amount of $76K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gilmer-Smith Foundation's EIN?
Gilmer-Smith Foundation's EIN (Employer Identification Number) is 58-1463411. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gilmer-Smith Foundation'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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