Gilmore & Golda Reynolds Foundation
The Gilmore & Golda Reynolds Foundation is a private foundation based in Osgood, Indiana. Its 2025 grants supported local downtown projects, community organizations, a school, a theatre, and scholarships.
Gilmore & Golda Reynolds Foundation at a glance
In short: Gilmore & Golda Reynolds Foundation gave $1.7M across 7 grants in 2025 (avg $243K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,702,351
- -12.3% vs 2024
- Grants made (2025)
- 7
- +16.7% vs 2024
- Average grant
- $243,193
- -24.8% vs 2024
- Median grant
- $30,000
- Total assets
- $16,637,498
- -4.4% vs 2024
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to Gilmore & Golda Reynolds Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 136 S Buckeye St, Osgood, IN 47037
Phone: (812) 689-1776
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Gilmore & Golda Reynolds Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Town of Osgood ($1.3M). Together the top 7 received $1.7M.
Grant Size Distribution
62 grants across all recorded years
The most common grant size was under $50K: 45 grants of 62 (73%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Indiana. The listed grants included several recipients in Osgood, as well as organizations in Versailles and Batesville.
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How Gilmore & Golda Reynolds Foundation gives
- Giving held roughly steady from 2022 to 2025 (+16%). Method
- In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1.1M (2021) to $1.9M (2024). In 2025 it made 7 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Osgood Osgood, IN | Downtown Projects, Maintenance | $1,307,334 |
| Osgood Beautification Mainstreet Osgood, IN | Downtown Projects | $269,745 |
| JAC-Cen-Del Community School Osgood, IN | Matt Maple, Library Books | $85,000 |
| Osgood Damm Theatre Osgood, IN | Operating Expenses | $30,000 |
| Ripley County Chamber of Commerce Versailles, IN | Chamber Night | $5,000 |
| Ripley County Community Foundation Batesville, IN | AED Initiative | $4,745 |
| JAC-Cen-Del Community Scholarship F Osgood, IN | Scholarships | $527 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $16,637,498 | $1,206,131 | $1,979,905 | $1,702,351 | 7 | $1,950,273 | $1,194,422 | $1,883,499 |
| 2024 | $17,411,272 | $1,496,332 | $2,231,940 | $1,940,893 | 6 | $2,195,301 | $1,484,758 | $1,732,774 |
| 2023 | $18,146,880 | $2,723,102 | $1,469,855 | $1,186,970 | 5 | $1,420,796 | $2,712,450 | $1,448,860 |
| 2022 | $16,893,621 | $1,350,381 | $1,716,913 | $1,465,790 | 27 | $1,705,833 | $1,339,708 | $1,486,218 |
| 2021 | $17,260,153 | $1,090,969 | $1,216,051 | $1,053,921 | 17 | $1,217,334 | $1,080,394 | $1,620,895 |
| 2020 | $17,385,235 | $724,850 | $1,260,308 | $1,105,678 | 14 | — | $714,708 | $1,265,408 |
Under IRS private-foundation payout rules, Gilmore & Golda Reynolds Foundation reported a distributable amount of $1.9M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
A mission statement for the foundation is not provided. Its 2025 grants went to organizations and projects including downtown improvements, school library books, theatre operating expenses, a community AED initiative, and scholarships. The Ripley County Community Foundation, a 2025 grantee, describes its own mission as serving Ripley County by growing and sustaining a culture of giving and investing resources to meet community needs.
Grantmaking
In 2025, the foundation gave $1,702,351 through 7 grants. Grant amounts ranged from $527 to $1,307,334, with a median of $30,000.
The largest 2025 grants were $1,307,334 to the Town of Osgood for downtown projects and maintenance; $269,745 to Osgood Beautification Mainstreet for downtown projects; $85,000 to Jac-Cen-Del Community School for Matt Maple and library books; and $30,000 to Osgood Damm Theatre for operating expenses. Other recipients were Ripley County Chamber of Commerce ($5,000), Ripley County Community Foundation ($4,745), and Jac-Cen-Del Community Scholarship F ($527).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Steve Gloyd as Executive Director; Stephen Black as President; Dwight Hooten as Vice President; Neil Comer as Secretary; and Douglas Thayer as Treasurer.
Gilmore & Golda Reynolds Foundation is led by Stephen Michael Black, President on every filing since 2020; all 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Stephen Michael Black
President
On filings since 2020
4 hrs/week
$20K (2020) → $21K (2025)
Steve Gloyd
Executive Director
On filings since 2020
40 hrs/week
$114K (2020) → $141K (2025)
Douglas Thayer
Treasurer
On filings since 2020
4 hrs/week
$20K (2020) → $21K (2025)
Dwight Hooten
Vice President
On filings since 2020
4 hrs/week
$20K (2020) → $21K (2025)
Neil Comer
Secretary
On filings since 2020
4 hrs/week
$20K (2020) → $21K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $141K, to Steve Gloyd (Exec Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Gilmore & Golda Reynolds Foundation
How much does Gilmore & Golda Reynolds Foundation give each year?
Gilmore & Golda Reynolds Foundation gave $1.7M across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.9M across 6 grants.
What is Gilmore & Golda Reynolds Foundation's typical grant size?
Gilmore & Golda Reynolds Foundation's median grant in 2025 was $30,000, and its average grant was $243,193, across 7 grants on its 2025 IRS Form 990-PF.
Where does Gilmore & Golda Reynolds Foundation give grants?
Gilmore & Golda Reynolds Foundation gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Osgood, IN (5 grants).
Does Gilmore & Golda Reynolds Foundation give general operating support?
Yes: 14% of Gilmore & Golda Reynolds Foundation's 2025 grants with a stated purpose (1 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Gilmore & Golda Reynolds Foundation's largest grantees?
Gilmore & Golda Reynolds Foundation's largest 2025 grantees include Town of Osgood ($1,307,334), Osgood Beautification Mainstreet ($269,745) and JAC-Cen-Del Community School ($85,000), according to its 2025 IRS Form 990-PF. Together they received 98% of its itemized 2025 grant dollars.
How large is Gilmore & Golda Reynolds Foundation?
Gilmore & Golda Reynolds Foundation reported $16.6M in total assets on its 2025 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets).
What does Gilmore & Golda Reynolds Foundation fund?
A mission statement for the foundation is not provided. Its 2025 grants went to organizations and projects including downtown improvements, school library books, theatre operating expenses, a community AED initiative, and scholarships. See mission & focus areas ↑
How do I apply for a grant from Gilmore & Golda Reynolds Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Gilmore & Golda Reynolds Foundation's EIN?
Gilmore & Golda Reynolds Foundation's EIN (Employer Identification Number) is 35-6525698. IRS Form 990 filing data is available on this page for 2020–2025.
Does Gilmore & Golda Reynolds Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
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