GM Foundation Inc
GM Foundation Inc is a private foundation, based in King, NC. IRS filing data is available from 2019 through 2020. In 2020, it awarded 1 grant totaling $21K.
GM Foundation Inc at a glance
In short: GM Foundation Inc gave $21K across 1 grant in 2020 (avg $21K), mostly in North Carolina. Source: 2020 IRS Form 990-PF.
- Annual giving (2020)
- $21,431
- -86.3% vs 2019
- Grants made (2020)
- 1
- -66.7% vs 2019
- Average grant
- $21,431
- -58.8% vs 2019
- Median grant
- $21,431
- Primary geography
- North Carolina (100% of itemized 2020 grant dollars)
- Latest 990 filing
- Form 990-PF, 2020 View filing
Data from IRS Form 990-PF, 2020; updated September 2026.
Who GM Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2020
The largest 2020 recipient was Jefferson Church of Christ ($21K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2020 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2020, annual grant giving ranged from $21K (2020) to $156K (2019). In 2020 it made 1 grant totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jefferson Church of Christ Rural Hall, NC | Charitable Activities | $21,431 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Distributable Amount |
|---|---|---|---|---|---|---|
| 2020 | — | $15,051 | $23,601 | $21,431 | 1 | $161 |
| 2019 | $8,550 | $28,660 | $157,617 | $156,000 | 3 | $1,143 |
Under IRS private-foundation payout rules, GM Foundation Inc reported a distributable amount of $161 for 2020 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
GM Foundation Inc's 2020 filing lists 2 officers; none of the 2 officers listed in 2020 report compensation.
Officers on the 2020 filing
Dawn Speeney
Director
On filings since 2019
1 hr/week
No compensation reported
Michael J. Speeney III
Director
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2020. "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 GM Foundation Inc
How much does GM Foundation Inc give each year?
GM Foundation Inc gave $21K across 1 grant in 2020, according to its 2020 IRS Form 990-PF. In 2019 it gave $156K across 3 grants.
Where does GM Foundation Inc operate?
GM Foundation Inc has awarded grants in North Carolina, New York.
How much is GM Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, GM Foundation Inc reported a distributable amount of $161 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is GM Foundation Inc's EIN?
GM Foundation Inc's EIN (Employer Identification Number) is 47-2304492. IRS Form 990 filing data is available on this page for 2019–2020.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 6, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- IRS filings on file for fiscal years 2019–2020
Live grants for the work GM Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in GM Foundation Inc's focus areas in our free grants database
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