Golconda Foundation Inc
To provide educational scholarships and to help fund other worthy causes as deemed appropriate.
Golconda Foundation Inc at a glance
In short: Golconda Foundation Inc gave $46K across 4 grants in 2024 (avg $11K), mostly in Oklahoma. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $45,700
- +8.8% vs 2023
- Grants made (2024)
- 4
- +33.3% vs 2023
- Average grant
- $11,425
- -18.4% vs 2023
- Median grant
- $8,000
- Total assets
- $42,472
- -39.1% vs 2023
- Primary geography
- Oklahoma (87% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Golconda Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Nu-Fresh Start Inc ($24K). Together the top 4 received $46K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Golconda Foundation Inc gives
- Giving grew 24% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $13K (2020) to $58K (2022). In 2024 it made 4 grants totaling $46K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nu-Fresh Start Inc Broken Arrow, OK | Half Way House | $23,700 |
| Pass It Along Inc Oklahoma City, OK | Drug Rehab & Other | $10,000 |
| OSU Foundation Stillwater, OK | Scholarships | $6,000 |
| University of Notre Dame Notre Dame, IN | Scholarships | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $42,472 | $63,611 | $85,103 | $45,700 | 4 | $5,811 |
| 2023 | $69,745 | $130,533 | $88,642 | $42,000 | 3 | $8,392 |
| 2022 | $314,304 | $756,156 | $937,422 | $57,988 | 5 | $567 |
| 2021 | $495,570 | $1,213,995 | $675,857 | $36,800 | 5 | $6 |
| 2020 | $342,331 | $959,123 | $753,880 | $12,750 | 1 | $5 |
About Golconda Foundation Inc
Based on IRS filings
Golconda Foundation Inc is a public charity focused on Education, based in Jones, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 4 grants totaling $46K. Net investment income was $6K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Golconda Foundation Inc is led by David C. Bolding, President on every filing since 2020; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
David C. Bolding
President
On filings since 2020
8 hrs/week
$67K (2020) → $10K (2024)
Ursula Skuta-Bolding
Secretary
On filings since 2020
No compensation reported
Former officers (1)
- Former: Bryon Chatterton (2020–2022) — Vice President
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $10K, to David C Bolding (President).
Frequently asked questions about Golconda Foundation Inc
How much does Golconda Foundation Inc give each year?
Golconda Foundation Inc gave $46K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $42K across 3 grants.
What is Golconda Foundation Inc's typical grant size?
Golconda Foundation Inc's median grant in 2024 was $8,000, and its average grant was $11,425, across 4 grants on its 2024 IRS Form 990.
Where does Golconda Foundation Inc give grants?
Golconda Foundation Inc gives mostly in Oklahoma: 87% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Indiana (13%).
Does Golconda Foundation Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Golconda Foundation Inc's 2024 IRS Form 990 were described as general or operating support.
How large is Golconda Foundation Inc?
Golconda Foundation Inc reported $42K in total assets on its 2024 IRS Form 990. Its revenue that year was $64K.
What is Golconda Foundation Inc?
Golconda Foundation Inc is a public charity focused on Education, based in Jones, OK. It holds $42K in total assets as of 2024.
What is Golconda Foundation Inc's EIN?
Golconda Foundation Inc's EIN (Employer Identification Number) is 73-1552729. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 6, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
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