Goolsby-gardner Educational Fund

Foundation · Grantmaker MARION, VA EIN: 54-6067955

Goolsby-gardner Educational Fund is a private foundation, based in MARION, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $807K in total assets. In 2024, it awarded 20 grants totaling $29K. Net investment income was $38K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$807K

-1.5% YoY

Annual Giving

$29K

+3.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1K

+3.6% YoY

Under IRS private-foundation payout rules, Goolsby-gardner Educational Fund reported a distributable amount of $95K for 2024 — the minimum it must pay out in qualifying distributions.

About Goolsby-gardner Educational Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $170K (100%)

States

Virginia

Cities

AtkinsCeresChilhowieMarionRural RereatRural RetreatSaltvilleSugar Grove

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$807,251	$819,209	$800,690
Revenue	$49,561	$76,353	$75,361
Expenses	$61,519	$57,834	$60,396
Qualifying Distributions	$355,314	$332,388	$319,610
Net Investment Income	$37,642	$39,851	$38,346
Distributable Amount	$95,011	$87,559	$85,962

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

124 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ethan Robert Surber ($2,000), Harper Adams ($2,000), Brennan Anders ($2,000).

Recipient	Purpose	Amount
ETHAN ROBERT SURBER SALTVILLE, VA	EDUCATION	$2,000
ZACHARY E HALL CHILHOWIE, VA	EDUCATION	$1,000
AIDEN DREW HOAGLAND CHILHOWIE, VA	EDUCATION	$1,500
LOGAN SKYLER LANGSTON MARION, VA	EDUCATION	$1,000
MARTINA WYMER MARION, VA	EDUCATION	$1,000
COURTNEY KOGOD MARION, VA	EDUCATION	$1,500
OLIVIA PARNELL MARION, VA	EDUCATION	$1,000
HARPER ADAMS ATKINS, VA	EDUCATION	$2,000
BRENNAN ANDERS MARION, VA	EDUCATION	$2,000
WEN BOSWELL-BAILEY CHILHOWIE, VA	EDUCATION	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JS STALEY JR	TRUSTEE	—	$4,430
JOEL G PUGH	TRUSTEE	—	$4,430
MICHAEL A DAVIDSON	TRUSTEE	—	$4,430

Frequently Asked Questions

How large is Goolsby-gardner Educational Fund?

As of 2024, Goolsby-gardner Educational Fund holds $807K in total assets with $50K in annual revenue. It awarded 20 grants totaling $29K in 2024.

Where does Goolsby-gardner Educational Fund operate?

Goolsby-gardner Educational Fund has awarded grants in Virginia.

What size grants does Goolsby-gardner Educational Fund award?

In 2024, Goolsby-gardner Educational Fund awarded 20 grants totaling $29K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Goolsby-gardner Educational Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Goolsby-gardner Educational Fund reported a distributable amount of $95K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Goolsby-gardner Educational Fund's EIN?

Goolsby-gardner Educational Fund's EIN (Employer Identification Number) is 54-6067955. IRS Form 990 filing data is available on this page for 2020–2024.