GP Inc
GP Inc is a private foundation, based in Princeton, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $749K in total assets. Net investment income was $14K.
Key facts about GP Inc
- EIN
- 55-6022042
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $748,929
Data from IRS Form 990-PF, 2024; updated September 2026.
How GP Inc gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with GP Inc
- How to evaluate GP Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$749K
-4.2% YoY
Revenue
$14K
-12.5% YoY
Net Investment Income
$14K
-12.5% YoY
Expenses
$50K
-97.0% YoY
Under IRS private-foundation payout rules, GP Inc reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.
About GP Inc
Based on IRS filings
GP Inc is a private foundation, based in Princeton, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $749K in total assets. Net investment income was $14K.
Ready to take the next step with GP Inc?
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 | $748,929 | $782,004 | $2,452,346 |
| Revenue | $14,181 | $16,213 | $5,839 |
| Expenses | $49,888 | $1,681,928 | $170,466 |
| Qualifying Distributions | — | $1,630,521 | $129,021 |
| Net Investment Income | $14,181 | $16,213 | $5,839 |
| Distributable Amount | $36,927 | $40,291 | $121,688 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gary Cunningham | Board Memeber | 1 | — |
| Morris Clyburn | Board Memeber | 1 | — |
| Judy Raines | Vice-Chairperson | 1 | — |
| Kenneth R Crowe | Board Memeber | 1 | — |
| Rev Dr Felica Williams | Board Memeber | 1 | — |
| Rev Chip Bennett | Board Memeber | 1 | — |
| Jim Baker | Chairperson | 1 | — |
| Tyann Evans | Secretary/Treasurer | 1 | — |
| Jim Reed | Board Memeber | 1 | — |
Frequently Asked Questions
How large is GP Inc?
As of 2024, GP Inc holds $749K in total assets with $14K in annual revenue.
Where does GP Inc operate?
GP Inc has awarded grants in West Virginia.
How much is GP Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, GP Inc reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is GP Inc's EIN?
GP Inc's EIN (Employer Identification Number) is 55-6022042. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.