Grateful Funds Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLOTHIAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $785K in total assets. In 2024, it awarded 6 grants totaling $37K. Net investment income was $41K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$785K
-0.4% YoY
Annual Giving
$37K
+46.3% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$6K
-26.9% YoY
Under IRS private-foundation payout rules, Grateful Funds Inc reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Grateful Funds Inc
Based on IRS filings
Grateful Funds Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLOTHIAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $785K in total assets. In 2024, it awarded 6 grants totaling $37K. Net investment income was $41K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $785,397 | $788,537 | $219,359 |
| Revenue | $41,443 | $595,123 | $101,811 |
| Expenses | $44,583 | $25,945 | $4,522 |
| Qualifying Distributions | $36,574 | $25,000 | $3,300 |
| Net Investment Income | $41,443 | $7,623 | $6,811 |
| Distributable Amount | $38,886 | $11,820 | $7,019 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Als Association ($10,000), Operation Rock the Troops ($10,000), Oms Foundation ($8,074).
| Recipient | Purpose | Amount |
|---|---|---|
| ALS ASSOCIATION ARLINGTON, VA | TO SUPPORT ORGANIZATION'S MISSION | $10,000 |
| CHARLOTTESVILLE FREE CLINIC CHARLOTTESVILLE, VA | TO SUPPORT ORGANIZATION'S MISSION | $2,500 |
| OMS FOUNDATION ROSEMONT, IL | TO SUPPORT ORGANIZATION'S MISSION | $8,074 |
| FORE FOUNDATION HENRICO, VA | TO SUPPORT ORGANIZATION'S MISSION | $1,000 |
| VCU MASSEY COMPREHENSIVE CANCER CENTER RICHMOND, VA | TO SUPPORT ORGANIZATION'S MISSION | $5,000 |
| OPERATION ROCK THE TROOPS FRISCO, TX | TO SUPPORT ORGANIZATION'S MISSION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM MONTGOMERY DISE | DIRECTOR & PRESIDENT | 1 | — |
| MARY LISA DISE | DIRECTOR & VICE PRESIDENT | 1 | — |
| KIMBERLY KAY DISE TRIMBLE | SECRETARY | 1 | — |
| DONALD WAYNE TRIMBLE | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grateful Funds Inc?
Grateful Funds Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLOTHIAN, VA. It holds $785K in total assets as of 2024.
How large is Grateful Funds Inc?
As of 2024, Grateful Funds Inc holds $785K in total assets with $41K in annual revenue. It awarded 6 grants totaling $37K in 2024.
Where does Grateful Funds Inc operate?
Grateful Funds Inc has awarded grants in Illinois, North Carolina, New Jersey, Texas, Virginia.
What size grants does Grateful Funds Inc award?
In 2024, Grateful Funds Inc awarded 6 grants totaling $37K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Grateful Funds Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grateful Funds Inc reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grateful Funds Inc's EIN?
Grateful Funds Inc's EIN (Employer Identification Number) is 85-3262610. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grateful Funds Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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