GRSP Foundation Inc logo

GRSP Foundation Inc

Public charity · Grantmaker Savannah, GA EIN: 85-0868798 Website

Organization's mission is to support and carry out functions that are essential and integral to the accomplishment of the exempt purposes of the Georgia rotary student program by engaging in fund management, fundraising, and grant-making.

GRSP Foundation Inc at a glance

In short: GRSP Foundation Inc gave $550K across 1 grant in 2025 (avg $550K), mostly in Georgia. Source: 2025 IRS Form 990.

Annual giving (2025)
$550,000
+10.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$550,000
+10.0% vs 2024
Median grant
$550,000
Total assets
$17,696,860
+6.3% vs 2024
Primary geography
Georgia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who GRSP Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Georgia Rotary Student Program: $550KGeorgia Rotary Student Program$550K

The largest 2025 recipient was Georgia Rotary Student Program ($550K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K4$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

SavannahValdosta

How GRSP Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+5%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $127K (2021) to $550K (2025). In 2025 it made 1 grant totaling $550K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Georgia Rotary Student Program Savannah, GAScholarships$550,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$17,696,860$1,473,070$619,988$550,0001$1,224,822
2024$16,653,277$1,285,672$563,702$500,0001$1,148,057
2023$15,931,307$941,389$615,259$550,0001$740,322
2022$15,605,177$1,060,324$599,644$524,5601$729,310
2021$17,809,064$1,128,818$175,500$127,3001$549,468

About GRSP Foundation Inc

Based on IRS filings

GRSP Foundation Inc is a public charity focused on Arts, Culture & Humanities, based in Savannah, GA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $17.7M in total assets. In 2025, it awarded 1 grant totaling $550K. Net investment income was $1.2M.

Leadership & Key People

Officers and directors from IRS filings

GRSP Foundation Inc is led by William T. Adkins Jr., President on every filing since 2024; none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • William T. Adkins Jr.

    President

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Andre Marria

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Ed Presnell

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Greg Whitlock

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Ken Townsed

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Michael Chalout

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Cheryl Huffman

    Secretary

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Mike Alexander

    Vice President

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Teri White

    Treasurer

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (8)
  • Former: Beth Sikes (2021–2024) — Director
  • Former: Blake McBurney (2021–2024) — Director
  • Former: Eleni Bafas (2021–2024) — Secretary
  • Former: Hamsa Thota (2021–2024) — Treasurer
  • Former: Jim Drake (2021–2024) — Vice President
  • Former: Joe Jones (2023–2024) — Director
  • Former: Terry Adkins (2021–2023) — Director
  • Former: Joseph Jones (2021–2022) — President

Data from IRS Form 990 filings, 2021–2025. "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 GRSP Foundation Inc

How much does GRSP Foundation Inc give each year?

GRSP Foundation Inc gave $550K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $500K across 1 grant.

How large is GRSP Foundation Inc?

GRSP Foundation Inc reported $17.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.

What is GRSP Foundation Inc?

GRSP Foundation Inc is a public charity focused on Arts, Culture & Humanities, based in Savannah, GA. It holds $17.7M in total assets as of 2025.

Where does GRSP Foundation Inc operate?

GRSP Foundation Inc has awarded grants in Georgia.

What is GRSP Foundation Inc's EIN?

GRSP Foundation Inc's EIN (Employer Identification Number) is 85-0868798. IRS Form 990 filing data is available on this page for 2021–2025.

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

  1. Updated Form 990 for fiscal year 2022 (received by the IRS March 10, 2023)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS February 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS April 29, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  6. IRS filings on file for fiscal years 2021–2024

Explore Open Grants

Browse active grant opportunities in GRSP Foundation Inc's focus areas in our free grants database

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More similar funders

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from GRSP Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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