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Grsp Foundation Inc

Foundation · Grantmaker VALDOSTA, 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.7M

+4.5% YoY

Revenue

$1.3M

+36.6% YoY

Net Investment Income

$1.1M

+55.1% YoY

Expenses

$564K

-8.4% YoY

About Grsp Foundation Inc

Based on IRS filings

Grsp Foundation Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in VALDOSTA, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $16.7M in total assets. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Savannah

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$354K$707K$1M$1M2021202220232024
Metric202420232022
Total Assets$16,653,277$15,931,307$15,605,177
Revenue$1,285,672$941,389$1,060,324
Expenses$563,702$615,259$599,644
Qualifying Distributions
Net Investment Income$1,148,057$740,322$729,310
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$131K$262K$393K$525K0 grants20211 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ELENI BAFASSECRETARY2
JIM DRAKEVICE PRESIDE2
JOE JONESDIRECTOR2
WILLIAM T ADKINS JRPRESIDENT2
BLAKE MCBURNEYDIRECTOR2
BETH SIKESDIRECTOR2
HAMSA THOTATREASURER2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Grsp Foundation Inc?

Grsp Foundation Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in VALDOSTA, GA. It holds $16.7M in total assets as of 2024.

How large is Grsp Foundation Inc?

As of 2024, Grsp Foundation Inc holds $16.7M in total assets with $1.3M in annual revenue.

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 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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