GRSP Foundation Inc
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.
Key facts about GRSP Foundation Inc
In short: GRSP Foundation Inc gave $550K across 1 grant in 2025 (avg $550K), mostly in Georgia. Source: 2025 IRS Form 990.
- EIN
- 85-0868798
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $550,000
- Grants made (2025)
- 1
- Average grant
- $550,000
- Median grant
- $550,000
- Total assets
- $17,696,860
- Primary geography
- Georgia (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$17.7M
+6.3% YoY
Annual Giving
$550K
+10.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$550K
+10.0% YoY
How GRSP Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+5%). Method
From the foundation's IRS Form 990 filings. Methodology.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $127K (2021) to $550K (2025). In 2025 it made 1 grant totaling $550K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Georgia Rotary Student Program ($550K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Georgia Rotary Student Program Savannah, GA | Scholarships | $550,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $17,696,860 | $16,653,277 | $15,931,307 |
| Revenue | $1,473,070 | $1,285,672 | $941,389 |
| Expenses | $619,988 | $563,702 | $615,259 |
| Net Investment Income | $1,224,822 | $1,148,057 | $740,322 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS March 10, 2023)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 29, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2021–2024
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.
Here's the math on researching GRSP Foundation Inc by hand.
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