Gvec Charitable Foundation
Gvec Charitable Foundation is a public charity based in Gonzales, Texas. It supports community development and improvement projects by providing assistance to local nonprofit groups and civic organizations, and helps low-income people in the Guadalupe Valley Electric Cooperative service area with utility bills.
Gvec Charitable Foundation at a glance
In short: Gvec Charitable Foundation gave $368K across 20 grants in 2024 (avg $18K), mostly in Texas. 95% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $368,078
- +27.1% vs 2023
- Grants made (2024)
- 20
- +33.3% vs 2023
- Average grant
- $18,404
- -4.7% vs 2023
- Median grant
- $20,000
- Total assets
- $180,601
- -0.8% vs 2023
- New grantees (estimate)
- 95% first-time grantees (19 of 20, 2024; small sample)
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Gvec Charitable Foundation
- How to Apply
-
GVEC directs organizations to its Power Up grant application materials, which include eligibility requirements and an application checklist. The website says applicants may seek help with eligibility or completing the application.
- Review Cycle
- The website lists February 15 for the April distribution and August 15 for the October distribution.
- Deadline
- The website lists February 15 for the April distribution and August 15 for the October distribution.
- Contact
Mailing address: 825 E Sarah Dewitt Drive, Gonzales, TX 78629
Phone: (830) 857-1200
Website: https://gvec.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Gvec Charitable Foundation
Who Gvec Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Gonzales County Veterans Memorial Association ($20K). Together the top 10 received $200K.
Organizations only. It also paid 1 grant to individuals ($20,000), which are not listed by name.
Grant Size Distribution
90 grants across all recorded years
The most common grant size was under $50K: 90 grants of 90 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s stated mission covers low-income individuals within the Guadalupe Valley Electric Cooperative service area. GVEC says grant projects must lie within the outer geographical boundary lines of its service area or have overlapping service areas; some eligible locations may not themselves receive GVEC service. The foundation’s 2024 grant dollars went entirely to Texas recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
States
Cities
Is Gvec Charitable Foundation open to new grantees?
95%
first-time grantees, 2024
In 2024, 19 of 20 grantees (95%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $18K; repeat grants $20K. How we count
Medians: $20K first-time, $20K repeat.
- 0% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+18%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $290K (2023) to $368K (2024). In 2024 it made 20 grants totaling $368K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gonzales County Veterans Memorial Association Gonzales, TX | Veterans Memorial | $20,000 |
| 1 grant to individuals Recipients not named | — | $20,000 |
| Nixon Methodist Church Nixon, TX | God's Storehouse Food Pantry Expansion | $20,000 |
| Meyersville ISD Meyersville, TX | Light up Parking Safety | $20,000 |
| City of New Berlin New Berlin, TX | Walking Track | $20,000 |
| Knights of Columbus Hallettsville Hallettsville, TX | Re-Roof the Pavilion | $20,000 |
| Cuero VFD Cuero, TX | Bunker Gear and Boots | $20,000 |
| Marion VFD Marion, TX | Personal Protection Equipment | $20,000 |
| City of Cibolo Cibolo, TX | Cibolo's Partnered Trailways Project | $20,000 |
| Dewitt Medical Foundation Cuero, TX | Two Mobile Radios and Four Portable Radios | $20,000 |
Ready to take the next step with Gvec Charitable Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $180,601 | $411,884 | $412,718 | $368,078 | 20 |
| 2023 | $182,057 | $389,082 | $341,999 | $289,678 | 15 |
| 2022 | $135,213 | $367,341 | $400,895 | $342,629 | 20 |
| 2021 | $170,391 | $368,730 | $355,294 | $312,755 | 17 |
| 2020 | $159,623 | $368,224 | $368,756 | $299,901 | 18 |
| 2019 | $163,633 | $361,987 | $378,800 | $309,488 | 18 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to provide funding assistance to local nonprofit groups and civic organizations for community development and improvement projects, and to assist low-income individuals within the Guadalupe Valley Electric Cooperative service area.
The foundation’s website identifies education, youth programs, health care, community development, civic and community outreach, and public safety and service as grant areas. Its 2024 awards included a veterans memorial, school and community improvements, fire department protective equipment, medical radios, a food pantry expansion, and museum conservation work.
Examples illustrate the range of supported organizations. The Comal County Family Violence Shelter says it provides crisis and prevention services to people affected by domestic violence and sexual assault. Chisholm Trail Heritage Museum says it preserves South Central Texas ranching and Western heritage through exhibits, research, and educational programs. DeWitt Medical Foundation says it supports Cuero Regional Hospital in carrying out health services.
Grantmaking
In 2024, the foundation reported 20 grants totaling $368,078. Awards ranged from $10,318 to $20,000; the median was $20,000. The foundation’s filing also says that, during 2024, 21 nonprofit organizations or governmental entities received assistance.
Among the reported 2024 grants were $20,000 to Gonzales County Veterans Memorial Association for a veterans memorial; $20,000 to DeWitt Medical Foundation for two mobile and four portable radios; $20,000 to Comal County Family Violence Shelter for a sanctuary of play and healing; and $20,000 to Chisholm Trail Heritage Museum for replacement of storefront glass with UV conservation glass. Other listed awards included $15,000 to Texas Ramp Project and $10,318 to Gonzales County Senior Citizens Association.
The Power Up grant is described by GVEC as a finishing grant for capital projects or new initiatives, rather than ongoing programs or routine operating expenses. Projects are expected to be completed within 12 months of the award. For partial funding of a larger project, the application must include a total budget showing how it will be completed within that period. The website says applications are evaluated by a Grants Review Committee representing GVEC’s service areas.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Gary Korn as president, Sean Alvarez as vice president, and Ceason Barnick as secretary/treasurer. The filing states that the three directors have a business relationship with one another and are each key employees of Guadalupe Valley Electric Cooperative, Inc.
Gvec Charitable Foundation is led by Gary Korn, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gary Korn
President
On filings since 2020
1 hr/week
No compensation reported
Ceason Barnick
Secretary & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Sean Alvarez
Vice President
On filings since 2019
1 hr/week
No compensation reported
Former officers (2)
- Former: Gary Korn June - Dec (2019) — President
- Former: Steve Byone Jan - May (2019) — President
Data from IRS Form 990 filings, 2019–2024. "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 Gvec Charitable Foundation
How much does Gvec Charitable Foundation give each year?
Gvec Charitable Foundation gave $368K across 20 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $290K across 15 grants.
What is Gvec Charitable Foundation's typical grant size?
Gvec Charitable Foundation's median grant in 2024 was $20,000, and its average grant was $18,404, across 20 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Gvec Charitable Foundation that year got $18K on average.
Where does Gvec Charitable Foundation give grants?
Gvec Charitable Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Cuero, TX (4 grants) and Gonzales, TX (2 grants).
Does Gvec Charitable Foundation give general operating support?
Not in 2024: none of the 20 grants with a stated purpose on Gvec Charitable Foundation's 2024 IRS Form 990 were described as general or operating support.
Who are Gvec Charitable Foundation's largest grantees?
Gvec Charitable Foundation's largest 2024 grantees include Gonzales County Veterans Memorial Association ($20,000), Nixon Methodist Church ($20,000) and Meyersville ISD ($20,000), according to its 2024 IRS Form 990. It also paid 1 grant to individuals ($20,000), which are not listed by name. Together they received 16% of its itemized 2024 grant dollars.
How large is Gvec Charitable Foundation?
Gvec Charitable Foundation reported $181K in total assets on its 2024 IRS Form 990. Its revenue that year was $412K.
What does Gvec Charitable Foundation fund?
The foundation’s stated mission is to provide funding assistance to local nonprofit groups and civic organizations for community development and improvement projects, and to assist low-income individuals within the Guadalupe Valley Electric Cooperative service area. See mission & focus areas ↑
How do I apply for a grant from Gvec Charitable Foundation?
GVEC directs organizations to its Power Up grant application materials, which include eligibility requirements and an application checklist. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Gvec Charitable Foundation's EIN?
Gvec Charitable Foundation's EIN (Employer Identification Number) is 45-3420216. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS August 10, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 20, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 30, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 29, 2025)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
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Cite this profile
Grantable. (2026). Gvec Charitable Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/gvec-charitable-foundation-morg_cd30ab51ff0f4996bb6fee896db30e22
BibTeX
@misc{grantable_453420216_2026,
author = {{Grantable}},
title = {{Gvec Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/gvec-charitable-foundation-morg_cd30ab51ff0f4996bb6fee896db30e22},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Gvec Charitable Foundation'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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