GVS Foundation Inc

Private foundation · Grantmaker Nicholasville, KY EIN: 20-1302432

GVS Foundation Inc is a private foundation, based in Nicholasville, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 5 grants totaling $3K.

GVS Foundation Inc at a glance

In short: GVS Foundation Inc gave $3K across 5 grants in 2024 (avg $540), mostly in Kentucky. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$2,700
+125.0% vs 2023
Grants made (2024)
5
+150.0% vs 2023
Average grant
$540
-10.0% vs 2023
Median grant
$650
Total assets
$6,675
-36.5% vs 2023
Primary geography
Kentucky (57% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who GVS Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Smile Train Inc: $1KSmile Train Inc$1KLiving Waters: $800Living Waters$800God's Pantry Food Bank: $650God's Pantry Food Bank$650Salvation Army: $150Salvation Army$150Meals on Wheels of Lexington Inc: $100Meals on Wheels of LexingtonInc$100

The largest 2024 recipient was Smile Train Inc ($1K). Together the top 5 received $3K.

Grant Size Distribution

27 grants across all recorded years

27<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 27 grants of 27 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

LexingtonAlpharettaClevelandFentonmNew YorkNicholasvilleRocklinAlexandriaAtlantaColorado SpringsDallasFrankfortGreen BayLouisvilleTampa

How GVS Foundation Inc gives

  • In 2024 it paid out 750% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K9 grants2020 0 grants2021 11 grants2022 2 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $1K (2023) to $5K (2022). In 2024 it made 5 grants totaling $3K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Smile Train Inc New York, NYTo provide children with support and care that have cleft issues$1,000
Living Waters Nicholasville, KYTo Support the Church and Its Community$800
God's Pantry Food Bank Lexington, KYTo support the organization's mission to reduce hunger in Kentucky$650
Salvation Army Alexandria, VATo provide support to those in need through food pantries, shelters, financial assistance and more$150
Meals on Wheels of Lexington Inc Lexington, KYTo Provide Meals to the Elderly$100
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024$6,675—$3,837$2,7005$3,328$444
2023$10,512—$1,200$1,2002$1,200$551
2022$11,712—$6,439$4,80011$6,016$794
2021$18,151$13,000$722——$167$499
2020$5,873—$3,615$2,9009—$382

Under IRS private-foundation payout rules, GVS Foundation Inc reported a distributable amount of $444 for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

GVS Foundation Inc is led by Greg Stegner, President, Treasurer & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Greg Stegner

    President, Treasurer & Director

    On filings since 2020

    No compensation reported

  • Erica Stegner

    Director

    On filings since 2020

    No compensation reported

  • Vickey Stegner

    V.p., Secretary & Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 GVS Foundation Inc

How much does GVS Foundation Inc give each year?

GVS Foundation Inc gave $3K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 2 grants.

What is GVS Foundation Inc's typical grant size?

GVS Foundation Inc's median grant in 2024 was $650, and its average grant was $540, across 5 grants on its 2024 IRS Form 990-PF.

Where does GVS Foundation Inc give grants?

GVS Foundation Inc gives mostly in Kentucky: 57% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (37%) and Virginia (6%). The most frequent recipient cities were Lexington, KY (2 grants).

Does GVS Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on GVS Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

Who are GVS Foundation Inc's largest grantees?

GVS Foundation Inc's largest 2024 grantees include Smile Train Inc ($1,000), Living Waters ($800) and God's Pantry Food Bank ($650), according to its 2024 IRS Form 990-PF. Together they received 91% of its itemized 2024 grant dollars.

How large is GVS Foundation Inc?

GVS Foundation Inc reported $7K in total assets on its 2024 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $444 (roughly 5% of its investment assets).

What is GVS Foundation Inc's EIN?

GVS Foundation Inc's EIN (Employer Identification Number) is 20-1302432. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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

Figures come from GVS 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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