GX Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DECATUR, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.6M in total assets. In 2024, it awarded 16 grants totaling $1.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.6M
-34.3% YoY
Annual Giving
$1.0M
+23.5% YoY
Grant Count
16
+14.3% YoY
Avg Grant Size
$66K
+8.0% YoY
Under IRS private-foundation payout rules, GX Foundation Inc reported a distributable amount of $822K for 2024 — the minimum it must pay out in qualifying distributions.
About GX Foundation Inc
Based on IRS filings
GX Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DECATUR, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.6M in total assets. In 2024, it awarded 16 grants totaling $1.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,592,027 | $22,216,394 | $23,467,630 |
| Revenue | $455,812 | $140,095 | $6,651,416 |
| Expenses | $1,070,543 | $855,567 | $653,200 |
| Qualifying Distributions | $1,049,500 | $850,000 | $653,200 |
| Net Investment Income | — | — | — |
| Distributable Amount | $822,002 | $1,046,519 | $652,977 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charity Water ($102,000), Vitamin Angels ($100,000), Carter Center ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Vitamin Angels Goleta, CA | Vitamin Angels provides prenatal vitamins and micronutrients to infants and young children globally | $100,000 |
| Carter Center Atlanta, GA | Support for Carter Centers work on fighting trachoma and blindness | $100,000 |
| Charity Water Franklin, TN | Providing clean water wells at multiple sites in Malawi and Madagascar | $102,000 |
| Mothers for Clean Air - SEE Calabasas, CA | MOCA is helping Georgia schools roll out newer school buses to reduce health impacts on Georgia children | $100,000 |
| Educate Girls US Austin, TX | Educate Girls focuses on girls education in India | $80,000 |
| Mosaic Health Center Clarkston, GA | Clarkston Community Health Center provides free and reduced cost health care services in Clarkston Georgia | $80,000 |
| Southface Atlanta, GA | Southfaces Goodworks program helps non-profits to retrofit their buildings to be more energy efficient saving them money over the long term | $75,000 |
| Friends of Refugees Clarkston, GA | Supported Friends of Refugees programs which help new mothers and their children learn English and help integrate into the US | $62,500 |
| Desai Foundation Woburn, MA | Supported Desai Foundation in its work provided menstrual products and education in India | $51,000 |
| Room to Read San Francisco, CA | Room to Read provides literacy education support globally | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PRAVEEN GHANTA | Director | — | — |
| SIREESHA C GHANTA | Executive Director | — | — |
| GURU P GHANTA | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is GX Foundation Inc?
GX Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DECATUR, GA. It holds $14.6M in total assets as of 2024.
How large is GX Foundation Inc?
As of 2024, GX Foundation Inc holds $14.6M in total assets with $456K in annual revenue. It awarded 16 grants totaling $1.0M in 2024.
Where does GX Foundation Inc operate?
GX Foundation Inc has awarded grants in California, Colorado, Georgia, Massachusetts, Maryland, New York, Tennessee, Texas, Virginia.
What size grants does GX Foundation Inc award?
In 2024, GX Foundation Inc awarded 16 grants totaling $1.0M — an average of about $66K per grant, based on its IRS Form 990 filings.
How much is GX Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, GX Foundation Inc reported a distributable amount of $822K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is GX Foundation Inc's EIN?
GX Foundation Inc's EIN (Employer Identification Number) is 86-2596055. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in GX Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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