James K and Dana B Gulley Memorial

ORLANDO, FL EIN: 35-7257917

James K and Dana B Gulley Memorial is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORLANDO, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 3 grants totaling $1.5M. Net investment income was $486K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$1.5M

Grant Count

Avg Grant Size

$517K

Under IRS private-foundation payout rules, James K and Dana B Gulley Memorial reported a distributable amount of $9K for 2021 — the minimum it must pay out in qualifying distributions.

About James K and Dana B Gulley Memorial

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $1.5M (100%)

States

North Carolina

Cities

Goldsboro

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$1,080,566
Revenue	$486,471	$1,390,054
Expenses	$1,568,025	$19,799
Qualifying Distributions	$1,559,975	—
Net Investment Income	$486,426	$22,704
Distributable Amount	$9,037	$62,283

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2021

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Saint Paul United Methodist ($516,552), First Baptist Church of ($516,552), Pine Forest United Methodist ($516,552).

Recipient	Purpose	Amount
SAINT PAUL UNITED METHODIST GOLDSBORO, NC	GENERAL OPERATING	$516,552
FIRST BAPTIST CHURCH OF GOLDSBORO, NC	GENERAL OPERATING	$516,552
PINE FOREST UNITED METHODIST GOLDSBORO, NC	GENERAL OPERATING	$516,552

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is James K and Dana B Gulley Memorial?

James K and Dana B Gulley Memorial is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORLANDO, FL. It holds — in total assets as of 2021.

Where does James K and Dana B Gulley Memorial operate?

James K and Dana B Gulley Memorial has awarded grants in North Carolina.

What size grants does James K and Dana B Gulley Memorial award?

In 2021, James K and Dana B Gulley Memorial awarded 3 grants totaling $1.5M — an average of about $517K per grant, based on its IRS Form 990 filings.

How much is James K and Dana B Gulley Memorial required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, James K and Dana B Gulley Memorial reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is James K and Dana B Gulley Memorial's EIN?

James K and Dana B Gulley Memorial's EIN (Employer Identification Number) is 35-7257917. IRS Form 990 filing data is available on this page for 2020–2021.