Larry and Joanne Gay Charitable Foundation
Larry and Joanne Gay Charitable Foundation is a private foundation, based in Hot Springs Village, AR. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $20K in total assets. In 2025, it awarded 1 grant totaling $10K.
Key facts about Larry and Joanne Gay Charitable Foundation
In short: Larry and Joanne Gay Charitable Foundation gave $10K across 1 grant in 2025 (avg $10K), mostly in Arkansas. Source: 2025 IRS Form 990-PF.
- EIN
- 99-2016036
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $10,000
- Grants made (2025)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $19,821
- Primary geography
- Arkansas (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$20K
-25.7% YoY
Annual Giving
$10K
+100.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$10K
+100.0% YoY
Under IRS private-foundation payout rules, Larry and Joanne Gay Charitable Foundation reported a distributable amount of $555 for 2025 — the minimum it must pay out in qualifying distributions.
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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 2024 to 2025, annual grant giving ranged from $5K (2024) to $10K (2025). In 2025 it made 1 grant totaling $10K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was First United Methodist Church ($10K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First United Methodist Church Magnolia, AR | Church Operating Expenses | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $19,821 | $26,683 |
| Revenue | $10,000 | $47,463 |
| Expenses | $16,862 | $20,780 |
| Distributable Amount | $555 | $1,314 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2024 (received by the IRS September 4, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 28, 2026)
Leadership & Key People
Officers and directors from IRS filings
Larry and Joanne Gay Charitable Foundation's only listed officer is Joanne Gray, Secretary on every filing since 2024 (uncompensated).
Officers on the 2025 filing
Joanne Gray
Secretary
On filings since 2024
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "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 Larry and Joanne Gay Charitable Foundation
How much does Larry and Joanne Gay Charitable Foundation give each year?
Larry and Joanne Gay Charitable Foundation gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 1 grant.
How large is Larry and Joanne Gay Charitable Foundation?
Larry and Joanne Gay Charitable Foundation reported $20K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $10K.
Where does Larry and Joanne Gay Charitable Foundation operate?
Larry and Joanne Gay Charitable Foundation has awarded grants in Arkansas.
How much is Larry and Joanne Gay Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Larry and Joanne Gay Charitable Foundation reported a distributable amount of $555 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Larry and Joanne Gay Charitable Foundation's EIN?
Larry and Joanne Gay Charitable Foundation's EIN (Employer Identification Number) is 99-2016036. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Larry and Joanne Gay Charitable Foundation by hand.
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