Michael P Gaunce Foundation

Private foundation · Grantmaker Greenwood, IN EIN: 47-6644307

Michael P Gaunce Foundation is a private foundation, based in Greenwood, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $361K in total assets. In 2025, it awarded 6 grants totaling $48K. Net investment income was $13K.

Michael P Gaunce Foundation at a glance

In short: Michael P Gaunce Foundation gave $48K across 6 grants in 2025 (avg $8K), mostly in Colorado. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$48,200
+3.4% vs 2024
Grants made (2025)
6
+50.0% vs 2024
Average grant
$8,033
-31.0% vs 2024
Median grant
$3,100
Total assets
$360,512
+5.0% vs 2024
Primary geography
Colorado (52% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Michael P Gaunce Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Haven monistry: $25KHaven monistry$25KWeslyn Indpls: $15KWeslyn Indpls$15KHope intl missions: $5KHope intl missions$5KTrue Gospel MIssion: $1KTrue Gospel MIssion$1KFEA mission: $1KFEA mission$1KEF missions: $1KEF missions$1K

The largest 2025 recipient was Haven monistry ($25K). Together the top 6 received $48K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

FishersSouth BendAuroraLouisvilleAshlandBedfordCambridgeCottonwoodCottowoodHobe soundIndplsLousiville

How Michael P Gaunce Foundation gives

  • Giving grew 110% from 2022 to 2025. Method
  • In 2025 it paid out 329% 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$20K$40K$60K1 grant2019 1 grant2020 1 grant2021 2 grants2022 4 grants2023 4 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $15K (2020) to $48K (2025). In 2025 it made 6 grants totaling $48K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Haven monistry Aurora, COcharity$25,000
Weslyn Indpls Fishers, INCharity$15,000
Hope intl missions South Bend, INCharity$5,000
True Gospel MIssion Indpls, INcharity$1,200
FEA mission Hobe sound, FLcharity$1,000
EF missions Cambridge, MAcharity$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$360,512$60,000$49,655$48,2006$48,200$12,768$14,660
2024$343,279$50,000$49,215$46,6004$46,600$6,544$8,080
2023$208,608$40,000$44,309$42,2504$42,250$6,362—
2022$255,167$43,555$23,680$23,0002$23,000$3,555—
2021$258,292$30,000$18,010$17,0001$17,000——
2020$263,302$30,000$16,010$15,0001———
2019$264,312$8,805$16,025$15,4001———

Under IRS private-foundation payout rules, Michael P Gaunce Foundation reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Michael P Gaunce Foundation's only listed officer is Michael Gaunce, Founder.administator on every filing since 2019 (uncompensated).

Officers on the 2025 filing

  • Michael Gaunce

    Founder.administator

    On filings since 2019

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Michael P Gaunce Foundation

How much does Michael P Gaunce Foundation give each year?

Michael P Gaunce Foundation gave $48K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $47K across 4 grants.

What is Michael P Gaunce Foundation's typical grant size?

Michael P Gaunce Foundation's median grant in 2025 was $3,100, and its average grant was $8,033, across 6 grants on its 2025 IRS Form 990-PF.

Where does Michael P Gaunce Foundation give grants?

Michael P Gaunce Foundation gives mostly in Colorado: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Indiana (44%).

Does Michael P Gaunce Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Michael P Gaunce Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (6 grants).

Who are Michael P Gaunce Foundation's largest grantees?

Michael P Gaunce Foundation's largest 2025 grantees include Haven monistry ($25,000), Weslyn Indpls ($15,000) and Hope intl missions ($5,000), according to its 2025 IRS Form 990-PF. Together they received 93% of its itemized 2025 grant dollars.

How large is Michael P Gaunce Foundation?

Michael P Gaunce Foundation reported $361K in total assets on its 2025 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).

What is Michael P Gaunce Foundation's EIN?

Michael P Gaunce Foundation's EIN (Employer Identification Number) is 47-6644307. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 3, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS August 11, 2026)
  3. 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 Michael P Gaunce 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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