Michael P Gaunce Foundation
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.
Key facts about Michael P Gaunce Foundation
In short: Michael P Gaunce Foundation gave $48K across 6 grants in 2025 (avg $8K), mostly in Colorado. Source: 2025 IRS Form 990-PF.
- EIN
- 47-6644307
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $48,200
- Grants made (2025)
- 6
- Average grant
- $8,033
- Median grant
- $3,100
- Total assets
- $360,512
- Primary geography
- Colorado (52% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$361K
+5.0% YoY
Annual Giving
$48K
+3.4% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$8K
-31.0% YoY
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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $15K (2020) to $48K (2025). In 2025 it made 6 grants totaling $48K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Haven monistry ($25K). Together the top 6 received $48K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Haven monistry Aurora, CO | charity | $25,000 |
| Weslyn Indpls Fishers, IN | Charity | $15,000 |
| Hope intl missions South Bend, IN | Charity | $5,000 |
| True Gospel MIssion Indpls, IN | charity | $1,200 |
| FEA mission Hobe sound, FL | charity | $1,000 |
| EF missions Cambridge, MA | charity | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $360,512 | $343,279 | $208,608 |
| Revenue | $60,000 | $50,000 | $40,000 |
| Expenses | $49,655 | $49,215 | $44,309 |
| Qualifying Distributions | $48,200 | $46,600 | $42,250 |
| Net Investment Income | $12,768 | $6,544 | $6,362 |
| Distributable Amount | $14,660 | $8,080 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 3, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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.
Here's the math on researching Michael P Gaunce Foundation by hand.
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