Ned and Kim Gay Foundation Inc

SAVANNAH, GA EIN: 55-0848183

Ned and Kim Gay Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. Net investment income was $11.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3K

+0.4% YoY

Revenue

$11

-8.3% YoY

Net Investment Income

$11

-8.3% YoY

Expenses

—

Under IRS private-foundation payout rules, Ned and Kim Gay Foundation Inc reported a distributable amount of $141 for 2024 — the minimum it must pay out in qualifying distributions.

About Ned and Kim Gay Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,870	$2,859	$2,847
Revenue	$11	$12	$6
Expenses	—	—	—
Qualifying Distributions	—	—	—
Net Investment Income	$11	$12	$6
Distributable Amount	$141	$141	$140

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EDGAR L T GAY	PRESIDENT	—	—
KIM H GAY	SECRETARY	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ned and Kim Gay Foundation Inc?

Ned and Kim Gay Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. It holds $3K in total assets as of 2024.

How large is Ned and Kim Gay Foundation Inc?

As of 2024, Ned and Kim Gay Foundation Inc holds $3K in total assets with $11 in annual revenue.

How much is Ned and Kim Gay Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ned and Kim Gay Foundation Inc reported a distributable amount of $141 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ned and Kim Gay Foundation Inc's EIN?

Ned and Kim Gay Foundation Inc's EIN (Employer Identification Number) is 55-0848183. IRS Form 990 filing data is available on this page for 2020–2024.