The Creative Gift Foundation Inc

Private foundation · Grantmaker Orlando, FL EIN: 59-2344000

The Creative Gift Foundation Inc is a private foundation, based in Orlando, FL. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $405K in total assets. In 2022, it awarded 4 grants totaling $22K. Net investment income was $13K.

Key facts about The Creative Gift Foundation Inc

In short: The Creative Gift Foundation Inc gave $22K across 4 grants in 2022 (avg $5K), top state California. Source: 2022 IRS Form 990-PF.

EIN
59-2344000
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$21,895
Grants made (2022)
4
Average grant
$5,474
Median grant
$5,000
Total assets
$405,346
Primary geography
California (46% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$405K

-2.2% YoY

Annual Giving

$22K

+82.5% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$5K

-8.8% YoY

Under IRS private-foundation payout rules, The Creative Gift Foundation Inc reported a distributable amount of $20K for 2022 — the minimum it must pay out in qualifying distributions.

How The Creative Gift Foundation Inc gives

  • In 2022 it paid out 110% 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

5states

Share of 2022 grant dollars across all 4 itemized grants.

Cities

New YorkOrlandoCoronadoSeattleGlendaleGreenville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K6 grants2020 2 grants2021 4 grants2022

From 2020 to 2022, annual grant giving ranged from $12K (2021) to $42K (2020). In 2022 it made 4 grants totaling $22K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2022

Lambs Players Theatre: $10KLambs Players Theatre$10KFusionFest INC: $5KFusionFest INC$5KTaproot Theatre: $5KTaproot Theatre$5KApplied theatre center: $2KApplied theatre center$2K

The largest 2022 recipient was Lambs Players Theatre ($10K). Together the top 4 received $22K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lambs Players Theatre Coronado, CABeneficiary Distribution$10,000
FusionFest INC Orlando, FLBeneficiary Distribution$5,000
Taproot Theatre Seattle, WABeneficiary$5,000
Applied theatre center Greenville, SCBeneficiary$1,895

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022
Metric202220212020
Total Assets$405,346$414,254$397,471
Revenue$18,616$30,106$23,203
Expenses$27,524$13,555$42,582
Qualifying Distributions$21,895$12,000—
Net Investment Income$12,987$28,551$22,621
Distributable Amount$19,977$21,799$19,539

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Officers and directors from IRS filings

The Creative Gift Foundation Inc is led by Herbert Hansen, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Herbert Hansen

    President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dale Savidge

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Terry Olson

    Vice President & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "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 The Creative Gift Foundation Inc

How much does The Creative Gift Foundation Inc give each year?

The Creative Gift Foundation Inc gave $22K across 4 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $12K across 2 grants.

What is The Creative Gift Foundation Inc's typical grant size?

The Creative Gift Foundation Inc's median grant in 2022 was $5,000, and its average grant was $5,474, across 4 grants on its 2022 IRS Form 990-PF.

Where does The Creative Gift Foundation Inc give grants?

The Creative Gift Foundation Inc's top state is California, with 46% of the grant dollars itemized on its 2022 IRS Form 990-PF. The next largest states were Florida (23%) and Washington (23%).

Does The Creative Gift Foundation Inc give general operating support?

Not in 2022: none of the 4 grants with a stated purpose on The Creative Gift Foundation Inc's 2022 IRS Form 990-PF were described as general or operating support.

How large is The Creative Gift Foundation Inc?

The Creative Gift Foundation Inc reported $405K in total assets on its 2022 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).

What is The Creative Gift Foundation Inc's EIN?

The Creative Gift Foundation Inc's EIN (Employer Identification Number) is 59-2344000. IRS Form 990 filing data is available on this page for 2020–2022.

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

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