The GFC Foundation
The GFC Foundation is a private foundation based in Pleasant Grove, Utah. It makes contributions to charitable organizations, including organizations working in public policy, education, and community services.
The GFC Foundation at a glance
In short: The GFC Foundation gave $1.2M across 14 grants in 2024 (avg $87K), mostly in Utah. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,216,492
- +2.5% vs 2023
- Grants made (2024)
- 14
- -6.7% vs 2023
- Average grant
- $86,892
- +9.8% vs 2023
- Median grant
- $10,000
- Total assets
- $14,028,959
- -4.8% vs 2023
- New grantees (estimate)
- 29% first-time grantees (4 of 14, 2024; small sample)
- Primary geography
- Utah (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The GFC Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 754, Pleasant Grove, UT 84062
Phone: (385) 225-9564
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The GFC Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Sutherland Institute ($1.1M). Together the top 10 received $1.2M.
Grant Size Distribution
56 grants across all recorded years
The most common grant size was under $50K: 45 grants of 56 (80%).
Geographic Focus
Where this funder awards grants
In 2024, Utah recipients received 91% of grant dollars. Recipients in Virginia received 5%, while those in Pennsylvania and Washington, DC, each received 2%. California accounted for 0% as reported.
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
Cities
Is The GFC Foundation open to new grantees?
29%
first-time grantees, 2024
In 2024, 4 of 14 grantees (29%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $11K; repeat grants $117K. How we count
Medians: $8K first-time, $10K repeat.
- 71% of 2024 grantees were also funded in 2023. Method
- Giving fell 46% from 2021 to 2024. Method
- In 2024 it paid out 179% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.2M (2023) to $2.2M (2021). In 2024 it made 14 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sutherland Institute Salt Lake City, UT | General Purpose | $1,053,230 |
| American Heritage School American Fork, UT | General Purpose | $53,698 |
| Institute for Family Studies Charlottesville, VA | General Purpose | $25,000 |
| Founding Forward Valley Forge, PA | General Purpose | $25,000 |
| Ethics and Pucli Policy Center Washington, DC | General Purpose | $15,000 |
| Logos Classical Academy Woodbridge, VA | General Purpose | $14,000 |
| Atlas Network Arlington, VA | General Purpose | $10,000 |
| Bill of Rights Institute Arlington, VA | General Purpose | $10,000 |
| DC Family & Youth Institute Washington, DC | General Purpose | $3,000 |
| Philanthropy Roundtable Washington, DC | General Purpose | $2,564 |
Ready to take the next step with The GFC Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $14,028,959 | $295,235 | $1,331,402 | $1,216,492 | 14 | $1,216,492 | $45,179 | $679,572 |
| 2023 | $14,729,172 | $480,291 | $1,282,370 | $1,186,591 | 15 | $1,186,591 | $382,627 | $757,785 |
| 2022 | $15,531,251 | $503,942 | $1,806,135 | $1,653,766 | 4 | $1,653,766 | $258,750 | $1,015,214 |
| 2021 | $16,504,980 | $2,550,435 | $2,356,655 | $2,236,356 | 13 | $2,236,356 | $2,463,117 | $1,043,787 |
| 2020 | $16,387,804 | $1,973,543 | $1,403,523 | $1,302,588 | 10 | — | $1,191,065 | $875,283 |
Under IRS private-foundation payout rules, The GFC Foundation reported a distributable amount of $680K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grantees include organizations with varied missions: Sutherland Institute describes itself as a conservative public-policy think tank pursuing free-market, civil-society, and community-driven solutions. The Bill of Rights Institute says it teaches history and civics and equips students and teachers to live the ideals of a free and just society. Logos Classical Academy says it partners with Christian families to provide a Christ-centered classical education. Kids on the Move says it supports children and families through early intervention, Early Head Start, and autism programs; FEAST says it works to improve health and wellness in low-income communities.
Grantmaking
In 2024, the foundation reported 14 grants totaling $1,216,492. Grant amounts ranged from $1,000 to $1,053,230, with a median of $10,000. The largest grants were $1,053,230 to Sutherland Institute and $53,698 to American Heritage School, both for general purposes. Other notable grants included $25,000 each to the Institute for Family Studies and Founding Forward, and $15,000 to the Ethics and Public Policy Center, all for general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Lauralyn B Swim as president, Brent McKinley as director, and Michale Ware as secretary.
The GFC Foundation is led by Lauralyn B. Swim, President on every filing since 2020; 2 of 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Lauralyn B. Swim
President
On filings since 2020
2 hrs/week
No compensation reported
Brent McKinley
Director
On filings since 2020
2 hrs/week
$14K (2020) → $16K (2024)
Michale Ware
Secretary
On filings since 2023
2 hrs/week
$5K (2024)
Former officers (1)
- Former: Michael Ware (2020–2022) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $16K, to Brent McKinley (Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The GFC Foundation
How much does The GFC Foundation give each year?
The GFC Foundation gave $1.2M across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 15 grants.
What is The GFC Foundation's typical grant size?
The GFC Foundation's median grant in 2024 was $10,000, and its average grant was $86,892, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The GFC Foundation that year got $11K on average.
Where does The GFC Foundation give grants?
The GFC Foundation gives mostly in Utah: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Washington, DC (4 grants) and Arlington, VA (2 grants).
Does The GFC Foundation give general operating support?
Yes: 100% of The GFC Foundation's 2024 grants with a stated purpose (14 of 14) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The GFC Foundation's largest grantees?
The GFC Foundation's largest 2024 grantees include Sutherland Institute ($1,053,230), American Heritage School ($53,698) and Institute for Family Studies ($25,000), according to its 2024 IRS Form 990-PF. Together they received 93% of its itemized 2024 grant dollars.
How large is The GFC Foundation?
The GFC Foundation reported $14.0M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $680K (roughly 5% of its investment assets).
What does The GFC Foundation fund?
No mission statement for the foundation is provided. Its 2024 grantees include organizations with varied missions: Sutherland Institute describes itself as a conservative public-policy think tank pursuing free-market, civil-society, and community-driven solutions. See mission & focus areas ↑
How do I apply for a grant from The GFC Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The GFC Foundation's EIN?
The GFC Foundation's EIN (Employer Identification Number) is 87-0529248. IRS Form 990 filing data is available on this page for 2020–2024.
Does The GFC Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The GFC Foundation funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/the-gfc-foundation-morg_da1d09c0463d494a859b3282dadc3b8a
BibTeX
@misc{grantable_870529248_2026,
author = {{Grantable}},
title = {{The GFC Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-gfc-foundation-morg_da1d09c0463d494a859b3282dadc3b8a},
note = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The GFC 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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