The Gillespie Foundation Inc
The Gillespie Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hilton Head Island, SC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $47K in total assets. In 2025, it awarded 1 grant totaling $3K. Net investment income was $10K.
Key facts about The Gillespie Foundation Inc
- EIN
- 56-2019456
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $2,500
- Grants made (2025)
- 1
- Average grant
- $2,500
- Median grant
- $2,500
- Total assets
- $46,728
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
How The Gillespie Foundation Inc gives
- Giving grew 150% from 2022 to 2025. Method
- In 2025 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Gillespie Foundation Inc
- How to evaluate The Gillespie Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to The Gillespie Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$47K
+17.4% YoY
Annual Giving
$3K
+150.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3K
+150.0% YoY
Under IRS private-foundation payout rules, The Gillespie Foundation Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
About The Gillespie Foundation Inc
Based on IRS filings
The Gillespie Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hilton Head Island, SC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $47K in total assets. In 2025, it awarded 1 grant totaling $3K. Net investment income was $10K.
Focus Areas
Ready to take the next step with The Gillespie Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $46,728 | $39,813 | $34,523 |
| Revenue | $10,215 | $363 | $1,627 |
| Expenses | $3,300 | $1,650 | $1,650 |
| Qualifying Distributions | $2,500 | $1,000 | $1,000 |
| Net Investment Income | $10,215 | $363 | $433 |
| Distributable Amount | $2,156 | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include The First Tee of the Low Country ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| THE FIRST TEE OF THE LOW COUNTRY Hilton Head, SC | general operations | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John Gillespie | Administrator | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gillespie Foundation Inc?
The Gillespie Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hilton Head Island, SC. It holds $47K in total assets as of 2025.
How large is The Gillespie Foundation Inc?
As of 2025, The Gillespie Foundation Inc holds $47K in total assets with $10K in annual revenue. It awarded 1 grant totaling $3K in 2025.
Where does The Gillespie Foundation Inc operate?
The Gillespie Foundation Inc has awarded grants in Georgia, South Carolina, Tennessee.
What size grants does The Gillespie Foundation Inc award?
In 2025, The Gillespie Foundation Inc awarded 1 grant totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Gillespie Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Gillespie Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gillespie Foundation Inc's EIN?
The Gillespie Foundation Inc's EIN (Employer Identification Number) is 56-2019456. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Gillespie Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Central Carolina Community
Columbia, SC
Assets
$229.7M
Grants
481
Total Given
$21.0M
Coastal Community Foundation of South
N Charleston, SC
Assets
$435.6M
Grants
459
Total Given
$26.0M
Community Foundation of
Greenville, SC
Assets
$118.8M
Grants
346
Total Given
$26.4M
South Carolina Christian Foundation
Spartanburg, SC
Assets
$45.4M
Grants
285
Total Given
$11.6M
Spartanburg County Foundation
Spartanburg, SC
Assets
$247.9M
Grants
283
Total Given
$25.6M
United Community Bank Foundation
Greenville, SC
Assets
$11.8M
Grants
221
Total Given
$763K
Milliken & Company Charitable Foundation
Spartanburg, SC
Assets
$13.4M
Grants
141
Total Given
$2.2M
Community Foundation of the Lowcountry
Hilton Head Island, SC
Assets
$89.9M
Grants
132
Total Given
$7.8M
Comporium Foundation Inc
Rock Hill, SC
Assets
$20.6M
Grants
122
Total Given
$1.1M
J M Smith Foundation
Spartanburg, SC
Assets
$982K
Grants
108
Total Given
$537K
The Sunshine Foundation Inc
Barnwell, SC
Assets
$13.2M
Grants
104
Total Given
$724K
Arkwright Foundation
Spartanburg, SC
Assets
$16.8M
Grants
101
Total Given
$970K
More Funders in South Carolina
Data last updated September 2026. Sourced from IRS Form 990-PF filings.