The Gramelspacher Foundation Inc
The Gramelspacher Foundation Inc is a private foundation, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $638K in total assets. In 2024, it awarded 32 grants totaling $25K. Net investment income was $129K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$638K
+14.9% YoY
Annual Giving
$25K
+7.6% YoY
Grant Count
32
+3.2% YoY
Avg Grant Size
$776.906
+4.2% YoY
Under IRS private-foundation payout rules, The Gramelspacher Foundation Inc reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About The Gramelspacher Foundation Inc
Based on IRS filings
The Gramelspacher Foundation Inc is a private foundation, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $638K in total assets. In 2024, it awarded 32 grants totaling $25K. Net investment income was $129K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $638,255 | $555,723 | $464,935 |
| Revenue | $131,210 | $53,878 | $43,694 |
| Expenses | $26,720 | $33,194 | $31,024 |
| Qualifying Distributions | $24,861 | $23,105 | $25,047 |
| Net Investment Income | $129,351 | $43,789 | $37,717 |
| Distributable Amount | $28,479 | $24,947 | $23,019 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brebeuf Fund ($10,785), St Thomas Aquinas ($3,000), Indianapolis Zoological Society Inc ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BREBEUF FUND INDIANAPOLIS, IN | DONATION FOR CHARITABLE MISSION | $10,785 |
| BROTHERS OF HOLY CROSS NOTRE DAME, IN | DONATION FOR CHARITABLE MISSION | $250 |
| CHILDREN'S MUSEUM INDIANAPOLIS, IN | DONATION FOR CHARITABLE MISSION | $300 |
| CONGREGATION OF HOLY CROSS NOTRE DAME, IN | DONATION FOR CHARITABLE MISSION | $250 |
| GEORGETOWN UNIVERSITY WASHINGTON, DC | DONATION FOR CHARITABLE MISSION | $100 |
| GREENWICH ACADEMY GREENWICH, CT | DONATION FOR CHARITABLE MISSION | $100 |
| INDIANAPOLIS ZOOLOGICAL SOCIETY INC INDIANAPOLIS, IN | DONATION FOR CHARITABLE MISSION | $2,000 |
| KEEP INDIANAPOLIS BEAUTIFUL INDIANAPOLIS, IN | DONATION FOR CHARITABLE MISSION | $100 |
| LAUREL SCHOOL SHAKER HEIGHTS, OH | DONATION FOR CHARITABLE MISSION | $25 |
| MIDDLEBURY COLLEGE MIDDLEBURY, VT | DONATION FOR CHARITABLE MISSION | $50 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MB GRAMELSPACHER | PRESIDENT & TREASURER | — | — |
Frequently Asked Questions
How large is The Gramelspacher Foundation Inc?
As of 2024, The Gramelspacher Foundation Inc holds $638K in total assets with $131K in annual revenue. It awarded 32 grants totaling $25K in 2024.
Where does The Gramelspacher Foundation Inc operate?
The Gramelspacher Foundation Inc has awarded grants in California, Colorado, Connecticut, District of Columbia, Georgia, Indiana, Michigan, Ohio, Vermont, Wyoming.
What size grants does The Gramelspacher Foundation Inc award?
In 2024, The Gramelspacher Foundation Inc awarded 32 grants totaling $25K — an average of about $776.906 per grant, based on its IRS Form 990 filings.
How much is The Gramelspacher Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gramelspacher Foundation Inc reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gramelspacher Foundation Inc's EIN?
The Gramelspacher Foundation Inc's EIN (Employer Identification Number) is 35-6024934. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Gramelspacher Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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