The Griffin Achievement Trust

NEW SMYRNA BEACH, FL EIN: 82-3136355

The Griffin Achievement Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW SMYRNA BEACH, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $30K. Net investment income was $243K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+12.0% YoY

Annual Giving

$30K

-40.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$30K

-40.0% YoY

Under IRS private-foundation payout rules, The Griffin Achievement Trust reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.

About The Griffin Achievement Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $160K (100%)

States

Florida

Cities

Daytona Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,508,669	$1,347,260	$1,300,130
Revenue	$271,672	$56,516	$13,436
Expenses	$58,671	$86,519	$94,445
Qualifying Distributions	$30,000	$50,000	$50,000
Net Investment Income	$243,001	$19,997	—
Distributable Amount	$68,079	$64,184	$71,521

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 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Daytona State College Foundation ($30,000).

Recipient	Purpose	Amount
Daytona State College Foundation Daytona Beach, FL	To provide funds for vocational students based on financial need determined by college financial aid department and college's foundation	$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Joseph P Dudley	President	8	$23,852
Carla Gonzales	Foundation Mgr.	2	$2,400
Bradley F Douglas	Treasurer	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Griffin Achievement Trust?

The Griffin Achievement Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW SMYRNA BEACH, FL. It holds $1.5M in total assets as of 2024.

How large is The Griffin Achievement Trust?

As of 2024, The Griffin Achievement Trust holds $1.5M in total assets with $272K in annual revenue. It awarded 1 grants totaling $30K in 2024.

Where does The Griffin Achievement Trust operate?

The Griffin Achievement Trust has awarded grants in Florida.

What size grants does The Griffin Achievement Trust award?

In 2024, The Griffin Achievement Trust awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is The Griffin Achievement Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Griffin Achievement Trust reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.