The Gullquist Mullin Family Foundation

Foundation · Grantmaker Vero Beach, FL EIN: 13-6982699

The Gullquist Mullin Family Foundation is a private foundation, based in Vero Beach, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $913K in total assets. In 2025, it awarded 12 grants totaling $96K. Net investment income was $84K.

Key facts about The Gullquist Mullin Family Foundation

In short: The Gullquist Mullin Family Foundation gave $96K across 12 grants in 2025 (avg $8K), mostly in Virginia. 17% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
13-6982699
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$96,000
Grants made (2025)
12
Average grant
$8,000
Median grant
$6,250
New grantees (estimate)
17% first-time grantees (2 of 12, 2025)
Total assets
$913,082
Primary geography
Virginia (52% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$913K

-3.1% YoY

Annual Giving

$96K

+71.4% YoY

Grant Count

12

+33.3% YoY

Avg Grant Size

$8K

+28.6% YoY

Under IRS private-foundation payout rules, The Gullquist Mullin Family Foundation reported a distributable amount of $79K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Gullquist Mullin Family Foundation open to new grantees?

17%

first-time grantees, 2025

In 2025, 2 of 12 grantees (17%) were first-time recipients. First grants averaged $5K; repeat grants $9K. How we count

Medians: $5K first-time, $9K repeat.

  • 75% of 2025 grantees were also funded in 2024. Method
  • Giving grew 22% from 2022 to 2025. Method
  • In 2025 it paid out 127% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of all 12 itemized 2025 grant dollars.

Cities

RichmondVero BeachClemsonNashvilleWashingtonGranvillePhoenixvilleWoodberry ForestDenverElonFort PierceHutchison IslandWolfeboro

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K7 grants201911 grants202012 grants202110 grants202210 grants20239 grants202412 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

First Presbyterian Church: $20KFirst Presbyterian Church$20KScholarship Foundation of Indian River County: $15KScholarship Foundation ofIndian River County$15KWorld Pediatric Project: $15KWorld Pediatric Project$15KClemson University: $10KClemson University$10KDenison University: $10KDenison University$10KSt Catherines School Foundation: $8KSt Catherines SchoolFoundation$8KRiomar Education Assistance Fdn Inc: $5KRiomar Education AssistanceFdn Inc$5KSheltering Arms: $5KSheltering Arms$5KVero Beach Museum of Art: $5KVero Beach Museum of Art$5KWoodberry Forest School: $3KWoodberry Forest School$3K

Grant Size Distribution

53 grants across all recorded years

53<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
FIRST PRESBYTERIAN CHURCH Richmond, VAUNRESTRICTED$20,000
SCHOLARSHIP FOUNDATION OF INDIAN RIVER COUNTY Vero Beach, FLUNRESTRICTED$15,000
WORLD PEDIATRIC PROJECT Richmond, VAUNRESTRICTED$15,000
CLEMSON UNIVERSITY Clemson, SCUNRESTRICTED$10,000
DENISON UNIVERSITY Granville, OHUNRESTRICTED$10,000
ST CATHERINES SCHOOL FOUNDATION Richmond, VAUNRESTRICTED$7,500
RIOMAR EDUCATION ASSISTANCE FDN INC Vero Beach, FLUNRESTRICTED$5,000
SHELTERING ARMS Richmond, VAUNRESTRICTED$5,000
VERO BEACH MUSEUM OF ART Vero Beach, FLUNRESTRICTED$5,000
WOODBERRY FOREST SCHOOL Woodberry Forest, VAUNRESTRICTED$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019202020212022202320242025
Metric202520242023
Total Assets$913,082$942,762$877,559
Revenue$71,859$123,383$39,255
Expenses$101,539$58,180$84,677
Qualifying Distributions$100,195$58,180$84,606
Net Investment Income$84,469$74,684$39,255
Distributable Amount$79,021$74,153$71,280

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 30, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 6, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 27, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 7, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 28, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  8. Added Form 990-PF for fiscal year 2019 (received by the IRS March 30, 2020)
  9. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 6, 2021)
  10. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 27, 2022)
  11. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 7, 2023)
  12. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 28, 2024)

Leadership & Key People

Officers and directors from IRS filings

The Gullquist Mullin Family Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Anne K. Gullquist

    Trustee & As Required

    On filings since 2019

    No compensation reported

  • Herbert Gullquist

    Trustee & As Required

    On filings since 2019

    No compensation reported

  • J. Vincent Boyle

    Trustee & As Required

    On filings since 2019

    No compensation reported

  • Todd W. Fennell

    Trustee & As Required

    On filings since 2024

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Gullquist Mullin Family Foundation

How much does The Gullquist Mullin Family Foundation give each year?

The Gullquist Mullin Family Foundation gave $96K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $56K across 9 grants.

What is The Gullquist Mullin Family Foundation's typical grant size?

The Gullquist Mullin Family Foundation's median grant in 2025 was $6,250, and its average grant was $8,000, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Gullquist Mullin Family Foundation that year got $5K on average.

Where does The Gullquist Mullin Family Foundation give grants?

The Gullquist Mullin Family Foundation gives mostly in Virginia: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (26%) and South Carolina (10%). The most frequent recipient cities were Richmond, VA (4 grants) and Vero Beach, FL (3 grants).

Does The Gullquist Mullin Family Foundation give general operating support?

Yes: 100% of The Gullquist Mullin Family Foundation's 2025 grants with a stated purpose (12 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Gullquist Mullin Family Foundation's largest grantees?

The Gullquist Mullin Family Foundation's largest 2025 grantees include First Presbyterian Church ($20,000), Scholarship Foundation of Indian River County ($15,000) and World Pediatric Project ($15,000), according to its 2025 IRS Form 990-PF. Together they received 52% of its itemized 2025 grant dollars.

How large is The Gullquist Mullin Family Foundation?

The Gullquist Mullin Family Foundation reported $913K in total assets on its 2025 IRS Form 990-PF. It paid out $100K in qualifying distributions that year, against a required minimum of $79K (roughly 5% of its investment assets).

What is The Gullquist Mullin Family Foundation's EIN?

The Gullquist Mullin Family Foundation's EIN (Employer Identification Number) is 13-6982699. IRS Form 990 filing data is available on this page for 2019–2025.

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

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