The Gullquist Mullin Family Foundation
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
Share of all 12 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST PRESBYTERIAN CHURCH Richmond, VA | UNRESTRICTED | $20,000 |
| SCHOLARSHIP FOUNDATION OF INDIAN RIVER COUNTY Vero Beach, FL | UNRESTRICTED | $15,000 |
| WORLD PEDIATRIC PROJECT Richmond, VA | UNRESTRICTED | $15,000 |
| CLEMSON UNIVERSITY Clemson, SC | UNRESTRICTED | $10,000 |
| DENISON UNIVERSITY Granville, OH | UNRESTRICTED | $10,000 |
| ST CATHERINES SCHOOL FOUNDATION Richmond, VA | UNRESTRICTED | $7,500 |
| RIOMAR EDUCATION ASSISTANCE FDN INC Vero Beach, FL | UNRESTRICTED | $5,000 |
| SHELTERING ARMS Richmond, VA | UNRESTRICTED | $5,000 |
| VERO BEACH MUSEUM OF ART Vero Beach, FL | UNRESTRICTED | $5,000 |
| WOODBERRY FOREST SCHOOL Woodberry Forest, VA | UNRESTRICTED | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 30, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 27, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS March 30, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 27, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 7, 2023)
- 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.
Here's the math on researching The Gullquist Mullin Family Foundation by hand.
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