The Gustafson Charitable Foundation
The Gustafson Charitable Foundation is a private foundation, based in Big Horn, WY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $140K in total assets. In 2025, it awarded 3 grants totaling $41K. Net investment income was $14K.
Key facts about The Gustafson Charitable Foundation
In short: The Gustafson Charitable Foundation gave $41K across 3 grants in 2025 (avg $14K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 46-0649587
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $41,300
- Grants made (2025)
- 3
- Average grant
- $13,767
- Median grant
- $5,000
- Total assets
- $140,456
- Primary geography
- New York (98% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$140K
+7.3% YoY
Annual Giving
$41K
+838.6% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$14K
+525.8% YoY
Under IRS private-foundation payout rules, The Gustafson Charitable Foundation reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.
How The Gustafson Charitable Foundation gives
- Giving grew 860% from 2022 to 2025. Method
- In 2025 it paid out 442% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with The Gustafson Charitable Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $850 (2021) to $41K (2025). In 2025 it made 3 grants totaling $41K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Times Square Church ($36K). Together the top 3 received $41K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Times Square Church New York, NY | Unrestricted | $35,500 |
| The Brooklyn Tabernacle Brooklyn, NY | Unrestricted | $5,000 |
| Cornerstone Church of Sheridan Sheridan, WY | Unrestricted | $800 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $140,456 | $130,844 | $129,094 |
| Revenue | $53,903 | $5,884 | $8,175 |
| Expenses | $44,291 | $6,134 | $8,194 |
| Qualifying Distributions | $41,300 | $4,400 | $6,350 |
| Net Investment Income | $13,683 | $5,884 | $8,175 |
| Distributable Amount | $9,353 | $7,537 | $6,747 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
- Added Form 990-PF for fiscal year 2024 (received by the IRS November 4, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
The Gustafson Charitable Foundation is led by Terry Chad Gustafson, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Terry Chad Gustafson
President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Gustafson Charitable Foundation
How much does The Gustafson Charitable Foundation give each year?
The Gustafson Charitable Foundation gave $41K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 2 grants.
What is The Gustafson Charitable Foundation's typical grant size?
The Gustafson Charitable Foundation's median grant in 2025 was $5,000, and its average grant was $13,767, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Gustafson Charitable Foundation give grants?
The Gustafson Charitable Foundation gives mostly in New York: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does The Gustafson Charitable Foundation give general operating support?
Yes: 100% of The Gustafson Charitable Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Gustafson Charitable Foundation?
The Gustafson Charitable Foundation reported $140K in total assets on its 2025 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).
What is The Gustafson Charitable Foundation's EIN?
The Gustafson Charitable Foundation's EIN (Employer Identification Number) is 46-0649587. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Gustafson Charitable Foundation by hand.
Explore Open Grants
Browse active grant opportunities in The Gustafson Charitable Foundation's focus areas in our free grants database
Similar Funders
Similar funders in Wyoming
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research and public engagement in mathematics and the physical, life, autism, and neuroscience sciences. In 2024, it made 1,727 grants, with a median award of $72,000 and amounts ranging from $1,480 to $20 million, supporting organizations in the U.S. and internationally. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
Local Initiatives Support Corporation
New York, NY
LISC funds affordable housing, community development, small businesses, and related efforts that strengthen inclusive communities, providing grants as well as loans, equity, and technical assistance across the country. Its 2024 grants had a median award of $40,000, though amounts varied widely. Application access is program-specific: for its Rhode Island child care facilities planning grants, applicants are instructed to consult program staff before submitting a request.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Wellspring Philanthropic Fund supports human rights and social and economic justice, including work on climate, the environment, civic engagement, and Jewish causes, in the United States and internationally. Its 2024 grants had a median of $200,000, with amounts ranging from $500 to $9.75 million. It funds only preselected organizations and does not accept unsolicited requests; it plans to end grantmaking by the end of 2028.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
Wyoming Community Foundation
Laramie, WY
Wyoming Community Foundation funds charitable programs addressing community needs and building organizational capacity in areas such as arts, education, health, environment, and civic life, with grants in every Wyoming county. Most competitive-cycle awards are $1,000–$10,000, though larger amounts are considered. It accepts electronic applications through two competitive grant cycles each year.
Assets
$230.8M
Grants
401
Total Given
$15.6M
Community Foundation of Jackson Hole
Jackson, WY
The Community Foundation of Jackson Hole funds local nonprofits addressing community needs, including human services, health, arts, youth, conservation, and public safety, as well as student scholarships. Its Competitive Grants typically offer $3,000–$30,000, and its grant programs focus on Teton County, Wyoming. It accepts unsolicited requests through its grant programs.
Assets
$170.9M
Grants
374
Total Given
$39.6M
Wyoming Early Childhood Partnership
Casper, WY
Wyoming Early Childhood Partnership supported early childhood education, child development, and related family services in Wyoming, with past grants ranging from $20,200 to $41,171. Its 2024 filing reports no grants and no assets, and its 2023 return was marked final; whether it accepts unsolicited requests is not stated.
Assets
—
Grants
216
Total Given
$3.1M
The Andrew Allen Charitable Foundation
Cheyenne, WY
The Andrew Allen Charitable Foundation supports a range of charitable organizations, including universities, hospitals, arts and cultural groups, public media, and animal shelters. In 2025, it made 161 grants totaling about $1.48 million; grants ranged from $50 to $329,546, with a median of $1,200, and most funding went to Wyoming and Tennessee. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$23.9M
Grants
161
Total Given
$1.5M
Wold Foundation
Casper, WY
The Wold Foundation funds education, youth and human services, health care, cultural and historic activities, science, conservation, and outdoor recreation, with a preference for Wyoming citizens and youth; it also funds organizations elsewhere in the continental U.S. Its 2024 grants ranged from $50 to $500,000, with a median of $5,000. It accepts online applications from eligible 501(c)(3) organizations for spring and fall grant cycles.
Assets
$53.1M
Grants
128
Total Given
$2.8M
More Funders in Wyoming
The Gustafson Charitable Foundation down — hundreds of funders to go?