The Hillbrook GKP III Foundation Inc
The Hillbrook GKP III Foundation Inc is a private foundation, based in Greensboro, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $30K in total assets. In 2025, it awarded 1 grant totaling $1K. Net investment income was $1K.
The Hillbrook GKP III Foundation Inc at a glance
In short: The Hillbrook GKP III Foundation Inc gave $1K across 1 grant in 2025 (avg $1K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,487
- -0.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $1,487
- -0.9% vs 2024
- Median grant
- $1,487
- Total assets
- $29,980
- -7.1% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Hillbrook GKP III Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Davidson College ($1K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Hillbrook GKP III Foundation Inc gives
- Giving fell 26% from 2022 to 2025. Method
- In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1K (2019) to $3K (2021). In 2025 it made 1 grant totaling $1K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Davidson College Davidson, NC | Joe Gardner Theatre Development Fund | $1,487 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $29,980 | $1,253 | $3,532 | $1,487 | 1 | $1,487 | $1,048 | $1,527 |
| 2024 | $32,259 | $1,667 | $3,499 | $1,500 | 1 | $1,500 | $1,449 | $1,639 |
| 2023 | $34,091 | $1,725 | $3,585 | $2,000 | 1 | $2,000 | $1,497 | $1,739 |
| 2022 | $35,951 | $546 | $3,369 | $2,000 | 2 | $2,000 | $315 | $1,863 |
| 2021 | $38,774 | $9 | $3,689 | $2,500 | 1 | $2,500 | — | $2,059 |
| 2020 | $42,454 | $168 | $3,156 | $2,000 | 1 | — | — | $2,218 |
| 2019 | $45,442 | $873 | $2,158 | $1,000 | 1 | — | $573 | $2,282 |
Under IRS private-foundation payout rules, The Hillbrook GKP III Foundation Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Hillbrook GKP III Foundation Inc is led by Stephen Knight Pond, President, Treasurer & Director on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Stephen Knight Pond
President, Treasurer & Director
On filings since 2019
No compensation reported
George Knight Pond III
Vice President & Director
On filings since 2019
No compensation reported
Marc D. Bishop
Secretary & Director
On filings since 2019
No compensation reported
Peter R. Frank
Director
On filings since 2019
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 Hillbrook GKP III Foundation Inc
How much does The Hillbrook GKP III Foundation Inc give each year?
The Hillbrook GKP III Foundation Inc gave $1K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.
How large is The Hillbrook GKP III Foundation Inc?
The Hillbrook GKP III Foundation Inc reported $30K in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Hillbrook GKP III Foundation Inc operate?
The Hillbrook GKP III Foundation Inc has awarded grants in North Carolina, South Carolina.
What is The Hillbrook GKP III Foundation Inc's EIN?
The Hillbrook GKP III Foundation Inc's EIN (Employer Identification Number) is 61-1409208. 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.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 12, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 20, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Hillbrook GKP III Foundation Inc's focus areas in our free grants database
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