The Gelvin Foundation

Organization Overview

The Gelvin Foundation is located in Eufaula, OK. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gelvin Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Gelvin Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $524.0k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Gelvin Foundation has awarded 690 individual grants totaling $3,295,050. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Therese Starr
Pres/treas
$41,000
Terry Doverspike
Vpres/secre
$41,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $33,757
Dividends & Interest $156,991
Net Rental Income$0
Net Gain on Sale of Assets $1,074,171
Capital Gain Net Income $573,171
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,264,919

Grants Awarded

Over the last fiscal year, The Gelvin Foundation has awarded $418,100 in support to 75 organizations.

Grant RecipientAmount

ASCENSION ST JOHN FOUNDATION

PURPOSE: CARDIAC EQUIPMENT

$35,000

COMMUNITY FOOD BANK OF EASTERN OKLA

Org PageRecipient Profile

Tulsa, OK

PURPOSE: FOOD PANTRY PROGRAM - MCALESTER

$25,000

MC INTOSH COUNTY YOUTH & FAMILY EDU

PURPOSE: EQUIPMENT AND THRIFT SHOP EXPENSES

$14,300

TULSA AIR & SPACE MUSEUM

PURPOSE: WATER LINE REPAIRS

$10,000

CHILD ABUSE NETWORK

Org PageRecipient Profile

Tulsa, OK

PURPOSE: EQUIPMENT AND PROGRAM EXPENSES

$10,000

NEW HOPE OKLAHOMA INC

PURPOSE: SUMMER CAMP PROGRAM EXPENSES

$10,000
View Grant Profile

Peer Organizations

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