EIN 26-3533035

The James W and Frances Gibson McGlothlin Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2009
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The James W and Frances Gibson McGlothlin Foundation is a private foundation located in Bristol, VA that primarily funds a scholarship fund, teaching award fund, leadership forum fund, and general support. The foundation also provides funding for current needs due to the coronavirus impact and the terry and harold young endowed chair. Last year, the foundation made 25 grants.
Total revenues
$2,862,404
2023
Total expenses
$3,850,369
2023
Total assets
$52,382,939
2023
Num. employees
0
2023

Program areas at The James W and Frances Gibson McGlothlin Foundation

The camp for kids program is to send foster children, underprivileged and at-risk children to a week-long christian value summer camp. The camp provides a safe haven environment in a nurturing and loving atmosphere.
Ordinary income from ptp sales

Grants made by The James W and Frances Gibson McGlothlin Foundation

GranteeGrant descriptionAmount
William and Mary Business School FoundationScholarship Fund$579,711
Marshall-Wythe School of Law Foundation College of William and MaryScholarship Fund$578,428
ECOG-ACRIN Medical Research FoundationLaunch of the National Melanoma Prevention Trial$258,000
...and 18 more grants made totalling $2,472,285

Personnel at The James W and Frances Gibson McGlothlin Foundation

NameTitleCompensation
Lois ClarkePresident$804
Claire DavisExecutive Director and Assistant Secretary$28,269
Peggy LittletonExecutive Director$54,340

Financials for The James W and Frances Gibson McGlothlin Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$1,084,007
Net rental income$0
Net gain from sale of non-inventory assets$1,733,942
Gross sales of inventory$0
Miscellaneous revenues$44,455
Total revenues$2,862,404

Form 990s for The James W and Frances Gibson McGlothlin Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990PFView PDF
2022-122023-05-12990PFView PDF
2021-122022-05-14990PFView PDF
2020-122021-06-22990PFView PDF
2019-122020-09-18990PRView PDF
...and 8 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 10, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 29, 2023
Used new vendors
Identified 1 new vendor, including
June 7, 2022
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
1005 Glenway Ave
Bristol, VA 24201
Metro area
Kingsport-Bristol, TN-VA
County
Bristol city, VA
Phone
(276) 645-1436
IRS details
EIN
26-3533035
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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