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Filing year 2024

THE GARY V AND JANET R TOWNSEND FAMILY FOUNDATION INC

Muncie, Indiana·EIN 85-3564425·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$120k
Total assets
$2.7M
Total expenses
$152k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. THE GARY V AND JANET R TOWNSEND FAMILY FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

Chief Legal & Secretary
Executive Chairperson
CEO & Executive Director
CFO & Treasurer

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$137k

Itemized grants

10

Median grant

$6k

RecipientLocationPurposeAmount
YMCA OF MUNCIE INMUNCIE, INCAPITAL CAMPAIGN - NEW BUILDING$40k
BREAST CANCER RESEARCH FOUNDATIONNEW YORK, NYGENERAL SUPPORT$30k
ST JUDE'S CHILDREN'S RESEARCH HOSPITALMEMPHIS, TNGENERAL SUPPORT$30k
LIVE LIKE LOU FOUNDATIONOXFORD, OHROSELLE ENDOWMENT FOR ALS RESEARCH$10k
OHIO CHAPTER INTERNATIONAL SOCIETY OF ARBORICULTUREBALTIMORE, OHANNUAL PLEDGE FOR SCHOLARSHIP PROGRAM$6k
HILLCROFT SERVICESMUNCIE, INGENERAL SUPPORT$5k
SECOND HARVEST FOODBANKMUNCIE, INGENERAL SUPPORT$4k
WES-DEL COMMUNITY SCHOOLSGASTON, INDONATION TO STEM CLUB$4k
ANIMAL RESCUE FUNDMUNCIE, INGENERAL SUPPORT$4k
THE HUMANE SOCIETY OF THE UNITED STATESWASHINGTON, DCGENERAL SUPPORT$4k
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Financial trend

Revenue and expenses over time

THE GARY V AND JANET R TOWNSEND FAMILY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$77k
$159k
2023
$120k
$152k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Indiana

THE GARY V AND JANET R TOWNSEND FAMILY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Indiana earns a median of $18,575.

25th percentile
$5k
Median
$18,575
75th percentile
$71k
90th percentile
$154k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 669 organizations across 669 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Indiana →
FAQ

Common questions about THE GARY V AND JANET R TOWNSEND FAMILY FOUNDATION INC

What are THE GARY V AND JANET R TOWNSEND FAMILY FOUNDATION INC's revenue and expenses?

In 2024, THE GARY V AND JANET R TOWNSEND FAMILY FOUNDATION INC reported $120k in total revenue and $152k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.