The John C Griswold Family Foundation
John C Griswold Family Foundation maintains strong asset growth and zero reported officer compensation.
EIN: 132978937 · Wilmington, DE · Updated: 2026-03-28
Is The John C Griswold Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The John C Griswold Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The John C Griswold Family Foundation
The John C Griswold Family Foundation (EIN: 132978937) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $4.9M and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The John C Griswold Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The John C Griswold Family Foundation is a mid-size nonprofit that has been operating for 47 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $691K |
| Surplus / Deficit | +$1.1M |
| Total Assets | $12.4M |
| Total Liabilities | $1 |
| Net Assets | $12.4M |
| Operating Margin | 61.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 215.8 months |
Financial Health Grade: A
In 2023, The John C Griswold Family Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 215.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The John C Griswold Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +258.8% | -42.2% | +9.6% |
| 2022 | -70.4% | +5.8% | -5.8% |
| 2021 | -4.8% | +15.9% | +4.8% |
| 2020 | +62.3% | -1.8% | +7.3% |
| 2019 | +26.6% | -8.5% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The John C Griswold Family Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The John C Griswold Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are likely uncompensated or compensated through non-reportable means, which is highly efficient for a foundation of its size with assets exceeding $12 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for The John C Griswold Family Foundation:
- Consistent asset growth, reaching $12,429,185 in 202311.
- Zero reported officer compensation, indicating high administrative efficiency.
- Minimal liabilities, consistently reported as $1, demonstrating strong financial health.
- Positive net income in most years, such as $1,088,533 in 202311 ($1,779,731 revenue - $691,198 expenses).
- Long and consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about The John C Griswold Family Foundation
Is The John C Griswold Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The John C Griswold Family Foundation (EIN: 132978937) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does The John C Griswold Family Foundation spend its money?
The John C Griswold Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The John C Griswold Family Foundation tax-deductible?
The John C Griswold Family Foundation is registered as a tax-exempt nonprofit (EIN: 132978937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What specific programs does The John C Griswold Family Foundation fund?
The provided data does not detail the specific programs or grants made by the foundation. Further investigation into their Schedule I (Grants and Other Assistance) on their full 990 forms would be necessary to understand their programmatic focus.
How does the foundation generate its revenue?
The provided data only shows total revenue. As a family foundation, revenue typically comes from investment income (e.g., dividends, interest, capital gains) from its endowment, and potentially contributions from family members. The fluctuations in revenue, such as $1,779,731 in 202311 and $495,963 in 202211, suggest reliance on investment performance.
Is the foundation's asset growth sustainable?
The foundation has shown consistent asset growth over the past decade, increasing from $10,920,410 in 201111 to $12,429,185 in 202311. While there are minor year-to-year fluctuations, the overall trend is positive, suggesting sustainable growth, likely driven by investment returns and prudent financial management.
Filing History
IRS 990 filing history for The John C Griswold Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The John C Griswold Family Foundation's revenue has grown by 72.4%, moving from $1.0M to $1.8M. Total assets increased by 13.8% over the same period, from $10.9M to $12.4M. Total functional expenses fell by 20.9%, from $874K to $691K. In its most recent filing year (2023), The John C Griswold Family Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $12.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $691K | $12.4M | $1 | — | — |
| 2022 | $496K | $1.2M | $11.3M | $1 | — | View 990 |
| 2021 | $1.7M | $1.1M | $12.0M | $1 | — | View 990 |
| 2020 | $1.8M | $975K | $11.5M | $1 | — | View 990 |
| 2019 | $1.1M | $993K | $10.7M | $1 | — | View 990 |
| 2015 | $855K | $1.1M | $11.4M | $1 | — | View 990 |
| 2014 | $1.6M | $1.0M | $11.6M | $1 | — | View 990 |
| 2013 | $1.1M | $924K | $11.0M | $0 | — | View 990 |
| 2012 | $794K | $889K | $10.8M | $0 | — | View 990 |
| 2011 | $1.0M | $874K | $10.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $691K, and assets of $12.4M (revenue +258.8% year-over-year).
- 2022: Revenue of $496K, expenses of $1.2M, and assets of $11.3M (revenue -70.4% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.1M, and assets of $12.0M (revenue -4.8% year-over-year).
- 2020: Revenue of $1.8M, expenses of $975K, and assets of $11.5M (revenue +62.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $993K, and assets of $10.7M (revenue +26.6% year-over-year).
- 2015: Revenue of $855K, expenses of $1.1M, and assets of $11.4M (revenue -45.3% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.0M, and assets of $11.6M (revenue +36.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $924K, and assets of $11.0M (revenue +44.3% year-over-year).
- 2012: Revenue of $794K, expenses of $889K, and assets of $10.8M (revenue -23.0% year-over-year).
- 2011: Revenue of $1.0M, expenses of $874K, and assets of $10.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The John C Griswold Family Foundation:
Data Sources and Methodology
This transparency report for The John C Griswold Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.