10-1 Foundation Inc
Preselected recipients only
10-1 Foundation Inc is a private foundation in Thomasville, Georgia. In tax year 2024 it gave $559,234 in 16 grants; the typical grant was $25,000 and the largest $150,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$559,234
- Number of grants16
- Typical grant$25,000
- Largest grant$150,000
- Assets$3.6 million
- New grantees50%
Giving in 2024 was down from $615,280 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $363,899 | 23 | $3.1 million |
| 2023 | $615,280 | 18 | $3.6 million |
| 2024 | $559,234 | 16 | $3.6 million |
How to apply
10-1 Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What 10-1 Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to Georgia.
| State | Grants | Amount |
|---|---|---|
| Georgia | 10 | $223,234 |
| Minnesota | 1 | $150,000 |
| Florida | 2 | $100,000 |
| North Carolina | 2 | $56,000 |
| Washington | 1 | $30,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Frontier Fellowship | General operating fund | $150,000 |
| Friends With Jesus Inc | General operating fund | $90,000 |
| Chapel at the Beach | General operating fund | $85,000 |
| Samaritan's Purse | General operating fund | $50,000 |
| Healing for the Nations | General operating fund | $32,000 |
| Sacred Road Ministries | General operating fund | $30,000 |
| Next Level Training and Development | General operating fund | $28,734 |
| Messiah for Israel Ministries | General operating fund | $25,000 |
| Passion City Church | General operating fund | $25,000 |
| International Prostate Cancer Fnd | General operating fund | $15,000 |
| Life 2 Life | General operating fund | $15,000 |
| Reformed University Fellowship | Intern support | $6,000 |
| Joshua's Promise | General operating fund | $3,000 |
| Young Life Thomas County | General operating fund | $2,500 |
| Archbold Foundation | General operating fund | $1,000 |
| Thomas County Youth Camp Inc | General operating fund | $1,000 |
Officers and trustees
- Michael A Grimsley
- T Cole Forsyth
- Brooke B Forsyth
Questions people ask
Does 10-1 Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does 10-1 Foundation Inc give?
$559,234 in tax year 2024, across 16 grants, with a typical grant of $25,000.
Who runs 10-1 Foundation Inc?
Its 2024 filing lists Michael A Grimsley (President), T Cole Forsyth (Vice Preside) and Brooke B Forsyth (Vice Preside).
What does 10-1 Foundation Inc fund?
Based on its grants, mainly faith communities.