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Friends Of Nathan Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2019. The principal officer is Foundation Source. It holds total assets of $696K. Annual income is reported at $165K. Total assets have grown from $398K in 2019 to $691K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. The foundation primarily funds organizations in California, Texas and Florida. According to available records, Friends Of Nathan Foundation has made 8 grants totaling $58K, with a median grant of $2K. The foundation has distributed between $5K and $27K annually from 2020 to 2023. Individual grants have ranged from $400 to $25K, with an average award of $7K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Pennsylvania and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$4K
Largest Grant
$10K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Friends Of Nathan Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in PA, TX.
Friends Of Nathan Foundation has distributed a total of $58K across 8 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $400 to $25K.
Friends Of Nathan Foundation typically selects its grantees rather than accepting unsolicited proposals.
Friends Of Nathan Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Melissa Cannon | Treas | $0 | $0 | N/A |
| Jeffrey Cannon | Dir, Pres, Sec | $0 | $0 | N/A |
Total Giving
$38K
Total Assets
$691K
Fair Market Value
$783K
Net Worth
$691K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$36K
Total Grants
8
Total Giving
$58K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bread Of Life International IncRenovations to the transition center fund | East Earl, PA | $25K | 2023 |
| Galilean Baptist ChurchBleachers and other general purposes | Cedar Hill, TX | $2K | 2022 |
| Central Missionary Clearinghouse IncGeneral & Unrestricted | Houston, TX | $1K | 2022 |
| Marion Baptist ChurchGeneral & Unrestricted | Marion, TX | $12K | 2020 |
| E3 Partners MinistryGeneral & Unrestricted | Plano, TX | $400 | 2020 |