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Gift Of Music Foundation is a private trust based in NASHVILLE, TN. The foundation received its IRS ruling in 2004. The principal officer is Christine Allen. It holds total assets of $149K. Annual income is reported at N/A. Total assets have grown from $84K in 2011 to $166K in 2023. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. The foundation primarily funds organizations in Tennessee, California and New York. According to available records, Gift Of Music Foundation has made 14 grants totaling $43K, with a median grant of $1K. Annual giving has decreased from $12K in 2020 to $1K in 2023. Grantmaking activity was highest in 2022 with $20K distributed across 2 grants. Individual grants have ranged from N/A to $11K, with an average award of $3K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in California and Tennessee and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$650
Average Grant
$1K
Largest Grant
$4K
Based on 10 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.
Gift Of Music Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in CA, TN, NY.
Gift Of Music Foundation has distributed a total of $43K across 14 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from N/A to $11K.
Gift Of Music Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gift Of Music Foundation is headquartered in NASHVILLE, TN. While based in TN, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Allen | PRESIDENT | $0 | $0 | N/A |
Total Giving
$9K
Total Assets
$166K
Fair Market Value
$166K
Net Worth
$166K
Grants Paid
$1K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$8K
Total Grants
14
Total Giving
$43K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
10
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pepperdine FundTO BENEFIT MUSIC PROGRAMS OF THE UNIVERSITY | Malibu, CA | $1K | 2023 |
| Belmont University School Of MusicTO BENEFIT MUSIC PROGRAMS OF THE UNIVERSITY | Nashville, TN | $4K | 2020 |
| Grace To YouDONATED TO THE GENERAL FUND | Panorama City, CA | $1K | 2020 |
| Ronald Mcdonald House CharitiesTO SUPPORT ACCOMMODATIONS FOR FAMILIES AND CHILDREN WITH LIFE THREATENING DISEASES | Nashville, TN | $1K | 2020 |
| The Nashville DolphinsTO BENEFIT DISABLED CHILDREN | Nashville, TN | $800 | 2020 |
| The Salvation ArmyTO BENEFIT MUSIC PROGRAMS OF THE ORGANIZATION | Nashville, TN | $500 | 2020 |
| Make A Wish FoundationTO BENEFIT MUSIC PROGRAMS OF THE ORGANIZATION | Brentwood, TN | $500 | 2020 |
| Boxer RescueDONATED TO THE GENERAL FUND | Brentwood, TN | N/A | 2020 |
| Unicef UsaDONATED TO THE GENERAL FUND | New York, NY | N/A | 2020 |
| Goodwill Industries Of Middle TennesseeDONATED TO THE GENERAL FUND | Nashville, TN | N/A | 2020 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN