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Nesbitt Family Foundation Inc. is a private corporation based in MEMPHIS, TN. The foundation received its IRS ruling in 1997. The principal officer is % George A Nesbitt Pres. It holds total assets of $116K. Annual income is reported at $8K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Nesbitt Family Foundation Inc. has made 16 grants totaling $38K, with a median grant of $2K. The foundation has distributed between $12K and $14K annually from 2020 to 2023. Individual grants have ranged from $500 to $12K, with an average award of $2K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Florida, Virginia, New York, which account for 50% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Nesbitt Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in FL, VA, NY.
Nesbitt Family Foundation Inc. has distributed a total of $38K across 16 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $12K.
Nesbitt Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Nesbitt Family Foundation Inc. is headquartered in MEMPHIS, TN. While based in TN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Alan Nesbitt | TRUSTEE | $0 | $0 | $0 |
| Sherron Nesbitt | TRUSTEE | $0 | $0 | $0 |
Total Giving
$13K
Total Assets
$120K
Fair Market Value
$151K
Net Worth
$120K
Grants Paid
$12K
Contributions
$0
Net Investment Income
$2K
Distribution Amount
$8K
Total: $0
Total Grants
16
Total Giving
$38K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Jude FoundationCHARITABLE PURPOSES | Memphis, TN | $2K | 2022 |
| Salvation ArmyCHARITABLE PURPOSES | Sarasota, FL | $12K | 2020 |
| Rise Up Cafe Inclusion RevolutionCHARITABLE PURPOSES | Sarasota, FL | $3K | 2023 |
| Intl Fellowship Of Christians & JewCHARITABLE / HUMANITARIAN AID | Chicago, IL | $3K | 2023 |
| Salvation Army-Hi Fire ReliefCHARITABLE DISASTER RELIEF |
| Atlanta, GA |
| $3K |
| 2023 |
| Southeastern Guide DogsCHARITABLE PURPOSES | Palmetto, FL | $2K | 2023 |
| Hope For HallieCHARITABLE PURPOSES | Swarthmore, PA | $1K | 2023 |
| North River Prevention PtrsCHARITABLE PURPOSES | Palmetto, FL | $1K | 2023 |
| Salvation Army-Ukraine ReliefCHARITABLE WAR RELIEF | Alexandria, VA | $2K | 2022 |
| Tunnels To Towers FoundationCHARITABLE PURPOSES | Staten Island, NY | $2K | 2022 |
| Heifer InternationalCHARITABLE PURPOSES | Washington, DC | $500 | 2022 |
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