//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have decreased from $157K in 2011 to $120K 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 2020 to 2023. 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.
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.
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 | N/A |
| Sherron Nesbitt | TRUSTEE | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$120K
Fair Market Value
$151K
Net Worth
$120K
Grants Paid
$12K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$8K
Total: N/A
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 |
| Salvation Army-Hi Fire ReliefCHARITABLE DISASTER RELIEF | Atlanta, GA | $3K | 2023 |
| Rise Up Cafe Inclusion RevolutionCHARITABLE PURPOSES | Sarasota, FL | $3K | 2023 |
| Intl Fellowship Of Christians & JewCHARITABLE / HUMANITARIAN AID | Chicago, IL | $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 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN