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Owen Foundation is a private trust based in COOKEVILLE, TN. The foundation received its IRS ruling in 2023. The principal officer is Garry Mcnabb. It holds total assets of $7.8M. Annual income is reported at $396K. The foundation is governed by 4 officers and trustees. The foundation's principal activity is determining what qualified charitable entities will be the recepients of the foundation's charitable gifts. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. According to available records, Owen Foundation has made 12 grants totaling $116K, with a median grant of $1K. Individual grants have ranged from $250 to $62K, with an average award of $10K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
The foundation's principal activity is determining what qualified charitable entities will be the recepients of the foundation's charitable gifts.
The foundation's principal activity is determining what qualified charitable entities will be the recepients of the foundation's charitable gifts. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TN.
Owen Foundation has distributed a total of $116K across 12 grants. The median grant size is $1K, with an average of $10K. Individual grants have ranged from $250 to $62K.
Owen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Owen Foundation is headquartered in COOKEVILLE, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Garry Mcnabb | CHAIRMAN | $0 | $0 | N/A |
| Kim Lyles | TREASURER | $0 | $0 | N/A |
| Jim Darter | SECRETARY | $0 | $0 | N/A |
| Jonathan Mcnabb | VICE PRESIDENT | $0 | $0 | N/A |
| Year | Return Type | |
|---|---|---|
| 2023 | 990PF | View |
Total Giving
$141K
Total Assets
$7.9M
Fair Market Value
$7.9M
Net Worth
$7.9M
Grants Paid
$116K
Contributions
$7.9M
Net Investment Income
$149K
Distribution Amount
$232K
Total Grants
12
Total Giving
$116K
Average Grant
$10K
Median Grant
$1K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mustard Seed RanchHOME FOR ABUSED CHILDREN | Cookeville, TN | $62K | 2023 |
| Hope House Of TennesseePROVIDE HOUSING & RESOURSES TO HOMELESS PREGNANT TEENS AND CHILDRENPROVIDE HOUSING & RESOURSES TO HOMELESS PREGNANT TEENS AND CHILDREN | Nashville, TN | $25K | 2023 |
| Nashville SymphonyPUBLICE PERFORMANCES AND TRAINING YOUTH | Nashville, TN | $10K | 2023 |
| First Presbyterian ChurchSUPPORT CHURCH ACTIVITIES | Nashville, TN | $10K | 2023 |
| Cumberland UniversityNURSING PROGRAMNURSING PROGRAM SCHOLARSHIPS | Lebanon, TN | $3K | 2023 |
| Mental Health America Of The Mid-SouthSUPPORT MENTAL HEALTH AND SUBSTANCE ABUSE | Nashville, TN | $2K | 2023 |
| Cookeville Pregnancy ClinicSUPPORT PREGNANCY CRISIS | Cookeville, TN | $1K | 2023 |
| Heart Of The Cumberland IncSUPPORT GRIEVING CHILDREN, TEENS,AND ADULTS THROUGH PEER SUPPORT | Cookeville, TN | $1K | 2023 |
| CasaSUPPORT A CHILD'S RIGHT TO A SAFE AND PERMANENT HOME | Cookeville, TN | $1K | 2023 |
| Upper Cumberland Child AdvocacySUPPORT CHILDREN WHO ARE VICTIMS | Cookeville, TN | $1K | 2023 |
| Boy Scouts Of AmericaSUPPORT CHILDREN ACTIVITIES | Cookeville, TN | $500 | 2023 |
| Rains FoundationEDUCATION | Cookeville, TN | $250 | 2023 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN