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Pontikes Family Foundation is a private corporation based in NASHVILLE, TN. The foundation received its IRS ruling in 2021. The principal officer is % Nicholas K Pontikes. It holds total assets of $5M. Annual income is reported at $389K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Pontikes Family Foundation has made 10 grants totaling $314K, with a median grant of $18K. Annual giving has grown from $44K in 2021 to $176K in 2023. Individual grants have ranged from $4K to $102K, with an average award of $31K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Tennessee, Georgia, North Carolina, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Pontikes Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in TN, GA, NC.
Pontikes Family Foundation has distributed a total of $314K across 10 grants. The median grant size is $18K, with an average of $31K. Individual grants have ranged from $4K to $102K.
Pontikes Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pontikes Family Foundation is headquartered in NASHVILLE, TN. While based in TN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicholas Pontikes | TREASURER | $0 | $0 | $0 |
| Dorene Gustitus | VICE PRESIDENT | $0 | $0 | $0 |
| Gwen Pontikes | SECRETARY | $0 | $0 | $0 |
Total Giving
$215K
Total Assets
$5.2M
Fair Market Value
$5.7M
Net Worth
$5.2M
Grants Paid
$176K
Contributions
$0
Net Investment Income
$118K
Distribution Amount
$264K
Total Grants
10
Total Giving
$314K
Average Grant
$31K
Median Grant
$18K
Unique Recipients
6
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Special Forces AssociationGENERAL PURPOSE | Fayette, NC | $15K | 2021 |
| Soc-FGENERAL PURPOSE | Atlanta, GA | $102K | 2023 |
| Tomahawk Charitable Solutions Foundation IncGENERAL PURPOSE | Nashville, TN | $60K | 2023 |
| Strings Music FestivalGENERAL PURPOSE | Steamboat Springs, CO | $10K | 2023 |
| Working BikesGENERAL PURPOSE | Chicago, IL | $5K |
| 2022 |
| Special Operations Care FundGENERAL PURPOSE | Atlanta, GA | $20K | 2021 |
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