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Also known as: C/O CUMBERLAND TRUST & INVESTMENT CO
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Ragsdale Family Foundation is a private corporation based in NASHVILLE, TN. The foundation received its IRS ruling in 1992. The principal officer is Cumberland Trust & Inv Co. It holds total assets of $943K. Annual income is reported at $320K. Total assets have decreased from $1.2M in 2011 to $918K in 2023. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Tennessee and California. According to available records, Ragsdale Family Foundation has made 15 grants totaling $242K, with a median grant of $5K. The foundation has distributed between $55K and $130K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $130K distributed across 10 grants. Individual grants have ranged from $1K to $50K, with an average award of $16K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Tennessee and California and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$19K
Largest Grant
$50K
Based on 3 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.
Ragsdale Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in TN, CA, NY.
Ragsdale Family Foundation has distributed a total of $242K across 15 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $1K to $50K.
Ragsdale Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ragsdale Family Foundation is headquartered in NASHVILLE, TN. While based in TN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard E Ragsdale | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Richard E Ragsdale Ii | DIRECTOR | $0 | $0 | N/A |
| Kevin G Ragsdale | DIRECTOR | $0 | $0 | N/A |
| Bethany R Corrieri | DIRECTOR | $0 | $0 | N/A |
| Brett T Corrieri | DIRECTOR | $0 | $0 | N/A |
Total Giving
$70K
Total Assets
$918K
Fair Market Value
$1.1M
Net Worth
$918K
Grants Paid
$55K
Contributions
N/A
Net Investment Income
$28K
Distribution Amount
$48K
Total: $891K
Total Grants
15
Total Giving
$242K
Average Grant
$16K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Nashville OperaTO FURTHER EXEMPT PURPOSE | Nashville, TN | $50K | 2023 |
| Westside Neighborhood SchoolTO FURTHER EXEMPT PURPOSE. | Los Angeles, CA | $5K | 2023 |
| Hopetown CharitableCHARITY | Rochester, NY | $8K | 2022 |
| Bridges For The Deaf And Hard Of HearingTO FURTHER EXEMPT PURPOSE | Nashville, TN | $1K | 2022 |
| Ruskin Group TheaterCHARITY | Santa Monica, CA | $1K | 2022 |