Anchor 39 Foundation
Anchor 39 Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in Memphis, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $18.3M in total assets. In 2025, it awarded 4 grants totaling $164K. Net investment income was $9.7M.
Anchor 39 Foundation at a glance
In short: Anchor 39 Foundation gave $164K across 4 grants in 2025 (avg $41K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $164,250
- +169.3% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $41,063
- +236.6% vs 2024
- Median grant
- $6,125
- Total assets
- $18,266,827
- +107.8% vs 2024
- Primary geography
- New Jersey (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Anchor 39 Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Mustard Seed Church ($150K). Together the top 4 received $164K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 14 grants of 17 (82%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Anchor 39 Foundation gives
- Giving grew 614% from 2022 to 2025. Method
- In 2025 it paid out 30% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $23K (2022) to $164K (2025). In 2025 it made 4 grants totaling $164K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mustard Seed Church Paterson, NJ | General Charitable Purposes | $150,000 |
| International Mission Board Richmond, VA | General Charitable Purposes | $7,250 |
| Samaritan's Purse Boone, NC | General Charitable Purposes | $5,000 |
| Pan-African Academy of Christian Surgeons Palatine, IL | General Charitable Purposes | $2,000 |
Ready to take the next step with Anchor 39 Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $18,266,827 | $9,772,108 | $297,275 | $164,250 | 4 | $201,212 | $9,735,146 | $672,737 |
| 2024 | $8,791,994 | $3,981,546 | $130,239 | $61,000 | 5 | $97,429 | $3,945,117 | $237,295 |
| 2023 | $4,940,687 | $2,468,243 | $169,005 | $40,000 | 1 | $147,812 | $2,360,430 | $130,392 |
| 2022 | $2,641,450 | $1,556,465 | $52,551 | $23,000 | 5 | $49,883 | $1,524,672 | $146,755 |
| 2021 | $1,137,535 | $236,925 | $94,621 | $51,500 | 2 | $91,965 | $191,960 | $58,030 |
| 2020 | $995,231 | $565,676 | $31,077 | — | — | — | $191,063 | $29,554 |
Under IRS private-foundation payout rules, Anchor 39 Foundation reported a distributable amount of $673K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Anchor 39 Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michelle Kim
Director
On filings since 2020
5 hrs/week
No compensation reported
Elijah Kim
Prestreasdirector
Prestreasdirct → Prestreasdirector, 2024
On filings since 2020
5 hrs/week
No compensation reported
Stephen Kim
Secretarydirector
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Anchor 39 Foundation
How much does Anchor 39 Foundation give each year?
Anchor 39 Foundation gave $164K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $61K across 5 grants.
What is Anchor 39 Foundation's typical grant size?
Anchor 39 Foundation's median grant in 2025 was $6,125, and its average grant was $41,063, across 4 grants on its 2025 IRS Form 990-PF.
Where does Anchor 39 Foundation give grants?
Anchor 39 Foundation gives mostly in New Jersey: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Anchor 39 Foundation give general operating support?
Yes: 100% of Anchor 39 Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Anchor 39 Foundation?
Anchor 39 Foundation reported $18.3M in total assets on its 2025 IRS Form 990-PF. It paid out $201K in qualifying distributions that year, against a required minimum of $673K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Anchor 39 Foundation?
Anchor 39 Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in Memphis, TN. It holds $18.3M in total assets as of 2025.
What is Anchor 39 Foundation's EIN?
Anchor 39 Foundation's EIN (Employer Identification Number) is 82-5285229. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 11, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
Explore Open Grants
Browse active grant opportunities in Anchor 39 Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Ramsey Family Foundation
Wilmington, DE
Assets
$1.3M
Grants
9
Total Given
$49K
Beautiful Feet Foundation
Canfield, OH
Assets
$1.4M
Grants
8
Total Given
$139K
V and J Foundation
Higley, AZ
V and J Foundation funds humanitarian relief, primarily Christian churches, educational institutions, and organizations supporting families. In 2025, grants ranged from $50,000 to $660,000, with a median of $63,000, and went to organizations in several states. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$7.6M
Grants
10
Total Given
$1.3M
Goldston Family Foundation
Raleigh, NC
The Goldston Family Foundation supports charitable organizations, including animal welfare, education, religious, and nonprofit-capacity work, with most of its giving going to North Carolina. Its 2025 grants ranged from $500 to $10,000, with a median of $1,500. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$70K
Grants
16
Total Given
$55K
Krislynn Foundation
Irvine, CA
The foundation’s 2024 grants supported religious, family, and civil-liberties organizations, with awards ranging from $50 to $100,000 and a median of $1,200. Grants went mainly to organizations in California and Florida, with smaller amounts in Texas, Washington, DC, and Colorado. It funds only preselected charities and does not accept unsolicited requests.
Assets
$1.9M
Grants
26
Total Given
$270K
Harriet and Jerry Dempsey Family Foundation
Dallas, TX
In 2026, the foundation supported faith-based organizations, youth and family services, health programs, and other nonprofits, with grants ranging from $1,020 to $45,000 and a median of $10,000. It is based in Dallas, Texas, and recent grants went to organizations in several states, especially Georgia; the filing says there is no formal application and lists no deadlines.
Assets
$5.7M
Grants
27
Total Given
$364K
More similar funders
More Funders in Tennessee
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Anchor 39 Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Anchor 39 Foundation down — hundreds of funders to go?