Angel Fund Charitable Institution Inc

Foundation · Grantmaker Estill Springs, TN EIN: 27-2548197

Angel Fund Charitable Institution Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Estill Springs, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 22 grants totaling $86K.

Key facts about Angel Fund Charitable Institution Inc

EIN
27-2548197
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$85,589
Grants made (2024)
22
Average grant
$3,890
Median grant
$1,850
Total assets
$25,253
Primary geography
Tennessee (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Angel Fund Charitable Institution Inc funds

By grant dollars, the top recipient states for Angel Fund Charitable Institution Inc's 22 itemized 2024 grants were Tennessee (100%). The most frequent recipient cities were Estill Springs, TN (18 grants) and Winchester, TN (2 grants). None of its 22 grants with a stated purpose were described as general or operating support. Recurring purposes include "Assist with Financial Hardship" (9 grants) and "Assist with Financial Hardships" (6 grants).

How Angel Fund Charitable Institution Inc gives

  • Giving grew 38% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25K

-46.1% YoY

Annual Giving

$86K

-7.9% YoY

Grant Count

22

+4.8% YoY

Avg Grant Size

$4K

-12.1% YoY

Under IRS private-foundation payout rules, Angel Fund Charitable Institution Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About Angel Fund Charitable Institution Inc

Based on IRS filings

Angel Fund Charitable Institution Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Estill Springs, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 22 grants totaling $86K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 22 itemized 2024 grant dollars.

States

Cities

Estill SpringsWinchesterDecherdTullahomaMonteagle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$36K$72K$108K$144K20202021202220232024
Metric202420232022
Total Assets$25,253$46,842$9,093
Revenue$64,000$130,661$81,278
Expenses$85,589$92,912$81,038
Qualifying Distributions$85,589$92,912$81,038
Net Investment Income———
Distributable Amount$1,125$1,698$457

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$46K$70K$93K12 grants202013 grants202120 grants202221 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

VFW Post 1893: $35KVFW Post 1893$35KJames Rich: $10KJames Rich$10KJanice Browning: $10KJanice Browning$10KRoy Smith: $3KRoy Smith$3KShane Wiggs: $3KShane Wiggs$3KDavid Jordan: $2KDavid Jordan$2KVarious Individuals: $2KVarious Individuals$2KBrothers of the Wheel: $2KBrothers of the Wheel$2KFranklin County Beterans Affairs: $2KFranklin County BeteransAffairs$2KConnie Couser: $2KConnie Couser$2K

Grant Size Distribution

88 grants across all recorded years

88<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include VFW Post 1893 ($34,540), James Rich ($10,000), Janice Browning ($9,620).

RecipientPurposeAmount
VFW POST 1893 Estill Springs, TNHELPING VETERANS & THEIR FAMILIES$34,540
JAMES RICH Estill Springs, TNASSIST WITH FINANCIAL HARDSHIPS$10,000
JANICE BROWNING Estill Springs, TNASSIST WITH FINANCIAL HARDSHIP$9,620
ROY SMITH Estill Springs, TNASSIST FAMILY WITH FINANCIAL HARDSHIP$3,000
SHANE WIGGS Estill Springs, TNASSIST WITH FINANCIAL ASSISTANCE$3,000
DAVID JORDAN Estill Springs, TNASSIST WITH FINANCIAL HARDSHIP$2,164
VARIOUS INDIVIDUALS Estill Springs, TNASSIST WITH FINANCIAL HARDSHIPS$2,124
BROTHERS OF THE WHEEL Decherd, TNASSIST WITH THE MISSION OF THE ORGANIZATION$2,000
FRANKLIN COUNTY BETERANS AFFAIRS Winchester, TNASSIST WITH THE MISSION OF THE ORGANIZATION$2,000
CONNIE COUSER Estill Springs, TNASSIST WITH FINANCIAL HARDSHIP$2,000

Leadership & Key People

Officers and directors from IRS filings

Angel Fund Charitable Institution Inc is led by Sandra German, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Sandra German

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dennis Basmajian

    Secretary

    On filings since 2020

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Angel Fund Charitable Institution Inc?

Angel Fund Charitable Institution Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Estill Springs, TN. It holds $25K in total assets as of 2024.

How large is Angel Fund Charitable Institution Inc?

As of 2024, Angel Fund Charitable Institution Inc holds $25K in total assets with $64K in annual revenue. It awarded 22 grants totaling $86K in 2024.

Where does Angel Fund Charitable Institution Inc operate?

Angel Fund Charitable Institution Inc has awarded grants in Tennessee.

What size grants does Angel Fund Charitable Institution Inc award?

In 2024, Angel Fund Charitable Institution Inc awarded 22 grants totaling $86K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Angel Fund Charitable Institution Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Angel Fund Charitable Institution Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Angel Fund Charitable Institution Inc's EIN?

Angel Fund Charitable Institution Inc's EIN (Employer Identification Number) is 27-2548197. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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