Armed Services Mutual Benefit
TO PROVIDE MEMBERS WITH A VARIETY OF LOW COST BENEFIT PROGRAMS AND FINANCIAL SECURITY IN THE FORM OF LIFE INSURANCE AND SURVIVOR BENEFIT COVERAGES, WHICH ARE NOT OTHERWISE READILY AVAILABLE, AT REASONABLE RATES OR WITHOUT LIMITING CLAUSES (SUCH AS WAR) TO MEMBERS OF THE ARMED SERVICES DUE TO THEIR OCCUPATION AND THE RISKS INVOLVED.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$63.3M
+5.5% YoY
Annual Giving
$137K
+21.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$137K
+21.2% YoY
About Armed Services Mutual Benefit
Based on IRS filings
Armed Services Mutual Benefit is a nonprofit organization focused on Public, Societal Benefit, based in GOODLETTSVILLE, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $63.3M in total assets. In 2025, it awarded 1 grants totaling $137K. Net investment income was $2.9M.
Focus Areas
Ready to take the next step with Armed Services Mutual Benefit?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $63,346,194 | $60,063,419 | $56,245,710 |
| Revenue | $8,573,677 | $7,896,351 | $7,537,390 |
| Expenses | $5,477,437 | $5,885,557 | $5,906,651 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,908,323 | $2,024,729 | $1,533,713 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Asmba Star Foundation Inc ($137,226).
| Recipient | Purpose | Amount |
|---|---|---|
| ASMBA STAR FOUNDATION INC GOODLETTSVILLE, TN | SUPPORT MILITARY NOT-FOR-PROFITS | $137,226 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRICE N SMITH non-voting | President | 45 | $345,057 |
| DEBRA KUBIET | CHAIR | 2 | — |
| JOHN SARAGA | VICE CHAIR | 2 | — |
| JAMES MCKEE | GOVERNORS BOARD | 2 | — |
| DENNIS TONNESLAN | GOVERNORS BOARD | 2 | — |
| FRANK MURPHY | GOVERNORS BOARD | 2 | — |
| PETE AUBREY | GOVERNORS BOARD | 2 | — |
| SUSAN FAVERO | GOVERNORS BOARD | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Armed Services Mutual Benefit?
Armed Services Mutual Benefit is a nonprofit organization focused on Public, Societal Benefit, based in GOODLETTSVILLE, TN. It holds $63.3M in total assets as of 2025.
How large is Armed Services Mutual Benefit?
As of 2025, Armed Services Mutual Benefit holds $63.3M in total assets with $8.6M in annual revenue. It awarded 1 grants totaling $137K in 2025.
Where does Armed Services Mutual Benefit operate?
Armed Services Mutual Benefit has awarded grants in Tennessee.
What size grants does Armed Services Mutual Benefit award?
In 2025, Armed Services Mutual Benefit awarded 1 grants totaling $137K — an average of about $137K per grant, based on its IRS Form 990 filings.
What is Armed Services Mutual Benefit's EIN?
Armed Services Mutual Benefit's EIN (Employer Identification Number) is 62-0758518. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Armed Services Mutual Benefit's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Richard a Odom Family Foundation
PHOENIX, AZ
Assets
$3.4M
Grants
1
Total Given
$3.4M
The Community Foundation of Middle
NASHVILLE, TN
Assets
$832.0M
Grants
2,450
Total Given
$107.1M
Dollar General Employee Assistance
GOODLETSVILLE, TN
Assets
$4.5M
Grants
1,654
Total Given
$2.6M
Hca Healthcare Foundation
NASHVILLE, TN
Assets
$192.7M
Grants
999
Total Given
$25.4M
The Community Foundation of Greater Chattanooga Inc
CHATTANOOGA, TN
Assets
$245.3M
Grants
810
Total Given
$25.8M
Community Foundation
MEMPHIS, TN
Assets
$953.1M
Grants
761
Total Given
$134.3M
Christian Community Foundation of
MEMPHIS, TN
Assets
$218.6M
Grants
612
Total Given
$82.3M
Chattanooga Christian Community
CHATTANOOGA, TN
Assets
$136.1M
Grants
567
Total Given
$36.4M
Dollar General Literacy Foundation
GOODLETTSVILLE, TN
Assets
$69.8M
Grants
523
Total Given
$14.5M
International Paper Company Foundation
MEMPHIS, TN
Assets
$76.4M
Grants
472
Total Given
$3.4M
United Way of Middle Tennessee Inc
NASHVILLE, TN
Assets
$70.3M
Grants
466
Total Given
$29.0M
Regal Foundation
KNOXVILLE, TN
Assets
$10.0M
Grants
343
Total Given
$3.0M
More Funders in Tennessee
Data last updated April 2026. Sourced from IRS Form 990-PF filings.