Braswell Fund

MADISON, GA EIN: 58-6033308

Braswell Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, GA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $488K in total assets. In 2025, it awarded 8 grants totaling $21K. Net investment income was $14K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$488K

+2.8% YoY

Annual Giving

$21K

+4.5% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$3K

-21.6% YoY

Under IRS private-foundation payout rules, Braswell Fund reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.

About Braswell Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $87K (92%)

North Carolina $8K (8%)

States

Georgia North Carolina

Cities

AthensAtlantaCullowheeDahlonegaDemorestKennesawLawrencevilleMilledgevilleRoswellStatesboroTiftonToccoa Falls

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$487,922	$474,665	$368,568
Revenue	$20,732	$127,586	$36,132
Expenses	$32,375	$27,539	$26,564
Qualifying Distributions	$21,200	$20,300	$18,500
Net Investment Income	$13,858	$37,388	$1,963
Distributable Amount	$22,933	$20,957	$15,629

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Grant Size Distribution

35 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Georgia Military College ($4,600), University of North Georgia ($2,300), Georgia College State University ($2,300).

Recipient	Purpose	Amount
Georgia Military College Milledgeville, GA	Refund of scholarship	$4,600
University of North Georgia Dahlonega, GA	Scholarship	$2,300
Georgia College State University Milledgeville, GA	Scholarship	$2,300
University of Georgia Athens, GA	Scholarship	$2,300
Abraham Baldwin Agricultural Colleg Tifton, GA	Scholarship	$2,300
Georgia Southern University Statesboro, GA	Scholarship	$2,300
Western Carolina University Cullowhee, NC	Scholarship	$2,300
Georgia Gwinnett College Lawrenceville, GA	Scholarship	$2,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
Charles Merritt	Custodian	2	$3,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Braswell Fund?

Braswell Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, GA. It holds $488K in total assets as of 2025.

How large is Braswell Fund?

As of 2025, Braswell Fund holds $488K in total assets with $21K in annual revenue. It awarded 8 grants totaling $21K in 2025.

Where does Braswell Fund operate?

Braswell Fund has awarded grants in Georgia, North Carolina.

What size grants does Braswell Fund award?

In 2025, Braswell Fund awarded 8 grants totaling $21K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Braswell Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Braswell Fund reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.