Brumit Charitable Foundation

ELIZABETHTON, TN EIN: 62-6363392

Brumit Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELIZABETHTON, TN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $574K in total assets. In 2025, it awarded 1 grants totaling $71K. Net investment income was $33K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$574K

-6.5% YoY

Annual Giving

$71K

+848.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$71K

+848.8% YoY

Under IRS private-foundation payout rules, Brumit Charitable Foundation reported a distributable amount of $42K for 2025 — the minimum it must pay out in qualifying distributions.

About Brumit Charitable Foundation

Based on IRS filings

Brumit Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELIZABETHTON, TN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $574K in total assets. In 2025, it awarded 1 grants totaling $71K. Net investment income was $33K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Elizabethton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$46K$69K$92K20212022202320242025
Metric202520242023
Total Assets$573,925$613,632$613,999
Revenue$38,041$18,378$32,366
Expenses$77,748$18,745$62,592
Qualifying Distributions$71,157$7,500$53,500
Net Investment Income$33,475$9,312$9,324
Distributable Amount$42,469$37,513$32,345

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$53K$71K1 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

WATAUGA EAGLE SQUADRON$71K

Grant Size Distribution

5 grants across all recorded years

3<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Watauga Eagle Squadron ($71,157).

RecipientPurposeAmount
WATAUGA EAGLE SQUADRON ELIZABETHTON, TNTO PAY EXPENSES FOR SECONDARY SCHOOL STUDENTS TO ATTEND FLIGHT CLASSES.$71,157

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
JOHN W BRUMITTRUSTEE2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Brumit Charitable Foundation?

Brumit Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELIZABETHTON, TN. It holds $574K in total assets as of 2025.

How large is Brumit Charitable Foundation?

As of 2025, Brumit Charitable Foundation holds $574K in total assets with $38K in annual revenue. It awarded 1 grants totaling $71K in 2025.

Where does Brumit Charitable Foundation operate?

Brumit Charitable Foundation has awarded grants in Tennessee.

What size grants does Brumit Charitable Foundation award?

In 2025, Brumit Charitable Foundation awarded 1 grants totaling $71K — an average of about $71K per grant, based on its IRS Form 990 filings.

How much is Brumit Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Brumit Charitable Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Brumit Charitable Foundation's EIN?

Brumit Charitable Foundation's EIN (Employer Identification Number) is 62-6363392. IRS Form 990 filing data is available on this page for 2021–2025.

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

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