Christoval Foundation
Christoval Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing reports 11 grants totaling $104,600, all to organizations in Tennessee.
Christoval Foundation at a glance
In short: Christoval Foundation gave $105K across 11 grants in 2024 (avg $10K), mostly in Tennessee. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $104,600
- -1.3% vs 2023
- Grants made (2024)
- 11
- +0.0% vs 2023
- Average grant
- $9,509
- -1.3% vs 2023
- Median grant
- $10,000
- Total assets
- $1,770,715
- +1.6% vs 2023
- New grantees (estimate)
- 27% first-time grantees (3 of 11, 2024; small sample)
- Primary geography
- Tennessee (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Christoval Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Christoval Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Planned Parenthood Greater Memphis Region Inc ($25K). Together the top 10 received $104K.
Grant Size Distribution
53 grants across all recorded years
The most common grant size was under $50K: 53 grants of 53 (100%).
Geographic Focus
Where this funder awards grants
All reported 2024 grant dollars went to recipients in Tennessee.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
Is Christoval Foundation open to new grantees?
27%
first-time grantees, 2024
In 2024, 3 of 11 grantees (27%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $7K; repeat grants $10K. How we count
Medians: $8K first-time, $11K repeat.
- 73% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+3%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $96K (2020) to $107K (2022). In 2024 it made 11 grants totaling $105K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Planned Parenthood Greater Memphis Region Inc Memphis, TN | General & Unrestricted | $25,000 |
| Page-Robbins Adult Day Services Inc Collierville, TN | General & Unrestricted | $15,000 |
| Community Foundation of Greater Memphis Inc Memphis, TN | General & Unrestricted | $12,600 |
| Christian Brothers La Salle High School Memphis, TN | General & Unrestricted | $12,500 |
| Christian Brothers University Memphis, TN | Business scholarship fund | $12,500 |
| Rise Memphis Inc Memphis, TN | General & Unrestricted | $10,000 |
| Raphael Institute Inc Memphis, TN | General & Unrestricted | $7,500 |
| Memphis Center for Reproductive Memphis, TN | General & Unrestricted | $5,000 |
| Community Legal Center Memphis, TN | General & Unrestricted | $2,500 |
| Opera Memphis Inc Memphis, TN | General & Unrestricted | $1,000 |
Ready to take the next step with Christoval 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,770,715 | $171,762 | $144,027 | $104,600 | 11 | $121,373 | $132,202 | $127,399 |
| 2023 | $1,742,980 | $84,576 | $148,193 | $106,000 | 11 | $122,304 | $57,331 | $121,458 |
| 2022 | $1,806,597 | $148,598 | $148,927 | $107,000 | 10 | $124,141 | $123,798 | $120,968 |
| 2021 | $1,806,926 | $177,678 | $146,197 | $102,000 | 11 | $118,899 | $147,269 | $133,673 |
| 2020 | $1,775,445 | $116,662 | $139,014 | $96,000 | 10 | — | $121,819 | $119,865 |
Under IRS private-foundation payout rules, Christoval Foundation reported a distributable amount of $127K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2024 grants supported organizations including schools and a university, social-service organizations, reproductive-health organizations, legal services, literacy, and opera. These examples describe the grantees, not a stated foundation focus. RISE Memphis describes its mission as empowering people to become self-sufficient by building and sustaining human and financial assets. Community Legal Center says it provides legal services for low- to middle-income families. Opera Memphis says its mission is to entertain and inspire people in Memphis and the Mid-South through opera.
Grantmaking
In 2024, the foundation gave $104,600 through 11 grants. Grants ranged from $1,000 to $25,000, with a median of $10,000. The largest grants included $25,000 to Planned Parenthood Greater Memphis Region, $15,000 to Page-Robbins Adult Day Services, $12,600 to Community Foundation of Greater Memphis, and $12,500 each to Christian Brothers La Salle High School and Christian Brothers University. Other grants included $10,000 to RISE Memphis, $7,500 to Raphael Institute, $5,000 to Memphis Center for Reproductive, $2,500 to Community Legal Center, and $1,000 each to Opera Memphis and Shelby Literacy Center. The filing lists most of these grants as general and unrestricted; Christian Brothers University’s grant was for a business scholarship fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Cynthia Lynn Nelson as VP, director, president, secretary, and treasurer, and EJ Ned Nelson as president, director, and secretary.
Christoval Foundation is led by Cynthia Lynn Nelson, Vice President, Director, President, Secretary & Treasurer since 2024 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Cynthia Lynn Nelson
Vice President, Director, President, Secretary & Treasurer
Vice President → Vice President, Director, President, Secretary & Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
EJ Ned Nelson
President, Director & Secretary
On filings since 2020
1 hr/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.
Frequently asked questions about Christoval Foundation
How much does Christoval Foundation give each year?
Christoval Foundation gave $105K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $106K across 11 grants.
What is Christoval Foundation's typical grant size?
Christoval Foundation's median grant in 2024 was $10,000, and its average grant was $9,509, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Christoval Foundation that year got $7K on average.
Where does Christoval Foundation give grants?
Christoval Foundation gives mostly in Tennessee: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Memphis, TN (9 grants) and Collierville, TN (2 grants).
Does Christoval Foundation give general operating support?
Yes: 91% of Christoval Foundation's 2024 grants with a stated purpose (10 of 11) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Christoval Foundation's largest grantees?
Christoval Foundation's largest 2024 grantees include Planned Parenthood Greater Memphis Region Inc ($25,000), Page-Robbins Adult Day Services Inc ($15,000) and Community Foundation of Greater Memphis Inc ($12,600), according to its 2024 IRS Form 990-PF. Together they received 50% of its itemized 2024 grant dollars.
How large is Christoval Foundation?
Christoval Foundation reported $1.8M in total assets on its 2024 IRS Form 990-PF. It paid out $121K in qualifying distributions that year, against a required minimum of $127K (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 does Christoval Foundation fund?
The available information does not state a mission for the foundation. Its 2024 grants supported organizations including schools and a university, social-service organizations, reproductive-health organizations, legal services, literacy, and opera. See mission & focus areas ↑
How do I apply for a grant from Christoval Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Christoval Foundation's EIN?
Christoval Foundation's EIN (Employer Identification Number) is 27-5023620. IRS Form 990 filing data is available on this page for 2020–2024.
Does Christoval Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Christoval Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/christoval-foundation-morg_c14fca38254949ec8c35a5c92c5e250f
BibTeX
@misc{grantable_275023620_2026,
author = {{Grantable}},
title = {{Christoval Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/christoval-foundation-morg_c14fca38254949ec8c35a5c92c5e250f},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Christoval 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.
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