Continuing the Good Foundation

FRANKLIN, TN EIN: 82-1853425

Continuing the Good Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 22 grants totaling $313K. Net investment income was $240K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

-5.6% YoY

Annual Giving

$313K

+21.1% YoY

Grant Count

22

+22.2% YoY

Avg Grant Size

$14K

-0.9% YoY

Under IRS private-foundation payout rules, Continuing the Good Foundation reported a distributable amount of $256K for 2024 — the minimum it must pay out in qualifying distributions.

About Continuing the Good Foundation

Based on IRS filings

Continuing the Good Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 22 grants totaling $313K. Net investment income was $240K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Bowling GreenCentervilleChattanoogaChicagoClarksvilleCookevilleDavenportDicksonFlorenceHendersonJohnson CityKnoxvilleLylesMartinMurfreesboroNashvilleNunnelly

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$145K$289K$434K$579K20202021202220232024
Metric202420232022
Total Assets$3,886,393$4,117,396$4,392,471
Revenue$281,533$193,150$525,911
Expenses$513,107$467,929$417,193
Qualifying Distributions$321,844$269,623$204,416
Net Investment Income$240,270$153,052$482,550
Distributable Amount$256,466$244,871$249,150

Giving Over Time

Total grant dollars and number of grants per year

$0$78K$156K$234K$313K10 grants202011 grants202118 grants202218 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CENTERVILLE MUNICIPAL GOLF$38KUNIVERSITY OF TENNESSEE …$37KUNIVERSITY OF TENNESSEE …$32KAUSTIN PEAY STATE UNIVER…$31KMIDDLE TENNESSEE STATE U…$24KUT COLLEGE OF VETERINARY…$20KEAST HICKMAN HIGH SCHOOL$19KUNIVERSITY OF TENNESSEE …$13KHICKMAN COUNTY HIGH SCHOOL$12KBOY SCOUT TROOP 772$10K

Grant Size Distribution

79 grants across all recorded years

76<$50K3$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 include Centerville Municipal Golf ($38,000), University of Tennessee Martin ($36,500), University of Tennessee Knoxville ($32,000).

RecipientPurposeAmount
AUSTIN PEAY STATE UNIVERSITY CLARKSVILLE, TNSCHOLARSHIPS$31,000
BELMONT UNIVERSITY NASHVILLE, TNSCHOLARSHIPS$5,750
BERNARD COMMUNITY CENTER CENTERVILLE, TNUNRESTRICTED GIFT$6,000
BOY SCOUT TROOP 772 CENTERVILLE, TNUNRESTRICTED GIFT$10,000
CENTERVILLE MUNICIPAL GOLF CENTERVILLE, TNUNRESTRICTED GIFT$38,000
COLUMBIA COLLEGE CHICAGO CHICAGO, ILSCHOLARSHIPS$6,500
EAST HICKMAN HIGH SCHOOL LYLES, TNUNRESTRICTED GIFT$18,899
FREED HARDEMAN UNIVERSITY HENDERSON, TNSCHOLARSHIPS$7,500
HICKMAN COUNTY HIGH SCHOOL CENTERVILLE, TNUNRESTRICTED GIFT$12,000
HICKMAN COUNTY SENIOR CITIZENS CENT CENTERVILLE, TNUNRESTRICTED GIFT$9,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LEE ANN HERRONBOARD CHAIRM$50KJAMES PAUL HERRON IIITRUSTEE$50KJANET GWEN BLACKWELLTRUSTEE$50K

From 2024 filing

NameTitleHoursCompensation
DENA WILLIAMSSECRETARY/TR
LEE ANN HERRONBOARD CHAIRM1$50,000
JAMES PAUL HERRON IIITRUSTEE2$50,000
JANET GWEN BLACKWELLTRUSTEE6$50,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Continuing the Good Foundation?

Continuing the Good Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN, TN. It holds $3.9M in total assets as of 2024.

How large is Continuing the Good Foundation?

As of 2024, Continuing the Good Foundation holds $3.9M in total assets with $282K in annual revenue. It awarded 22 grants totaling $313K in 2024.

Where does Continuing the Good Foundation operate?

Continuing the Good Foundation has awarded grants in Alabama, Iowa, Illinois, Kentucky, Tennessee.

What size grants does Continuing the Good Foundation award?

In 2024, Continuing the Good Foundation awarded 22 grants totaling $313K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Continuing the Good Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Continuing the Good Foundation reported a distributable amount of $256K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Continuing the Good Foundation's EIN?

Continuing the Good Foundation's EIN (Employer Identification Number) is 82-1853425. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Continuing the Good Foundation's focus areas in our free grants database

Related Funders

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

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