Conway-welch Family Foundation Inc
Conway-welch Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 8 grants totaling $739K. Net investment income was $148K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.2M
-10.6% YoY
Annual Giving
$739K
+34.1% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$92K
-32.9% YoY
Under IRS private-foundation payout rules, Conway-welch Family Foundation Inc reported a distributable amount of $890K for 2024 — the minimum it must pay out in qualifying distributions.
About Conway-welch Family Foundation Inc
Based on IRS filings
Conway-welch Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 8 grants totaling $739K. Net investment income was $148K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,150,373 | $10,235,398 | $11,068,646 |
| Revenue | $46,007 | $54,549 | $120,604 |
| Expenses | $1,131,032 | $887,797 | $600,543 |
| Qualifying Distributions | $895,957 | $680,612 | $427,230 |
| Net Investment Income | $147,968 | $161,477 | $197,919 |
| Distributable Amount | $889,788 | $759,466 | $753,561 |
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 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Next Door Inc ($250,000), Vanderbilt Univ School of Nursing ($225,000), Vanderbilt University Medical Ctr ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VANDERBILT UNIVERSITY MEDICAL CTR NASHVILLE, TN | NURSE CAREER SCHOLARSHIP FUND | $125,000 |
| THE NEXT DOOR INC NASHVILLE, TN | SERVE WOMEN IN CRISIS | $250,000 |
| VANDERBILT UNIV SCHOOL OF NURSING NASHVILLE, TN | SIMULATION LAB FOR NURSING SCHOOL | $2,000 |
| VANDERBILT UNIV SCHOOL OF NURSING NASHVILLE, TN | SCHOLARSHIP PLEDGE | $225,000 |
| THE CATHOLIC UNIVERSITY OF AMERICA WASHINGTON, DC | ENDOWMENT FUND | $125,000 |
| PROVERBS 1210 ANIMAL RESCUE BURNS, TN | FOR CONDUCT OF EXEMPT PURPOSE | $4,000 |
| WAGS & WALKS NASHVILLE HERMITAGE, TN | FOR CONDUCT OF EXEMPT PURPOSE | $4,000 |
| OLD FRIENDS SENIOR DOG SANCTUARY MT JULIET, TN | FOR CONDUCT OF EXEMPT PURPOSE | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK BUMSTEAD | PRESIDENT | 4 | — |
| DEBBIE HILL | DIRECTOR | 4 | — |
| JEFF MOBLEY | SECRETARY | 4 | — |
| RACHEL BUCHANAN | DIRECTOR | 4 | — |
| GWENDOLYN COLLIER | DIRECTOR | 4 | — |
| ELIZABETH MILTENBERGER | DIRECTOR | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Conway-welch Family Foundation Inc?
Conway-welch Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. It holds $9.2M in total assets as of 2024.
How large is Conway-welch Family Foundation Inc?
As of 2024, Conway-welch Family Foundation Inc holds $9.2M in total assets with $46K in annual revenue. It awarded 8 grants totaling $739K in 2024.
Where does Conway-welch Family Foundation Inc operate?
Conway-welch Family Foundation Inc has awarded grants in District of Columbia, Tennessee.
What size grants does Conway-welch Family Foundation Inc award?
In 2024, Conway-welch Family Foundation Inc awarded 8 grants totaling $739K — an average of about $92K per grant, based on its IRS Form 990 filings.
How much is Conway-welch Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Conway-welch Family Foundation Inc reported a distributable amount of $890K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Conway-welch Family Foundation Inc's EIN?
Conway-welch Family Foundation Inc's EIN (Employer Identification Number) is 26-4421502. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Conway-welch Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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