Don and Millie Nelms Foundation is a private foundation focused on Medical Research, based in FAYETTEVILLE, AR. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $748K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-45.6% YoY
Annual Giving
$748K
+24816.7% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$374K
+37275.0% YoY
About Don and Millie Nelms Foundation
Based on IRS filings
Don and Millie Nelms Foundation is a private foundation focused on Medical Research, based in FAYETTEVILLE, AR. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $748K. Net investment income was $53K.
Focus Areas
Ready to take the next step with Don and Millie Nelms Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $1,130,610 | $2,078,809 |
| Revenue | $67,963 | $2,101,686 |
| Expenses | $1,028,337 | $24,412 |
| Qualifying Distributions | $1,030,746 | $23,826 |
| Net Investment Income | $52,946 | $1,506 |
| Distributable Amount | $75,604 | $6,831 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT NELMS | DIRECTOR/PRESIDENT | 5 | — |
| MILLIE NELMS | DIRECTOR | 1 | — |
| SCOTT SIMON | DIRECTOR/SECRETARY/TREASURER | 40 | $203,612 |
| SCOTT PRICE | VICE PRESIDENT | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Arkansas Values Institute Inc
LITTLE ROCK, AR
Assets
$588K
Grants
2
Total Given
$430K
Friends of Christlike Kenya
EL DORADO, AR
Assets
$6K
Grants
0
Total Given
—
Carter Grace Foundation Inc
HARRISON, AR
Assets
$282K
Grants
7
Total Given
$27K
The Mason Foundation
EL DORADO, AR
Assets
$17K
Grants
6
Total Given
$2K
North Little Rock Public
NORTH LITTLE ROCK, AR
Assets
$32.3M
Grants
1
Total Given
$293K
Ark Youth Service Providers Assoc Inc
FORT SMITH, AR
Assets
$39K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Don and Millie Nelms Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities