FirstBank Foundation

Private foundation Nashville, TN EIN: 87-1869039

FirstBank Foundation is a private foundation, based in Nashville, TN. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $1.1M in total assets. Net investment income was $9K.

Key facts about FirstBank Foundation

EIN
87-1869039
Latest 990 filing
Form 990-PF, 2025
Total assets
$1,139,018

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

Revenue

$1.1M

Net Investment Income

$9K

Expenses

—

Under IRS private-foundation payout rules, FirstBank Foundation reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Net Investment Income
$0$500K$1M$1.5M2024 2025
Metric20252024
Total Assets$1,139,018—
Revenue$1,139,018—
Net Investment Income$9,018—
Distributable Amount$9,408—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  2. Added Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)

Leadership & Key People

Officers and directors from IRS filings

FirstBank Foundation is led by Michael Mettee, President on every filing since 2024; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michael Mettee

    President

    On filings since 2024

    1 hr/week

    No compensation reported

  • Mark Hickman

    Chair

    On filings since 2024

    1 hr/week

    No compensation reported

  • Beth Sims

    Secretary

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jonathan Pennington

    Treasurer

    On filings since 2024

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2024–2025. "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 FirstBank Foundation

How large is FirstBank Foundation?

FirstBank Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1.1M.

How much is FirstBank Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, FirstBank Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is FirstBank Foundation's EIN?

FirstBank Foundation's EIN (Employer Identification Number) is 87-1869039. IRS Form 990 filing data is available on this page for 2024–2025.

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

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