Fred R & Nell W Blackwell

Private foundation · Grantmaker Newnan, GA EIN: 47-7030270

Fred R & Nell W Blackwell is a private foundation, based in Newnan, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 4 grants totaling $128K. Net investment income was $162K.

Key facts about Fred R & Nell W Blackwell

In short: Fred R & Nell W Blackwell gave $128K across 4 grants in 2024 (avg $32K), mostly in Georgia. Source: 2024 IRS Form 990-PF.

EIN
47-7030270
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$127,500
Grants made (2024)
4
Average grant
$31,875
Median grant
$35,000
Total assets
$2,439,501
Primary geography
Georgia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+0.2% YoY

Annual Giving

$128K

+1.2% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$32K

-24.1% YoY

Under IRS private-foundation payout rules, Fred R & Nell W Blackwell reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.

How Fred R & Nell W Blackwell gives

  • Giving held roughly steady from 2021 to 2024 (−10%). Method
  • In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

NewnanAtlantaLake City

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K7 grants2020 5 grants2021 6 grants2022 3 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $126K (2023) to $142K (2021). In 2024 it made 4 grants totaling $128K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

University of West Ga Fou: $55KUniversity of West Ga Fou$55KElevate Coweta Students: $50KElevate Coweta Students$50KCoweta Samaritan Clinic: $20KCoweta Samaritan Clinic$20KNewnan Carnegie Library: $3KNewnan Carnegie Library$3K

The largest 2024 recipient was University of West Ga Fou ($55K). Together the top 4 received $128K.

Grant Size Distribution

25 grants across all recorded years

15<$50K10$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 25 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of West Ga Fou Newnan, GAFunds Scholarships and Improvements$55,000
Elevate Coweta Students Newnan, GACharitable$50,000
Coweta Samaritan Clinic Newnan, GACharitable$20,000
Newnan Carnegie Library Newnan, GACharitable$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,439,501$2,434,908$2,604,474
Revenue$175,219$-9,919$167,408
Expenses$170,626$159,647$182,794
Qualifying Distributions$127,500$126,000$133,000
Net Investment Income$162,407$49,668$59,708
Distributable Amount$120,059$125,175$131,266

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Fred R & Nell W Blackwell is led by W. Robert Hancock Jr., Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • W. Robert Hancock Jr.

    Trustee

    On filings since 2020

    5 hrs/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 Fred R & Nell W Blackwell

How much does Fred R & Nell W Blackwell give each year?

Fred R & Nell W Blackwell gave $128K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $126K across 3 grants.

What is Fred R & Nell W Blackwell's typical grant size?

Fred R & Nell W Blackwell's median grant in 2024 was $35,000, and its average grant was $31,875, across 4 grants on its 2024 IRS Form 990-PF.

Where does Fred R & Nell W Blackwell give grants?

Fred R & Nell W Blackwell gives mostly in Georgia: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Newnan, GA (4 grants).

Does Fred R & Nell W Blackwell give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Fred R & Nell W Blackwell's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).

How large is Fred R & Nell W Blackwell?

Fred R & Nell W Blackwell reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $128K in qualifying distributions that year, against a required minimum of $120K (roughly 5% of its investment assets).

What is Fred R & Nell W Blackwell's EIN?

Fred R & Nell W Blackwell's EIN (Employer Identification Number) is 47-7030270. IRS Form 990 filing data is available on this page for 2020–2024.

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

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