Friends of Nathan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $696K in total assets. In 2024, it awarded 4 grants totaling $25K. Net investment income was $41K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$696K
+0.8% YoY
Annual Giving
$25K
-1.5% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$6K
-75.4% YoY
Under IRS private-foundation payout rules, Friends of Nathan Foundation reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About Friends of Nathan Foundation
Based on IRS filings
Friends of Nathan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $696K in total assets. In 2024, it awarded 4 grants totaling $25K. Net investment income was $41K.
Focus Areas
Ready to take the next step with Friends of Nathan Foundation?
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 | $696,440 | $690,958 | $700,978 |
| Revenue | $44,022 | $27,777 | $-29,467 |
| Expenses | $38,540 | $37,797 | $17,695 |
| Qualifying Distributions | $34,863 | $34,780 | $14,850 |
| Net Investment Income | $40,545 | $25,060 | $9,057 |
| Distributable Amount | $41,005 | $35,918 | $35,627 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tanaka ($12,000), Z78 Ministries ($10,000), Central Missionary Clearinghouse Inc ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMP BLESSING INC ELK GROVE VLG, IL | General & Unrestricted | $1,125 |
| CENTRAL MISSIONARY CLEARINGHOUSE INC HOUSTON, TX | General & Unrestricted | $1,500 |
| TANAKA COLLEGE STATION, TX | General & Unrestricted | $12,000 |
| Z78 MINISTRIES MEDINA, TX | The Summit capital campaign | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeffrey Cannon | Dir, Pres, Sec | 1 | — |
| Melissa Cannon | Treas | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Nathan Foundation?
Friends of Nathan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $696K in total assets as of 2024.
How large is Friends of Nathan Foundation?
As of 2024, Friends of Nathan Foundation holds $696K in total assets with $44K in annual revenue. It awarded 4 grants totaling $25K in 2024.
Where does Friends of Nathan Foundation operate?
Friends of Nathan Foundation has awarded grants in California, Florida, Illinois, Pennsylvania, Texas.
What size grants does Friends of Nathan Foundation award?
In 2024, Friends of Nathan Foundation awarded 4 grants totaling $25K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Friends of Nathan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of Nathan Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of Nathan Foundation's EIN?
Friends of Nathan Foundation's EIN (Employer Identification Number) is 82-5398138. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Friends of Nathan Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Greater Houston Community Foundation
HOUSTON, TX
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Natl Christian Charitable Fdn Inc
ALPHARETTA, GA
Assets
$6.1B
Grants
16,327
Total Given
$2.6B
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
Servant Foundation
OVERLAND PARK, KS
Assets
$1.0B
Grants
2,093
Total Given
$575.1M
Chattanooga Christian Community
CHATTANOOGA, TN
Assets
$136.1M
Grants
567
Total Given
$36.4M
Give to Life Foundation
FORT WORTH, TX
Assets
—
Grants
25
Total Given
$72K
Dallas Seminary Foundation
DALLAS, TX
Assets
$122.2M
Grants
125
Total Given
$14.8M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Friends of Nathan 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
Go from researching Friends of Nathan Foundation to a real strategy.