Gary D Sasser and Colleen Gill Sasser

Private foundation · Grantmaker Cookeville, TN EIN: 45-3021457

Gary D Sasser and Colleen Gill Sasser is a private foundation, based in Cookeville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $328K in total assets. In 2025, it awarded 6 grants totaling $50K.

Key facts about Gary D Sasser and Colleen Gill Sasser

In short: Gary D Sasser and Colleen Gill Sasser gave $50K across 6 grants in 2025 (avg $8K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
45-3021457
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$50,000
Grants made (2025)
6
Average grant
$8,333
Median grant
$6,000
Total assets
$327,988
Primary geography
Florida (52% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$328K

-13.6% YoY

Annual Giving

$50K

+0.0% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$8K

-16.7% YoY

Under IRS private-foundation payout rules, Gary D Sasser and Colleen Gill Sasser reported a distributable amount of $47K for 2025 — the minimum it must pay out in qualifying distributions.

How Gary D Sasser and Colleen Gill Sasser gives

  • Giving grew 35% from 2022 to 2025. Method
  • In 2025 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

4states

Share of all 6 itemized 2025 grant dollars.

Cities

NashvilleNaplesMurfreesboroNew OrleansChantilly

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K4 grants20202 grants20214 grants20225 grants20235 grants20246 grants2025

From 2020 to 2025, annual grant giving ranged from $30K (2020) to $50K (2025). In 2025 it made 6 grants totaling $50K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Naples Children and Education Foundation: $20KNaples Children and EducationFoundation$20KThe Scott Wolf Scholarship Fund Co the Community Foundation of Middle Tenn: $15KThe Scott Wolf ScholarshipFund Co the Community…$15KAllen Jackson Ministries: $6KAllen Jackson Ministries$6KSt William Catholic Church: $6KSt William Catholic Church$6KAmerica's Children Development Program Inc: $2KAmerica's Children DevelopmentProgram Inc$2KSt Paul VI Catholic High School: $1KSt Paul VI Catholic HighSchool$1K

The largest 2025 recipient was Naples Children and Education Foundation ($20K). Together the top 6 received $50K.

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 22 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Naples Children and Education Foundation Naples, FLTo support effective, disciplined charitable programs that significantly improve the physical, emotional and educational lives of underprivileged and at-risk children in Collier county, fl.$20,000
The Scott Wolf Scholarship Fund Co the Community Foundation of Middle Tenn Nashville, TNTo endow permanent scholarships for associates of averitt express, inc. And their children who desire to continue their educaction beyond high school. The fund was setup to acknowledge scott wolf's love and dedication to the associates of averitt express by his family.$15,000
Allen Jackson Ministries Murfreesboro, TNTo Spread the Christian Faith.$6,000
St William Catholic Church Naples, FLTo contribute to programs that address the issues of spiritual, physical, and emotional needs of god's people.$6,000
America's Children Development Program Inc New Orleans, LATo Improve the Lives of Underprivileged Children.$2,000
St Paul VI Catholic High School Chantilly, VATo equip students with education, concepts, values and tools to meet life's challenges through christian principles, self-discipline, and organizational skills.$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K202020212022202320242025
Metric202520242023
Total Assets$327,988$379,545$440,523
Revenue$11,734$-518$13,030
Expenses$63,291$60,460$49,731
Qualifying Distributions$50,000$50,000$40,000
Net Investment Income——$3,302
Distributable Amount$47,367$42,256$33,071

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 8, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Gary D Sasser and Colleen Gill Sasser's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Colleen McPherson Sasser

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gary Sasser

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Gary D Sasser and Colleen Gill Sasser

How much does Gary D Sasser and Colleen Gill Sasser give each year?

Gary D Sasser and Colleen Gill Sasser gave $50K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 5 grants.

What is Gary D Sasser and Colleen Gill Sasser's typical grant size?

Gary D Sasser and Colleen Gill Sasser's median grant in 2025 was $6,000, and its average grant was $8,333, across 6 grants on its 2025 IRS Form 990-PF.

Where does Gary D Sasser and Colleen Gill Sasser give grants?

Gary D Sasser and Colleen Gill Sasser gives mostly in Florida: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (42%). The most frequent recipient cities were Naples, FL (2 grants).

Does Gary D Sasser and Colleen Gill Sasser give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Gary D Sasser and Colleen Gill Sasser's 2025 IRS Form 990-PF were described as general or operating support.

Who are Gary D Sasser and Colleen Gill Sasser's largest grantees?

Gary D Sasser and Colleen Gill Sasser's largest 2025 grantees include Naples Children and Education Foundation ($20,000), The Scott Wolf Scholarship Fund Co the Community Foundation of Middle Tenn ($15,000) and Allen Jackson Ministries ($6,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.

How large is Gary D Sasser and Colleen Gill Sasser?

Gary D Sasser and Colleen Gill Sasser reported $328K in total assets on its 2025 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $47K (roughly 5% of its investment assets).

What is Gary D Sasser and Colleen Gill Sasser's EIN?

Gary D Sasser and Colleen Gill Sasser's EIN (Employer Identification Number) is 45-3021457. IRS Form 990 filing data is available on this page for 2020–2025.

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

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