Gospel Music Trust Fund

BRENTWOOD, TN EIN: 58-1647495

Gospel Music Trust Fund is a private foundation, based in BRENTWOOD, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 2 grants totaling $46K. Net investment income was $98K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

+6.2% YoY

Annual Giving

$46K

-48.9% YoY

Grant Count

2

-66.7% YoY

Avg Grant Size

$23K

+53.4% YoY

About Gospel Music Trust Fund

Based on IRS filings

Gospel Music Trust Fund is a private foundation, based in BRENTWOOD, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 2 grants totaling $46K. Net investment income was $98K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AndersonBrentwoodCumberland FurnaceFranklinHooverNashvilleShlebyvilleTrentonValley Village

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$181K$363K$544K$726K20202021202220232024
Metric202420232022
Total Assets$3,335,838$3,141,038$3,035,044
Revenue$184,724$108,338$82,726
Expenses$144,334$121,312$192,260
Qualifying Distributions$104,122$90,735$143,756
Net Investment Income$97,948$80,394$72,060
Distributable Amount$160,602$146,148$152,119

Giving Over Time

Total grant dollars and number of grants per year

$0$36K$72K$108K$144K9 grants20204 grants20217 grants20226 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

PORTER'S CALL$42KMUSIC HEALTH ALLIANCE$4K

Grant Size Distribution

28 grants across all recorded years

27<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
ROLAND LUNDYPRESIDENT
BILL GAITHERVICE PRESIDE
ED HARPERTREASURER
KEN HARDINGSECRETARY
ROGER HOLMESTRUSTEE
DARRELL HARRISTRUSTEE
JACKIE PATILLOTRUSTEE
AMY GRANTTRUSTEE
GERALD WOLFETRUSTEE
TERRY HEMMINGSTRUSTEE
PAUL SIZELOVETRUSTEE
VELVET KELMTRUSTEE
EJ GAINESTRUSTEE

Related Funders

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

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