Nexstar Charitable Foundation
The Nexstar Charitable Foundation is a private foundation based in New York, New York. Its stated mission is to contribute to and work with public charities and nonprofit organizations to improve communities where Nexstar and its subsidiaries do business. The Foundation’s website says its forerunner was established in 1958 and that it makes donations of approximately $350,000 annually.
Nexstar Charitable Foundation at a glance
In short: Nexstar Charitable Foundation gave $369K across 58 grants in 2024 (avg $6K), top state Florida. 67% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $368,800
- -2.9% vs 2023
- Grants made (2024)
- 58
- +9.4% vs 2023
- Average grant
- $6,359
- -11.3% vs 2023
- Median grant
- $5,000
- Total assets
- $7,262,451
- +0.4% vs 2023
- New grantees (estimate)
- 67% first-time grantees (38 of 57, 2024)
- Primary geography
- Florida (12% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Nexstar Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The Foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 685 3Rd Ave 31St Fl, New York, NY 10017
Phone: (972) 764-6725
Website: https://nexstar.tv
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Nexstar Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Emergency Assistance Foundation Inc ($25K). Together the top 10 received $131K.
Grant Size Distribution
250 grants across all recorded years
The most common grant size was under $50K: 246 grants of 250 (98%).
Geographic Focus
Where this funder awards grants
The Foundation says it supports organizations in communities where Nexstar and its subsidiaries do business, and its website describes support for organizations throughout the United States. In 2024, the largest shares of grant dollars by recipient location went to Florida (12%), Washington, DC (10%), California (9%), North Carolina (7%), and New York (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 58 itemized grants.
States
Cities
Is Nexstar Charitable Foundation open to new grantees?
67%
first-time grantees, 2024
In 2024, 38 of 57 grantees (67%) were first-time recipients. First grants averaged $6K; repeat grants $7K. How we count
Medians: $5K first-time, $5K repeat.
- 30% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+2%). Method
- In 2024 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $360K (2020) to $442K (2022). In 2024 it made 58 grants totaling $369K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Emergency Assistance Foundation Inc Orlando, FL | Able to Make Goals and Mission | $25,000 |
| American National Red Cross Washington, DC | Able to Make Goals and Mission | $25,000 |
| Cancer Support Community of Eastern NC Inc Greenville, NC | Able to Make Goals and Mission | $10,800 |
| Drum Major Institute Inc Washington, DC | Able to Make Goals and Mission | $10,000 |
| ALS in the Heartland Inc Millard, NE | Able to Make Goals and Mission | $10,000 |
| The Knowledge House Fellowship Inc Bronx, NY | Able to Make Goals and Mission | $10,000 |
| Facial Pain Research Foundation Inc Gainesville, FL | Able to Make Goals and Mission | $10,000 |
| American Legion Mountaineer Boys State Inc Charleston, WV | Able to Make Goals and Mission | $10,000 |
| Armed Services Ymcaof the USA San Diego, CA | Able to Make Goals and Mission | $10,000 |
| United Way of Siouxland Sioux City, IA | Able to Make Goals and Mission | $10,000 |
Ready to take the next step with Nexstar Charitable Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,262,451 | $413,075 | $384,730 | $368,800 | 58 | $368,800 | $397,145 | $392,879 |
| 2023 | $7,234,104 | $446,401 | $409,646 | $379,900 | 53 | $379,900 | $430,767 | $364,682 |
| 2022 | $7,197,304 | $680,807 | $467,524 | $441,500 | 55 | $441,500 | $663,621 | $375,523 |
| 2021 | $6,984,064 | $654,012 | $378,238 | $360,040 | 53 | $360,040 | $635,814 | $428,950 |
| 2020 | $6,711,991 | $340,826 | $377,681 | $360,000 | 31 | — | $323,145 | $367,817 |
Under IRS private-foundation payout rules, Nexstar Charitable Foundation reported a distributable amount of $393K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s stated mission is to contribute to and work with public charities and nonprofit organizations to improve communities where Nexstar and its subsidiaries do business. The Foundation says it supports organizations working on food insecurity, veterans’ support, and diversity in media and entertainment.
Its 2024 grants included organizations whose own missions cover a range of services. For example, the National Multiple Sclerosis Society says it works to cure MS and empower people affected by MS; The Knowledge House Fellowship says it develops technology talent from low-income communities; and Ability Connection Texas says it enriches the lives of people with disabilities through personalized support. ALS in the Heartland describes providing information, resources, and equipment to people with ALS and their families and caregivers.
Grantmaking
In filing year 2024, the Foundation made 58 grants totaling $368,800. Grant amounts ranged from $2,500 to $25,000, with a median grant of $5,000. The largest grants included $25,000 each to Emergency Assistance Foundation Inc. and the American National Red Cross. Other notable grants included $10,800 to Cancer Support Community of Eastern NC Inc. and $10,000 each to Drum Major Institute Inc., ALS in the Heartland Inc., The Knowledge House Fellowship Inc., Facial Pain Research Foundation Inc., American Legion Mountaineer Boys State Inc., Armed Services YMCA of the USA, United Way of Siouxland, National Multiple Sclerosis Society, and Community Partners.
Among the grantees’ own descriptions of their work, Emergency Assistance Foundation says it provides financial assistance after disasters and personal hardships, while Facial Pain Research Foundation says it conducts research to cure trigeminal neuralgia and other neuropathic pain. United Way of Siouxland describes its mission as improving lives by uniting the caring power of its community.
The Foundation’s website lists organizations it supported in 2025, including Crohn’s & Colitis Foundation, Big Brothers Big Sisters of the Mississippi Valley, Food 2 Kids, and Armed Services YMCA San Diego. It also described a “30 Days of Giving” initiative for June 2026: the Board selected 60 organizations to receive $5,000 each, for a total commitment of $300,000. That June 2026 cycle has passed.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Perry Sook as Chairman and CEO, Michael Biard as President, Rachel Morgan as Secretary, Randall Bradford as SVP Finance, and Patrick J Cusick as SVP Controller.
The Foundation’s website describes its Board of Directors as Perry A. Sook, Chairman; Michael Biard, Member; and Elizabeth Ryder, Member. It identifies Gary Weitman as the Foundation’s Chief Operating Officer and Alex Cervantes as its Chief Administrative Officer.
Nexstar Charitable Foundation is led by Perry Sook, Chairman & CEO on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Perry Sook
Chairman & CEO
On filings since 2020
1 hr/week
No compensation reported
Michael Biard
President
On filings since 2023
1 hr/week
No compensation reported
Patrick J. Cusick
Senior Vice President Controller
On filings since 2020
1 hr/week
No compensation reported
Randall Bradford
Senior Vice President Finance
On filings since 2020
1 hr/week
No compensation reported
Rachel Morgan
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (2)
- Former: Thomas Carter (2020–2022) — CFO
- Former: Elizabeth Ryder (2020–2021) — Secretary
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 Nexstar Charitable Foundation
How much does Nexstar Charitable Foundation give each year?
Nexstar Charitable Foundation gave $369K across 58 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $380K across 53 grants.
What is Nexstar Charitable Foundation's typical grant size?
Nexstar Charitable Foundation's median grant in 2024 was $5,000, and its average grant was $6,359, across 58 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Nexstar Charitable Foundation that year got $6K on average.
Where does Nexstar Charitable Foundation give grants?
Nexstar Charitable Foundation's top state is Florida, with 12% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (10%) and California (9%). The most frequent recipient cities were Washington, DC (3 grants), Los Angeles, CA (3 grants), Sioux City, IA (2 grants) and High Point, NC (2 grants).
Does Nexstar Charitable Foundation give general operating support?
Not in 2024: none of the 58 grants with a stated purpose on Nexstar Charitable Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Able to Make Goals and Mission" (54 grants) and "Able to Make Gaols and Mission" (3 grants).
Who are Nexstar Charitable Foundation's largest grantees?
Nexstar Charitable Foundation's largest 2024 grantees include Emergency Assistance Foundation Inc ($25,000), American National Red Cross ($25,000) and Cancer Support Community of Eastern NC Inc ($10,800), according to its 2024 IRS Form 990-PF. Together they received 16% of its itemized 2024 grant dollars.
How large is Nexstar Charitable Foundation?
Nexstar Charitable Foundation reported $7.3M in total assets on its 2024 IRS Form 990-PF. It paid out $369K in qualifying distributions that year, against a required minimum of $393K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Nexstar Charitable Foundation fund?
The Foundation’s stated mission is to contribute to and work with public charities and nonprofit organizations to improve communities where Nexstar and its subsidiaries do business. See mission & focus areas ↑
How do I apply for a grant from Nexstar Charitable Foundation?
The Foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Nexstar Charitable Foundation's EIN?
Nexstar Charitable Foundation's EIN (Employer Identification Number) is 13-6161525. IRS Form 990 filing data is available on this page for 2020–2024.
Does Nexstar Charitable Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Nexstar Charitable Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/nexstar-charitable-foundation-morg_6bb79c7184fe4458bade6f0c1f97583f
BibTeX
@misc{grantable_136161525_2026,
author = {{Grantable}},
title = {{Nexstar Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nexstar-charitable-foundation-morg_6bb79c7184fe4458bade6f0c1f97583f},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Nexstar Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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