Nexstar Charitable Foundation
The Nexstar Charitable Foundation is a private foundation based in New York, NY, established to support public charities and non-profit organizations in communities where Nexstar Media Group and its subsidiaries operate. The foundation is a company-sponsored foundation with roots dating back to 1958.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
+0.4% YoY
Annual Giving
$369K
-2.9% YoY
Grant Count
58
+9.4% YoY
Avg Grant Size
$6K
-11.3% YoY
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.
Mission & Focus Areas
The foundation's mission is to contribute to and work with public charities and non-profit organizations to improve the communities in which Nexstar and its subsidiaries do business.
Primary funding areas include:
- Food insecurity and hunger relief
- Support for military veterans and their families
- Diversity in media and entertainment
- Education
- Human services
- Cultural offerings and broadcasting/journalism enhancement
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation funds organizations throughout the United States, with particular emphasis on communities served by Nexstar Media Group's television stations. Geographic areas of focus include the CT, NJ, and NY tri-state area, as well as markets in Georgia, California, Virginia, Texas, Illinois, Wisconsin, South Dakota, Kentucky, and West Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $7,262,451 (as of 2024)
Total Giving: $368,800 (2024)
Foundation Incorporation: 1958 in New York
EIN: 13-6161525
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,262,451 | $7,234,104 | $7,197,304 |
| Revenue | $413,075 | $446,401 | $680,807 |
| Expenses | $384,730 | $409,646 | $467,524 |
| Qualifying Distributions | $368,800 | $379,900 | $441,500 |
| Net Investment Income | $397,145 | $430,767 | $663,621 |
| Distributable Amount | $392,879 | $364,682 | $375,523 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
231 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Emergency Assistance Foundation Inc ($25,000), American National Red Cross ($25,000), Cancer Support Community of Eastern Nc Inc ($10,800).
| Recipient | Purpose | Amount |
|---|---|---|
| DRUM MAJOR INSTITUTE INC Washington, DC | ABLE TO MAKE GOALS AND MISSION | $10,000 |
| SIOUX EMPIRE UNITED WAY INC Sioux Falls, SD | ABLE TO MAKE GOALS AND MISSION | $5,000 |
| EMBASSY THEATERE FOUNDATION INC Fort Wayne, IN | ABLE TO MAKE GOALS AND MISSION | $3,000 |
| AMERICAN DIABETES ASSOCIATION INC Merrifield, VA | ABLE TO MAKE GOALS AND MISSION | $5,000 |
| THE HUNTSVILLE HOSPITAL FOUNDATION INC Huntsville, AL | ABLE TO MAKE GOALS AND MISSION | $5,000 |
| ALS IN THE HEARTLAND INC Millard, NE | ABLE TO MAKE GOALS AND MISSION | $10,000 |
| VETERAN CARRIERS TRUCKING FOR A CAUSE Garden City, GA | ABLE TO MAKE GOALS AND MISSION | $2,500 |
| FEEDING THE VALLEY INC Midland, GA | ABLE TO MAKE MISSION AND GOALS | $2,500 |
| PHILDELPHIA UNION FOUNDATION Chester, PA | ABLE TO MAKE GOALS AND MISSION | $5,000 |
| VALLEY RESCUE MISSION INC Columbus, GA | ABLE TO MAKE GOALS AND MISSION | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- Perry A. Sook, Chairman (Chairman and Chief Executive Officer, Nexstar Media Group, Inc.)
- Michael Biard, Member (President/Chief Operating Officer, Nexstar Media Group)
The foundation is run by a three-member Board of Directors.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PERRY SOOK | CHAIRMAN AND CEO | 1 | — |
| MICHAEL BIARD | PRESIDENT | 1 | — |
| RACHEL MORGAN | SECRETARY | 1 | — |
| RANDALL BRADFORD | SVP FINANCE | 1 | — |
| PATRICK J CUSICK | SVP CONTROLLER | 1 | — |
Contact Information
Address: 685 3rd Ave, 31st Floor, New York, NY 10017-4141
Telephone: 972-764-6725
Frequently Asked Questions
What does Nexstar Charitable Foundation fund?
The foundation's mission is to contribute to and work with public charities and non-profit organizations to improve the communities in which Nexstar and its subsidiaries do business. Primary funding areas include: • Food insecurity and hunger relief • Support for military veterans and their families • Diversity in media and entertainment • Education • Human services • Cultural offerings and broadcasting/journalism enhancement
How do I apply for a grant from Nexstar Charitable Foundation?
**Annual Giving:** Approximately $350,000–$368,800 annually **Grant Amounts:** Typical awards range from $1,000–$50,000 **Recent Contributions (2025):** • Crohn's & Colitis Foundation (Philadelphia, PA): $5,000 • Big Brothers Big Sisters of the Mississippi Valley (Rock Island, IL) • Food 2 Kids (Lubbock, TX) • Armed Services YMCA San Diego (San Diego, CA) **Recent Contributions (2022):** • Chippewa Valley Veterans Foundation (La Crosse/Eau Claire, WI): $2,500 • Central New York Community Founda…
Where does Nexstar Charitable Foundation make grants?
The foundation funds organizations throughout the United States, with particular emphasis on communities served by Nexstar Media Group's television stations. Geographic areas of focus include the CT, NJ, and NY tri-state area, as well as markets in Georgia, California, Virginia, Texas, Illinois, Wisconsin, South Dakota, Kentucky, and West Virginia.
What size grants does Nexstar Charitable Foundation award?
In 2024, Nexstar Charitable Foundation awarded 58 grants totaling $369K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Nexstar Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nexstar Charitable Foundation reported a distributable amount of $393K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Nexstar Charitable Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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