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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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