Onstott Family Foundation Inc

Private foundation · Grantmaker Springfield, TN EIN: 01-0799916

Onstott Family Foundation Inc is a private foundation, based in Springfield, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $703K in total assets. In 2024, it awarded 2 grants totaling $52K. Net investment income was $31K.

Key facts about Onstott Family Foundation Inc

In short: Onstott Family Foundation Inc gave $52K across 2 grants in 2024 (avg $26K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.

EIN
01-0799916
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$51,500
Grants made (2024)
2
Average grant
$25,750
Median grant
$25,750
Total assets
$703,088
Primary geography
Tennessee (97% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$703K

-0.4% YoY

Annual Giving

$52K

+3.0% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$26K

-48.5% YoY

Under IRS private-foundation payout rules, Onstott Family Foundation Inc reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.

How Onstott Family Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+16%). Method
  • In 2024 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2024 grant dollars across all 2 itemized grants.

Cities

SpringfieldHarrisburgFort WorthPhoenixRockford

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2020 4 grants2021 2 grants2022 1 grant2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $42K (2020) to $61K (2022). In 2024 it made 2 grants totaling $52K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Springfield Baptist Church: $50KSpringfield Baptist Church$50KMission One: $2KMission One$2K

The largest 2024 recipient was Springfield Baptist Church ($50K). Together the top 2 received $52K.

Grant Size Distribution

11 grants across all recorded years

8<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 11 (73%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Springfield Baptist Church Springfield, TNDonation to religious institution in the furtherance of the religious purposes.$50,000
Mission One Phoenix, AZTo support the mission of providing critical medical care, planting churches, offering educational opportunitites and fostering reconciliation among divided groups in partnership with local missionaries in africa, asia and the middle east.$1,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$703,088$706,068$677,753
Revenue$56,980$86,242$96,315
Expenses$59,960$57,927$68,137
Qualifying Distributions$51,500$50,000$61,000
Net Investment Income$31,443$25,427$24,678
Distributable Amount$64,680$56,970$51,994

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Onstott Family Foundation Inc is led by Thomas W. Onstott, President & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Thomas W. Onstott

    President & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Laura Onstott Powell

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary Dudley Onstott

    Secretary, Treasurer & Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Wilson Onstott

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

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 Onstott Family Foundation Inc

How much does Onstott Family Foundation Inc give each year?

Onstott Family Foundation Inc gave $52K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 1 grant.

How large is Onstott Family Foundation Inc?

Onstott Family Foundation Inc reported $703K in total assets on its 2024 IRS Form 990-PF. It paid out $52K in qualifying distributions that year, against a required minimum of $65K (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.

Where does Onstott Family Foundation Inc operate?

Onstott Family Foundation Inc has awarded grants in Arizona, Pennsylvania, Tennessee, Texas.

What is Onstott Family Foundation Inc's EIN?

Onstott Family Foundation Inc's EIN (Employer Identification Number) is 01-0799916. IRS Form 990 filing data is available on this page for 2020–2024.

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

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