Pk Seidman Charitable Trust
The PK Seidman Charitable Trust is a private foundation based in Bartlett, Tennessee. Established around 1962, it operates as an independent 501(c)(3) foundation with no employees, managed by a small trustee team.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+1.0% YoY
Annual Giving
$158K
-5.8% YoY
Grant Count
21
+5.0% YoY
Avg Grant Size
$8K
-10.3% YoY
Under IRS private-foundation payout rules, Pk Seidman Charitable Trust reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation provides support primarily for:
- Higher education, including awards, scholarships, and lecture programs
- Arts and culture
- Health services
- General operating support
- Band equipment
- Capital improvements
Grantmaking
The foundation awards grants for general/operating purposes, with an average award of approximately $8,022 across 21 recipients. Additional support has been provided for arts and culture initiatives, including music and band equipment.
Grant Range
$400–$39,400
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Geographic Focus
Where this funder awards grants
The foundation has demonstrated funding activity across multiple regions, with grants awarded to organizations in various states including California, Texas, Florida, Illinois, Maryland, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $3,336,417
- Total revenues: $324,390
- Total expenses: $292,122
As of December 2023:
- Total assets: $3,304,149
- Total giving: $208,825
- Total revenue: $177,243
- Total expenses: $299,252
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,336,417 | $3,304,149 | $3,426,158 |
| Revenue | $324,390 | $177,243 | $118,266 |
| Expenses | $292,122 | $299,252 | $316,938 |
| Qualifying Distributions | $201,400 | $208,825 | $219,100 |
| Net Investment Income | $236,748 | $86,816 | $26,508 |
| Distributable Amount | $209,806 | $199,123 | $208,666 |
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
87 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Samaritan's Purse ($20,000), Appalachia Service Project ($10,000), Bartlett High School Band Boosters ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| APPALACHIA SERVICE PROJECT JOHNSON CITY, TN | GENERAL/OPERATING | $10,000 |
| BARTLETT HIGH SCHOOL BAND BOOSTERS BARTLETT, TN | GENERAL/OPERATING | $10,000 |
| BARTLETT PERFORMING ARTS & CONFERENCE CENTER BARTLETT, TN | GENERAL/OPERATING | $9,000 |
| CAMP CONQUEST MILLINGTON, TN | GENERAL/OPERATING | $5,000 |
| FAYETTE CARES SOMERVILLE, TN | GENERAL/OPERATING | $5,000 |
| GARY SINISE FOUNDATION NASHVILLE, TN | GENERAL/OPERATING | $10,000 |
| MERITAN MEMPHIS, TN | GENERAL/OPERATING | $5,000 |
| ORPHEUM THEATRE MEMPHIS, TN | GENERAL/OPERATING | $10,000 |
| ROOM IN THE INN MEMPHIS, TN | GENERAL/OPERATING | $5,000 |
| SAMARITAN'S PURSE BOONE, NC | GENERAL/OPERATING | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Lori Condo Locke – Trustee (20 hours/week, $34,000 compensation)
- Marcia R. Brasel – Trustee (20 hours/week, $34,000 compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARCIA R BRASEL | TRUSTEE | 20 | $36,000 |
| LORI CONDO LOCKE | TRUSTEE | 20 | $36,000 |
Frequently Asked Questions
What does Pk Seidman Charitable Trust fund?
The foundation provides support primarily for: • Higher education, including awards, scholarships, and lecture programs • Arts and culture • Health services • General operating support • Band equipment • Capital improvements
How do I apply for a grant from Pk Seidman Charitable Trust?
**Grant Activity:** • Made 12 grants in 2024 • Typical grant range: $400–$39,400 • Median grant amount: $18,392 • Giving rate: 6.2% **Recent Grants (2024):** • Samaritan's Purse: $20,000 (general/operating) • Gary Sinise Foundation: $10,000 (general/operating) • Appalachia Service Project (ASP): $10,000 (general/operating) **Grant Programs:** The foundation awards grants for general/operating purposes, with an average award of approximately $8,022 across 21 recipients. Additional support has be…
Where does Pk Seidman Charitable Trust make grants?
The foundation has demonstrated funding activity across multiple regions, with grants awarded to organizations in various states including California, Texas, Florida, Illinois, Maryland, and New York.
What size grants does Pk Seidman Charitable Trust award?
In 2024, Pk Seidman Charitable Trust awarded 21 grants totaling $158K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Pk Seidman Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pk Seidman Charitable Trust reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pk Seidman Charitable Trust's EIN?
Pk Seidman Charitable Trust's EIN (Employer Identification Number) is 62-6034052. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pk Seidman Charitable Trust'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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