Precision Rubber Products Foundation Inc
PRECISION RUBBER PRODUCTS FOUNDATIO is a private foundation based in Lebanon, Tennessee. Its 2025 filing reports 26 grants totaling $96,700, including a scholarship grant and grants to charitable organizations.
Precision Rubber Products Foundation Inc at a glance
In short: Precision Rubber Products Foundation Inc gave $97K across 26 grants in 2025 (avg $4K), mostly in Tennessee. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $96,700
- +30.7% vs 2024
- Grants made (2025)
- 26
- +8.3% vs 2024
- Average grant
- $3,719
- +20.6% vs 2024
- Median grant
- $4,000
- Total assets
- $114,478
- +59.4% vs 2024
- New grantees (estimate)
- 13% first-time grantees (3 of 23, 2025; small sample)
- Primary geography
- Tennessee (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Precision Rubber Products Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 145 Springfield Drive, Lebanon, TN 37087
Phone: (615) 444-6812
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Precision Rubber Products Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was MTSU - Graham Edens ($6K). Together the top 10 received $47K.
Organizations only. It also paid 4 individual scholarships ($8,500), which are not listed by name.
Grant Size Distribution
125 grants across all recorded years
The most common grant size was under $50K: 125 grants of 125 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars went primarily to recipients in Tennessee (96%), with 4% going to recipients in Missouri.
Grant Distribution by State
Share of 2025 grant dollars across all 26 itemized grants.
Cities
Is Precision Rubber Products Foundation Inc open to new grantees?
13%
first-time grantees, 2025
In 2025, 3 of 23 grantees (13%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $4K; repeat grants $4K. How we count
Medians: $3K first-time, $4K repeat.
- 87% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+17%). Method
- In 2025 it paid out 72% 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 (2019–2025). 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 2019 to 2025, annual grant giving ranged from $70K (2023) to $107K (2020). In 2025 it made 26 grants totaling $97K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MTSU - Graham Edens Murfreesboro, TN | Scholarships | $6,000 |
| Wilson County Christmas for All Lebanon, TN | Provide Funds for Charity's Purpose | $5,000 |
| Books from Birth Lebanon, TN | Provide Funds for Charity's Purpose | $4,600 |
| Brooks House Lebanon, TN | Provide Funds for Charity's Purpose | $4,600 |
| Cumberland University Lebanon, TN | Provide Funds for Entity's Purpose | $4,600 |
| Ronald McDonald House Nashville, TN | Provide Funds for Charity's Purpose | $4,600 |
| Sherry's Hope Lebanon, TN | Provide Funds for Charity's Purpose | $4,600 |
| Wilson County Community Help Center Lebanon, TN | Provide Funds for Charity's Purpose | $4,600 |
| Habitat for Humanity Lebanon, TN | Provide Funds for Charity Programs | $4,600 |
| Big Brothers Lebanon, TN | Provide Funds for Charity's Purpose | $4,000 |
Ready to take the next step with Precision Rubber Products Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $114,478 | $139,973 | $97,321 | $96,700 | 26 | $96,700 | $139,973 | $134,309 |
| 2024 | $71,826 | $61,038 | $74,621 | $74,000 | 24 | $74,000 | $61,038 | $115,880 |
| 2023 | $85,409 | $69,994 | $70,031 | $69,500 | 24 | $69,500 | $59,719 | $108,452 |
| 2022 | $85,446 | $60,946 | $83,866 | $83,000 | 25 | $83,000 | $55,589 | $97,079 |
| 2021 | $108,366 | $53,085 | $86,109 | $84,000 | 26 | — | $53,085 | $75,581 |
| 2020 | $141,390 | $184,143 | $108,825 | $106,585 | 27 | — | $184,143 | $79,674 |
| 2019 | $66,072 | $113,172 | $111,276 | $104,000 | 26 | — | $113,172 | $88,943 |
Under IRS private-foundation payout rules, Precision Rubber Products Foundation Inc reported a distributable amount of $134K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for scholarships and a range of charitable purposes. For example, Cumberland University describes its mission as providing a personalized, high-quality, value-based educational experience; Wilson County Community Help Center says it provides food, clothing, shelter, transportation, and other financial assistance to eligible residents; and Sherry’s Hope says it supports people fighting cancer while working to protect community health.
Grantmaking
In filing year 2025, the foundation reported 26 grants totaling $96,700. Grants ranged from $1,500 to $6,000, with a median of $4,000. Its largest listed grant was $6,000 to MTSU - an individual recipient for scholarships. Other listed grants included $5,000 to Wilson County Christmas for All and $4,600 each to Books from Birth, Brooks House, Cumberland University, an individual recipient House, Sherry’s Hope, Wilson County Community Help Center, and Habitat for Humanity.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Mary Mathis as trustee; Sherry Piercey as trustee and secretary; and Mark D. Clemmons as trustee and president.
Precision Rubber Products Foundation Inc is led by Mark D. Clemmons, Trustee & President since 2024 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mark D. Clemmons
Trustee & President
Trustee → Trustee & President, 2024
On filings since 2019
0.3 hrs/week
No compensation reported
Mary Mathis
Trustee
On filings since 2019
No compensation reported
Sherry Piercey
Trustee & Secretary
Trustee → Trustee & Secretary, 2024
On filings since 2019
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Precision Rubber Products Foundation Inc
How much does Precision Rubber Products Foundation Inc give each year?
Precision Rubber Products Foundation Inc gave $97K across 26 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $74K across 24 grants.
What is Precision Rubber Products Foundation Inc's typical grant size?
Precision Rubber Products Foundation Inc's median grant in 2025 was $4,000, and its average grant was $3,719, across 26 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Precision Rubber Products Foundation Inc that year got $4K on average.
Where does Precision Rubber Products Foundation Inc give grants?
Precision Rubber Products Foundation Inc gives mostly in Tennessee: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lebanon, TN (15 grants) and Gallatin, TN (2 grants).
Does Precision Rubber Products Foundation Inc give general operating support?
Not in 2025: none of the 26 grants with a stated purpose on Precision Rubber Products Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Provide Funds for Charity's Purpose" (13 grants) and "Scholarships" (8 grants).
Who are Precision Rubber Products Foundation Inc's largest grantees?
Precision Rubber Products Foundation Inc's largest 2025 grantees include MTSU - Graham Edens ($6,000), Wilson County Christmas for All ($5,000) and Books from Birth ($4,600), according to its 2025 IRS Form 990-PF. It also paid 4 individual scholarships ($8,500), which are not listed by name. Together they received 16% of its itemized 2025 grant dollars.
How large is Precision Rubber Products Foundation Inc?
Precision Rubber Products Foundation Inc reported $114K in total assets on its 2025 IRS Form 990-PF. It paid out $97K in qualifying distributions that year, against a required minimum of $134K (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 Precision Rubber Products Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants show support for scholarships and a range of charitable purposes. See mission & focus areas ↑
How do I apply for a grant from Precision Rubber Products Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Precision Rubber Products Foundation Inc's EIN?
Precision Rubber Products Foundation Inc's EIN (Employer Identification Number) is 31-0503347. IRS Form 990 filing data is available on this page for 2019–2025.
Does Precision Rubber Products Foundation Inc 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
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Precision Rubber Products Foundation Inc funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/precision-rubber-products-foundation-inc-morg_d74456155fd246d58a15504a05d5eeaa
BibTeX
@misc{grantable_310503347_2026,
author = {{Grantable}},
title = {{Precision Rubber Products Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/precision-rubber-products-foundation-inc-morg_d74456155fd246d58a15504a05d5eeaa},
note = {Accessed 2026-10-24. 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 Precision Rubber Products Foundation Inc'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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