Precision Rubber Products Foundation Inc

Private foundation · Grantmaker Lebanon, TN EIN: 31-0503347

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.

Key facts about Precision Rubber Products Foundation Inc

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.

EIN
31-0503347
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$96,700
Grants made (2025)
26
Average grant
$3,719
Median grant
$4,000
New grantees (estimate)
13% first-time grantees (3 of 23, 2025; small sample)
Total assets
$114,478
Primary geography
Tennessee (96% of itemized 2025 grant dollars)
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. Full details ↓

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$114K

+59.4% YoY

Annual Giving

$97K

+30.7% YoY

Grant Count

26

+8.3% YoY

Avg Grant Size

$4K

+20.6% YoY

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.

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.

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.

How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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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

4states

Share of 2025 grant dollars across all 26 itemized grants.

Cities

LebanonGallatinNashvilleCookevilleKansas CityKnoxvilleWatertownJacksonJacksonvilleChattanoogaMadisonvilleMurfreesboro

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K26 grants2019 27 grants2020 26 grants2021 25 grants2022 24 grants2023 24 grants2024 26 grants2025

From 2019 to 2025, annual grant giving ranged from $70K (2023) to $107K (2020). In 2025 it made 26 grants totaling $97K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

MTSU - Graham Edens: $6KMTSU - Graham Edens$6KWilson County Christmas for All: $5KWilson County Christmas forAll$5KBooks from Birth: $5KBooks from Birth$5KBrooks House: $5KBrooks House$5KCumberland University: $5KCumberland University$5KRonald McDonald House: $5KRonald McDonald House$5KSherry's Hope: $5KSherry's Hope$5KWilson County Community Help Center: $5KWilson County Community HelpCenter$5KHabitat for Humanity: $5KHabitat for Humanity$5KBig Brothers: $4KBig Brothers$4K

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

125<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 125 grants of 125 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MTSU - Graham Edens Murfreesboro, TNScholarships$6,000
Wilson County Christmas for All Lebanon, TNProvide Funds for Charity's Purpose$5,000
Books from Birth Lebanon, TNProvide Funds for Charity's Purpose$4,600
Brooks House Lebanon, TNProvide Funds for Charity's Purpose$4,600
Cumberland University Lebanon, TNProvide Funds for Entity's Purpose$4,600
Ronald McDonald House Nashville, TNProvide Funds for Charity's Purpose$4,600
Sherry's Hope Lebanon, TNProvide Funds for Charity's Purpose$4,600
Wilson County Community Help Center Lebanon, TNProvide Funds for Charity's Purpose$4,600
Habitat for Humanity Lebanon, TNProvide Funds for Charity Programs$4,600
Big Brothers Lebanon, TNProvide Funds for Charity's Purpose$4,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $114,478 $139,973 $97,321 $96,700 26
2024 $71,826 $61,038 $74,621 $74,000 24
2023 $85,409 $69,994 $70,031 $69,500 24
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$114,478$71,826$85,409
Revenue$139,973$61,038$69,994
Expenses$97,321$74,621$70,031
Qualifying Distributions$96,700$74,000$69,500
Net Investment Income$139,973$61,038$59,719
Distributable Amount$134,309$115,880$108,452

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
  3. IRS filings on file for fiscal years 2019–2025

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.

Contact

Mailing address: 145 Springfield Drive, Lebanon, TN 37087
Phone: (615) 444-6812

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.

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