Still Waters 232 Foundation Inc

Foundation · Grantmaker Nashville, TN EIN: 83-1674089

Still Waters 232 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 17 grants totaling $40K. Net investment income was $54K.

Key facts about Still Waters 232 Foundation Inc

In short: Still Waters 232 Foundation Inc gave $40K across 17 grants in 2025 (avg $2K), top state Tennessee. 29% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
83-1674089
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$40,000
Grants made (2025)
17
Average grant
$2,353
Median grant
$2,000
New grantees (estimate)
29% first-time grantees (5 of 17, 2025)
Total assets
$2,213,982
Primary geography
Tennessee (30% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.2M

+18.1% YoY

Annual Giving

$40K

+29.0% YoY

Grant Count

17

+13.3% YoY

Avg Grant Size

$2K

+13.9% YoY

Is Still Waters 232 Foundation Inc open to new grantees?

29%

first-time grantees, 2025

In 2025, 5 of 17 grantees (29%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count

Medians: $2K first-time, $2K repeat.

  • 59% of 2025 grantees were also funded in 2024. Method
  • Giving grew 33% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states

Share of all 17 itemized 2025 grant dollars.

Cities

NashvilleSan DiegoDaytonFair LawnColorado SpringsBrentwoodArlingtonFort MillMcLeanNevada CityStratfordAdaApexHagerstownSacramentoAugustaBasaltBethesdaEscondidoFreeport

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K19 grants202019 grants202115 grants202214 grants202315 grants202417 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Refugee Net: $6KRefugee Net$6KAdopt-a-Soldier Platoon: $4KAdopt-a-Soldier Platoon$4KNashville State Community College: $2KNashville State CommunityCollege$2KApollos Training International: $2KApollos Training International$2KMedsend: $2KMedsend$2KMaple Tree Cancer Alliance: $2KMaple Tree Cancer Alliance$2KMusic Health Alliance: $2KMusic Health Alliance$2KBreakthrough T1D: $2KBreakthrough T1D$2KDiabetes Action Research and: $2KDiabetes Action Research and$2KCalifornia Fire Foundation: $2KCalifornia Fire Foundation$2K

Grant Size Distribution

80 grants across all recorded years

80<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
REFUGEE NET San Diego, CAFOSTERING EDUCATION$6,000
ADOPT-A-SOLDIER PLATOON Fair Lawn, NJHONORING SERVICE$4,000
NASHVILLE STATE COMMUNITY COLLEGE Nashville, TNFOSTERING EDUCATION$2,000
APOLLOS TRAINING INTERNATIONAL Apex, NCFOSTERING EDUCATION$2,000
MEDSEND Fort Mill, SCFOSTERING EDUCATION$2,000
MAPLE TREE CANCER ALLIANCE Dayton, OHSUPPORTING HEALTH$2,000
MUSIC HEALTH ALLIANCE Nashville, TNSUPPORTING HEALTH$2,000
BREAKTHROUGH T1D Hagerstown, MDSUPPORTING HEALTH$2,000
DIABETES ACTION RESEARCH AND Bethesda, MDSUPPORTING HEALTH$2,000
CALIFORNIA FIRE FOUNDATION Sacramento, CAHONORING SERIVCE$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K202020212022202320242025
Metric202520242023
Total Assets$2,213,982$1,875,271$1,680,143
Revenue$164,436$195,663$197,065
Expenses$53,285$42,671$38,120
Qualifying Distributions$49,346$39,448$35,049
Net Investment Income$54,483$47,935$30,802
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 16, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Still Waters 232 Foundation Inc is led by Susan Perdue, President on every filing since 2020; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Susan Perdue

    President

    On filings since 2020

    No compensation reported

  • Caitlin Renner

    Assistant Secretary

    Director → Assistant Secretary, 2022

    On filings since 2020

    No compensation reported

  • Kristen A. Perdue

    Vice President

    Director → Vice President, 2022

    On filings since 2020

    No compensation reported

  • Meghan Perdue

    Secretary

    Vice President for Communications → Secretary, 2022

    On filings since 2020

    No compensation reported

  • Philip Perdue

    Treasurer

    Secretary-Tr → Treasurer, 2022

    On filings since 2020

    No compensation reported

  • Scott W. Renner

    Assistant Secretary

    Director → Assistant Secretary, 2024

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: J. Christopher Perdue (2020–2023) — Assistant Treasurer

Data from IRS Form 990 filings, 2020–2025. "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 Still Waters 232 Foundation Inc

How much does Still Waters 232 Foundation Inc give each year?

Still Waters 232 Foundation Inc gave $40K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $31K across 15 grants.

What is Still Waters 232 Foundation Inc's typical grant size?

Still Waters 232 Foundation Inc's median grant in 2025 was $2,000, and its average grant was $2,353, across 17 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Still Waters 232 Foundation Inc that year got $2K on average.

Where does Still Waters 232 Foundation Inc give grants?

Still Waters 232 Foundation Inc's top state is Tennessee, with 30% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (30%) and Maryland (10%). The most frequent recipient cities were Nashville, TN (6 grants) and San Diego, CA (3 grants).

Does Still Waters 232 Foundation Inc give general operating support?

Not in 2025: none of the 17 grants with a stated purpose on Still Waters 232 Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Building Community" (5 grants), "Fostering Education" (4 grants) and "Supporting Health" (4 grants).

Who are Still Waters 232 Foundation Inc's largest grantees?

Still Waters 232 Foundation Inc's largest 2025 grantees include Refugee Net ($6,000), Adopt-a-Soldier Platoon ($4,000) and Nashville State Community College ($2,000), according to its 2025 IRS Form 990-PF. Together they received 30% of its itemized 2025 grant dollars.

How large is Still Waters 232 Foundation Inc?

Still Waters 232 Foundation Inc reported $2.2M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $164K.

What is Still Waters 232 Foundation Inc?

Still Waters 232 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. It holds $2.2M in total assets as of 2025.

What is Still Waters 232 Foundation Inc's EIN?

Still Waters 232 Foundation Inc's EIN (Employer Identification Number) is 83-1674089. IRS Form 990 filing data is available on this page for 2020–2025.

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

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