Tampa Bay Baptist Foundation Inc

Public charity · Grantmaker Tampa, FL EIN: 23-7397487

To assist churches in the tampa bay baptist association in the proclamation of the gospel of jesus christ

Key facts about Tampa Bay Baptist Foundation Inc

In short: Tampa Bay Baptist Foundation Inc gave $222K across 6 grants in 2024 (avg $37K), mostly in Florida. Source: 2024 IRS Form 990.

EIN
23-7397487
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$221,793
Grants made (2024)
6
Average grant
$36,966
Median grant
$33,250
Total assets
$1,882,384
Primary geography
Florida (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$1.9M

-1.5% YoY

Annual Giving

$222K

+49.8% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$37K

+49.8% YoY

How Tampa Bay Baptist Foundation Inc gives

  • Giving grew 21% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Tampa Bay Baptist Foundation Inc

Based on IRS filings

Tampa Bay Baptist Foundation Inc is a public charity, based in Tampa, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 6 grants totaling $222K. Net investment income was $155K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 6 itemized grants.

States

Cities

TampaLutzBrandonLand O LakesApollo BeachFort MyersJacksonvilleTarpon Springs

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K3 grants2020 10 grants2021 8 grants2022 6 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $81K (2020) to $222K (2024). In 2024 it made 6 grants totaling $222K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Tampa Bay Baptist Association: $82KTampa Bay Baptist Association$82KNo Greater Love Baptist Church: $55KNo Greater Love Baptist Church$55KIglesia Bautista Bethel: $39KIglesia Bautista Bethel$39KChannelside Church: $28KChannelside Church$28KMyrtle Lake Baptist Church: $14KMyrtle Lake Baptist Church$14KManhattan Baptist Church: $5KManhattan Baptist Church$5K

The largest 2024 recipient was Tampa Bay Baptist Association ($82K). Together the top 6 received $222K.

Grant Size Distribution

33 grants across all recorded years

29<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 29 grants of 33 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Tampa Bay Baptist Association Tampa, FLAnnual Programming Needs$81,680
No Greater Love Baptist Church Tampa, FLRenovation to Buildings$54,785
Iglesia Bautista Bethel Tampa, FLBuilding Improvements$39,000
Channelside Church Lutz, FLAssistance with Programming Needs$27,500
Myrtle Lake Baptist Church Land O Lakes, FLImprovements to Facility$13,628
Manhattan Baptist Church Tampa, FLProgramming Needs$5,200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,882,384$1,911,250$1,918,766
Revenue$159,075$57,160$180,849
Expenses$242,568$165,772$230,557
Net Investment Income$154,557$54,560$175,756

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS September 8, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS June 23, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS September 11, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Tampa Bay Baptist Foundation Inc is led by Elbert Nasworthy, President on every filing since 2020; none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Elbert Nasworthy

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bart Azzarelli

    Director

    On filings since 2020

    No compensation reported

  • Bill Humphries

    Director

    On filings since 2020

    No compensation reported

  • Bob Perry

    Director

    On filings since 2020

    No compensation reported

  • David Kelley

    Director

    On filings since 2020

    No compensation reported

  • John Grant

    Director

    On filings since 2020

    No compensation reported

  • Richard Nielsen

    Director

    On filings since 2020

    No compensation reported

  • Jim Willis

    Director

    On filings since 2022

    No compensation reported

  • Russell W. Osborne

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: James Hartley (2020–2021) — Director

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 Tampa Bay Baptist Foundation Inc

How much does Tampa Bay Baptist Foundation Inc give each year?

Tampa Bay Baptist Foundation Inc gave $222K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $148K across 6 grants.

What is Tampa Bay Baptist Foundation Inc's typical grant size?

Tampa Bay Baptist Foundation Inc's median grant in 2024 was $33,250, and its average grant was $36,966, across 6 grants on its 2024 IRS Form 990.

Where does Tampa Bay Baptist Foundation Inc give grants?

Tampa Bay Baptist Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Tampa, FL (4 grants).

Does Tampa Bay Baptist Foundation Inc give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on Tampa Bay Baptist Foundation Inc's 2024 IRS Form 990 were described as general or operating support.

Who are Tampa Bay Baptist Foundation Inc's largest grantees?

Tampa Bay Baptist Foundation Inc's largest 2024 grantees include Tampa Bay Baptist Association ($81,680), No Greater Love Baptist Church ($54,785) and Iglesia Bautista Bethel ($39,000), according to its 2024 IRS Form 990. Together they received 79% of its itemized 2024 grant dollars.

How large is Tampa Bay Baptist Foundation Inc?

Tampa Bay Baptist Foundation Inc reported $1.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $159K.

What is Tampa Bay Baptist Foundation Inc's EIN?

Tampa Bay Baptist Foundation Inc's EIN (Employer Identification Number) is 23-7397487. IRS Form 990 filing data is available on this page for 2020–2024.

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

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