The Ann and Monroe Carell Foundation

Private foundation · Grantmaker Nashville, TN EIN: 58-1537831

The Ann and Monroe Carell Foundation is a private foundation, based in Nashville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $17.9M in total assets. In 2025, it awarded 5 grants totaling $1.5M. Net investment income was $1.4M.

Key facts about The Ann and Monroe Carell Foundation

In short: The Ann and Monroe Carell Foundation gave $1.5M across 5 grants in 2025 (avg $305K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.

EIN
58-1537831
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,525,000
Grants made (2025)
5
Average grant
$305,000
Median grant
$50,000
Total assets
$17,944,633
Primary geography
Tennessee (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$17.9M

-0.7% YoY

Annual Giving

$1.5M

+2.6% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$305K

+43.6% YoY

Under IRS private-foundation payout rules, The Ann and Monroe Carell Foundation reported a distributable amount of $1.0M for 2025 — the minimum it must pay out in qualifying distributions.

How The Ann and Monroe Carell Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+9%). Method
  • In 2025 it paid out 152% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 5 itemized 2025 grant dollars.

States

Cities

Nashville

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M4 grants20203 grants20212 grants20226 grants20237 grants20245 grants2025

From 2020 to 2025, annual grant giving ranged from $1.4M (2022) to $3.2M (2021). In 2025 it made 5 grants totaling $1.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Vanderbilt University Medical Center: $1.0MVanderbilt University MedicalCenter$1.0MDiocese of Nashville - Legacy Campaign: $400KDiocese of Nashville - LegacyCampaign$400KNashville Symphony: $50KNashville Symphony$50KSB Initiative Inc: $50KSB Initiative Inc$50KSwan Ball: $25KSwan Ball$25K

The largest 2025 recipient was Vanderbilt University Medical Center ($1.0M). Together the top 5 received $1.5M.

Grant Size Distribution

23 grants across all recorded years

7<$50K4$50–100K1$100–250K5$250–500K$500K–1M6$1–5M$5M+

The most common grant size was under $50K: 7 grants of 23 (30%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Vanderbilt University Medical Center Nashville, TNTo Further Charitable Activities$1,000,000
Diocese of Nashville - Legacy Campaign Nashville, TNTo Further Charitable Activities$400,000
Nashville Symphony Nashville, TNTo Further Charitable Activities$50,000
SB Initiative Inc Nashville, TNTo Further Charitable Activities$50,000
Swan Ball Nashville, TNTo Further Charitable Activities$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M202020212022202320242025
Metric202520242023
Total Assets$17,944,633$18,075,853$17,900,583
Revenue$1,547,174$1,777,510$785,722
Expenses$1,678,495$1,598,359$1,844,742
Qualifying Distributions$1,532,280$1,493,300$1,734,250
Net Investment Income$1,441,847$1,677,485$687,594
Distributable Amount$1,005,644$972,356$979,976

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 18, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 30, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Ann and Monroe Carell Foundation is led by Kathryn C. Brown, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kathryn C. Brown

    President

    On filings since 2020

    No compensation reported

  • Edith C. Johnson

    Treasurer

    On filings since 2020

    No compensation reported

  • Julie Carell Stadler

    Secretary

    On filings since 2020

    No compensation reported

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 The Ann and Monroe Carell Foundation

How much does The Ann and Monroe Carell Foundation give each year?

The Ann and Monroe Carell Foundation gave $1.5M across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.5M across 7 grants.

What is The Ann and Monroe Carell Foundation's typical grant size?

The Ann and Monroe Carell Foundation's median grant in 2025 was $50,000, and its average grant was $305,000, across 5 grants on its 2025 IRS Form 990-PF.

Where does The Ann and Monroe Carell Foundation give grants?

The Ann and Monroe Carell Foundation gives mostly in Tennessee: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Nashville, TN (5 grants).

Does The Ann and Monroe Carell Foundation give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on The Ann and Monroe Carell Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Further Charitable Activities" (5 grants).

Who are The Ann and Monroe Carell Foundation's largest grantees?

The Ann and Monroe Carell Foundation's largest 2025 grantees include Vanderbilt University Medical Center ($1,000,000), Diocese of Nashville - Legacy Campaign ($400,000) and Nashville Symphony ($50,000), according to its 2025 IRS Form 990-PF. Together they received 95% of its itemized 2025 grant dollars.

How large is The Ann and Monroe Carell Foundation?

The Ann and Monroe Carell Foundation reported $17.9M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets).

What is The Ann and Monroe Carell Foundation's EIN?

The Ann and Monroe Carell Foundation's EIN (Employer Identification Number) is 58-1537831. 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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