The Bracken Foundation

Private foundation · Grantmaker Nashville, TN EIN: 47-3363328

The Bracken Foundation is a private foundation, based in Nashville, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $911K in total assets. In 2024, it awarded 1 grant totaling $250K. Net investment income was $38K.

Key facts about The Bracken Foundation

In short: The Bracken Foundation gave $250K across 1 grant in 2024 (avg $250K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.

EIN
47-3363328
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$250,000
Grants made (2024)
1
Average grant
$250,000
Median grant
$250,000
Total assets
$910,595
Primary geography
Tennessee (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$911K

-19.4% YoY

Annual Giving

$250K

-69.6% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$250K

-39.1% YoY

Under IRS private-foundation payout rules, The Bracken Foundation reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.

How The Bracken Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method
  • In 2024 it paid out 416% 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

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

NashvilleOak HillRichmond

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M7 grants2020 1 grant2021 0 grants2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $250K (2021) to $2.4M (2020). In 2024 it made 1 grant totaling $250K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Franklin Road Academy: $250KFranklin Road Academy$250K

The largest 2024 recipient was Franklin Road Academy ($250K).

Grant Size Distribution

11 grants across all recorded years

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

The most common grant size was in the $250–500K range: 5 grants of 11 (45%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Franklin Road Academy Nashville, TNThe Franklin Road Academy Capital Campaign$250,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$910,595$1,130,254$2,164,139
Revenue$38,553$-204,754$56,498
Expenses$258,212$829,131$19,118
Qualifying Distributions$250,000$821,484—
Net Investment Income$38,273$92,145$37,622
Distributable Amount$60,148$76,181$116,858

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 November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Bracken Foundation is led by Richard M. Bracken, President & Director on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Richard M. Bracken

    President & Director

    On filings since 2020

    No compensation reported

  • Jacqueline B. Fisher

    Director

    On filings since 2020

    No compensation reported

  • Jessica K. Bracken

    Director

    On filings since 2020

    No compensation reported

  • Judith K. Bracken

    Secretary & Director

    On filings since 2020

    No compensation reported

  • R. Michael Bracken Jr.

    Assistant Secretary & Director

    On filings since 2020

    No compensation reported

  • Robert N. Bracken

    Director

    On filings since 2020

    No compensation reported

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 The Bracken Foundation

How much does The Bracken Foundation give each year?

The Bracken Foundation gave $250K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $821K across 2 grants.

How large is The Bracken Foundation?

The Bracken Foundation reported $911K in total assets on its 2024 IRS Form 990-PF. It paid out $250K in qualifying distributions that year, against a required minimum of $60K (roughly 5% of its investment assets).

Where does The Bracken Foundation operate?

The Bracken Foundation has awarded grants in Tennessee, Virginia.

What is The Bracken Foundation's EIN?

The Bracken Foundation's EIN (Employer Identification Number) is 47-3363328. IRS Form 990 filing data is available on this page for 2020–2024.

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

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