The Gift of Music Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $156K in total assets. In 2024, it awarded 1 grants totaling $537.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$156K
-5.8% YoY
Annual Giving
$537
-49.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$537
-49.7% YoY
Under IRS private-foundation payout rules, The Gift of Music Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About The Gift of Music Foundation
Based on IRS filings
The Gift of Music Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $156K in total assets. In 2024, it awarded 1 grants totaling $537.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $156,324 | $165,892 | $174,812 |
| Revenue | — | — | — |
| Expenses | $9,568 | $8,920 | $17,820 |
| Qualifying Distributions | $9,568 | $8,920 | $17,820 |
| Net Investment Income | — | — | — |
| Distributable Amount | $7,935 | $8,390 | $9,048 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pepperdine Fund ($537).
| Recipient | Purpose | Amount |
|---|---|---|
| PEPPERDINE FUND MALIBU, CA | TO BENEFIT MUSIC PROGRAMS OF THE UNIVERSITY | $537 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL ALLEN | PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gift of Music Foundation?
The Gift of Music Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. It holds $156K in total assets as of 2024.
How large is The Gift of Music Foundation?
As of 2024, The Gift of Music Foundation holds $156K in total assets. It awarded 1 grants totaling $537 in 2024.
Where does The Gift of Music Foundation operate?
The Gift of Music Foundation has awarded grants in California, New York, Tennessee.
What size grants does The Gift of Music Foundation award?
In 2024, The Gift of Music Foundation awarded 1 grants totaling $537 — an average of about $537 per grant, based on its IRS Form 990 filings.
How much is The Gift of Music Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gift of Music Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gift of Music Foundation's EIN?
The Gift of Music Foundation's EIN (Employer Identification Number) is 20-6301478. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Gift of Music Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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