The Healing Trust is a private foundation based in Nashville, Tennessee, established in 2002 following the sale of Baptist Hospital to Ascension Health/St. Thomas Health Services. The organization operates as an independent, philanthropic foundation dedicated to advancing racial equity and eliminating health disparities in Middle Tennessee through strategic investments and advocacy.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$133.2M
+1.9% YoY
Annual Giving
$4.8M
+2.9% YoY
Grant Count
150
+2.7% YoY
Avg Grant Size
$32K
+0.1% YoY
Mission & Focus Areas
Mission Statement: The Healing Trust's mission is to support and partner with communities to advance racial equity and eliminate health disparities through advocacy and strategic investments.
Core Values:
- Intergenerational Equity
- Community Voice
- Anti-racism
- Systems and Symptoms Approach
- Health as a Human Right
- Relationships
- Compassion
Strategic Priorities: The foundation organizes its grantmaking around three primary strategic priorities:
- Resilient Families
- Thriving Communities
- Strengthening Democracy
The foundation also operates specialized funding programs including the Sabbatical Fund and Culture and Care Funds, which are available to current grantee partners who have received general operating support.
Grantmaking
In 2025, The Healing Trust awarded over $4.9 million, with 38% of those dollars directed to nonprofits outside of Davidson County. The foundation has made 326 grants totaling $12.9 million to 172 unique organizations based on available records.
Average Grant
amount: $39,000
Review Cycle
. As of 2026, the foundation is prioritizing wellness and staff support for nonprofits and is only accepting applications for the Sabbatical Fund and Culture and Care Funds. Funding for Thriving Communities, Resilient Families, and Strengthening Democracy has already been allocated for 2026.
How to Apply
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Geographic Focus
Where this funder awards grants
The Healing Trust serves five counties in Middle Tennessee. Since its establishment, the foundation has given over $100 million to the Middle Tennessee community. The foundation's grantmaking is concentrated in Tennessee, with the primary focus on the Middle Tennessee region, though it has supported organizations across nine states.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets: $133,197,376 (as of 2024)
- Assets have grown from $108.9 million in 2011 to $133.2 million in 2024
Annual Giving:
- Total giving: $4,843,468
- Annual income: $5,345,104 (2024)
- Total expenses: $8,302,313 (2024)
- Annual distributions have ranged between $3.7 million and $4.6 million from 2020 to 2022
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $133,197,376 | $130,695,569 | $127,763,111 |
| Revenue | $5,345,104 | $3,288,897 | $10,509,578 |
| Expenses | $8,302,313 | $8,299,583 | $7,786,070 |
| Qualifying Distributions | $6,424,066 | $6,012,035 | $5,648,173 |
| Net Investment Income | $3,681,425 | $1,640,860 | $8,804,303 |
| Distributable Amount | $6,244,419 | $6,170,350 | $6,425,820 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from The Healing Trust
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer:
- Kristen Keely-Dinger (CEO)
Staff:
- Adell Neal (Operations Director)
The foundation is governed by 16 officers and trustees and employs approximately 5-10 staff members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REV JENNIFER BAILEY | BOARD CHAIR | 1 | — |
| ANDERS HALL | FINANCE & INVESTMENT CHAIR | 1 | — |
| MATIA POWELL | NOMINATING CHAIR | 1 | — |
| BAYLOR BONE SWINDELL | PROGRAM CHAIR | 1 | — |
| STEVE TAYLOR | HUMAN RESOURCES & COMPENSATION CHAIR | 1 | — |
| KATIE WILLIAMS | TREASURER/SECRETARY | 1 | — |
| KRISTEN KEELY-DINGER | FORMER CEO | 40 | $235,552 |
| DR HANA ALI | TRUSTEE | 1 | — |
| KRISTINA CLARK | TRUSTEE | 1 | — |
| MAGI CURTIS | TRUSTEE | 1 | — |
| NICOLE DUNIGAN | TRUSTEE | 1 | — |
| GILBERT GONZALES | TRUSTEE | 1 | — |
| VALERIE GUZMAN | TRUSTEE | 1 | — |
| CRAIG HARGROW | TRUSTEE | 1 | — |
| CHERYL JONES | TRUSTEE | 1 | — |
| CHRISTA MARTIN | TRUSTEE | 1 | — |
| LAMEL BANDY-NEAL | TRUSTEE | 1 | — |
| SHANNONE RAYBON | TRUSTEE | 1 | — |
| ERICA SAEGER | AUDIT CHAIR | 1 | — |
| RHONDA WARE | TRUSTEE | 1 | — |
| BEN WOLF | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
In 2025, The Healing Trust awarded over $4.9 million in grants, with 38% of those dollars awarded to nonprofits outside of Davidson County. The foundation continues to focus on its three strategic priorities while introducing specialized funding programs for current grantee partners focused on wellness and staff support.
The Health Trust Awards $2.15 Million in FY26 Cycle 1 Grants to Advance HealthSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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