The Nazareth Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COOKEVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 19 grants totaling $395K. Net investment income was $404K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
+0.1% YoY
Annual Giving
$395K
+10.6% YoY
Grant Count
19
+18.8% YoY
Avg Grant Size
$21K
-6.8% YoY
Under IRS private-foundation payout rules, The Nazareth Foundation Inc reported a distributable amount of $392K for 2024 — the minimum it must pay out in qualifying distributions.
About The Nazareth Foundation Inc
Based on IRS filings
The Nazareth Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COOKEVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 19 grants totaling $395K. Net investment income was $404K.
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 | $6,995,246 | $6,986,614 | $7,232,567 |
| Revenue | $450,677 | $152,005 | $191,873 |
| Expenses | $442,045 | $397,958 | $450,255 |
| Qualifying Distributions | $395,000 | $356,990 | $400,000 |
| Net Investment Income | $403,667 | $129,002 | $147,656 |
| Distributable Amount | $392,363 | $374,455 | $376,990 |
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
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Collegeside Church of Christ ($160,000), La Ola Ministriesthe Wave ($50,000), Habitat for Humanity ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN BIBLE SOCIETY PHILADELPHIA, PA | TO SPREAD THE GOSPEL | $10,000 |
| BLOOD WATER NASHVILLE, TN | PROVIDE CLEAN WATER AND HIV MEDICAL TREATMENT | $5,000 |
| COLLEGESIDE CHURCH OF CHRIST COOKEVILLE, TN | FOR FELLOWSHIPS | $160,000 |
| COOKEVILLE RESCUE MISSION COOKEVILLE, TN | TO ASSIST HOMELESS | $15,000 |
| CRMC FOUNDATION COOKEVILLE, TN | ASSIST THOSE IN NEED | $5,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | PROVIDE MEDICAL CARE | $10,000 |
| HABITAT FOR HUMANITY COOKEVILLE, TN | TO ASSIST CHILDREN | $20,000 |
| LA OLA MINISTRIESTHE WAVE LAREDO, TX | FOR FELLOWSHIPS | $50,000 |
| MERCY SHIPS GARDEN VALLEY, TX | PROVIDE MEDICAL CARE | $5,000 |
| MUSTARD SEED RANCH COOKEVILLE, TN | TO ASSIST CHILDREN | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRUCE BARSUMIAN | PRESIDENT/DIRECTOR | — | — |
| KENNAN BARSUMIAN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Nazareth Foundation Inc?
The Nazareth Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COOKEVILLE, TN. It holds $7.0M in total assets as of 2024.
How large is The Nazareth Foundation Inc?
As of 2024, The Nazareth Foundation Inc holds $7.0M in total assets with $451K in annual revenue. It awarded 19 grants totaling $395K in 2024.
Where does The Nazareth Foundation Inc operate?
The Nazareth Foundation Inc has awarded grants in California, Colorado, Florida, Georgia, Kentucky, Missouri, North Carolina, New York, Pennsylvania, Tennessee, Texas.
What size grants does The Nazareth Foundation Inc award?
In 2024, The Nazareth Foundation Inc awarded 19 grants totaling $395K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is The Nazareth Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nazareth Foundation Inc reported a distributable amount of $392K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Nazareth Foundation Inc's EIN?
The Nazareth Foundation Inc's EIN (Employer Identification Number) is 81-1135220. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Nazareth Foundation Inc'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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