The Richard Siegel Foundation is a private 501(c)(3) foundation based in Franklin, Tennessee, established in 1999. The foundation is organized exclusively for charitable, educational, literary, and scientific purposes, with a primary focus on improving public education in the City of Murfreesboro and Rutherford County, Tennessee.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+6.1% YoY
Annual Giving
$193K
-0.3% YoY
Grant Count
52
+2.0% YoY
Avg Grant Size
$4K
-2.2% YoY
Mission & Focus Areas
The foundation's mission centers on improving the overall quality of public education in Murfreesboro and Rutherford County through:
- Providing scholarships to high school graduates in the region
- Funding grant projects for schools
- Encouraging imaginative and creative approaches to educating public school students
- Stimulating optimism in teachers and inspiration in students
- Generating community involvement and enthusiasm in support of public schools
- Promoting development of young people and families through recreation
Primary funding areas include education (particularly elementary and secondary education), human services, family services, and child welfare.
Grantmaking
The foundation accepts applications annually for scholarships and school grant projects. The application deadline is June 1, 2026.
Average Grant
amount: approximately $3,334
Review Cycle
is June 1, 2026.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds initiatives in Tennessee, with particular emphasis on Murfreesboro and Rutherford County. Secondary funding areas include Alabama, Florida, Georgia, Kentucky, Texas, and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total Assets: $3.47 million
- Total Revenue: $443,132
- Total Expenses: $244
Assets & Revenue (2023):
- Total Assets: $3,270,623
- Total Revenue: $175,543
- Total Expenses: $237,173
- Total Liabilities: $0
The foundation maintains a strong financial position with no outstanding liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,469,692 | $3,270,623 | $3,332,253 |
| Revenue | $443,132 | $175,543 | $45,158 |
| Expenses | $244,063 | $237,173 | $271,138 |
| Qualifying Distributions | $197,383 | $197,881 | $228,502 |
| Net Investment Income | $409,121 | $135,843 | $33,954 |
| Distributable Amount | $218,318 | $197,383 | $205,914 |
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
248 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members & Staff:
- Myranda Peterson (Chair)
- Whitney Raque (Secretary)
- Fred Halfpap (Business Administrator)
- Ran Powers (Trustee)
- Rachel Polk (Trustee)
- BJ Kerstiens (Vice Chair)
- Brock East (Secretary)
- Bill Caruthers (Trustee)
- Brandon Ward (Trustee)
- Emily Jackson
The foundation is governed by a trustees committee comprised of members from First United Methodist Church in Murfreesboro. Board and staff members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN KINNETT | EMPLOYEE LIASON | — | — |
| CHERYL LETSON | MEMBER | — | — |
| ERIN TUCKER | MEMBER | — | — |
| FRED HALFPAP | EMPLOYEE LIASON | — | — |
| MYRANDA PETERSON | CHAIR | — | — |
| KEITH BARRETT | MEMBER | — | — |
| SEARS HALLETT | MEMBER | — | — |
| WHITNEY RAQUE | SECRETARY | — | — |
| JIM MARTIN | MEMBER | — | — |
| JEFF WARD | VICE CHAIR | — | — |
Subject 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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