Tom and Brenda Nash Foundation Inc

ASHEVILLE, NC EIN: 56-1923903

Tom and Brenda Nash Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $575K in total assets. In 2024, it awarded 3 grants totaling $125K. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$575K

-5.0% YoY

Annual Giving

$125K

+150.0% YoY

Grant Count

+200.0% YoY

Avg Grant Size

$42K

-16.7% YoY

Under IRS private-foundation payout rules, Tom and Brenda Nash Foundation Inc reported a distributable amount of $76K for 2024 — the minimum it must pay out in qualifying distributions.

About Tom and Brenda Nash Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $1.5M (100%)

States

North Carolina

Cities

ArdenAshevilleMars HillMontreatSwannanoa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$574,847	$605,037	$641,402
Revenue	$95,000	$13,635	$150,576
Expenses	$125,190	$50,000	$273,235
Qualifying Distributions	$125,000	$50,000	$270,000
Net Investment Income	$14,531	$13,635	$10,945
Distributable Amount	$76,090	$65,669	$69,652

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Memory Care ($50,000), Montreat College ($50,000), Deerfield Charitable Foundation ($25,000).

Recipient	Purpose	Amount
DEERFIELD CHARITABLE FOUNDATION ASHEVILLE, NC	GENERAL SUPPORT	$25,000
MEMORY CARE ASHEVILLE, NC	GENERAL SUPPORT	$50,000
MONTREAT COLLEGE MONTREAT, NC	GENERAL SUPPORT	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BRENDA G NASH	CHAIRPERSON	—	—
THOMAS E NASH III	SECRETARY/TR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Tom and Brenda Nash Foundation Inc?

Tom and Brenda Nash Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. It holds $575K in total assets as of 2024.

How large is Tom and Brenda Nash Foundation Inc?

As of 2024, Tom and Brenda Nash Foundation Inc holds $575K in total assets with $95K in annual revenue. It awarded 3 grants totaling $125K in 2024.

Where does Tom and Brenda Nash Foundation Inc operate?

Tom and Brenda Nash Foundation Inc has awarded grants in North Carolina.

What size grants does Tom and Brenda Nash Foundation Inc award?

In 2024, Tom and Brenda Nash Foundation Inc awarded 3 grants totaling $125K — an average of about $42K per grant, based on its IRS Form 990 filings.

How much is Tom and Brenda Nash Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tom and Brenda Nash Foundation Inc reported a distributable amount of $76K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tom and Brenda Nash Foundation Inc's EIN?

Tom and Brenda Nash Foundation Inc's EIN (Employer Identification Number) is 56-1923903. IRS Form 990 filing data is available on this page for 2020–2024.