Walter C Nugent Foundation 1035002316

Private foundation · Grantmaker Columbus, IN EIN: 35-6042114

Walter C Nugent Foundation 1035002316 is a private foundation, based in Columbus, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $452K in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $33K.

Walter C Nugent Foundation 1035002316 at a glance

In short: Walter C Nugent Foundation 1035002316 gave $10K across 1 grant in 2025 (avg $10K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$9,800
-63.6% vs 2024
Grants made (2025)
1
-83.3% vs 2024
Average grant
$9,800
+118.6% vs 2024
Median grant
$9,800
Total assets
$452,248
+4.4% vs 2024
Primary geography
Indiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Walter C Nugent Foundation 1035002316 funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Iu School of Medicine: $10KIu School of Medicine$10K

The largest 2025 recipient was Iu School of Medicine ($10K).

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

IndianapolisColumbusBloomingtonSeymour

How Walter C Nugent Foundation 1035002316 gives

  • Giving fell 65% from 2022 to 2025. Method
  • In 2025 it paid out 49% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K3 grants2019 2 grants2020 2 grants2021 3 grants2022 4 grants2023 6 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $10K (2025) to $28K (2022). In 2025 it made 1 grant totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Iu School of Medicine Indianapolis, INUnrestricted Charitable$9,800
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$452,248$36,587$17,373$9,8001$12,897$32,630$26,294
2024$433,031$31,601$33,379$26,9006$28,232$26,516$25,199
2023$434,892$19,335$31,889$25,8004$28,339$15,785$24,029
2022$447,452$-4,367$37,041$27,9753$31,452$6,688$25,803
2021$488,879$37,684$34,471$25,5002$29,252$33,619$28,633
2020$484,359$59,378$25,510$19,5002—$55,674$23,380
2019$451,616$22,375$26,101$18,3003—$19,470$24,818

Under IRS private-foundation payout rules, Walter C Nugent Foundation 1035002316 reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Walter C Nugent Foundation 1035002316's 2025 filing lists 6 officers; all 6 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Diane Bradley

    Director

    On filings since 2019

    2 hrs/week

    $50 (2019) → $100 (2025)

  • Richard H. Weaver

    Director

    On filings since 2019

    2 hrs/week

    $100 (2019) → $100 (2025)

  • Steve Carothers

    Director

    On filings since 2019

    2 hrs/week

    $100 (2019) → $100 (2025)

  • Seth A. Keele

    Director

    On filings since 2022

    2 hrs/week

    $100 (2022) → $100 (2025)

  • James W. Holland

    Secretary

    Director → Secretary, 2022

    On filings since 2019

    2 hrs/week

    $100 (2019) → $100 (2025)

  • Sam Pentzer

    Vice President

    President → Vice President, 2022

    On filings since 2019

    2 hrs/week

    $100 (2019) → $100 (2025)

Former officers (3)
  • Former: William A. Helmbrecht (2019–2022) — President & Treasurer
  • Former: First Financial Bank (2019) — Trustees
  • Former: Robert L. Spurgin (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Richard H Weaver — Director: $100Richard H WeaverDirector$100Sam Pentzer — Vice President: $100Sam PentzerVice President$100Diane Bradley — Director: $100Diane BradleyDirector$100Steve Carothers — Director: $100Steve CarothersDirector$100James W Holland — Secretary: $100James W HollandSecretary$100Seth a Keele — Director: $100Seth a KeeleDirector$100

The highest reported compensation on the 2025 filing was $100, to Richard H Weaver (Director). 6 officers or directors reported compensation on that filing.

Frequently asked questions about Walter C Nugent Foundation 1035002316

How much does Walter C Nugent Foundation 1035002316 give each year?

Walter C Nugent Foundation 1035002316 gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $27K across 6 grants.

How large is Walter C Nugent Foundation 1035002316?

Walter C Nugent Foundation 1035002316 reported $452K in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Walter C Nugent Foundation 1035002316 operate?

Walter C Nugent Foundation 1035002316 has awarded grants in Indiana.

What is Walter C Nugent Foundation 1035002316's EIN?

Walter C Nugent Foundation 1035002316's EIN (Employer Identification Number) is 35-6042114. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 31, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 28, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 29, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Walter C Nugent Foundation 1035002316's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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