Zernickow-aiken Foundation Inc

JOHNSON CITY, TN EIN: 26-3016551

Zernickow-aiken Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSON CITY, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $742K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$742K

+1.8% YoY

Annual Giving

$2K

-89.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

-89.2% YoY

Under IRS private-foundation payout rules, Zernickow-aiken Foundation Inc reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About Zernickow-aiken 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

Washington $41K (54%)

Tennessee $18K (24%)

Illinois $16K (21%)

States

Illinois Tennessee Washington

Cities

Johnson CityRichlandRosemont

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$741,866	$728,498	$737,902
Revenue	$21,133	$20,445	$90,664
Expenses	$47,379	$29,849	$23,306
Qualifying Distributions	$44,404	$25,800	$20,000
Net Investment Income	$19,996	$19,298	$89,125
Distributable Amount	$35,446	$33,237	$24,271

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Central Baptist Church ($2,220).

Recipient	Purpose	Amount
CENTRAL BAPTIST CHURCH JOHNSON CITY, TN	TO SUPPORT THE QUATEMALA MISSION TRIP	$2,220

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARC A AIKEN	PRESIDENT	1	—
LAURA M AIKEN	SECRETARY	1	—
RONALD MURRAY	DIRECTOR	1	—
RANDY REYNOLDS	DIRECTOR	1	—
RICHARD DUNCAN	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Zernickow-aiken Foundation Inc?

Zernickow-aiken Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSON CITY, TN. It holds $742K in total assets as of 2024.

How large is Zernickow-aiken Foundation Inc?

As of 2024, Zernickow-aiken Foundation Inc holds $742K in total assets with $21K in annual revenue. It awarded 1 grants totaling $2K in 2024.

Where does Zernickow-aiken Foundation Inc operate?

Zernickow-aiken Foundation Inc has awarded grants in Illinois, Tennessee, Washington.

What size grants does Zernickow-aiken Foundation Inc award?

In 2024, Zernickow-aiken Foundation Inc awarded 1 grants totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Zernickow-aiken Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Zernickow-aiken Foundation Inc reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Zernickow-aiken Foundation Inc's EIN?

Zernickow-aiken Foundation Inc's EIN (Employer Identification Number) is 26-3016551. IRS Form 990 filing data is available on this page for 2020–2024.