Zernickow-Aiken Foundation Inc
Zernickow-Aiken Foundation Inc is a private foundation, 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 grant totaling $2K. Net investment income was $20K.
Key facts about Zernickow-Aiken Foundation Inc
In short: Zernickow-Aiken Foundation Inc gave $2K across 1 grant in 2024 (avg $2K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.
- EIN
- 26-3016551
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,220
- Grants made (2024)
- 1
- Average grant
- $2,220
- Median grant
- $2,220
- Total assets
- $741,866
- Primary geography
- Tennessee (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$742K
+1.8% YoY
Annual Giving
$2K
-89.2% YoY
Grant Count
1
+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.
How Zernickow-Aiken Foundation Inc gives
- Giving fell 86% from 2021 to 2024. Method
- In 2024 it paid out 125% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2K (2024) to $21K (2023). In 2024 it made 1 grant totaling $2K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Central Baptist Church ($2K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Central Baptist Church Johnson City, TN | To Support the Quatemala Mission Trip | $2,220 |
Financial History
Multi-year comparison from IRS filings
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Zernickow-Aiken Foundation Inc is led by Marc A. Aiken, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Marc A. Aiken
President
On filings since 2020
1 hr/week
No compensation reported
Randy Reynolds
Director
On filings since 2020
1 hr/week
No compensation reported
Richard Duncan
Director
On filings since 2020
1 hr/week
No compensation reported
Ronald Murray
Director
On filings since 2020
1 hr/week
No compensation reported
Laura M. Aiken
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Zernickow-Aiken Foundation Inc
How much does Zernickow-Aiken Foundation Inc give each year?
Zernickow-Aiken Foundation Inc gave $2K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $21K across 1 grant.
How large is Zernickow-Aiken Foundation Inc?
Zernickow-Aiken Foundation Inc reported $742K in total assets on its 2024 IRS Form 990-PF. It paid out $44K in qualifying distributions that year, against a required minimum of $35K (roughly 5% of its investment assets).
Where does Zernickow-Aiken Foundation Inc operate?
Zernickow-Aiken Foundation Inc has awarded grants in Illinois, Tennessee, Washington.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Zernickow-Aiken Foundation Inc by hand.
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