Zernickow-Aiken Foundation Inc

Private foundation · Grantmaker Johnson City, TN EIN: 26-3016551

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

3states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Johnson CityRichlandRosemont

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

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

Central Baptist Church: $2KCentral Baptist Church$2K

The largest 2024 recipient was Central Baptist Church ($2K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Central Baptist Church Johnson City, TNTo Support the Quatemala Mission Trip$2,220

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
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

  1. 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.

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