Zuzus Petals
Zuzus Petals is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Memphis, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 8 grants totaling $71K. Net investment income was $148K.
Key facts about Zuzus Petals
- EIN
- 90-0630593
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $71,000
- Grants made (2024)
- 8
- Average grant
- $8,875
- Median grant
- $10,000
- Total assets
- $1,004,973
- Primary geography
- Tennessee (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Zuzus Petals funds
By grant dollars, the top recipient states for Zuzus Petals's 8 itemized 2024 grants were Tennessee (100%). The most frequent recipient cities were Memphis, TN (7 grants). 100% of grants with a stated purpose were for general or operating support.
How Zuzus Petals gives
- Giving grew 95% from 2021 to 2024. Method
- In 2024 it paid out 148% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Zuzus Petals
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+8.1% YoY
Annual Giving
$71K
+37.9% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$9K
+20.6% YoY
Under IRS private-foundation payout rules, Zuzus Petals reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About Zuzus Petals
Based on IRS filings
Zuzus Petals is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Memphis, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 8 grants totaling $71K. Net investment income was $148K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,004,973 | $929,444 | $889,130 |
| Revenue | $147,872 | $93,710 | $97,990 |
| Expenses | $72,894 | $53,448 | $52,470 |
| Qualifying Distributions | $72,894 | $53,448 | $52,470 |
| Net Investment Income | $147,872 | $93,710 | $97,980 |
| Distributable Amount | $49,124 | $45,267 | $44,098 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Memphis Opportunity Scholarship Tr ($20,000), KK Alummni Associaton ($10,000), Chickasaw Council Bsa ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MEMPHIS OPPORTUNITY SCHOLARSHIP TR Memphis, TN | GENERAL OPERATIONS | $20,000 |
| KK ALUMMNI ASSOCIATON Memphis, TN | GENERAL OPERATIONS | $10,000 |
| CHICKASAW COUNCIL BSA Memphis, TN | GENERAL OPERATIONS | $10,000 |
| MEMPHIS CHILD ADVOCACY CENTER Memphis, TN | GENERAL OPERATIONS | $10,000 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL Memphis, TN | GENERAL OPERATIONS | $10,000 |
| MEMPHIS SYMPHONY ORCHESTRA Memphis, TN | GENERAL OPERATIONS | $5,000 |
| BINGHAMPTON CHRISTIAN ACADEMY Memphis, TN | GENERAL OPERATIONS | $5,000 |
| FARMINGTON ELEMENTARY PTO Germantown, TN | GENERAL OPERATIONS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas Nesvick | Managing Member | 1 | — |
| Susan Nesvick | Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Zuzus Petals?
Zuzus Petals is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Memphis, TN. It holds $1.0M in total assets as of 2024.
How large is Zuzus Petals?
As of 2024, Zuzus Petals holds $1.0M in total assets with $148K in annual revenue. It awarded 8 grants totaling $71K in 2024.
Where does Zuzus Petals operate?
Zuzus Petals has awarded grants in Illinois, Tennessee.
What size grants does Zuzus Petals award?
In 2024, Zuzus Petals awarded 8 grants totaling $71K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Zuzus Petals required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Zuzus Petals reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Zuzus Petals's EIN?
Zuzus Petals's EIN (Employer Identification Number) is 90-0630593. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.