Summers Foundation

Organization Overview

Summers Foundation is located in Brentwood, TN. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summers Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Summers Foundation generated $98.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $97.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Summers Foundation has awarded 105 individual grants totaling $489,857. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Board, Officers & Key Employees

Name (title)Compensation
Thomas C Summers Jr
Trustee
$0
William H Summers
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $47,000
Interest on Savings $2,739
Dividends & Interest $51,489
Net Rental Income$0
Net Gain on Sale of Assets -$3,199
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $98,029

Grants Awarded

Over the last fiscal year, Summers Foundation has awarded $91,100 in support to 29 organizations.

Grant RecipientAmount

ALLIANCE DEFENSE FUND

PURPOSE: CONTRIBUTION

$750

BELMONT UNIVERSITY

PURPOSE: CONTRIBUTION

$500

BACKFIELD IN MOTION

PURPOSE: CONTRIBUTION

$2,000

BRENTWOOD BAPTIST CHURCH WHS

PURPOSE: CONTRIBUTION

$7,000

BRIGHTSTONE TCS

PURPOSE: CONTRIBUTION

$21,000

EAST WEST MINISTRIES

PURPOSE: CONTRIBUTION

$1,200
View Grant Profile

Peer Organizations

Organization NameAssets
Fischer Fam Foundation 2008 Charita Ble Tr
Fort Mitchell, KY
$84,603,295
Joe C Davis Foundation
Nashville, TN
$10,381,384
Carson-Myre Charitable Foundation
Paducah, KY
$4,075,748
R B Terry Charitable Foundation Inc
High Point, NC
$8,417,528
Steward Family Foundation
St Louis, MO
$9,619,434
Benwood Foundation Inc
Chattanooga, TN
$6,715,777
Tyson Foundation Inc
Fayetteville, AR
$2,449,507
The Imlay Foundation Inc
Atlanta, GA
$10,684,564
Jefferson Foundation
Festus, MO
$3,247,827
Winthrop Rockefeller Foundation
Little Rock, AR
$4,343,654
Robins Foundation
Richmond, VA
$8,775,608
Altec-Styslinger Foundation Inc
Birmingham, AL
$13,581,203
Anheuser-Busch Foundation
Clayton, MO
$7,550,380
Daniel Foundation Of Alabama
Birmingham, AL
$3,403,391
Day Foundation
Memphis, TN
$8,500,406
Williamsburg Community Health Foundation Inc
Williamsburg, VA
$19,657,852
Chestnut Family Foundation
Atlanta, GA
-$15,341,006
Robert G Iii And Maude Morgan Cabell Foundation
Richmond, VA
$18,313,139
G Harbaugh Foundation
Franklin, TN
$9,941,799
BBVA Foundation
Birmingham, AL
$7,925,433
Charles A Frueauff Foundation Inc
Little Rock, AR
$3,479,230
Nucor Charitable Foundation
Charlotte, NC
$25,339,824
Philip L Graham Fund
Arlington, VA
$3,353,085
Ayers Foundation
Parsons, TN
$8,450,649
Laughing Gull Foundation
Durham, NC
$3,132,291

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