Funder DirectoryGOSPEL MUSIC TRUST FUND
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Private foundation (trust)EIN 581647495Est. 1986-01

GOSPEL MUSIC TRUST FUND

BRENTWOOD, TN 37024

Total Assets

$3.1M

FY 2023

Annual Giving

$91K

FY 2023

Grants Made

6

FY 2023

Avg Grant

$15K

FY 2023

Grant Range

$2K–$40K

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$108K

Total Expenses

$121K

Qualifying Distributions

$91K

Distributable Amount

$146K

Min. Investment Return

$147K

Undistributed Income

$3K

Payout rate 62%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.62%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

6 grants

Grant sizes from minimum $2K through median $4K to maximum $40K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $144K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

26 grants

MUSIC HEALTH ALLIANCE
$175K
4 grants
PORTER'S CALL
$155K
4 grants
COVID RELIEF - GOSPEL MUSIC
$30K
1 grant
SHIRLEY ENOCH
$15K
1 grant
VARIOUS OTHER INDIVIDUAL DONATIONS
$12K
1 grant
RUSS TAFF
$10K
1 grant
REBA RAMBO
$10K
1 grant
LAYKE JONES
$8K
1 grant

Grant Size Distribution

26 grants

<$10K
15
grants
$10–50K
10
grants
$50–250K
1
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

5 states

Tennessee
$437K
96% of total
Indiana
$8K
2% of total
Georgia
$6K
1% of total
Alabama
$2K
0% of total
California
$2K
0% of total

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GOSPEL MUSIC TRUST FUND — Grants, Financials & Contact | Grantivo