Cigarran Family Foundation
- Assets
- $926.5k
- Revenue
- $130.4k
- Investments
- $588.2k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 09/2007
- Data as of
- 12/2023
- EIN
- 20-5348055
Organization Overview
Cigarran Family Foundation is located in Nashville, TN. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Cigarran Family 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, Cigarran Family Foundation generated $130.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 63.9% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cigarran Family Foundation has awarded 63 individual grants totaling $5,970,073. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas G Cigarran President | 0 | $0 | |
Constance T Cigarran Secretary | 0 | $0 | |
Christopher T Cigarran Director | 0 | $0 | |
Lindsey C Axel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,350 |
| Interest on Savings | $33,212 |
| Dividends & Interest | $38,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,812 |
| Capital Gain Net Income | $53,812 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $130,419 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,528 |
| Contributions, gifts, grants paid | $1,302,336 |
| Total expenses and disbursements | $1,317,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,736 |
| Savings and temporary cash investments | $294,577 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $926,478 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Cigarran Family Foundation has awarded $1,302,336 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FAIRWINDS CENTER PURPOSE: CHARITABLE | $1,000 |
CHEEKWOOD PURPOSE: CHARITABLE | $3,000 |
HARPETH HALL PURPOSE: CHARITABLE | $17,500 |
NANTUCKET CONSERVATION FOUNDATION PURPOSE: CHARITABLE | $1,000 |
NANTUCKET HISTORICAL ASSN PURPOSE: CHARITABLE | $9,040 |
SOCIETY OF THE FINE ARTS PURPOSE: CHARITABLE | $10,000 |