The Georgia State Capitol

Form 990-PFTax year 2024EIN 58-6033308

Braswell Fund

A private foundation in Madison, GA. Its return for tax year 2024 lists 8 grants and $20,700 paid in grants.

Tax year 2024 (period ending Jun 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Charles Merritt
259 N Second Ave Probate Ct
Madison, GA 30650
(706) 343-6500
Form and materials
See Exhibit "A" pages 1-9
Deadlines
March 15
Restrictions
See Exhibit "A" page 1

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $20,700

    Grants listed
    8
    Assets, end of year
    $487,922
  • Tax year 2023

    $19,800

    Grants listed
    6
    Assets, end of year
    $474,665
  • Tax year 2022

    $18,000

    Grants listed
    12
    Assets, end of year
    $368,568
  • Tax year 2021

    $34,200

    Grants listed
    10
    Assets, end of year
    $335,115
  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $417,164
  • Tax year 2019

    $0

    Grants listed
    0
    Assets, end of year
    $331,661
  • Tax year 2018

    $15,900

    Grants listed
    12
    Assets, end of year
    $330,936

Grants paid in 2024

8 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Georgia Military CollegeMilledgeville, GA

    Refund of scholarship

    $4,600
  2. University of North GeorgiaDahlonega, GA

    Scholarship

    $2,300
  3. Georgia College State UniversityMilledgeville, GA

    Scholarship

    $2,300
  4. University of GeorgiaAthens, GA

    Scholarship

    $2,300
  5. Individual

    Scholarship

    $2,300
  6. Georgia Southern UniversityStatesboro, GA

    Scholarship

    $2,300
  7. Western Carolina UniversityCullowhee, NC

    Scholarship

    $2,300
  8. Georgia Gwinnett CollegeLawrenceville, GA

    Scholarship

    $2,300

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education2 grants $6,90075% of the total
  2. Science and technology1 grant $2,30025% of the total

By State

Grants to organizations with a US address, latest year.

  1. Georgia6 grants $16,100
  2. North Carolina1 grant $2,300

Officers, directors and trustees

1 person as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Charles MerrittCustodian Hours 2Pay $3,000

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Rochfort Foundation IncMadison, GA 24 grants Preselected only $77,250 giving
  2. Carpenter-Weems Foundation IncConcord, GA 1 grant Preselected only $20,500 giving
  3. Andrew and Angela Moore FoundationAtlanta, GA 2 grants Preselected only $21,000 giving
  4. Juanita Burns Memorial FoundationBraselton, GA 2 grants Not stated $20,000 giving
  5. Samuel P Sutton 31S046008Columbus, GA 9 grants Preselected only $19,999 giving