The Tennessee State Capitol

Form 990-PFTax year 2024EIN 62-1842982

The Sheperds Foundation

A private foundation in Franklin, TN. Its return for tax year 2024 lists 5 grants and $3.9 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), 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

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

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

    $3,865,347

    Grants listed
    5
    Assets, end of year
    $23,292,852
  • Tax year 2023

    $120,000

    Grants listed
    4
    Assets, end of year
    $27,100,324
  • Tax year 2022

    $0

    Grants listed
    0
    Assets, end of year
    $26,165,384
  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $22,977,734
  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $19,009,970

Grants paid in 2024

5 grants, largest first

As listed on the return.

  1. The Mike and Teresa FoundationFranklin, TN

    Charitable

    $3,105,347
  2. Diocese of NashvilleNashville, TN

    Legacy campaign

    $710,000
  3. Fourteenth Avenue BaptistNashville, TN

    Operating fund

    $20,000
  4. Hunter GarstinNashville, TN

    Medical costs

    $20,000
  5. FadicaWashington, DC

    Operating fund

    $10,000

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. Tennessee4 grants $3,855,347
  2. District of Columbia1 grant $10,000

Officers, directors and trustees

3 people as filed

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

  • Michael J Nacarato JrPRESIDENT Hours 1Pay $0
  • Teresa A NacaratoSECRETARY Hours 2Pay $0
  • Michael J Nacarato IVDIRECTOR Hours 0.25Pay $0

The return

More foundations

Other foundations in Tennessee

  1. The N & P FoundationNashville, TN 4 grants Preselected only $3,879,923 giving
  2. Housing Affordability TrustNashville, TN 30 grants Accepts applications $3,825,559 giving
  3. Tractor Supply Company FoundationBrentwood, TN 3,375 grants Accepts applications $3,810,350 giving
  4. Milton and Denice Johnson Family FoundationNashville, TN 54 grants Preselected only $3,930,500 giving
  5. Elizabeth Turner Campbell FoundationFranklin, TN 9 grants Preselected only $3,801,120 giving