Forrest Preston

Forrest Preston (born 1933) is a U.S. healthcare billionaire based in Tennessee, with an estimated net worth of ~$1.8B. Federal Election Commission records show 77 political contributions totaling $181,474.50 from 1986-04-25 to 2025-12-09. ProPublica-reported IRS Form 990 filings show three foundations associated with the Preston name reporting combined assets of $7,508,240 and total grants paid of $279,582 in tax year 2023. RTB FEC ProPublica 990

Philanthropy

Three foundations reported on IRS Form 990 filings for tax year 2023 show combined assets of $7,508,240 and total grants paid of $279,582. The Preston Castle Foundation (EIN 680391302) reported $3,829,137 in assets and $7,634 in grants paid; the Smithfield Preston Foundation (EIN 541785583) reported $3,312,598 in assets and $84,380 in grants paid; and the Preston Education Foundation (EIN 841416850) reported $366,505 in assets and $187,568 in grants paid. Across these filings, total revenue was $851,239 and total expenses were $1,183,133. ProPublica 990

Political Activity

FEC records show 77 contributions totaling $181,474.50 between 1986-04-25 and 2025-12-09, with $159,250 to Republican recipients, $5,000 to Democratic recipients, and $17,224.50 categorized as unknown. The largest reported recipients were the National Republican Congressional Committee ($79,000), Friends of Zach Wamp ($14,600), Romney for President Inc. ($7,500), Bob Corker for Senate 2012 ($7,500), and the RNC Republican National State Elections Committee ($7,500). The pattern in the party breakdown shows most disclosed giving went to Republican recipients. FEC