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Nonprofit · EIN 62-0807696

EAST TENNESSEE FOUNDATION

Tax-exempt · KNOXVILLE, TN 37919

Financials

$19.8M$25.6M2023$27.7M$19.1M2024
Revenue Expenses · by fiscal year end
Financials of EAST TENNESSEE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$27,657,283$19,148,820$8,508,463$282,537,401$3,600,256$278,937,145
December 31, 2023990$19,791,090$25,626,645-$5,835,555$255,707,303$3,672,281$252,035,022
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,085,772
of which government grants
$511,275
Program service revenue
$0
Investment income
$13,383,539
Royalties
$13,527
Net gain from sales of assets
$6,549,971
Net income from fundraising events
-$53,721
Other revenue
$187,972

Expenses

Grants and similar amounts paid
$16,140,007
Compensation of officers, directors and key employees
$637,404
Other salaries and wages
$1,025,546
Salaries, compensation and benefits (total)
$1,971,191
Professional fundraising fees
$0
Legal fees
$23,331
Accounting fees
$70,439
Occupancy
$297,312
Travel
$22,546
Depreciation
$9,955
Program services (functional)
$17,400,960
Management and general (functional)
$994,377
Fundraising (functional)
$753,483

Balance sheet and other

Total assets, start of year
$255,707,303
Total assets, end of year
$282,537,401
Total liabilities, end of year
$3,600,256
Net assets, end of year
$278,937,145
Land, buildings and equipment
$59,891
Net assets without donor restrictions
$278,413,980
Net assets with donor restrictions
$523,165
Gross unrelated business income
$160,316
Gross receipts
$30,571,543
Employees
25
Volunteers
534
Year formed
1986
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANGELIA NYSTROMVP/CHIEF LEG
Officer
35$159,863$6,052
KATHARINE KILLENVP & COO
Officer
35$152,391$12,563
KEITH BARBERPRESIDENT +
Officer
35$158,887$5,485
MELISSA A TSCHANZCFO
Officer
35$116,160$14,733
SAM ALBRITTONTREASURER
Trustee or director, Officer
1$0$0
PATSY CARSONDIRECTOR
Trustee or director
1$0$0
AMY CATHEYDIRECTOR
Trustee or director
0.2$0$0
KAY CLAYTONDIRECTOR
Trustee or director
0.2$0$0
RICHARD DAPAAHDIRECTOR
Trustee or director
1$0$0
STEVE M DARDENDIRECTOR
Trustee or director
0.2$0$0
DENISE J DEANDIRECTOR
Trustee or director
1$0$0
HARRY GROSSDIRECTOR
Trustee or director
0.2$0$0
R BRUCE HARTMANNCHAIR
Trustee or director, Officer
1$0$0
NATALIE L HASLAMLIFETIME HON
Trustee or director
–$0$0
SUSANNA HOSKINSDIRECTOR
Trustee or director
0.2$0$0
17 more people on this return
NameTitleHours / weekCompensation
ROCIO A HUETDIRECTOR
Trustee or director
0.2$0
ADRIAN JAYDIRECTOR
Trustee or director
0.2$0
TRUDY HUGHESDIRECTOR
Trustee or director
0.2$0
DIONDRE JACKSONDIRECTOR
Trustee or director
0.2$0
A DAVID MARTINLIFETIME HON
Trustee or director
0.2$0
DROCELLA MUGOREWERADIRECTOR
Trustee or director
0.2$0
DONDE PLOWMANDIRECTOR
Trustee or director
–$0
RICHARD H ROBERTSDIRECTOR
Trustee or director
0.2$0
STEPHEN ROSENDIRECTOR
Trustee or director
0.2$0
MATT SCHAEFERDIRECTOR
Trustee or director
0.2$0
NATHANIEL SHELSODIRECTOR
Trustee or director
1$0
BARRETT SIMONISDIRECTOR
Trustee or director
0.2$0
KIRAN SINGH SIRAHDIRECTOR
Trustee or director
0.2$0
KAREN WALKERVICE CHAIR
Trustee or director, Officer
1$0
DAVID V WHITELIFETIME HON
Trustee or director
–$0
STUART WORDENLIFETIME HON
Trustee or director
–$0
KRISTOPHER P YARLETTDIRECTOR
Trustee or director
0.2$0
990 for the year ended December 31, 2023: 32 people
NameTitleHours / weekCompensationOther / benefits
JEANETTE KELLEHEREXECUTIVE VP
Officer
35$145,245$9,894
KEITH BARBERPRESIDENT +
Officer
35$148,035$1,225
MELISSA A TSCHANZCFO
Officer
35$114,403$15,602
SAM ALBRITTONTREASURER
Trustee or director, Officer
1$0$0
PATSY CARSONDIRECTOR
Trustee or director
1$0$0
KAY CLAYTONDIRECTOR
Trustee or director
0.2$0$0
RICHARD DAPAAHDIRECTOR
Trustee or director
1$0$0
STEVE M DARDENDIRECTOR
Trustee or director
0.2$0$0
DENISE J DEANDIRECTOR
Trustee or director
1$0$0
RICK T FOXDIRECTOR
Trustee or director
1$0$0
HARRY GROSSDIRECTOR
Trustee or director
0.2$0$0
SHARON Y HANNUMDIRECTOR
Trustee or director
1$0$0
R BRUCE HARTMANNCHAIR
Trustee or director, Officer
1$0$0
NATALIE L HASLAMLIFETIME HON
Trustee or director
–$0$0
LOGAN HICKMANDIRECTOR
Trustee or director
1$0$0
SUSANNA HOSKINSDIRECTOR
Trustee or director
0.2$0$0
ROCIO A HUETDIRECTOR
Trustee or director
0.2$0$0
DIONDRE JACKSONDIRECTOR
Trustee or director
0.2$0$0
BENJAMIN LEWISDIRECTOR
Trustee or director
0.2$0$0
A DAVID MARTINLIFETIME HON
Trustee or director
0.2$0$0
DROCELLA MUGOREWERADIRECTOR
Trustee or director
0.2$0$0
GENE PATTERSONDIRECTOR
Trustee or director
0.2$0$0
CHARLES M PECCOLODIRECTOR
Trustee or director
0.2$0$0
DONDE PLOWMANDIRECTOR
Trustee or director
0.2$0$0
RICHARD H ROBERTSDIRECTOR
Trustee or director
0.2$0$0
STEPHEN ROSENDIRECTOR
Trustee or director
0.2$0$0
NATHANIEL SHELSODIRECTOR
Trustee or director
1$0$0
KIRAN SINGH SIRAHDIRECTOR
Trustee or director
0.2$0$0
KAREN WALKERVICE CHAIR
Trustee or director, Officer
1$0$0
DAVID V WHITELIFETIME HON
Trustee or director
–$0$0
STUART WORDENLIFETIME HON
Trustee or director
–$0$0
KRISTOPHER P YARLETTDIRECTOR
Trustee or director
0.2$0$0

Address and contacts

Address (IRS master file)
525 PORTLAND STREET, KNOXVILLE, TN 37919-2314
Principal officer (990 for 2024)
KEITH BARBER, 520 W SUMMIT HILL DR SUITE 1101, KNOXVILLE, TN 37902
Signed the 990
KEITH BARBER, PRESIDENT + CEO
Phone
(865) 524-1223
Return prepared by
BROWN JAKE & MCDANIEL PC

Mission

IN 2024, THE FOUNDATION HELD NUMEROUS CHARITABLE FUNDS AND GRANTED 16,140,007 FOR A WIDE VARIETY OF CHARITABLE PURPOSES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED ASSISTANCE IN THE FORM OF 863 GRANTS FROM DONOR ADVISED FUNDS TO 458 501(C)(3) ORGANIZATIONS, GOVERNMENT ENTITIES AND CHURCHES TO SUPPORT A WIDE RANGE OF CHARITABLE PURPOSES, BOTH LOCALLY WITHIN THE 25 COUNTY SERVICE AREA AND ALSO OUTSIDE THE REGION.
    Expenses $7,960,240 · grants $7,960,240
  • PROVIDED GENERAL SUPPORT TO 112 501(C)(3) ORGANIZATIONS, GOVERNMENT ENTITIES AND CHURCHES IN THE FORM OF 152 GRANTS FROM DESIGNATED ORGANIZATION AND AGENCY ENDOWMENT FUNDS.
    Expenses $3,717,158 · grants $3,717,158
  • CONDUCTED COMPETITIVE GRANTMAKING PROGRAMS IN THE FIELD-OF-INTEREST AREAS OF AFFORDABLE HOUSING, YOUTH-AT-RISK, RACIAL JUSTICE, WOMEN AND CHILDREN, HEALTH, PROVIDING 125 GRANTS TO 105 501(C)(3) ORGANIZATIONS FOR WORTHWHILE PROJECTS IN THE 25 COUNTY SERVICE AREA.
    Expenses $1,930,519 · grants $1,930,519
  • 4D-1) EXPENSES OF 1,399,853, INCLUDING GRANTS OF 138,900 - MADE 27 DISCRETIONARY GRANTS FROM FUNDS AND PAID PROGRAM-RELATED EXPENSES ASSOCIATED WITH THE MANAGEMENT OF CHARITABLE FUNDS AND THE ALLOCATION OF GRANT FUNDS TO BENEFIT THE 25 COUNTY REGION. 4D-2) EXPENSES OF 954,040, INCLUDING GRANTS OF 954,040 - CONDUCTED LOCALIZED, COMPETITIVE GRANTMAKING PROGRAMS THROUGH THE FOUNDATION'S AFFILIATE AND COUNTY-SPECIFIC FUNDS, ALLOWING LOCAL ADVISORY BOARDS TO SELECT WORTHY PROJECTS AND PROGRAMS AT THE LOCAL LEVEL; 93 GRANTS WERE AWARDED TO 79 ORGANIZATIONS FOR A WIDE VARIETY OF CHARITABLE PURPOSES. 4D-3) EXPENSES OF 927,897, INCLUDING GRANTS OF 927,897 - CONDUCTED 73 COMPETITIVE SCHOLARSHIP PROGRAMS TO ENABLE STUDENTS THROUGHOUT THE REGION TO OBTAIN A POST-SECONDARY EDUCATION; 206 STUDENTS RECEIVED SCHOLARSHIPS AND ATTENDED 54 INSTITUTIONS OF HIGHER LEARNING IN TENNESSEE AND THROUGHOUT THE NATION. 4D-4) EXPENSES OF 511,253, INCLUDING GRANTS OF 511,253 - FUNDED 1 GRANT FROM THE PAT SUMMITT FOUNDATION FUND TO THE PAT SUMMITT CLINIC, A STATE- OF-THE ART FACILITY AT UTMC FOR THE TREATMENT OF ALZHEIMER'S AND OTHER NEUROLOGICAL DISEASES, 18 GRANTS IN SUPPORT OF CAREGIVER TRAININGS, ADULT DAY PROGRAMS, AND OTHER ALZHEIMER'S AND DEMENTIAS-RELATED PURPOSES.
    Expenses $3,793,043 · grants $2,532,090

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-0807696
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1963
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$282,537,401
Income (IRS master file)
$30,571,543

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$27,657,283$19,148,820$282,537,401XML
990-TDecember 2024–––IRS
990December 2023$19,791,090$25,626,645$255,707,303XML
990-TDecember 2023–––IRS
990December 2022$25,934,976$23,046,762$239,276,526IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-0807696).

Questions about EAST TENNESSEE FOUNDATION

What is the EIN of EAST TENNESSEE FOUNDATION?
The employer identification number (EIN) of EAST TENNESSEE FOUNDATION is 62-0807696.
Is EAST TENNESSEE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
Are donations to EAST TENNESSEE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EAST TENNESSEE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EAST TENNESSEE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EAST TENNESSEE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EAST TENNESSEE FOUNDATION?
The 990 for the year ended December 31, 2024 names KEITH BARBER.
Who are the officers and directors of EAST TENNESSEE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 32 people; 4 received compensation from the organization, the highest $159,863 (ANGELIA NYSTROM, VP/CHIEF LEG).
How much revenue does EAST TENNESSEE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $27,657,283, expenses of $19,148,820 and total assets of $282,537,401 at year end.

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