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Elgin Foundation is a private corporation based in KNOXVILLE, TN. The foundation received its IRS ruling in 2004. The principal officer is % B Ray Thompson Jr. It holds total assets of $30.9M. Annual income is reported at $4.9M. ELGIN FOUNDATION SEEKS TO SERVE THE YOUNGEST, POOREST, MOST VULNERABLE AND MOST RURALLY ISOLATED CHILDREN IN DESIGNATED COUNTIES IN EAST TENNESSEE, EASTERN KENTUCKY AND SOUTHWESTERN VIRGINIA BY FUNDING PROGRAMS FOCUSING ON ACADEMICS, DENTAL HEALTH, CHILD PROTECTION AND DISCIPLESHIP. According to available records, Elgin Foundation has made 4 grants totaling $8.9M, with a median grant of $2.2M. Annual giving has grown from $2.2M in 2020 to $4.5M in 2022. Individual grants have ranged from $2.2M to $2.2M, with an average award of $2.2M. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
ELGIN FOUNDATION SEEKS TO SERVE THE YOUNGEST, POOREST, MOST VULNERABLE AND MOST RURALLY ISOLATED CHILDREN IN DESIGNATED COUNTIES IN EAST TENNESSEE, EASTERN KENTUCKY AND SOUTHWESTERN VIRGINIA BY FUNDING PROGRAMS FOCUSING ON ACADEMICS, DENTAL HEALTH, CHILD PROTECTION AND DISCIPLESHIP.
Expenses: $2.2M
ELGIN FOUNDATION SEEKS TO SERVE THE YOUNGEST, POOREST, MOST VULNERABLE AND MOST RURALLY ISOLATED CHILDREN IN DESIGNATED COUNTIES IN EAST TENNESSEE, EASTERN KENTUCKY AND SOUTHWESTERN VIRGINIA BY FUNDING PROGRAMS FOCUSING ON ACADEMICS, DENTAL HEALTH, CHILD PROTECTION AND DISCIPLESHIP. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TN.
Elgin Foundation has distributed a total of $8.9M across 4 grants. The median grant size is $2.2M, with an average of $2.2M. Individual grants have ranged from $2.2M to $2.2M.
Elgin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Elgin Foundation is headquartered in KNOXVILLE, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rebekah Thompson Palmer | DIRECTOR | $0 | $0 | $0 |
| Adella Thompson | BOARD CHAIR | $0 | $0 | $0 |
| Catherine Vance Thompson | SECRETARY | $0 | $0 | $0 |
Total Giving
$2.2M
Total Assets
$29.9M
Fair Market Value
$43.2M
Net Worth
$29.9M
Grants Paid
$2.1M
Contributions
$0
Net Investment Income
$1.9M
Distribution Amount
$2M
Total: $29.9M
Total Grants
4
Total Giving
$8.9M
Average Grant
$2.2M
Median Grant
$2.2M
Unique Recipients
1
Most Common Grant
$2.2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elgin Children'S FoundationGRANT FOR FAITH BASED ORGANIZATION IN COUNTIES SERVED | Knoxville, TN | $2.2M | 2022 |
KNOXVILLE, TN
SIMPSONVILLE, SC
PHILADELPHIA, PA
YORK, ME
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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