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Gail Latimer Foundation is a private corporation based in UNION CITY, TN. The foundation received its IRS ruling in 1999. The principal officer is Gail M Latimer. It holds total assets of $54K. Annual income is reported at $105K. Total assets have decreased from $80K in 2011 to $63K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Gail Latimer Foundation has made 21 grants totaling $151K, with a median grant of $5K. Annual giving has decreased from $127K in 2022 to $24K in 2023. Individual grants have ranged from N/A to $24K, with an average award of $7K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Gail Latimer Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in TN.
Gail Latimer Foundation has distributed a total of $151K across 21 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from N/A to $24K.
Gail Latimer Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gail Latimer Foundation is headquartered in UNION CITY, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gail M Latimer | DIRECTOR PRESIDENT | $0 | $0 | N/A |
| William Bonner Latimer | DIRECTOR VICE PRESIDENT | $0 | $0 | N/A |
| John L Warner Jr | DIRECTOR SECRETARY | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$63K
Fair Market Value
$63K
Net Worth
$63K
Grants Paid
$24K
Contributions
$19K
Net Investment Income
$377
Distribution Amount
$3K
Total Grants
21
Total Giving
$151K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
10
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchBENEVOLENCE | Union City, TN | $16K | 2022 |
| Chimes For CharityBENEVOLENCE | Union City, TN | $24K | 2023 |
| United Way Of Obion County IncBENEVOLENCE | Union City, TN | $19K | 2022 |
| University Of TennesseeBENEVOLENCE | Knoxville, TN | $10K | 2022 |
| Hometown Walk Of HopeBENEVOLENCE | Union City, TN | $10K | 2022 |
| Cumberland Presbyterian ChurchBENEVOLENCE | Union City, TN | $5K | 2022 |
| Union City Rotary Scholarship FundBENEVOLENCE | Union City, TN | $1K | 2022 |
| Habitat For HumanityBENEVOLENCE | Union City, TN | $1K | 2022 |
| Westminister Presbyterian ChurchBENEVOLENCE | Knoxville, TN | $500 | 2022 |
| Obion County LibraryBENEVOLENCE | Union City, TN | N/A | 2022 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN