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Jesse Gambill Family Charitable Trust is a private trust based in KNOXVILLE, TN. The foundation received its IRS ruling in 2001. The principal officer is Sharon Potter. It holds total assets of $2.9M. Annual income is reported at $703K. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. According to available records, Jesse Gambill Family Charitable Trust has made 9 grants totaling $975K, with a median grant of $54K. Annual giving has grown from $67K in 2019 to $607K in 2023. Individual grants have ranged from $19K to $554K, with an average award of $108K. The foundation has supported 3 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.
Jesse Gambill Family Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in TN.
Jesse Gambill Family Charitable Trust has distributed a total of $975K across 9 grants. The median grant size is $54K, with an average of $108K. Individual grants have ranged from $19K to $554K.
Jesse Gambill Family Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Jesse Gambill Family Charitable Trust is headquartered in KNOXVILLE, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank | TRUSTEE | $44K | $0 | $44K |
Total Giving
$534K
Total Assets
$2.9M
Fair Market Value
$3.2M
Net Worth
$2.9M
Grants Paid
$223K
Contributions
N/A
Net Investment Income
$85K
Distribution Amount
$186K
Total: $2.3M
Total Grants
9
Total Giving
$975K
Average Grant
$108K
Median Grant
$54K
Unique Recipients
3
Most Common Grant
$54K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bachman FoundationTO FURTHER EXEMPT PURPOSE OF CHARITY | Cleveland, TN | $554K | 2023 |
| Tennessee Baptist Childrens Home Attn Beth ErvinTO FURTHER EXEMPT PURPOSE OF CHARITY | Brentwood, TN | $53K | 2023 |
| Bachman Memorial Home Inc Attn Mark A FrizzellTO FURTHER EXEMPT PURPOSE OF CHARITY | Mcdonald, TN | $19K | 2019 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN