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Knoxville Tva Employees Credit Union Foundation is a private corporation based in KNOXVILLE, TN. The foundation received its IRS ruling in 2009. The principal officer is Lynn Summers. It holds total assets of $176K. Annual income is reported at $22K. Total assets have grown from $164K in 2011 to $269K in 2023. The foundation is governed by 9 officers and trustees. The foundation operates in the area of education. 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, Knoxville Tva Employees Credit Union Foundation has made 176 grants totaling $262K, with a median grant of $2K. Annual giving has grown from $10K in 2020 to $59K in 2023. Grantmaking activity was highest in 2022 with $130K distributed across 90 grants. Individual grants have ranged from $350 to $10K, with an average award of $1K. The foundation has supported 51 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.
Knoxville Tva Employees Credit Union Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 176 grants. Its grantmaking reaches organizations primarily in TN.
Knoxville Tva Employees Credit Union Foundation has distributed a total of $262K across 176 grants. The median grant size is $2K, with an average of $1K. Individual grants have ranged from $350 to $10K.
Knoxville Tva Employees Credit Union Foundation typically selects its grantees rather than accepting unsolicited proposals.
Knoxville Tva Employees Credit Union Foundation is headquartered in KNOXVILLE, TN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lytle Rather | BOARD MEMBER | $0 | $0 | N/A |
| James Ford | CHAIRPERSON | $0 | $0 | N/A |
| Cid Letsinger | BOARD MEMBER | $0 | $0 | N/A |
| Scott Bacon | VICE-CHAIRPERSON | $0 | $0 | N/A |
| Howard Rosser | BOARD MEMBER | $0 | $0 | N/A |
| Christina Feyr | SECRETARY | $0 | $0 | N/A |
| Andrea Brackett | BOARD MEMBER | $0 | $0 | N/A |
| Paul Ivie | BOARD MEMBER | $0 | $0 | N/A |
| Kristi Reynolds | TREASURER | $0 | $0 | N/A |
Total Giving
$63K
Total Assets
$269K
Fair Market Value
$269K
Net Worth
$269K
Grants Paid
$59K
Contributions
$16K
Net Investment Income
$6K
Distribution Amount
N/A
Total Revenue
$21K
990PF · 2023
Total Expenses
$63K
990PF · 2023
Total Assets
$269K
990PF · 2023
Net Assets
$269K
990PF · 2023
| Year | Form | Revenue | Expenses | Assets | |
|---|---|---|---|---|---|
| 2023 | 990PF | $21K | $63K | $269K | — |
| 2022 | 990PF | $13K | $70K | $310K | — |
| 2021 | 990PF | $12K | $67K | $367K | — |
| 2020 | 990PF | $13K | $13K | $422K | — |
| 2019 | 990PF | $90K | $67K | $421K | View |
Total Grants
176
Total Giving
$262K
Average Grant
$1K
Median Grant
$2K
Unique Recipients
51
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Powell High SchoolSIMPLY SMART GRANT | Powell, TN | $2K | 2023 |
| Carter High SchoolSIMPLY SMART GRANT | Strawberry Plains, TN | $1K | 2023 |
| Tennessee School For The DeafSIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| Eagleton College And CareerSIMPLY SMART GRANT | Maryville, TN | $2K | 2023 |
| Roane County High SchoolSIMPLY SMART GRANT | Kingston, TN | $2K | 2023 |
| Rockwood High SchoolSIMPLY SMART GRANT | Rockwood, TN | $2K | 2023 |
| Gatlinburg-Pittman High SchoolSIMPLY SMART GRANT | Gatlinburg, TN | $2K | 2023 |
| Oliver Springs High SchoolSIMPLY SMART GRANT | Oliver Springs, TN | $2K | 2023 |
| Pigeon Forge High SchoolSIMPLY SMART GRANT | Pigeon Forge, TN | $2K | 2023 |
| Dobyns Bennett High SchoolSIMPLY SMART GRANT | Kingsport, TN | $2K | 2023 |
| Sullivan East High SchoolSIMPLY SMART GRANT | Bluff City, TN | $2K | 2023 |
| Gary Hardin AcademySIMPLY SMART GRANT | Sevierville, TN | $2K | 2023 |
| Maryville High SchoolSIMPLY SMART GRANT | Maryville, TN | $2K | 2023 |
| Richard Yoakley SchoolSIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| William Blount High SchoolSIMPLY SMART GRANT | Maryville, TN | $2K | 2023 |
| Miller Boyd Alternative SchoolSIMPLY SMART GRANT | Morristown, TN | $2K | 2023 |
| Morristown East High SchoolSIMPLY SMART GRANT | Morristown, TN | $2K | 2023 |
| Jefferson County High SchoolSIMPLY SMART GRANT | Dandridge, TN | $2K | 2023 |
| Austin East Magnet SchoolSIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| Bearden High SchoolSIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| Central High SchoolSIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| Farragut High SchoolSIMPLY SMART GRANT | Farragut, TN | $2K | 2023 |
| Gibbs High SchoolSIMPLY SMART GRANT | Corryton, TN | $2K | 2023 |
| Halls High SchoolSIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| Hardin Valley AcademySIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| Karns High SchoolSIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| Paul L Kelly Volunteer AcademySIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| West High SchoolSIMPLY SMART GRANT | Knoxville, TN | $2K | 2023 |
| Sullivan West Ridge High SchoolSIMPLY SMART GRANT | Blountville, TN | $2K | 2023 |
| Lenoir City High SchoolSIMPLY SMART GRANT | Lenoir City, TN | $2K | 2023 |
| Harriman High SchoolSIMPLY SMART GRANT | Harriman, TN | $2K | 2023 |
| Midway High SchoolSIMPLY SMART GRANT | Kingston, TN | $2K | 2023 |
| Heritage High SchoolSIMPLY SMART GRANT | Maryville, TN | $1K | 2023 |
| Loudon High SchoolSIMPLY SMART GRANT | Loudon, TN | $1K | 2023 |
| Sevier County High SchoolSIMPLY SMART GRANT | Sevierville, TN | $1K | 2023 |
| South Doyle High SchoolSIMPLY SMART GRANT | Knoxville, TN | $1K | 2023 |
| Alcoa High SchoolSIMPLY SMART GRANT | Alcoa, TN | $1K | 2023 |
| Northview AcademySIMPLY SMART GRANT | Kodak, TN | $1K | 2023 |
| Fulton High SchoolSIMPLY SMART GRANT | Knoxville, TN | $1K | 2023 |
| Tennessee High SchoolSIMPLY SMART GRANT | Bristol, TN | $1K | 2023 |
| Career Magnet AcademySIMPLY SMART GRANT | Knoxville, TN | $1K | 2023 |
| Morristown West High SchoolSIMPLY SMART GRANT | Morristown, TN | $2K | 2022 |
| Samuel Everett SchoolSIMPLY SMART GRANT | Maryville, TN | $2K | 2022 |