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Lift Foundation Inc. is a private corporation based in KNOXVILLE, TN. The foundation received its IRS ruling in 2007. The principal officer is % Penny Sherwood. It holds total assets of $228K. Annual income is reported at $12K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lift Foundation Inc. has made 39 grants totaling $47K, with a median grant of $500. Annual giving has grown from $6K in 2020 to $21K in 2022. Individual grants have ranged from $50 to $12K, with an average award of $1K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Tennessee, North Carolina, Florida, which account for 87% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Lift Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in TN, NC, FL.
Lift Foundation Inc. has distributed a total of $47K across 39 grants. The median grant size is $500, with an average of $1K. Individual grants have ranged from $50 to $12K.
Lift Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Lift Foundation Inc. is headquartered in KNOXVILLE, TN. While based in TN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Penny Sherwood | PRESIDENT | $0 | $0 | $0 |
| Larry Sherwood | DIRECTOR | $0 | $0 | $0 |
| Stacey Hall | DIRECTOR | $0 | $0 | $0 |
| Steve Sherwood | DIRECTOR | $0 | $0 | $0 |
| Pam Sherwood | DIRECTOR | $0 | $0 | $0 |
| Jeff Hall |
Total Giving
$10K
Total Assets
$244K
Fair Market Value
$244K
Net Worth
$244K
Grants Paid
$5K
Contributions
$6K
Net Investment Income
$2K
Distribution Amount
$11K
Total: $226K
Total Grants
39
Total Giving
$47K
Average Grant
$1K
Median Grant
$500
Unique Recipients
27
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CruCONTRIBUTION TO GENERAL FUND | Orlando, FL | $2K | 2022 |
| Salvation ArmyCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $118 | 2022 |
| First Christian ChurchCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $100 | 2022 |
| Brother'S KeeperCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $1K | 2021 |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Edward JonesCONTRIBUTION TO DONOR ADVISED FUND | Johnson City, TN | $500 | 2020 |
| Athletes In ActionCONTRIBUTION TO GENERAL FUND | Xenia, OH | $100 | 2020 |
| Lift Foundation Donor Advised FundCONTRIBUTION TO DONOR ADVISED FUND | Knoxville, TN | $12K | 2022 |
| Samaritan'S PurseCONTRIBUTION TO GENERAL FUND | Boone, NC | $3K | 2022 |
| World VisionCONTRIBUTION TO GENERAL FUND | Federal Way, WA | $1K | 2022 |
| Fellowship Of Christian AthlethesCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $1K | 2022 |
| Jonathan Weems Addiction Recovery FundCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $1K | 2022 |
| Leadership InstituteCONTRIBUTION TO GENERAL FUND | Arlington, VA | $250 | 2022 |
| Families FreeCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $250 | 2022 |
| Niswonger Childrens HospitalCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $200 | 2022 |
| Summit Leadership FoundationCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $100 | 2022 |
| First Presbyterian Church - Johnson CityCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $100 | 2022 |
| Armed Forces MissionCONTRIBUTION TO GENERAL FUND | Peachtree, GA | $2K | 2021 |
| Bethel Christian ChurchCONTRIBUTION TO GENERAL FUND | Jonesborough, TN | $1K | 2021 |
| Alliance Defending FreedomCONTRIBUTION TO GENERAL FUND | Scottsdale, AZ | $1K | 2021 |
| Summit LeadershipCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $750 | 2021 |
| St Judes Childern'S HospitalCONTRIBUTION TO GENERAL FUND | Memphis, TN | $300 | 2021 |
| Head Start Of Washington CoCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $200 | 2021 |
| Coalition For KidsCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $100 | 2021 |
| Vanderbilt UniversityCONTRIBUTION TO GENERAL FUND | Nashville, TN | $100 | 2021 |
| Billy Graham Evangelistic AssociationCONTRIBUTION TO GENERAL FUND | Charlotte, NC | $100 | 2021 |
| Heritage Baptist ChurchCONTRIBUTION TO GENERAL FUND | Johnson City, TN | $500 | 2020 |
| Leukemia & Lymphoma SocietyCONTRIBUTION TO GENERAL FUND | Nashville, TN | $500 | 2020 |
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