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Mountain Laurel Foundation is a private trust based in JOHNSON CITY, TN. The foundation received its IRS ruling in 2020. It holds total assets of $56K. Annual income is reported at $287K. Total assets have decreased from $80K in 2020 to $44K in 2023. The foundation is governed by 1 officer or trustee. To support environmental conservation, education assistance for low-income individuals, animal advocacy and welfare programs, and run a multicultural community center that focuses on east asian culture, philosophy, and art. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Mountain Laurel Foundation has made 4 grants totaling $9K, with a median grant of $3K. Annual giving has decreased from $2K in 2021 to $263 in 2023. Grantmaking activity was highest in 2022 with $7K distributed across 2 grants. Individual grants have ranged from $263 to $4K, with an average award of $2K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
To support environmental conservation, educational assistance for low-income individuals, animal advocacy and welfare programs, and run a multicultural community center that focuses on east asian culture, philosophy, and art.
Expenses: $485
To support environmental conservation, education assistance for low-income individuals, animal advocacy and welfare programs, and run a multicultural community center that focuses on east asian culture, philosophy, and art. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TN.
Mountain Laurel Foundation has distributed a total of $9K across 4 grants. The median grant size is $3K, with an average of $2K. Individual grants have ranged from $263 to $4K.
Mountain Laurel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mountain Laurel Foundation is headquartered in JOHNSON CITY, TN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jesse Shelton | Chairman/Founder | $0 | $0 | N/A |
Total Giving
$172K
Total Assets
$44K
Fair Market Value
$44K
Net Worth
$33K
Grants Paid
$263
Contributions
$94K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$9K
Average Grant
$2K
Median Grant
$3K
Unique Recipients
3
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Operation Johnson KittySpray and Neuter Animals | Johnson City, TN | $263 | 2023 |
| Seed Keepers Forest SchoolScholarships | Jonesborough, TN | $4K | 2022 |
| Amber WatsonAssist Low Income Need | Bristol, TN | $2K | 2021 |