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Raines Coleman Foundation is a private corporation based in BRENTWOOD, TN. The foundation received its IRS ruling in 2017. The principal officer is Scott Coleman. It holds total assets of $10K. Annual income is reported at $18K. Total assets have decreased from $18K in 2019 to $10K in 2024. 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 2024. According to available records, Raines Coleman Foundation has made 7 grants totaling $103K, with a median grant of $23K. Annual giving has grown from $30K in 2020 to $41K in 2022. Individual grants have ranged from $8K to $32K, with an average award of $21K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Tennessee and Louisiana. 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.
Raines Coleman Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in TN, LA.
Raines Coleman Foundation has distributed a total of $103K across 7 grants. The median grant size is $23K, with an average of $21K. Individual grants have ranged from $8K to $32K.
Raines Coleman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Raines Coleman Foundation is headquartered in BRENTWOOD, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Scott Coleman | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$10K
Fair Market Value
N/A
Net Worth
$10K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$103K
Average Grant
$21K
Median Grant
$23K
Unique Recipients
4
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tulane UniversityEDUCATION FOR NEEDY INDIVIDUALS | New Orleans, LA | $23K | 2022 |
| Montgomery Bell AcademyEDUCATION FOR NEEDY INDIVIDUALS | Nashville, TN | $10K | 2022 |
| University Of TennesseeEDUCATION FOR NEEDY INDIVIDUALS | Knoxville, TN | $8K | 2022 |
| Montgomert Bell AcadEDUCATION FOR NEEDY INDIVIDUALS | Nashville, TN | $32K | 2021 |
| St Cecilia AcademyEDUCATION FOR NEEDY INDIVIDUALS | Nashville, TN | — | 2021 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN