Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Sixteen Foundation is a private trust based in MURFREESBORO, TN. The foundation received its IRS ruling in 2009. It holds total assets of $12.3M. Annual income is reported at $6.1M. Total assets have grown from $2.1M in 2011 to $11.8M in 2023. The foundation is governed by 2 officers and trustees. 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 2016 to 2023. Grantmaking is concentrated in Tennessee. According to available records, Sixteen Foundation has made 49 grants totaling $1.8M, with a median grant of $10K. Annual giving has grown from $250K in 2020 to $1.3M in 2022. Individual grants have ranged from $100 to $376K, with an average award of $36K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Tennessee, New York, Oregon, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$21K
Largest Grant
$129K
Based on 13 grants from the most recent 990-PF filing.
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.
Sixteen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 49 grants. Its grantmaking reaches organizations primarily in TN, NY, OR.
Sixteen Foundation has distributed a total of $1.8M across 49 grants. The median grant size is $10K, with an average of $36K. Individual grants have ranged from $100 to $376K.
Sixteen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sixteen Foundation is headquartered in MURFREESBORO, TN. While based in TN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W Andrew Adams | TRUSTEE | $0 | $0 | N/A |
| Dorothy B Adams | TRUSTEE | $0 | $0 | N/A |
Total Giving
$689K
Total Assets
$11.8M
Fair Market Value
$13.4M
Net Worth
$11.7M
Grants Paid
$678K
Contributions
N/A
Net Investment Income
$419K
Distribution Amount
$625K
Total: $2.4M
Total Grants
49
Total Giving
$1.8M
Average Grant
$36K
Median Grant
$10K
Unique Recipients
20
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Middle Tennessee Christian SchoolUNRESTRICTED GIFT | Murfreesboro, TN | $376K | 2022 |
| Camp ShilohUNRESTRICTED GIFT | New York, NY | $100K | 2022 |
| North Boulevard Church Of ChristUNRESTRICTED GIFT | Murfreesboro, TN | $64K | 2022 |
| Murfreesboro SymphonyUNRESTRICTED GIFT | Murfreesboro, TN | $25K | 2022 |
| Standing Stone State ParkUNRESTRICTED GIFT | Hillham, TN | $25K | 2022 |
| St Thomas Rutherford HospitalUNRESTRICTED GIFT | Murfreesboro, TN | $11K | 2022 |
| Eugene Church Of ChristUNRESTRICTED GIFT | Eugene, OR | $10K | 2022 |
| Barnabas VisionUNRESTRICTED GIFT | Murfreesboro, TN | $10K | 2022 |
| Boys & Girls Clubs Of RutherfordUNRESTRICTED GIFT | Murfreesboro, TN | $4K | 2022 |
| Journeys In Community LivingUNRESTRICTED GIFT | Murfreesboro, TN | $2K | 2022 |
| Rutherford County LibraryUNRESTRICTED GIFT | Murfreesboro, TN | $1K | 2022 |
| Doors Of HopeUNRESTRICTED GIFT | Murfreesboro, TN | $500 | 2022 |
| Charity Circle Of MurfreesboroUNRESTRICTED GIFT | Murfreesboro, TN | $500 | 2022 |
| Murfreesboro Discovery CenterUNRESTRICTED GIFT | Murfreesboro, TN | $1K | 2021 |
| Child Advocacy Center Of RutherfordUNRESTRICTED GIFT | Murfreesboro, TN | $1K | 2021 |
| Special Kids Therapy & NursingUNRESTRICTED GIFT | Murfreesboro, TN | $500 | 2021 |
| Giving MattersUNRESTRICTED GIFT | Nashville, TN | $105 | 2021 |
| Greenhouse MinistriesUNRESTRICTED GIFT | Murfreesboro, TN | $25K | 2020 |
| Timothy NetworkUNRESTRICTED GIFT | Murfreesboro, TN | $500 | 2020 |
| Carillon Beach ChapelUNRESTRICTED GIFT | Carillon Beach, FL | $250 | 2020 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN