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Tetrick Family Foundation is a private corporation based in ELIZABETHTON, TN. The foundation received its IRS ruling in 2020. The principal officer is Richard Tetrick. It holds total assets of $3.2M. Annual income is reported at $135K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Tennessee, Virginia and New Mexico. According to available records, Tetrick Family Foundation has made 7 grants totaling $250K, with a median grant of $5K. Annual giving has decreased from $160K in 2021 to $90K in 2022. Individual grants have ranged from $500 to $90K, with an average award of $36K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Tennessee and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$29K
Largest Grant
$191K
Based on 7 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.
Tetrick Family 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, VA.
Tetrick Family Foundation has distributed a total of $250K across 7 grants. The median grant size is $5K, with an average of $36K. Individual grants have ranged from $500 to $90K.
The application deadline is NOT APPLICABLE. The organization makes gifts only to 501(c)(3) charities.
Tetrick Family Foundation is headquartered in ELIZABETHTON, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tyler Tetrick | DIRECTOR | $0 | $0 | N/A |
| Norma Tetrick | DIRECTOR | $0 | $0 | N/A |
| Richard Tetrick | DIRECTOR | $0 | $0 | N/A |
Total Giving
$120K
Total Assets
$2.7M
Fair Market Value
$2.7M
Net Worth
$2.7M
Grants Paid
$116K
Contributions
N/A
Net Investment Income
$133K
Distribution Amount
$132K
Total: $2.7M
Total Grants
7
Total Giving
$250K
Average Grant
$36K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchTO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | Johnson City, TN | $90K | 2022 |
| Barter TheatreTO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | Abingdon, VA | $60K | 2021 |
| Bonnie Kate Thatre Restoration ProjectTO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | Elizabethton, TN | $5K | 2021 |
| Harmony Free Will BaptistTO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | Hampton, TN | $3K | 2021 |
| Simpson Funeral MuseumTO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | Chatham, VA | $2K | 2021 |
| Wynwood Wildlife RehabilitationTO PROVIDE FINANCIAL SUPPORT THAT THE ORGANIZATION MAY USE HOWEVER IT BEST SEES FIT. | Elizabethton, TN | $500 | 2021 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN