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The Bonny Oaks Foundation is a private corporation based in HIXSON, TN. The foundation received its IRS ruling in 1985. It holds total assets of $972K. Annual income is reported at $75K. Total assets have grown from $791K in 2010 to $1M in 2023. The foundation is governed by 6 officers and trustees. Provide educational grants to deserving post secondary education qualified students. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, The Bonny Oaks Foundation has made 57 grants totaling $364K, with a median grant of $6K. Annual giving has decreased from $257K in 2023 to $107K in 2024. Individual grants have ranged from $1K to $10K, with an average award of $6K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in Tennessee, West Virginia, Alabama, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Provide educational grants to deserving post secondary education qualified students.
Expenses: $129K
Provide educational grants to deserving post secondary education qualified students. Based on available records, the foundation has funded 57 grants. Its grantmaking reaches organizations primarily in TN, WV, AL.
The Bonny Oaks Foundation has distributed a total of $364K across 57 grants. The median grant size is $6K, with an average of $6K. Individual grants have ranged from $1K to $10K.
The Bonny Oaks Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Bonny Oaks Foundation is headquartered in HIXSON, TN. While based in TN, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Angel D Bennett | DIRECTOR | $0 | $0 | N/A |
| Brandy Beck | SECRETARY/TREASURER | $0 | $0 | N/A |
| Ron Thomas | DIRECTOR | $0 | $0 | N/A |
| Lawanda Jackson | PRESIDENT | $0 | $0 | N/A |
| Janet Upton | VICE PRESIDENT | $0 | $0 | N/A |
| Mark Fleck | DIRECTOR | $0 | $0 | N/A |
Total Giving
$120K
Total Assets
$1M
Fair Market Value
$1M
Net Worth
$1M
Grants Paid
$107K
Contributions
N/A
Net Investment Income
$21K
Distribution Amount
$49K
Total: $842K
Total Grants
57
Total Giving
$364K
Average Grant
$6K
Median Grant
$6K
Unique Recipients
26
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Caleb EvettSCHOLARSHIP | Cleveland, TN | $10K | 2024 |
| Phillip MeyerSCHOLARSHIP | Nashville, TN | $10K | 2024 |
| Simon HaleSCHOLARSHIP | Morgantown, WV | $10K | 2024 |
| Kassie LuttrellSCHOLARSHIP | Johnson City, TN | $10K | 2024 |
| Delaney TallentSCHOLARSHIP | Knoxville, TN | $10K | 2024 |
| Mason LeutySCHOLARSHIP | Chattanooga, TN | $10K | 2024 |
| Olivia BeckSCHOLARSHIP | Chattanooga, TN | $10K | 2024 |
| David BennettSCHOLARSHIP | Murfreesboro, TN | $6K | 2024 |
| Gavin EricksonSCHOLARSHIP | Chattanooga, TN | $6K | 2024 |
| Hannah TerreySCHOLARSHIP | Dayton, TN | $6K | 2024 |
| Sydnee TallentSCHOLARSHIP | Cleveland, TN | $5K | 2024 |
| Tyler HilliardSCHOLARSHIP | Chattanooga, TN | $5K | 2024 |
| Cooper HilliardSCHOLARSHIP | Chattanooga, TN | $5K | 2024 |
| Emma SteeleSCHOLARSHIP | Dayton, TN | $3K | 2024 |
| Peyton PowersSCHOLARSHIP | Murfreesboro, TN | $1K | 2024 |
| Savannah TurnerSCHOLARSHIP | Chattanooga, TN | $10K | 2023 |
| Chase EvettSCHOLARSHIP | Chattanooga, TN | $10K | 2023 |
| Ian CampbellSCHOLARSHIP | Auburn, AL | $6K | 2023 |
| Bryce ChambersSCHOLARSHIP | Chattanooga, TN | $6K | 2023 |
| Erica JonesSCHOLARSHIP | Rome, GA | $6K | 2023 |
| Madeline SteeleSCHOLARSHIP | Jackson, TN | $6K | 2023 |
| Emma WootenSCHOLARSHIP | Panama City, FL | $6K | 2023 |
| Holland LuttrellSCHOLARSHIP | Chattanooga, TN | $5K | 2023 |
| Cooper ChambersSCHOLARSHIP | Chattanooga, TN | $3K | 2023 |
| Gavin ChambersSCHOLARSHIP | Chattanooga, TN | $3K | 2023 |